Acorah Software Products - Accounts Production 16.4.675 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 10637651 Mr Stewart Green iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10637651 2024-02-28 10637651 2025-02-28 10637651 2024-02-29 2025-02-28 10637651 frs-core:CurrentFinancialInstruments 2025-02-28 10637651 frs-core:Non-currentFinancialInstruments 2025-02-28 10637651 frs-core:ComputerEquipment 2025-02-28 10637651 frs-core:ComputerEquipment 2024-02-29 2025-02-28 10637651 frs-core:ComputerEquipment 2024-02-28 10637651 frs-core:MotorVehicles 2025-02-28 10637651 frs-core:MotorVehicles 2024-02-29 2025-02-28 10637651 frs-core:MotorVehicles 2024-02-28 10637651 frs-core:PlantMachinery 2025-02-28 10637651 frs-core:PlantMachinery 2024-02-29 2025-02-28 10637651 frs-core:PlantMachinery 2024-02-28 10637651 frs-core:ShareCapital 2025-02-28 10637651 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10637651 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 10637651 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 10637651 frs-bus:SmallEntities 2024-02-29 2025-02-28 10637651 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 10637651 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 10637651 frs-bus:Director1 2024-02-29 2025-02-28 10637651 frs-bus:Director1 2024-02-28 10637651 frs-bus:Director1 2025-02-28 10637651 frs-core:CurrentFinancialInstruments 2 2025-02-28 10637651 frs-core:CurrentFinancialInstruments 5 2025-02-28 10637651 frs-countries:EnglandWales 2024-02-29 2025-02-28 10637651 2023-02-28 10637651 2024-02-28 10637651 2023-03-01 2024-02-28 10637651 frs-core:CurrentFinancialInstruments 2024-02-28 10637651 frs-core:Non-currentFinancialInstruments 2024-02-28 10637651 frs-core:ShareCapital 2024-02-28 10637651 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 10637651 frs-core:CurrentFinancialInstruments 1 2024-02-28 10637651 frs-core:CurrentFinancialInstruments 2 2024-02-28 10637651 frs-core:CurrentFinancialInstruments 5 2024-02-28
Registered number: 10637651
London Guidewall Contractors Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
The Fishbourne Accountant Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10637651
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 87,955 162,540
87,955 162,540
CURRENT ASSETS
Debtors 5 180,170 242,168
Cash at bank and in hand 374,204 380,379
554,374 622,547
Creditors: Amounts Falling Due Within One Year 6 (73,786 ) (148,668 )
NET CURRENT ASSETS (LIABILITIES) 480,588 473,879
TOTAL ASSETS LESS CURRENT LIABILITIES 568,543 636,419
NET ASSETS 568,543 636,419
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 568,443 636,319
SHAREHOLDERS' FUNDS 568,543 636,419
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 Stewart Green
Director
22nd September 2025
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
London Guidewall Contractors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10637651 . The registered office is 43 James Street, Selsey, Chichester, UK, PO20 0JG.
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% Straight Line
Motor Vehicles 33% Reducing Balance
Computer Equipment 25% 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: 1 (2024: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 29 February 2024 18,459 303,829 3,349 325,637
Disposals - (80,310 ) - (80,310 )
As at 28 February 2025 18,459 223,519 3,349 245,327
Depreciation
As at 29 February 2024 15,906 145,993 1,198 163,097
Provided during the period - 24,968 538 25,506
Disposals - (31,231 ) - (31,231 )
As at 28 February 2025 15,906 139,730 1,736 157,372
Net Book Value
As at 28 February 2025 2,553 83,789 1,613 87,955
As at 29 February 2024 2,553 157,836 2,151 162,540
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 76,656 -
Prepayments and accrued income 807 77,021
Other debtors 78,000 85,000
Corporation tax recoverable assets 25 18,334
Deferred tax current asset 1,955 1,332
Director's loan account - 45,000
157,443 226,687
Due after more than one year
Deferred tax current asset 22,727 15,481
180,170 242,168
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 89,055
Corporation tax 3,013 -
Other taxes and social security 80 -
VAT 25,734 18,751
Net wages 876 -
Dividends payable (Current liabilities - creditors < 1 year) - 38,900
Nest Pension Liabilities (282 ) (178 )
Sales Ledger Credit Balances 1 1
Accruals and deferred income 2,139 2,139
Director's loan account 42,225 -
73,786 148,668
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 29 February 2024 Amounts advanced Amounts repaid Amounts written off As at 28 February 2025
£ £ £ £ £
Mr Stewart Green 45,000 - - - -
The above loan is unsecured, interest free and repayable on demand.
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