Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08778750 Mr Michael Butcher Mrs Jacqui Butcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08778750 2023-11-30 08778750 2024-11-30 08778750 2023-12-01 2024-11-30 08778750 frs-core:CurrentFinancialInstruments 2024-11-30 08778750 frs-core:ComputerEquipment 2024-11-30 08778750 frs-core:ComputerEquipment 2023-12-01 2024-11-30 08778750 frs-core:ComputerEquipment 2023-11-30 08778750 frs-core:MotorVehicles 2024-11-30 08778750 frs-core:MotorVehicles 2023-12-01 2024-11-30 08778750 frs-core:MotorVehicles 2023-11-30 08778750 frs-core:PlantMachinery 2024-11-30 08778750 frs-core:PlantMachinery 2023-12-01 2024-11-30 08778750 frs-core:PlantMachinery 2023-11-30 08778750 frs-core:ShareCapital 2024-11-30 08778750 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08778750 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08778750 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08778750 frs-bus:SmallEntities 2023-12-01 2024-11-30 08778750 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08778750 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08778750 frs-core:CostValuation 2023-11-30 08778750 frs-core:CostValuation 2024-11-30 08778750 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 08778750 frs-core:ProvisionsForImpairmentInvestments 2024-11-30 08778750 frs-bus:Director1 2023-12-01 2024-11-30 08778750 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 08778750 frs-countries:EnglandWales 2023-12-01 2024-11-30 08778750 2022-11-30 08778750 2023-11-30 08778750 2022-12-01 2023-11-30 08778750 frs-core:CurrentFinancialInstruments 2023-11-30 08778750 frs-core:ShareCapital 2023-11-30 08778750 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 08778750
M Butcher ElectricalServices Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
GC Accountancy Management Service Ltd
c/o GCAMS, Jubilee House
3 The Drive
Great Warley
Essex
CM13 3FR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08778750
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,493 1,978
Investments 5 20,000 20,000
38,493 21,978
CURRENT ASSETS
Debtors 6 50,810 35,150
Cash at bank and in hand 88,859 91,319
139,669 126,469
Creditors: Amounts Falling Due Within One Year 7 (72,171 ) (64,044 )
NET CURRENT ASSETS (LIABILITIES) 67,498 62,425
TOTAL ASSETS LESS CURRENT LIABILITIES 105,991 84,403
NET ASSETS 105,991 84,403
CAPITAL AND RESERVES
Called up share capital 8 115 115
Profit and Loss Account 105,876 84,288
SHAREHOLDERS' FUNDS 105,991 84,403
Page 1
Page 2
For the year ending 30 November 2024 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.
On behalf of the board
Mr Michael Butcher
Director
27/05/2025
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
M Butcher ElectricalServices Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08778750 . The registered office is 13 Priory Close, Chingford, London, E4 8AE.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 1/3 Straight Line
2.4. 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 6,485 1,500 733 8,718
Additions - 24,000 270 24,270
As at 30 November 2024 6,485 25,500 1,003 32,988
Depreciation
As at 1 December 2023 4,593 1,444 703 6,740
Provided during the period 1,621 6,014 120 7,755
As at 30 November 2024 6,214 7,458 823 14,495
Net Book Value
As at 30 November 2024 271 18,042 180 18,493
As at 1 December 2023 1,892 56 30 1,978
5. Investments
Other
£
Cost
As at 1 December 2023 20,000
As at 30 November 2024 20,000
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 20,000
As at 1 December 2023 20,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 50,810 34,540
Prepayments and accrued income - 610
50,810 35,150
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,434 557
Corporation tax 25,291 20,646
Other taxes and social security 72 708
VAT 14,752 10,125
Net wages 881 -
Accruals and deferred income 840 800
Director's loan account 28,901 31,208
72,171 64,044
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 115 115
Page 5