Acorah Software Products - Accounts Production 16.5.460 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 13856765 Mrs EMILY EARL Mr ALEX EARL iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13856765 2024-01-31 13856765 2025-01-31 13856765 2024-02-01 2025-01-31 13856765 frs-core:CurrentFinancialInstruments 2025-01-31 13856765 frs-core:Non-currentFinancialInstruments 2025-01-31 13856765 frs-core:BetweenOneFiveYears 2025-01-31 13856765 frs-core:NetGoodwill 2025-01-31 13856765 frs-core:NetGoodwill 2024-02-01 2025-01-31 13856765 frs-core:NetGoodwill 2024-01-31 13856765 frs-core:MotorVehicles 2025-01-31 13856765 frs-core:MotorVehicles 2024-02-01 2025-01-31 13856765 frs-core:MotorVehicles 2024-01-31 13856765 frs-core:PlantMachinery 2025-01-31 13856765 frs-core:PlantMachinery 2024-02-01 2025-01-31 13856765 frs-core:PlantMachinery 2024-01-31 13856765 frs-core:WithinOneYear 2025-01-31 13856765 frs-core:ShareCapital 2025-01-31 13856765 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 13856765 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13856765 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 13856765 frs-bus:SmallEntities 2024-02-01 2025-01-31 13856765 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13856765 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13856765 frs-bus:Director1 2024-02-01 2025-01-31 13856765 frs-bus:Director2 2024-02-01 2025-01-31 13856765 frs-countries:EnglandWales 2024-02-01 2025-01-31 13856765 2023-01-31 13856765 2024-01-31 13856765 2023-02-01 2024-01-31 13856765 frs-core:CurrentFinancialInstruments 2024-01-31 13856765 frs-core:Non-currentFinancialInstruments 2024-01-31 13856765 frs-core:BetweenOneFiveYears 2024-01-31 13856765 frs-core:WithinOneYear 2024-01-31 13856765 frs-core:ShareCapital 2024-01-31 13856765 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 13856765
URBAN ROOFING SHEFFIELD LIMITED
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13856765
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,000 4,000
Tangible Assets 5 16,786 22,083
18,786 26,083
CURRENT ASSETS
Debtors 6 2,329 6,201
Cash at bank and in hand 9,078 2,653
11,407 8,854
Creditors: Amounts Falling Due Within One Year 7 (13,234 ) (5,986 )
NET CURRENT ASSETS (LIABILITIES) (1,827 ) 2,868
TOTAL ASSETS LESS CURRENT LIABILITIES 16,959 28,951
Creditors: Amounts Falling Due After More Than One Year 8 (13,803 ) (26,852 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,197 ) (5,444 )
NET LIABILITIES (1,041 ) (3,345 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (1,141 ) (3,445 )
SHAREHOLDERS' FUNDS (1,041) (3,345)
Page 1
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For the year ending 31 January 2025 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 ALEX EARL
Director
20/10/2025
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
URBAN ROOFING SHEFFIELD LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13856765 . The registered office is Unit 2, Rotherside Court Rotherside Road, Eckington, Sheffield, S21 4HL.
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. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
2.4. 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 over its estimated economic life of 4 years.
2.5. 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
Motor Vehicles 25% reducing
2.6. 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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2.7. 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: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 8,000
As at 31 January 2025 8,000
Amortisation
As at 1 February 2024 4,000
Provided during the period 2,000
As at 31 January 2025 6,000
Net Book Value
As at 31 January 2025 2,000
As at 1 February 2024 4,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2024 69 29,769 29,838
Additions 218 81 299
As at 31 January 2025 287 29,850 30,137
...CONTINUED
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Page 5
Depreciation
As at 1 February 2024 34 7,721 7,755
Provided during the period 64 5,532 5,596
As at 31 January 2025 98 13,253 13,351
Net Book Value
As at 31 January 2025 189 16,597 16,786
As at 1 February 2024 35 22,048 22,083
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,203 -
Prepayments and accrued income 1,126 6,201
2,329 6,201
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,964 -
Trade creditors - 1
Bank loans and overdrafts 1,188 3,172
VAT 2,958 2,501
Accruals and deferred income 1,500 -
Directors' loan accounts 624 312
13,234 5,986
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 13,803 26,852
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,964 -
Later than one year and not later than five years 13,803 26,852
20,767 26,852
20,767 26,852
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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