Acorah Software Products - Accounts Production 16.4.675 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12132964 Mr Philip Miskelly Mr Alan Alexander iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12132964 2023-08-31 12132964 2024-08-31 12132964 2023-09-01 2024-08-31 12132964 frs-core:CurrentFinancialInstruments 2024-08-31 12132964 frs-core:Non-currentFinancialInstruments 2024-08-31 12132964 frs-core:ComputerEquipment 2024-08-31 12132964 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12132964 frs-core:ComputerEquipment 2023-08-31 12132964 frs-core:FurnitureFittings 2024-08-31 12132964 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12132964 frs-core:FurnitureFittings 2023-08-31 12132964 frs-core:MotorVehicles 2024-08-31 12132964 frs-core:MotorVehicles 2023-09-01 2024-08-31 12132964 frs-core:MotorVehicles 2023-08-31 12132964 frs-core:ShareCapital 2024-08-31 12132964 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12132964 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12132964 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12132964 frs-bus:SmallEntities 2023-09-01 2024-08-31 12132964 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12132964 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12132964 frs-bus:Director1 2023-09-01 2024-08-31 12132964 frs-bus:Director2 2023-09-01 2024-08-31 12132964 frs-countries:EnglandWales 2023-09-01 2024-08-31 12132964 2022-08-31 12132964 2023-08-31 12132964 2022-09-01 2023-08-31 12132964 frs-core:CurrentFinancialInstruments 2023-08-31 12132964 frs-core:Non-currentFinancialInstruments 2023-08-31 12132964 frs-core:ShareCapital 2023-08-31 12132964 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12132964
Fitsafe (Nw) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Bennett Verby Limited
7 St Petersgate
Stockport
Cheshire
SK1 1EB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12132964
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,160 2,709
2,160 2,709
CURRENT ASSETS
Stocks 5 17,250 19,425
Debtors 6 26,689 31,380
Cash at bank and in hand 3,544 2,784
47,483 53,589
Creditors: Amounts Falling Due Within One Year 7 (88,552 ) (104,871 )
NET CURRENT ASSETS (LIABILITIES) (41,069 ) (51,282 )
TOTAL ASSETS LESS CURRENT LIABILITIES (38,909 ) (48,573 )
Creditors: Amounts Falling Due After More Than One Year 8 (33,364 ) (41,505 )
NET LIABILITIES (72,273 ) (90,078 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (72,373 ) (90,178 )
SHAREHOLDERS' FUNDS (72,273) (90,078)
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Page 2
For the year ending 31 August 2024 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 Alan Alexander
Director
26 August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Fitsafe (Nw) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12132964 . The registered office is 7 St. Petersgate, Stockport, Cheshire, SK1 1EB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 6)
4 6
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 3,200 507 1,422 5,129
As at 31 August 2024 3,200 507 1,422 5,129
Depreciation
As at 1 September 2023 1,775 161 484 2,420
Provided during the period 356 52 141 549
As at 31 August 2024 2,131 213 625 2,969
Net Book Value
As at 31 August 2024 1,069 294 797 2,160
As at 1 September 2023 1,425 346 938 2,709
5. Stocks
2024 2023
£ £
Finished goods 17,250 19,425
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,089 25,780
Other debtors 5,600 5,600
26,689 31,380
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,875 9,698
Bank loans and overdrafts 8,938 14,732
Other creditors 45,901 57,002
Taxation and social security 18,838 23,439
88,552 104,871
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 33,364 41,505
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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