Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 03972622 Mr Alexander Dickinson Mrs Gemma Tinker Mr Thomas Dickinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03972622 2022-10-31 03972622 2023-10-31 03972622 2022-11-01 2023-10-31 03972622 frs-core:CurrentFinancialInstruments 2023-10-31 03972622 frs-core:Non-currentFinancialInstruments 2023-10-31 03972622 frs-core:FurnitureFittings 2023-10-31 03972622 frs-core:FurnitureFittings 2022-11-01 2023-10-31 03972622 frs-core:FurnitureFittings 2022-10-31 03972622 frs-core:NetGoodwill 2023-10-31 03972622 frs-core:NetGoodwill 2022-11-01 2023-10-31 03972622 frs-core:NetGoodwill 2022-10-31 03972622 frs-core:MotorVehicles 2023-10-31 03972622 frs-core:MotorVehicles 2022-11-01 2023-10-31 03972622 frs-core:MotorVehicles 2022-10-31 03972622 frs-core:PlantMachinery 2023-10-31 03972622 frs-core:PlantMachinery 2022-11-01 2023-10-31 03972622 frs-core:PlantMachinery 2022-10-31 03972622 frs-core:ShareCapital 2023-10-31 03972622 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 03972622 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 03972622 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 03972622 frs-bus:SmallEntities 2022-11-01 2023-10-31 03972622 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 03972622 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 03972622 frs-bus:Director1 2022-11-01 2023-10-31 03972622 frs-bus:Director2 2022-11-01 2023-10-31 03972622 frs-bus:Director3 2022-11-01 2023-10-31 03972622 frs-countries:EnglandWales 2022-11-01 2023-10-31 03972622 2021-10-31 03972622 2022-10-31 03972622 2021-11-01 2022-10-31 03972622 frs-core:CurrentFinancialInstruments 2022-10-31 03972622 frs-core:Non-currentFinancialInstruments 2022-10-31 03972622 frs-core:ShareCapital 2022-10-31 03972622 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 03972622
Office Supplies for Industry Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
C W Dix Limited
Accountants & Business Advisors
4b Silkwood Court
Wakefield
West Yorkshire
WF5 9TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03972622
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 250,000 250,000
Tangible Assets 5 124,243 69,141
374,243 319,141
CURRENT ASSETS
Stocks 6 7,500 6,000
Debtors 7 1,496,204 1,578,861
Cash at bank and in hand 206,339 434,730
1,710,043 2,019,591
Creditors: Amounts Falling Due Within One Year 8 (393,668 ) (826,783 )
NET CURRENT ASSETS (LIABILITIES) 1,316,375 1,192,808
TOTAL ASSETS LESS CURRENT LIABILITIES 1,690,618 1,511,949
Creditors: Amounts Falling Due After More Than One Year 9 (16,834 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (23,612 ) (1,001 )
NET ASSETS 1,650,172 1,510,948
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 1,650,170 1,510,946
SHAREHOLDERS' FUNDS 1,650,172 1,510,948
Page 1
Page 2
For the year ending 31 October 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 Profit and Loss Account.
On behalf of the board
Mr Thomas Dickinson
Director
30/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Office Supplies for Industry Limited Registered number 03972622 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit B Zenith Park, Whaley Road, Barnsley, South Yorkshire, S75 1HT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost basis and in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% per annum reducing balance
Motor Vehicles 25% per annum reducing balance
Fixtures & Fittings 15% per annum reducing balance
2.5. 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 profit and loss account as incurred.
2.6. 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.
2.7. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2022: 14)
14 14
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2022 250,000
As at 31 October 2023 250,000
Net Book Value
As at 31 October 2023 250,000
As at 1 November 2022 250,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2022 57,110 367,012 31,353 455,475
Additions - 90,235 7,198 97,433
Disposals - (17,000 ) - (17,000 )
As at 31 October 2023 57,110 440,247 38,551 535,908
Depreciation
As at 1 November 2022 51,157 310,072 25,105 386,334
Provided during the period 893 35,918 2,020 38,831
Disposals - (13,500 ) - (13,500 )
As at 31 October 2023 52,050 332,490 27,125 411,665
Net Book Value
As at 31 October 2023 5,060 107,757 11,426 124,243
As at 1 November 2022 5,953 56,940 6,248 69,141
6. Stocks
2023 2022
£ £
Finished goods 7,500 6,000
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 526,298 673,861
Other debtors 12,306 45,000
Amounts owed by group undertakings 957,600 860,000
1,496,204 1,578,861
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 1,676 -
Trade creditors 287,082 342,988
Bank loans and overdrafts - 112,457
Corporation tax 31,874 47,207
VAT 68,736 64,152
Other creditors - 202,044
Accruals and deferred income 4,300 57,935
393,668 826,783
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 16,834 -
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 23,612 1,001
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 5