Acorah Software Products - Accounts Production 16.8.200 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 06553265 Mr Christopher Ireland Mrs Maria Ireland Mrs Maria Ireland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06553265 2024-04-05 06553265 2025-04-05 06553265 2024-04-06 2025-04-05 06553265 frs-core:CurrentFinancialInstruments 2025-04-05 06553265 frs-core:ComputerEquipment 2025-04-05 06553265 frs-core:ComputerEquipment 2024-04-06 2025-04-05 06553265 frs-core:ComputerEquipment 2024-04-05 06553265 frs-core:FurnitureFittings 2025-04-05 06553265 frs-core:FurnitureFittings 2024-04-06 2025-04-05 06553265 frs-core:FurnitureFittings 2024-04-05 06553265 frs-core:NetGoodwill 2025-04-05 06553265 frs-core:NetGoodwill 2024-04-06 2025-04-05 06553265 frs-core:NetGoodwill 2024-04-05 06553265 frs-core:MotorVehicles 2025-04-05 06553265 frs-core:MotorVehicles 2024-04-06 2025-04-05 06553265 frs-core:MotorVehicles 2024-04-05 06553265 frs-core:PlantMachinery 2025-04-05 06553265 frs-core:PlantMachinery 2024-04-06 2025-04-05 06553265 frs-core:PlantMachinery 2024-04-05 06553265 frs-core:ShareCapital 2025-04-05 06553265 frs-core:RetainedEarningsAccumulatedLosses 2025-04-05 06553265 frs-bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 06553265 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 06553265 frs-bus:SmallEntities 2024-04-06 2025-04-05 06553265 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 06553265 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 06553265 frs-bus:Director1 2024-04-06 2025-04-05 06553265 frs-bus:Director2 2024-04-06 2025-04-05 06553265 frs-bus:CompanySecretary1 2024-04-06 2025-04-05 06553265 frs-countries:EnglandWales 2024-04-06 2025-04-05 06553265 2023-04-05 06553265 2024-04-05 06553265 2023-04-06 2024-04-05 06553265 frs-core:CurrentFinancialInstruments 2024-04-05 06553265 frs-core:ShareCapital 2024-04-05 06553265 frs-core:RetainedEarningsAccumulatedLosses 2024-04-05
Registered number: 06553265
A J IRELAND & SON LTD
Unaudited Financial Statements
For The Year Ended 5 April 2025
19 Fountain Street
Leeds
LS27 9AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06553265
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 60,000 60,000
Tangible Assets 5 10,631 11,920
70,631 71,920
CURRENT ASSETS
Stocks 6 9,210 5,532
Debtors 7 146,232 144,923
Cash at bank and in hand 74,014 107,991
229,456 258,446
Creditors: Amounts Falling Due Within One Year 8 (36,357 ) (40,525 )
NET CURRENT ASSETS (LIABILITIES) 193,099 217,921
TOTAL ASSETS LESS CURRENT LIABILITIES 263,730 289,841
NET ASSETS 263,730 289,841
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 263,728 289,839
SHAREHOLDERS' FUNDS 263,730 289,841
Page 1
Page 2
For the year ending 5 April 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 Christopher Ireland
Director
22/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
A J IRELAND & SON LTD is a private company, limited by shares, incorporated in England & Wales, registered number 06553265 . The registered office is C/O George Barker & Co, 19 Fountain Street, Morley, West Yorkshire, LS27 9AE.
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. 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.
2.4. 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 Reducing Balance
Motor Vehicles Reducing Balance
Fixtures & Fittings Reducing Balance
Computer Equipment Reducing Balance
2.5. 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.
2.6. 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.
...CONTINUED
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2.6. Taxation - continued
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: 6 (2024: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 6 April 2024 60,000
As at 5 April 2025 60,000
Net Book Value
As at 5 April 2025 60,000
As at 6 April 2024 60,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 6 April 2024 21,890 56,078 4,476 3,460 85,904
Additions - - - 2,117 2,117
As at 5 April 2025 21,890 56,078 4,476 5,577 88,021
Depreciation
As at 6 April 2024 21,063 46,664 2,972 3,285 73,984
Provided during the period 165 2,260 226 755 3,406
As at 5 April 2025 21,228 48,924 3,198 4,040 77,390
Net Book Value
As at 5 April 2025 662 7,154 1,278 1,537 10,631
As at 6 April 2024 827 9,414 1,504 175 11,920
6. Stocks
2025 2024
£ £
Materials 4,430 3,972
Work in progress 4,780 1,560
9,210 5,532
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 59,799 87,003
Prepayments and accrued income 3,437 2,940
Net wages 321 -
Directors' loan accounts 82,675 54,980
146,232 144,923
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,912 2,146
Bank loans and overdrafts 1,614 3,033
Corporation tax 7,882 16,807
Other taxes and social security 5,246 5,147
VAT 16,903 11,216
Net wages - 376
Accruals and deferred income 1,800 1,800
36,357 40,525
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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