Acorah Software Products - Accounts Production 16.4.675 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 02116868 P Sparks K Hiscock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02116868 2024-05-31 02116868 2025-05-31 02116868 2024-06-01 2025-05-31 02116868 frs-core:ComputerEquipment 2024-06-01 2025-05-31 02116868 frs-core:FurnitureFittings 2024-06-01 2025-05-31 02116868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 02116868 frs-core:MotorVehicles 2024-06-01 2025-05-31 02116868 frs-core:PlantMachinery 2024-06-01 2025-05-31 02116868 frs-core:RevaluationReserve 2024-06-01 2025-05-31 02116868 frs-core:RevaluationReserve 2025-05-31 02116868 frs-core:ShareCapital 2025-05-31 02116868 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 02116868 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 02116868 frs-bus:AbridgedAccounts 2024-06-01 2025-05-31 02116868 frs-bus:SmallEntities 2024-06-01 2025-05-31 02116868 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 02116868 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 02116868 frs-bus:Director1 2024-06-01 2025-05-31 02116868 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 02116868 frs-countries:EnglandWales 2024-06-01 2025-05-31 02116868 2023-05-31 02116868 2024-05-31 02116868 2023-06-01 2024-05-31 02116868 frs-core:RevaluationReserve 2024-05-31 02116868 frs-core:ShareCapital 2024-05-31 02116868 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 02116868
P.J. Sparks (Electrical Contractors) Limited
ABRIDGED Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 02116868
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 119,490 61,153
119,490 61,153
CURRENT ASSETS
Stocks 6,694 5,354
Debtors 10,804 38,399
Cash at bank and in hand 11,251 7,407
28,749 51,160
Creditors: Amounts Falling Due Within One Year (190,209 ) (205,332 )
NET CURRENT ASSETS (LIABILITIES) (161,460 ) (154,172 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,970 ) (93,019 )
NET LIABILITIES (41,970 ) (93,019 )
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Revaluation reserve 7 60,141 -
Profit and Loss Account (103,111 ) (94,019 )
SHAREHOLDERS' FUNDS (41,970) (93,019)
Page 1
Page 2
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
P Sparks
Director
29th July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
P.J. Sparks (Electrical Contractors) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02116868 . The registered office is Unit 11, Fairview Estate, Newtown Road, Henley On Thames, RG9 1HG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment Over 3 years
Freehold property has been revalued in line the valution report prepared in March 2025.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
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4. Tangible Assets
Total
£
Cost or Valuation
As at 1 June 2024 113,725
Revaluation 60,141
As at 31 May 2025 173,866
Depreciation
As at 1 June 2024 52,572
Provided during the period 1,804
As at 31 May 2025 54,376
Net Book Value
As at 31 May 2025 119,490
As at 1 June 2024 61,153
5. Secured Creditors
Of the creditors the following amounts are secured.
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
7. Reserves
Revaluation Reserve
£
Surplus on revaluation 60,141
As at 31 May 2025 60,141
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