Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01302005 Mr Benjamin Corner Mrs Caroline Corner Mr Matthew Wood Mr & Mrs Corner true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01302005 2023-12-31 01302005 2024-12-31 01302005 2024-01-01 2024-12-31 01302005 frs-core:CurrentFinancialInstruments 2024-12-31 01302005 frs-core:ComputerEquipment 2024-12-31 01302005 frs-core:ComputerEquipment 2024-01-01 2024-12-31 01302005 frs-core:ComputerEquipment 2023-12-31 01302005 frs-core:FurnitureFittings 2024-12-31 01302005 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01302005 frs-core:FurnitureFittings 2023-12-31 01302005 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 01302005 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01302005 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 01302005 frs-core:MotorVehicles 2024-12-31 01302005 frs-core:MotorVehicles 2024-01-01 2024-12-31 01302005 frs-core:MotorVehicles 2023-12-31 01302005 frs-core:PlantMachinery 2024-12-31 01302005 frs-core:PlantMachinery 2024-01-01 2024-12-31 01302005 frs-core:PlantMachinery 2023-12-31 01302005 frs-core:ShareCapital 2024-12-31 01302005 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01302005 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01302005 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01302005 frs-bus:SmallEntities 2024-01-01 2024-12-31 01302005 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01302005 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01302005 1 2024-01-01 2024-12-31 01302005 frs-bus:Director1 2024-01-01 2024-12-31 01302005 frs-bus:Director2 2024-01-01 2024-12-31 01302005 frs-bus:Director3 2024-01-01 2024-12-31 01302005 frs-core:CurrentFinancialInstruments 2 2024-12-31 01302005 frs-countries:EnglandWales 2024-01-01 2024-12-31 01302005 2022-12-31 01302005 2023-12-31 01302005 2023-01-01 2023-12-31 01302005 frs-core:CurrentFinancialInstruments 2023-12-31 01302005 frs-core:ShareCapital 2023-12-31 01302005 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01302005 frs-core:CurrentFinancialInstruments 1 2023-12-31 01302005 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 01302005
West Mercia Air Conditioning Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 01302005
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,582 85,262
77,582 85,262
CURRENT ASSETS
Stocks 5 130,199 151,777
Debtors 6 547,520 797,639
Cash at bank and in hand 166,926 162,726
844,645 1,112,142
Creditors: Amounts Falling Due Within One Year 7 (546,252 ) (644,870 )
NET CURRENT ASSETS (LIABILITIES) 298,393 467,272
TOTAL ASSETS LESS CURRENT LIABILITIES 375,975 552,534
NET ASSETS 375,975 552,534
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 375,875 552,434
SHAREHOLDERS' FUNDS 375,975 552,534
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
Mr Benjamin Corner
Director
13/09/2025
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
West Mercia Air Conditioning Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01302005 . The registered office is Sme House, Holme Lacy Industrial Estate, Hereford, HR2 6DR.
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:
Freehold 10% Reducing Balance
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% 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. 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.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2023: 38)
39 38
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2024 58,427 83,837 126,397 63,683
Additions - - - 5,783
As at 31 December 2024 58,427 83,837 126,397 69,466
Depreciation
As at 1 January 2024 36,775 67,503 105,010 53,122
Provided during the period 2,165 4,083 5,346 3,235
As at 31 December 2024 38,940 71,586 110,356 56,357
Net Book Value
As at 31 December 2024 19,487 12,251 16,041 13,109
As at 1 January 2024 21,652 16,334 21,387 10,561
Computer Equipment Total
£ £
Cost
As at 1 January 2024 56,799 389,143
Additions 6,088 11,871
As at 31 December 2024 62,887 401,014
Depreciation
As at 1 January 2024 41,471 303,881
Provided during the period 4,722 19,551
As at 31 December 2024 46,193 323,432
Net Book Value
As at 31 December 2024 16,694 77,582
As at 1 January 2024 15,328 85,262
5. Stocks
2024 2023
£ £
Materials 122,729 122,729
Work in progress 7,470 29,048
130,199 151,777
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 498,008 770,682
Prepayments and accrued income 49,112 25,714
Other debtors 400 1,000
Retention control - 243
547,520 797,639
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 260,210 368,988
Corporation tax 71,878 135,313
Other taxes and social security 32,919 30,872
VAT 74,866 76,418
Company credit card 81,001 12,431
Other creditors 1,677 150
Pension fund 12,346 10,307
Accruals and deferred income 11,189 10,391
Directors' loan accounts 166 -
546,252 644,870
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The company rented its commercial premises from its parent company, BC Properties (Hereford) Limited, during the year. The rent paid was a commercial
market rate. There was no creditor at the end of the period.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is BC Properties (Hereford) Limited . BC Properties (Hereford) Limited was incorporated in England. The ultimate controlling party are the Directors, Mr & Mrs Corner who control 100% of the shares of West Mercia Air Conditioning Limited .
Page 4