Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 SC423631 Mr Garry Miller Garry Miller true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC423631 2023-05-31 SC423631 2024-05-31 SC423631 2023-06-01 2024-05-31 SC423631 frs-core:CurrentFinancialInstruments 2024-05-31 SC423631 frs-core:Non-currentFinancialInstruments 2024-05-31 SC423631 frs-core:ComputerEquipment 2024-05-31 SC423631 frs-core:ComputerEquipment 2023-06-01 2024-05-31 SC423631 frs-core:ComputerEquipment 2023-05-31 SC423631 frs-core:MotorVehicles 2024-05-31 SC423631 frs-core:MotorVehicles 2023-06-01 2024-05-31 SC423631 frs-core:MotorVehicles 2023-05-31 SC423631 frs-core:PlantMachinery 2024-05-31 SC423631 frs-core:PlantMachinery 2023-06-01 2024-05-31 SC423631 frs-core:PlantMachinery 2023-05-31 SC423631 frs-core:ShareCapital 2024-05-31 SC423631 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC423631 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC423631 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 SC423631 frs-bus:SmallEntities 2023-06-01 2024-05-31 SC423631 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 SC423631 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC423631 1 2023-06-01 2024-05-31 SC423631 frs-bus:Director1 2023-06-01 2024-05-31 SC423631 frs-countries:Scotland 2023-06-01 2024-05-31 SC423631 2022-05-31 SC423631 2023-05-31 SC423631 2022-06-01 2023-05-31 SC423631 frs-core:CurrentFinancialInstruments 2023-05-31 SC423631 frs-core:Non-currentFinancialInstruments 2023-05-31 SC423631 frs-core:ShareCapital 2023-05-31 SC423631 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: SC423631
Miller Joinery & Shopfitting Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Dunellan Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC423631
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,964 15,951
11,964 15,951
CURRENT ASSETS
Stocks 5 83,806 134,675
Debtors 6 64,402 63,642
Cash at bank and in hand 10,549 21,700
158,757 220,017
Creditors: Amounts Falling Due Within One Year 7 (146,191 ) (159,297 )
NET CURRENT ASSETS (LIABILITIES) 12,566 60,720
TOTAL ASSETS LESS CURRENT LIABILITIES 24,530 76,671
Creditors: Amounts Falling Due After More Than One Year 8 (43,009 ) (53,304 )
NET (LIABILITIES)/ASSETS (18,479 ) 23,367
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (18,579 ) 23,267
SHAREHOLDERS' FUNDS (18,479) 23,367
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Page 2
For the year ending 31 May 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 Garry Miller
Director
01/09/2025
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
Miller Joinery & Shopfitting Limited is a private company, limited by shares, incorporated in Scotland, registered number SC423631 . The registered office is 109 Abercorn Street, Abercorn Industrial Estate, Paisley, PA3 4AT.
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% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. Charge for the year is £6,000 (2023 £7,634).
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 43,682 52,740 3,875 100,297
As at 31 May 2024 43,682 52,740 3,875 100,297
Depreciation
As at 1 June 2023 41,329 40,860 2,157 84,346
Provided during the period 588 2,970 429 3,987
As at 31 May 2024 41,917 43,830 2,586 88,333
Net Book Value
As at 31 May 2024 1,765 8,910 1,289 11,964
As at 1 June 2023 2,353 11,880 1,718 15,951
5. Stocks
2024 2023
£ £
Stock 24,933 21,067
Work in progress 58,873 113,608
83,806 134,675
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,310 9,550
Prepayments and accrued income 54,092 54,092
64,402 63,642
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 46,044 68,127
Bank loans and overdrafts 10,000 10,000
Corporation tax 5,411 9,411
Other taxes and social security 9,731 13,601
VAT 75,005 58,158
146,191 159,297
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,667 21,667
Directors loan account 31,342 31,637
43,009 53,304
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is Garry Miller by virtue of his ownership of 100% of the issued share capital in the company.
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