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Registered number: 10513174
ANGLESEY LIFESTYLE HOMES LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Colin French Accountancy Services
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr Keith Roberts
Mr Michael Sneath
Miss Jacqueline Roberts
Company Number 10513174
Registered Office Holland View
Pentre Berw
Gaerwen
Anglesey
LL60 6LG
Business Holland View
Pentre Berw
Gaerwen
Anglesey
LL60 6LG
Accountants Colin French Accountancy Services
FMAAT ATT IIT(dip)
Castle Bank
Red Wharf Bay
Pentraeth
Anglesey
LL75 8RJ
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Balance Sheet
Registered number: 10513174
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 50,335 59,118
50,335 59,118
CURRENT ASSETS
Stocks 5 1,898,669 1,205,040
Debtors 6 27,308 40,479
Cash at bank and in hand 129,655 305,989
2,055,632 1,551,508
Creditors: Amounts Falling Due Within One Year 7 (532,564 ) (534,410 )
NET CURRENT ASSETS (LIABILITIES) 1,523,068 1,017,098
TOTAL ASSETS LESS CURRENT LIABILITIES 1,573,403 1,076,216
Creditors: Amounts Falling Due After More Than One Year 8 (1,430,753 ) (842,392 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,564 ) (11,233 )
NET ASSETS 133,086 222,591
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 132,986 222,491
SHAREHOLDERS' FUNDS 133,086 222,591
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For the year ending 31 December 2024 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
Miss Jacqueline Roberts
Director
28/12/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
ANGLESEY LIFESTYLE HOMES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10513174 . The registered office is Holland View, Pentre Berw, Gaerwen, Anglesey, LL60 6LG.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
2.4. 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.
2.5. 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
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 99,098 673 2,345 102,116
Additions 250 - - 250
As at 31 December 2024 99,348 673 2,345 102,366
Depreciation
As at 1 January 2024 41,715 301 982 42,998
Provided during the period 8,636 56 341 9,033
As at 31 December 2024 50,351 357 1,323 52,031
Net Book Value
As at 31 December 2024 48,997 316 1,022 50,335
As at 1 January 2024 57,383 372 1,363 59,118
5. Stocks
2024 2023
£ £
Work in progress 1,898,669 1,205,040
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,376 1,352
Intercompany debtor - 6,444
VAT 15,932 22,683
17,308 30,479
Due after more than one year
Other debtors 10,000 10,000
27,308 40,479
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 58,212 75,281
Corporation tax - 19,066
Other taxes and social security 2,624 679
Accruals and deferred income - 4,201
Directors' loan accounts 471,728 435,183
532,564 534,410
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 1,430,753 842,392
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Keith Roberts (217,591 ) - - - (217,591 )
Mr Michael Sneath (217,591 ) - - - (217,591 )
Miss Jacqueline Roberts (102,298 ) - 65,754 - (36,544 )
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
Dillion Developments LimitedInter company loanDuring the year the company wrote off a balance of £6,444 due from a company under common control. The balance arose from costs paid on behalf of the related company during a historic transition of development activities. The related company subsequently ceased trading, distributed its remaining funds to shareholders and is in the process of being struck off. As a result, no recovery of the balance is expected. The write-off has been included within administrative expenses and no corporation tax relief has been claimed.

Dillion Developments Limited

Inter company loan

During the year the company wrote off a balance of £6,444 due from a company under common control. The balance arose from costs paid on behalf of the related company during a historic transition of development activities. The related company subsequently ceased trading, distributed its remaining funds to shareholders and is in the process of being struck off. As a result, no recovery of the balance is expected. The write-off has been included within administrative expenses and no corporation tax relief has been claimed.

Jacqueline RobertsDirectorDirector remuneration £24,814.10

Jacqueline Roberts

Director

Director remuneration £24,814.10

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