Acorah Software Products - Accounts Production 14.5.501 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 11756780 Mr Simon Nadin Mrs Sarah Nadin Mr James Burnell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11756780 2022-09-30 11756780 2023-09-30 11756780 2022-10-01 2023-09-30 11756780 frs-core:CurrentFinancialInstruments 2023-09-30 11756780 frs-core:Non-currentFinancialInstruments 2023-09-30 11756780 frs-core:ComputerEquipment 2023-09-30 11756780 frs-core:ComputerEquipment 2022-10-01 2023-09-30 11756780 frs-core:ComputerEquipment 2022-09-30 11756780 frs-core:PlantMachinery 2023-09-30 11756780 frs-core:PlantMachinery 2022-10-01 2023-09-30 11756780 frs-core:PlantMachinery 2022-09-30 11756780 frs-core:WithinOneYear 2023-09-30 11756780 frs-core:ShareCapital 2023-09-30 11756780 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 11756780 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11756780 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 11756780 frs-bus:SmallEntities 2022-10-01 2023-09-30 11756780 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 11756780 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 11756780 frs-bus:Director1 2022-10-01 2023-09-30 11756780 frs-bus:Director2 2022-10-01 2023-09-30 11756780 frs-bus:Director3 2022-10-01 2023-09-30 11756780 frs-countries:EnglandWales 2022-10-01 2023-09-30 11756780 2021-09-30 11756780 2022-09-30 11756780 2021-10-01 2022-09-30 11756780 frs-core:CurrentFinancialInstruments 2022-09-30 11756780 frs-core:Non-currentFinancialInstruments 2022-09-30 11756780 frs-core:BetweenOneFiveYears 2022-09-30 11756780 frs-core:WithinOneYear 2022-09-30 11756780 frs-core:ShareCapital 2022-09-30 11756780 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 11756780
P & D Marine Services Ltd
Financial Statements
For The Year Ended 30 September 2023
Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11756780
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,847 19,565
17,847 19,565
CURRENT ASSETS
Stocks 5 39,037 8,554
Debtors 6 241,432 271,627
Cash at bank and in hand 37,819 11,621
318,288 291,802
Creditors: Amounts Falling Due Within One Year 7 (228,140 ) (170,307 )
NET CURRENT ASSETS (LIABILITIES) 90,148 121,495
TOTAL ASSETS LESS CURRENT LIABILITIES 107,995 141,060
Creditors: Amounts Falling Due After More Than One Year 8 (33,751 ) (53,666 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,391 ) (3,717 )
NET ASSETS 70,853 83,677
CAPITAL AND RESERVES
Called up share capital 10 100 100
Income Statement 70,753 83,577
SHAREHOLDERS' FUNDS 70,853 83,677
Page 1
Page 2
For the year ending 30 September 2023 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 Income Statement.
On behalf of the board
Mr Simon Nadin
Director
04/04/2024
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
P & D Marine Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11756780 . The registered office is Unit 1 Anderstaff Industrial Estate, Hawkins Lane, Burton-On-Trent, DE14 1QH.
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 25 % reducing balance
Computer Equipment 33% 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 income statement 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 income statement as incurred.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. 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 year 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.

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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 4)
3 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2022 32,323 2,627 34,950
Additions 4,415 194 4,609
Disposals - 514 514
As at 30 September 2023 36,738 3,335 40,073
Depreciation
As at 1 October 2022 14,239 1,146 15,385
Provided during the period 5,625 486 6,111
Disposals - 730 730
As at 30 September 2023 19,864 2,362 22,226
Net Book Value
As at 30 September 2023 16,874 973 17,847
As at 1 October 2022 18,084 1,481 19,565
5. Stocks
2023 2022
£ £
Stock 39,037 8,554
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 188,982 121,911
Other debtors 52,450 149,716
241,432 271,627
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 8,577 9,357
Trade creditors 40,294 112,589
Other creditors 137,779 12,412
Taxation and social security 41,490 35,949
228,140 170,307
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8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 8,577
Other creditors 33,751 45,089
33,751 53,666
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,577 9,357
Later than one year and not later than five years - 8,577
8,577 17,934
8,577 17,934
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
Included within other debtors is an amount of £38,476 due from P & D Marine Group Ltd, a company in which the directors Mr S Nadin and Mrs S Nadin have an interest.
Included within creditors is an amount of £14,200 owed to Pontoon & Dock company Ltd, a company in which the directors Mr S Nadin and Mrs S Nadin have an interest.
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