Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 03912425 Mrs Selina Daulby Mr Francis Tickle Mrs Selina Daulby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03912425 2022-12-31 03912425 2023-12-31 03912425 2023-01-01 2023-12-31 03912425 frs-core:CurrentFinancialInstruments 2023-12-31 03912425 frs-core:Non-currentFinancialInstruments 2023-12-31 03912425 frs-core:ComputerEquipment 2023-12-31 03912425 frs-core:ComputerEquipment 2023-01-01 2023-12-31 03912425 frs-core:ComputerEquipment 2022-12-31 03912425 frs-core:FurnitureFittings 2023-12-31 03912425 frs-core:FurnitureFittings 2023-01-01 2023-12-31 03912425 frs-core:FurnitureFittings 2022-12-31 03912425 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 03912425 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 03912425 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 03912425 frs-core:MotorVehicles 2023-12-31 03912425 frs-core:MotorVehicles 2023-01-01 2023-12-31 03912425 frs-core:MotorVehicles 2022-12-31 03912425 frs-core:PlantMachinery 2023-12-31 03912425 frs-core:PlantMachinery 2023-01-01 2023-12-31 03912425 frs-core:PlantMachinery 2022-12-31 03912425 frs-core:WithinOneYear 2023-12-31 03912425 frs-core:OtherReservesSubtotal 2023-12-31 03912425 frs-core:ShareCapital 2023-12-31 03912425 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03912425 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03912425 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 03912425 frs-bus:SmallEntities 2023-01-01 2023-12-31 03912425 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03912425 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03912425 frs-bus:Director1 2023-01-01 2023-12-31 03912425 frs-bus:Director2 2023-01-01 2023-12-31 03912425 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 03912425 1 2023-01-01 2023-12-31 03912425 frs-core:CurrentFinancialInstruments 1 2023-12-31 03912425 frs-core:CurrentFinancialInstruments 2 2023-12-31 03912425 frs-countries:EnglandWales 2023-01-01 2023-12-31 03912425 2021-12-31 03912425 2022-12-31 03912425 2022-01-01 2022-12-31 03912425 frs-core:CurrentFinancialInstruments 2022-12-31 03912425 frs-core:Non-currentFinancialInstruments 2022-12-31 03912425 frs-core:WithinOneYear 2022-12-31 03912425 frs-core:OtherReservesSubtotal 2022-12-31 03912425 frs-core:ShareCapital 2022-12-31 03912425 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 03912425 1 2022-01-01 2022-12-31 03912425 frs-core:CurrentFinancialInstruments 1 2022-12-31 03912425 frs-core:CurrentFinancialInstruments 2 2022-12-31 03912425 frs-core:CurrentFinancialInstruments 5 2022-12-31
Registered number: 03912425
Daulby & Tickle Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
TaxAssist Accountants
55 St John Street
Godalming
Surrey
GU7 3EH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03912425
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 62,924 84,620
62,924 84,620
CURRENT ASSETS
Stocks 5 94,700 55,217
Debtors 6 29,670 8,747
Cash at bank and in hand 30,666 57,576
155,036 121,540
Creditors: Amounts Falling Due Within One Year 7 (146,460 ) (92,704 )
NET CURRENT ASSETS (LIABILITIES) 8,576 28,836
TOTAL ASSETS LESS CURRENT LIABILITIES 71,500 113,456
Creditors: Amounts Falling Due After More Than One Year 8 (54,899 ) (80,531 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,731 ) (16,078 )
NET ASSETS 870 16,847
CAPITAL AND RESERVES
Called up share capital 10 2 2
Other reserves 19,000 19,000
Profit and Loss Account (18,132 ) (2,155 )
SHAREHOLDERS' FUNDS 870 16,847
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Page 2
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 Francis Tickle
Director
27/08/2024
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
Daulby & Tickle Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03912425 . The registered office is Manor Court Forge, Scratchface Lane, Herriard, Hampshire, RG25 2TX.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Leasehold over period of lease
Plant & Machinery 15% & 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on Straight Line Method
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 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.
2.5. 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.
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2.6. 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.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Average number of employees, including directors, during the year was 4 4
4 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2023 31,070 142,445 11,700 53,610
Additions 6,672 - - 7,540
Disposals - (35,419 ) - -
As at 31 December 2023 37,742 107,026 11,700 61,150
Depreciation
As at 1 January 2023 23,552 109,613 5,850 18,048
Provided during the period 7,549 5,975 2,925 10,022
Disposals - (27,120 ) - -
As at 31 December 2023 31,101 88,468 8,775 28,070
Net Book Value
As at 31 December 2023 6,641 18,558 2,925 33,080
As at 1 January 2023 7,518 32,832 5,850 35,562
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Page 5
Computer Equipment Total
£ £
Cost
As at 1 January 2023 6,947 245,772
Additions 1,540 15,752
Disposals - (35,419 )
As at 31 December 2023 8,487 226,105
Depreciation
As at 1 January 2023 4,089 161,152
Provided during the period 2,678 29,149
Disposals - (27,120 )
As at 31 December 2023 6,767 163,181
Net Book Value
As at 31 December 2023 1,720 62,924
As at 1 January 2023 2,858 84,620
5. Stocks
2023 2022
£ £
Materials 37,880 55,217
Work in progress 56,820 -
94,700 55,217
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 18,161 3,081
Prepayments and accrued income 10,160 4,279
Other debtors 962 -
Net wages 387 1,387
29,670 8,747
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 3,478
Trade creditors 68,808 33,991
Bank loans and overdrafts 19,436 18,400
Corporation tax 9,239 9,106
Other taxes and social security 2,102 796
VAT 34,948 19,736
CIS 827 -
Pension Fund 47 47
Credit card 165 234
Other creditors (5) - 136
...CONTINUED
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Accruals and deferred income 3,202 3,058
Directors' loan accounts 7,686 3,722
146,460 92,704
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 39,189 64,821
Other long term loans 15,710 15,710
54,899 80,531
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,478
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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