Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10054799 Mr Joseph Buckley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10054799 2024-03-31 10054799 2025-03-31 10054799 2024-04-01 2025-03-31 10054799 frs-core:CurrentFinancialInstruments 2025-03-31 10054799 frs-core:Non-currentFinancialInstruments 2025-03-31 10054799 frs-core:ComputerEquipment 2025-03-31 10054799 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10054799 frs-core:ComputerEquipment 2024-03-31 10054799 frs-core:PlantMachinery 2025-03-31 10054799 frs-core:PlantMachinery 2024-04-01 2025-03-31 10054799 frs-core:PlantMachinery 2024-03-31 10054799 frs-core:ShareCapital 2025-03-31 10054799 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10054799 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10054799 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10054799 frs-bus:SmallEntities 2024-04-01 2025-03-31 10054799 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10054799 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10054799 frs-bus:Director1 2024-04-01 2025-03-31 10054799 frs-countries:EnglandWales 2024-04-01 2025-03-31 10054799 2023-03-31 10054799 2024-03-31 10054799 2023-04-01 2024-03-31 10054799 frs-core:CurrentFinancialInstruments 2024-03-31 10054799 frs-core:Non-currentFinancialInstruments 2024-03-31 10054799 frs-core:ShareCapital 2024-03-31 10054799 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10054799
Top Rank Roofing & Building Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10054799
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,767 18,549
15,767 18,549
CURRENT ASSETS
Debtors 5 58,637 73,049
Cash at bank and in hand 17,983 27,666
76,620 100,715
Creditors: Amounts Falling Due Within One Year 6 (85,632 ) (104,576 )
NET CURRENT ASSETS (LIABILITIES) (9,012 ) (3,861 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,755 14,688
Creditors: Amounts Falling Due After More Than One Year 7 (2,708 ) (10,417 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,942 ) (3,524 )
NET ASSETS 105 747
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 103 745
SHAREHOLDERS' FUNDS 105 747
Page 1
Page 2
For the year ending 31 March 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 Joseph Buckley
Director
04/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Top Rank Roofing & Building Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10054799 . 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:
Plant & Machinery 15% WDV
Computer Equipment 15% WDV
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 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.
...CONTINUED
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2.5. Taxation - continued
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: 4 (2024: 4)
4 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 38,549 798 39,347
As at 31 March 2025 38,549 798 39,347
Depreciation
As at 1 April 2024 20,576 222 20,798
Provided during the period 2,696 86 2,782
As at 31 March 2025 23,272 308 23,580
Net Book Value
As at 31 March 2025 15,277 490 15,767
As at 1 April 2024 17,973 576 18,549
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,908 21,939
Other debtors 3,794 2,255
Director's loan account 48,711 48,855
Amounts owed by associates 1,224 -
58,637 73,049
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,490 33,702
Bank loans and overdrafts 7,500 7,500
Corporation tax 24,746 23,223
Other taxes and social security - 365
VAT 9,118 12,756
Other creditors 38,778 27,030
85,632 104,576
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,708 10,417
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
Included in the Other Debtors is an amount owed from the company director Mr Joseph Buckley totalling £48,711 (2024 - £48,855), no interest is to be charged.
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