Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 5988104 Ms Nicola Kendall Mr Mark Kendall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5988104 2022-12-31 5988104 2023-12-31 5988104 2023-01-01 2023-12-31 5988104 frs-core:CurrentFinancialInstruments 2023-12-31 5988104 frs-core:BetweenOneFiveYears 2023-12-31 5988104 frs-core:ComputerEquipment 2023-12-31 5988104 frs-core:ComputerEquipment 2023-01-01 2023-12-31 5988104 frs-core:ComputerEquipment 2022-12-31 5988104 frs-core:NetGoodwill 2023-12-31 5988104 frs-core:NetGoodwill 2023-01-01 2023-12-31 5988104 frs-core:NetGoodwill 2022-12-31 5988104 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 5988104 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 5988104 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 5988104 frs-core:MotorVehicles 2023-12-31 5988104 frs-core:MotorVehicles 2023-01-01 2023-12-31 5988104 frs-core:MotorVehicles 2022-12-31 5988104 frs-core:PlantMachinery 2023-12-31 5988104 frs-core:PlantMachinery 2023-01-01 2023-12-31 5988104 frs-core:PlantMachinery 2022-12-31 5988104 frs-core:ShareCapital 2023-12-31 5988104 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 5988104 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 5988104 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 5988104 frs-bus:SmallEntities 2023-01-01 2023-12-31 5988104 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 5988104 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 5988104 frs-core:DeferredTaxation 2023-01-01 2023-12-31 5988104 frs-core:DeferredTaxation 2022-12-31 5988104 frs-core:DeferredTaxation 2023-12-31 5988104 frs-bus:Director1 2023-01-01 2023-12-31 5988104 frs-bus:Director2 2023-01-01 2023-12-31 5988104 frs-core:CurrentFinancialInstruments 2 2023-12-31 5988104 frs-countries:EnglandWales 2023-01-01 2023-12-31 5988104 2021-12-31 5988104 2022-12-31 5988104 2022-01-01 2022-12-31 5988104 frs-core:CurrentFinancialInstruments 2022-12-31 5988104 frs-core:BetweenOneFiveYears 2022-12-31 5988104 frs-core:ShareCapital 2022-12-31 5988104 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 5988104 frs-core:CurrentFinancialInstruments 2 2022-12-31 5988104 frs-core:CurrentFinancialInstruments 3 2022-12-31 5988104 frs-core:CurrentFinancialInstruments 4 2022-12-31
Registered number: 5988104
Linac NDT Services Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 5988104
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 235,060 85,551
235,060 85,551
CURRENT ASSETS
Stocks 30,178 31,042
Debtors 6 377,153 406,880
Cash at bank and in hand 286,875 314,244
694,206 752,166
Creditors: Amounts Falling Due Within One Year 7 (229,707 ) (287,809 )
NET CURRENT ASSETS (LIABILITIES) 464,499 464,357
TOTAL ASSETS LESS CURRENT LIABILITIES 699,559 549,908
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (50,040 ) (10,747 )
NET ASSETS 649,519 539,161
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 649,419 539,061
SHAREHOLDERS' FUNDS 649,519 539,161
Page 1
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For the year ending 31 December 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 Mark Kendall
Director
13/08/2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Linac NDT Services Ltd Registered number 5988104 is a limited by shares company incorporated in England & Wales. The Registered Office is DEB House, 19 Middlewoods Way, Wharncliffe Business park, Carlton, Barnsley, S71 3HR.
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 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. It has amortised to profit and loss account over its estimated economic life.
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:
Freehold 20% Straight line
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Office Equipment 25% 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
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2022: 19)
19 19
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 90,000
As at 31 December 2023 90,000
Amortisation
As at 1 January 2023 90,000
As at 31 December 2023 90,000
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Office Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 67,741 253,247 80,015 11,817 412,820
Additions - 225,000 - 2,863 227,863
As at 31 December 2023 67,741 478,247 80,015 14,680 640,683
Depreciation
As at 1 January 2023 67,741 223,786 29,945 5,797 327,269
Provided during the period - 63,616 12,517 2,221 78,354
As at 31 December 2023 67,741 287,402 42,462 8,018 405,623
Net Book Value
As at 31 December 2023 - 190,845 37,553 6,662 235,060
As at 1 January 2023 - 29,461 50,070 6,020 85,551
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 365,399 401,436
Prepayments and accrued income 11,754 5,444
377,153 406,880
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 111,754 158,477
Corporation tax 22,101 28,922
PAYE creditor 15,471 17,709
VAT 69,365 62,118
Credit card 2,765 -
Pension creditor - 3,941
Amounts owed to companies under common control - 11,118
Accruals and deferred income 8,251 5,524
229,707 287,809
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 50,040 10,747
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2023 10,747 10,747
Additions 39,293 39,293
Balance at 31 December 2023 50,040 50,040
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Later than one year and not later than five years 5,547 -
5,547 -
12. Directors Advances, Credits and Guarantees
Dividends paid to directors
2023 2022
£ £
Ms Nicola Kendall 60,000 30,000
Mr Mark Kendall 20,000 10,000
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Page 6
13. Related Party Transactions
The company is controlled by Ms. N Kendall & Mr. M A Kendall,  directors and shareholders of the company.
During the year the company was charged £76,750 (2022 - £72,250)  for Rent by Kendall Holdings Limited. At 31st December 2023 the amount outstanding from the company was £6,600 (2022 - £nil)  Ms. N Kendall & Mr. M A Kendall are directors of Kendall Holdings Limited.
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