Acorah Software Products - Accounts Production 15.0.600 false true 21 November 2022 22 November 2021 false 22 November 2022 21 November 2023 21 November 2023 11589485 Mr D Barnes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11589485 2022-11-21 11589485 2023-11-21 11589485 2022-11-22 2023-11-21 11589485 frs-core:CurrentFinancialInstruments 2023-11-21 11589485 frs-core:ComputerEquipment 2022-11-22 2023-11-21 11589485 frs-core:PlantMachinery 2023-11-21 11589485 frs-core:PlantMachinery 2022-11-22 2023-11-21 11589485 frs-core:PlantMachinery 2022-11-21 11589485 frs-core:ShareCapital 2023-11-21 11589485 frs-core:RetainedEarningsAccumulatedLosses 2023-11-21 11589485 frs-bus:PrivateLimitedCompanyLtd 2022-11-22 2023-11-21 11589485 frs-bus:FilletedAccounts 2022-11-22 2023-11-21 11589485 frs-bus:SmallEntities 2022-11-22 2023-11-21 11589485 frs-bus:AuditExempt-NoAccountantsReport 2022-11-22 2023-11-21 11589485 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-22 2023-11-21 11589485 frs-bus:Director1 2022-11-22 2023-11-21 11589485 frs-bus:Director1 2022-11-21 11589485 frs-bus:Director1 2023-11-21 11589485 frs-countries:EnglandWales 2022-11-22 2023-11-21 11589485 2021-11-21 11589485 2022-11-21 11589485 2021-11-22 2022-11-21 11589485 frs-core:CurrentFinancialInstruments 2022-11-21 11589485 frs-core:ShareCapital 2022-11-21 11589485 frs-core:RetainedEarningsAccumulatedLosses 2022-11-21
Registered number: 11589485
Dcg Procurement Services Limited
Unaudited Financial Statements
For The Year Ended 21 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11589485
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,423 169
1,423 169
CURRENT ASSETS
Debtors 5 2,153 524
Cash at bank and in hand 10,929 5,768
13,082 6,292
Creditors: Amounts Falling Due Within One Year 6 (14,151 ) (6,356 )
NET CURRENT ASSETS (LIABILITIES) (1,069 ) (64 )
TOTAL ASSETS LESS CURRENT LIABILITIES 354 105
PROVISIONS FOR LIABILITIES
Deferred Taxation (32 ) (32 )
NET ASSETS 322 73
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 320 71
SHAREHOLDERS' FUNDS 322 73
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For the year ending 21 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 D Barnes
Director
14/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dcg Procurement Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11589485 . The registered office is C/O Smooth Accounting Limited , Building 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3EN.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Computer Equipment 3 Year Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.5. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
2.6. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 22 November 2022 254
Additions 2,007
As at 21 November 2023 2,261
Depreciation
As at 22 November 2022 85
Provided during the period 753
As at 21 November 2023 838
Net Book Value
As at 21 November 2023 1,423
As at 22 November 2022 169
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 2,153 524
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 154 -
Other creditors 42 1,162
Taxation and social security 13,955 5,194
14,151 6,356
7. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 1 1
Called Up Share Capital has been paid up 1 1
Amount of Allotted, Called Up Share Capital 2 2
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 22 November 2022 Amounts advanced Amounts repaid Amounts written off As at 21 November 2023
£ £ £ £ £
Mr Daniel Barnes 439 65,498 (64,088 ) - 1,848
The above loan is unsecured, interest free and repayable on demand.
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