Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04125075 Mr Christopher Moss Mrs Bridget Moss Mrs Bridget Moss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04125075 2023-12-31 04125075 2024-12-31 04125075 2024-01-01 2024-12-31 04125075 frs-core:CurrentFinancialInstruments 2024-12-31 04125075 frs-core:Non-currentFinancialInstruments 2024-12-31 04125075 frs-core:BetweenOneFiveYears 2024-12-31 04125075 frs-core:FurnitureFittings 2024-12-31 04125075 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04125075 frs-core:FurnitureFittings 2023-12-31 04125075 frs-core:NetGoodwill 2024-12-31 04125075 frs-core:NetGoodwill 2024-01-01 2024-12-31 04125075 frs-core:NetGoodwill 2023-12-31 04125075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04125075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04125075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04125075 frs-core:MotorVehicles 2024-12-31 04125075 frs-core:MotorVehicles 2024-01-01 2024-12-31 04125075 frs-core:MotorVehicles 2023-12-31 04125075 frs-core:PlantMachinery 2024-12-31 04125075 frs-core:PlantMachinery 2024-01-01 2024-12-31 04125075 frs-core:PlantMachinery 2023-12-31 04125075 frs-core:ShareCapital 2024-12-31 04125075 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04125075 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04125075 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04125075 frs-bus:SmallEntities 2024-01-01 2024-12-31 04125075 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04125075 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04125075 frs-bus:Director1 2024-01-01 2024-12-31 04125075 frs-bus:Director2 2024-01-01 2024-12-31 04125075 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04125075 frs-countries:EnglandWales 2024-01-01 2024-12-31 04125075 2022-12-31 04125075 2023-12-31 04125075 2023-01-01 2023-12-31 04125075 frs-core:CurrentFinancialInstruments 2023-12-31 04125075 frs-core:Non-currentFinancialInstruments 2023-12-31 04125075 frs-core:BetweenOneFiveYears 2023-12-31 04125075 frs-core:ShareCapital 2023-12-31 04125075 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04125075
York Warehousing & Distribution Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04125075
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 845 1,127
Tangible Assets 5 442,869 338,031
443,714 339,158
CURRENT ASSETS
Debtors 6 19,741 30,634
Cash at bank and in hand 87,755 202,829
107,496 233,463
Creditors: Amounts Falling Due Within One Year 7 (87,631 ) (102,277 )
NET CURRENT ASSETS (LIABILITIES) 19,865 131,186
TOTAL ASSETS LESS CURRENT LIABILITIES 463,579 470,344
Creditors: Amounts Falling Due After More Than One Year 8 (118,642 ) (135,725 )
NET ASSETS 344,937 334,619
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 344,837 334,519
SHAREHOLDERS' FUNDS 344,937 334,619
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For the year ending 31 December 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
Mrs Bridget Moss
Director
09/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
York Warehousing & Distribution Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04125075 . The registered office is Unit B5-B7 Elvington Industrial Estate, York Road Elvington, York, YO41 4AR.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Freehold 10% Reducing Balance
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.5. 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.
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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. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 6 (2023: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 19,000
As at 31 December 2024 19,000
Amortisation
As at 1 January 2024 17,873
Provided during the period 282
As at 31 December 2024 18,155
Net Book Value
As at 31 December 2024 845
As at 1 January 2024 1,127
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2024 212,121 321,303 209,957 34,589 777,970
Additions 100,095 16,913 48,478 - 165,486
As at 31 December 2024 312,216 338,216 258,435 34,589 943,456
...CONTINUED
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Depreciation
As at 1 January 2024 44,071 244,616 124,095 27,157 439,939
Provided during the period 1,805 23,400 33,585 1,858 60,648
As at 31 December 2024 45,876 268,016 157,680 29,015 500,587
Net Book Value
As at 31 December 2024 266,340 70,200 100,755 5,574 442,869
As at 1 January 2024 168,050 76,687 85,862 7,432 338,031
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,741 30,634
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 33,638 45,313
Corporation tax 29,941 39,309
VAT 24,052 17,655
87,631 102,277
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 30,325 24,032
Bank loans 88,317 111,693
118,642 135,725
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 30,325 24,032
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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