Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 13901233 Mr Lee Browne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13901233 2024-02-29 13901233 2025-02-28 13901233 2024-03-01 2025-02-28 13901233 frs-core:CurrentFinancialInstruments 2025-02-28 13901233 frs-core:ComputerEquipment 2025-02-28 13901233 frs-core:ComputerEquipment 2024-03-01 2025-02-28 13901233 frs-core:ComputerEquipment 2024-02-29 13901233 frs-core:FurnitureFittings 2025-02-28 13901233 frs-core:FurnitureFittings 2024-03-01 2025-02-28 13901233 frs-core:FurnitureFittings 2024-02-29 13901233 frs-core:MotorVehicles 2025-02-28 13901233 frs-core:MotorVehicles 2024-03-01 2025-02-28 13901233 frs-core:MotorVehicles 2024-02-29 13901233 frs-core:PlantMachinery 2025-02-28 13901233 frs-core:PlantMachinery 2024-03-01 2025-02-28 13901233 frs-core:PlantMachinery 2024-02-29 13901233 frs-core:ShareCapital 2025-02-28 13901233 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13901233 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13901233 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 13901233 frs-bus:SmallEntities 2024-03-01 2025-02-28 13901233 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13901233 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13901233 frs-bus:Director1 2024-03-01 2025-02-28 13901233 frs-countries:EnglandWales 2024-03-01 2025-02-28 13901233 2023-02-28 13901233 2024-02-29 13901233 2023-03-01 2024-02-29 13901233 frs-core:CurrentFinancialInstruments 2024-02-29 13901233 frs-core:ShareCapital 2024-02-29 13901233 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 13901233
Browne Gas And Heating Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
KFS Accountants Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13901233
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,142 17,155
13,142 17,155
CURRENT ASSETS
Stocks 5 5,055 5,055
Debtors 6 8,261 5,201
Cash at bank and in hand 52,411 82,879
65,727 93,135
Creditors: Amounts Falling Due Within One Year 7 (48,925 ) (55,440 )
NET CURRENT ASSETS (LIABILITIES) 16,802 37,695
TOTAL ASSETS LESS CURRENT LIABILITIES 29,944 54,850
NET ASSETS 29,944 54,850
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 29,942 54,848
SHAREHOLDERS' FUNDS 29,944 54,850
For the year ending 28 February 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.
On behalf of the board
Mr Lee Browne
Director
6th September 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Browne Gas And Heating Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13901233 . The registered office is Elcot Park Elcot Mews, Elcot Lane, Marlborough, SN8 2BG.
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
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% on Cost
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. 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.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2024 2,138 26,746 328 1,518 30,730
Additions - - 406 416 822
As at 28 February 2025 2,138 26,746 734 1,934 31,552
Depreciation
As at 1 March 2024 719 11,701 144 1,011 13,575
Provided during the period 354 3,762 131 588 4,835
As at 28 February 2025 1,073 15,463 275 1,599 18,410
Net Book Value
As at 28 February 2025 1,065 11,283 459 335 13,142
As at 1 March 2024 1,419 15,045 184 507 17,155
5. Stocks
2025 2024
£ £
Stock 5,055 5,055
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,583 4,178
Prepayments and accrued income 678 668
Other taxes and social security - 355
8,261 5,201
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,031 1,388
Corporation tax 15,674 20,214
Other taxes and social security 527 -
VAT 7,499 6,632
Net wages 9 1,048
Director's loan account 22,185 26,158
48,925 55,440
Page 3
Page 4
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4