IRIS Accounts Production v23.3.1.45 SC103713 Board of Directors Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1037132022-06-30SC1037132023-06-30SC1037132022-07-012023-06-30SC1037132021-06-30SC1037132021-07-012022-06-30SC1037132022-06-30SC103713ns10:Originalns15:Scotland2022-07-012023-06-30SC103713ns14:PoundSterlingns10:Original2022-07-012023-06-30SC103713ns10:Originalns10:Director12022-07-012023-06-30SC103713ns10:Original2022-07-012023-06-30SC103713ns10:Originalns10:Director22022-07-012023-06-30SC103713ns10:Original2023-06-30SC103713ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-30SC103713ns10:Originalns10:SmallEntities2022-07-012023-06-30SC103713ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-30SC103713ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-30SC103713ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-30SC103713ns10:Originalns10:FullAccounts2022-07-012023-06-30SC103713ns10:Originalns10:RegisteredOffice2022-07-012023-06-30SC103713ns10:Original2022-06-30SC103713ns10:Originalns5:CurrentFinancialInstruments2023-06-30SC103713ns10:Originalns5:CurrentFinancialInstruments2022-06-30SC103713ns5:ShareCapitalns10:Original2023-06-30SC103713ns5:ShareCapitalns10:Original2022-06-30SC103713ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-30SC103713ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-30SC103713ns10:Originalns5:PlantMachinery2022-07-012023-06-30SC103713ns10:Original2021-07-012022-06-30SC103713ns10:Originalns5:PlantMachinery2022-06-30SC103713ns10:Originalns5:PlantMachinery2023-06-30SC103713ns10:Originalns5:PlantMachinery2022-06-30SC103713ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30SC103713ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30SC103713ns10:Originalns5:WithinOneYear2023-06-30SC103713ns10:Originalns5:WithinOneYear2022-06-30SC103713ns5:BetweenOneFiveYearsns10:Original2023-06-30SC103713ns5:BetweenOneFiveYearsns10:Original2022-06-30SC103713ns10:Originalns5:AllPeriods2023-06-30SC103713ns10:Originalns5:AllPeriods2022-06-30SC103713ns10:Originalns5:DeferredTaxation2022-06-30SC103713ns10:Originalns5:DeferredTaxation2022-07-012023-06-30SC103713ns10:Originalns5:DeferredTaxation2023-06-30
REGISTERED NUMBER: SC103713 (Scotland)
















Unaudited Financial Statements for the Year Ended 30 June 2023

for

ACI Integrated Solutions Limited

ACI Integrated Solutions Limited (Registered number: SC103713)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACI Integrated Solutions Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: A A Davidson
G R Miller



REGISTERED OFFICE: Unit W8
141 Charles Street
Glasgow
G21 2QA



REGISTERED NUMBER: SC103713 (Scotland)



ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF



SOLICITORS: Clark Boyle & Co.
33A Gordon Street
Glasgow
G1 3PF

ACI Integrated Solutions Limited (Registered number: SC103713)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 13,085 29,160

CURRENT ASSETS
Stocks 307,970 325,434
Debtors 5 2,709,409 2,932,617
Cash at bank 255,990 22,648
3,273,369 3,280,699
CREDITORS
Amounts falling due within one year 6 (2,102,250 ) (2,097,396 )
NET CURRENT ASSETS 1,171,119 1,183,303
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,184,204

1,212,463

PROVISIONS FOR LIABILITIES 8 (2,500 ) (5,500 )
NET ASSETS 1,181,704 1,206,963

CAPITAL AND RESERVES
Called up share capital 90,200 90,200
Retained earnings 1,091,504 1,116,763
SHAREHOLDERS' FUNDS 1,181,704 1,206,963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ACI Integrated Solutions Limited (Registered number: SC103713)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 February 2024 and were signed on its behalf by:




A A Davidson - Director



G R Miller - Director


ACI Integrated Solutions Limited (Registered number: SC103713)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

ACI Integrated Solutions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 15% on cost and 10% on cost

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

Government grants
Grants of a revenue nature are credited to the profit and loss account in the period in which the expenditure is incurred.

Stocks
Stocks and work in progress are valued at the lower of cost and estimated net realisable value. Cost comprises the actual cost of raw materials and an appropriate proportion of labour and direct overheads in the case of work in progress.

The net realisable value of long-term contracts has been arrived at having regard to estimated costs to completion. A prudent level of profit attributable to the contract activity is taken if the final outcome of such contracts can be easily assessed. On all contracts, full provision is made for any losses in the year in which they are foreseen.

Financial instruments
Debtors
Trade debtors and other debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence the asset is impaired.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at bank and in hand.

Creditors
Trade creditors and other creditors are recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due.


ACI Integrated Solutions Limited (Registered number: SC103713)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Income recognition
Income is credited to the profit and loss account on an earnings basis spread over the period of the contract.

Hire purchase and leasing commitments
Tangible fixed assets acquired under finance leases and hire purchase contracts are capitalised at the estimated fair value at the date of inception of each lease or contract. The total finance charges are allocated over the period of the lease in such a way as to give a reasonably constant charge on the outstanding liability. Rentals paid under operating leases are charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 70 (2022 - 84 ) .

ACI Integrated Solutions Limited (Registered number: SC103713)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 119,670
Disposals (30,364 )
At 30 June 2023 89,306
DEPRECIATION
At 1 July 2022 90,510
Charge for year 16,075
Eliminated on disposal (30,364 )
At 30 June 2023 76,221
NET BOOK VALUE
At 30 June 2023 13,085
At 30 June 2022 29,160

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 1,961,990 2,148,451
Other debtors 747,419 784,166
2,709,409 2,932,617

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Payments on account 694,116 715,600
Trade creditors 1,016,310 1,072,199
Taxation and social security 145,566 145,314
Other creditors 246,258 164,283
2,102,250 2,097,396

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.23 30.6.22
£    £   
Within one year 25,020 6,250
Between one and five years 87,570 -
112,590 6,250

ACI Integrated Solutions Limited (Registered number: SC103713)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. PROVISIONS FOR LIABILITIES
30.6.23 30.6.22
£    £   
Deferred tax 2,500 5,500

Deferred
tax
£   
Balance at 1 July 2022 5,500
Credit to Income Statement during year (3,000 )
Balance at 30 June 2023 2,500

9. ULTIMATE PARENT COMPANY

The company's ultimate parent company is ACI Holdings Limited.