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 04655713 Mr David Shoebridge Mr Mark Shoebridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04655713 2024-02-29 04655713 2025-02-28 04655713 2024-03-01 2025-02-28 04655713 frs-core:CurrentFinancialInstruments 2025-02-28 04655713 frs-core:Non-currentFinancialInstruments 2025-02-28 04655713 frs-core:FurnitureFittings 2025-02-28 04655713 frs-core:FurnitureFittings 2024-03-01 2025-02-28 04655713 frs-core:FurnitureFittings 2024-02-29 04655713 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 04655713 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 04655713 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 04655713 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 04655713 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 04655713 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 04655713 frs-core:MotorVehicles 2025-02-28 04655713 frs-core:MotorVehicles 2024-03-01 2025-02-28 04655713 frs-core:MotorVehicles 2024-02-29 04655713 frs-core:PlantMachinery 2025-02-28 04655713 frs-core:PlantMachinery 2024-03-01 2025-02-28 04655713 frs-core:PlantMachinery 2024-02-29 04655713 frs-core:RevaluationReserve 2024-02-29 04655713 frs-core:RevaluationReserve 2025-02-28 04655713 frs-core:ShareCapital 2025-02-28 04655713 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 04655713 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04655713 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 04655713 frs-bus:SmallEntities 2024-03-01 2025-02-28 04655713 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04655713 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04655713 frs-bus:Director1 2024-03-01 2025-02-28 04655713 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 04655713 frs-countries:EnglandWales 2024-03-01 2025-02-28 04655713 2023-02-28 04655713 2024-02-29 04655713 2023-03-01 2024-02-29 04655713 frs-core:CurrentFinancialInstruments 2024-02-29 04655713 frs-core:Non-currentFinancialInstruments 2024-02-29 04655713 frs-core:RevaluationReserve 2024-02-29 04655713 frs-core:ShareCapital 2024-02-29 04655713 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 04655713
Traditional Build Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04655713
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,292,852 1,011,298
1,292,852 1,011,298
CURRENT ASSETS
Debtors 5 40,000 46,154
Cash at bank and in hand 16,523 17,108
56,523 63,262
Creditors: Amounts Falling Due Within One Year 6 (197,709 ) (100,863 )
NET CURRENT ASSETS (LIABILITIES) (141,186 ) (37,601 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,151,666 973,697
Creditors: Amounts Falling Due After More Than One Year 7 (487,245 ) (507,646 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,804 ) (4,436 )
NET ASSETS 660,617 461,615
CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 10,369 10,369
Profit and Loss Account 650,246 451,244
SHAREHOLDERS' FUNDS 660,617 461,615
Page 1
Page 2
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 David Shoebridge
Director
21/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Traditional Build Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04655713 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
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 NIL
Leasehold NIL
Plant & Machinery 15% on reducing balance
Motor Vehicles 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost or Valuation
As at 1 March 2024 380,000 613,395 2,033 16,160
Additions - 284,239 - -
As at 28 February 2025 380,000 897,634 2,033 16,160
Depreciation
As at 1 March 2024 - - 749 6,819
Provided during the period - - 192 1,401
As at 28 February 2025 - - 941 8,220
Net Book Value
As at 28 February 2025 380,000 897,634 1,092 7,940
As at 1 March 2024 380,000 613,395 1,284 9,341
Fixtures & Fittings Total
£ £
Cost or Valuation
As at 1 March 2024 23,107 1,034,695
Additions - 284,239
As at 28 February 2025 23,107 1,318,934
Depreciation
As at 1 March 2024 15,829 23,397
Provided during the period 1,092 2,685
As at 28 February 2025 16,921 26,082
Net Book Value
As at 28 February 2025 6,186 1,292,852
As at 1 March 2024 7,278 1,011,298
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 40,000 46,154
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,740 1,441
Bank loans and overdrafts 11,500 -
Corporation tax 67,080 10,208
Director's loan account 117,389 89,214
197,709 100,863
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 147,245 167,646
Inter company account 340,000 340,000
487,245 507,646
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Revaluation Reserve
£
As at 1 March 2024 10,369
As at 28 February 2025 10,369
10. Related Party Transactions
Included in Other Creditors is an amount of £117,389 (2024 - £89,214), owed to the company director Mr D Shoebridge. This loan is interest free and no repayment terms have been agreed.
Included in Other Creditors is an amount of £340,000 (2024 - £340,000), owed to Essential Social Care Ltd, a company under the control of the director Mr D Shoebridge. This loan is interest fee and no repayment terms have been agreed.
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