Acorah Software Products - Accounts Production 16.6.920 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 04202704 Mr Scott Barlow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04202704 2023-10-31 04202704 2024-10-31 04202704 2023-11-01 2024-10-31 04202704 frs-core:CurrentFinancialInstruments 2024-10-31 04202704 frs-core:Non-currentFinancialInstruments 2024-10-31 04202704 frs-core:FurnitureFittings 2024-10-31 04202704 frs-core:FurnitureFittings 2023-11-01 2024-10-31 04202704 frs-core:FurnitureFittings 2023-10-31 04202704 frs-core:NetGoodwill 2024-10-31 04202704 frs-core:NetGoodwill 2023-11-01 2024-10-31 04202704 frs-core:NetGoodwill 2023-10-31 04202704 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 04202704 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04202704 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 04202704 frs-core:MotorVehicles 2024-10-31 04202704 frs-core:MotorVehicles 2023-11-01 2024-10-31 04202704 frs-core:MotorVehicles 2023-10-31 04202704 frs-core:WithinOneYear 2024-10-31 04202704 frs-core:ShareCapital 2024-10-31 04202704 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 04202704 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04202704 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 04202704 frs-bus:SmallEntities 2023-11-01 2024-10-31 04202704 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04202704 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04202704 frs-core:CostValuation 2023-10-31 04202704 frs-core:CostValuation 2024-10-31 04202704 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 04202704 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 04202704 frs-bus:Director1 2023-11-01 2024-10-31 04202704 frs-countries:EnglandWales 2023-11-01 2024-10-31 04202704 2022-10-31 04202704 2023-10-31 04202704 2022-11-01 2023-10-31 04202704 frs-core:CurrentFinancialInstruments 2023-10-31 04202704 frs-core:Non-currentFinancialInstruments 2023-10-31 04202704 frs-core:BetweenOneFiveYears 2023-10-31 04202704 frs-core:WithinOneYear 2023-10-31 04202704 frs-core:ShareCapital 2023-10-31 04202704 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 04202704
S.D. Barlow (Butchers) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Iliffe Poulter Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04202704
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,121 7,041
Tangible Assets 5 629,914 498,512
Investments 6 10 10
636,045 505,563
CURRENT ASSETS
Debtors 7 76,868 74,415
Cash at bank and in hand 78,640 40,224
155,508 114,639
Creditors: Amounts Falling Due Within One Year 8 (431,850 ) (240,514 )
NET CURRENT ASSETS (LIABILITIES) (276,342 ) (125,875 )
TOTAL ASSETS LESS CURRENT LIABILITIES 359,703 379,688
Creditors: Amounts Falling Due After More Than One Year 9 (20,497 ) (30,009 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,585 ) (5,585 )
NET ASSETS 333,621 344,094
CAPITAL AND RESERVES
Called up share capital 11 101 101
Profit and Loss Account 333,520 343,993
SHAREHOLDERS' FUNDS 333,621 344,094
Page 1
Page 2
For the year ending 31 October 2024 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 Scott Barlow
Director
29/10/2025
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
S.D. Barlow (Butchers) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04202704 . The registered office is 182 Nuncargate Road, Kirkby In Ashfield, Nottinghamshire, NG17 9EA .
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. 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.
2.3. 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 2% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% reducing balance
2.4. 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.
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 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 (2023: 1)
1 1
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 23,001
As at 31 October 2024 23,001
Amortisation
As at 1 November 2023 15,960
Provided during the period 920
As at 31 October 2024 16,880
Net Book Value
As at 31 October 2024 6,121
As at 1 November 2023 7,041
5. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2023 568,469 100,627 24,435 693,531
Additions 150,319 - - 150,319
As at 31 October 2024 718,788 100,627 24,435 843,850
Depreciation
As at 1 November 2023 107,050 75,050 12,919 195,019
Provided during the period 11,370 6,394 1,153 18,917
As at 31 October 2024 118,420 81,444 14,072 213,936
Net Book Value
As at 31 October 2024 600,368 19,183 10,363 629,914
As at 1 November 2023 461,419 25,577 11,516 498,512
6. Investments
Subsidiaries
£
Cost or Valuation
As at 1 November 2023 10
As at 31 October 2024 10
Provision
As at 1 November 2023 -
As at 31 October 2024 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 October 2024 10
As at 1 November 2023 10
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 672
Amounts owed by participating interests 73,820 73,743
Other debtors 3,048 -
76,868 74,415
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,958 7,100
Trade creditors 14,740 1,922
Bank loans and overdrafts 10,000 10,224
Other loans 75,000 -
Amounts owed to group undertakings 290,639 101,279
Amounts owed to participating interests 15,060 11,970
Other creditors 18,269 104,913
Taxation and social security 5,184 3,106
431,850 240,514
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 2,958
Bank loans 20,497 27,051
20,497 30,009
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,958 7,100
Later than one year and not later than five years - 2,958
2,958 10,058
2,958 10,058
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
Page 5