Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 03043949 Mr C J Miller Mr P A Goodwin Mr C Pearson Mr C J Miller iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03043949 2024-04-30 03043949 2025-04-30 03043949 2024-05-01 2025-04-30 03043949 frs-core:CurrentFinancialInstruments 2025-04-30 03043949 frs-core:Non-currentFinancialInstruments 2025-04-30 03043949 frs-core:BetweenOneFiveYears 2025-04-30 03043949 frs-core:FurnitureFittings 2025-04-30 03043949 frs-core:FurnitureFittings 2024-05-01 2025-04-30 03043949 frs-core:FurnitureFittings 2024-04-30 03043949 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 03043949 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 03043949 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 03043949 frs-core:MotorVehicles 2025-04-30 03043949 frs-core:MotorVehicles 2024-05-01 2025-04-30 03043949 frs-core:MotorVehicles 2024-04-30 03043949 frs-core:WithinOneYear 2025-04-30 03043949 frs-core:ShareCapital 2025-04-30 03043949 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 03043949 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03043949 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 03043949 frs-bus:SmallEntities 2024-05-01 2025-04-30 03043949 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 03043949 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 03043949 frs-bus:Director1 2024-05-01 2025-04-30 03043949 frs-bus:Director2 2024-05-01 2025-04-30 03043949 frs-bus:Director3 2024-05-01 2025-04-30 03043949 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 03043949 frs-countries:EnglandWales 2024-05-01 2025-04-30 03043949 2023-04-30 03043949 2024-04-30 03043949 2023-05-01 2024-04-30 03043949 frs-core:CurrentFinancialInstruments 2024-04-30 03043949 frs-core:Non-currentFinancialInstruments 2024-04-30 03043949 frs-core:BetweenOneFiveYears 2024-04-30 03043949 frs-core:WithinOneYear 2024-04-30 03043949 frs-core:ShareCapital 2024-04-30 03043949 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 03043949
C.L.W. Electrical Distributors Limited
Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03043949
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,690 20,222
65,690 20,222
CURRENT ASSETS
Stocks 5 101,876 90,185
Debtors 6 272,433 276,798
Cash at bank and in hand 450,405 508,297
824,714 875,280
Creditors: Amounts Falling Due Within One Year 7 (333,596 ) (392,550 )
NET CURRENT ASSETS (LIABILITIES) 491,118 482,730
TOTAL ASSETS LESS CURRENT LIABILITIES 556,808 502,952
Creditors: Amounts Falling Due After More Than One Year 8 (34,537 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,423 ) (5,295 )
NET ASSETS 505,848 497,657
CAPITAL AND RESERVES
Called up share capital 10 9,080 9,080
Profit and Loss Account 496,768 488,577
SHAREHOLDERS' FUNDS 505,848 497,657
Page 1
Page 2
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
On behalf of the board
Mr C J Miller
Director
14 August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
C.L.W. Electrical Distributors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03043949 . The registered office is 8 Ludlow Hill Road, West Bridgford, Nottingham, Nottinghamshire, NG2 6HF.
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 20% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 13)
10 13
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 May 2024 4,347 109,531 95,801 209,679
Additions - 60,000 - 60,000
Disposals - (68,543 ) - (68,543 )
As at 30 April 2025 4,347 100,988 95,801 201,136
Depreciation
As at 1 May 2024 4,347 89,309 95,801 189,457
Provided during the period - 5,056 - 5,056
Disposals - (59,067 ) - (59,067 )
As at 30 April 2025 4,347 35,298 95,801 135,446
Net Book Value
As at 30 April 2025 - 65,690 - 65,690
As at 1 May 2024 - 20,222 - 20,222
5. Stocks
2025 2024
£ £
Stock 101,876 90,185
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 269,725 276,692
Directors' loan accounts 2,708 106
272,433 276,798
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 15,463 19,800
Trade creditors 194,341 232,758
Corporation tax 58,962 100,817
Other taxes and social security 4,099 3,778
VAT 21,168 29,143
Other creditors 39,563 6,254
333,596 392,550
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 34,537 -
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,463 19,800
Later than one year and not later than five years 34,537 -
50,000 19,800
50,000 19,800
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 9,080 9,080
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