Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 NI046957 Mr Colin Burnside Mr Derek Burnside Mr Colin Burnside iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI046957 2023-03-31 NI046957 2024-03-31 NI046957 2023-04-01 2024-03-31 NI046957 frs-core:ComputerEquipment 2023-04-01 2024-03-31 NI046957 frs-core:NetGoodwill 2023-04-01 2024-03-31 NI046957 frs-core:MotorVehicles 2023-04-01 2024-03-31 NI046957 frs-core:PlantMachinery 2023-04-01 2024-03-31 NI046957 frs-core:ShareCapital 2024-03-31 NI046957 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI046957 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI046957 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 NI046957 frs-bus:SmallEntities 2023-04-01 2024-03-31 NI046957 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI046957 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI046957 frs-bus:Director1 2023-04-01 2024-03-31 NI046957 frs-bus:Director2 2023-04-01 2024-03-31 NI046957 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 NI046957 frs-countries:NorthernIreland 2023-04-01 2024-03-31 NI046957 2022-03-31 NI046957 2023-03-31 NI046957 2022-04-01 2023-03-31 NI046957 frs-core:ShareCapital 2023-03-31 NI046957 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: NI046957
Derek Burnside Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
J.A.McNicholl & Company Ltd
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: NI046957
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 8,000
Tangible Assets 5 59,856 55,741
59,856 63,741
CURRENT ASSETS
Stocks 23,318 7,203
Debtors 52,575 75,414
Cash at bank and in hand 21,421 4,959
97,314 87,576
Creditors: Amounts Falling Due Within One Year (171,929 ) (164,437 )
NET CURRENT ASSETS (LIABILITIES) (74,615 ) (76,861 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,759 ) (13,120 )
NET LIABILITIES (14,759 ) (13,120 )
CAPITAL AND RESERVES
Called up share capital 6 6,000 6,000
Income Statement (20,759 ) (19,120 )
SHAREHOLDERS' FUNDS (14,759) (13,120)
Page 1
Page 2
For the year ending 31 March 2024 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.
All of the company's members have consented to the preparation of an Abridged Statement of Financial Position for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Derek Burnside
Director
21/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Derek Burnside Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI046957 . The registered office is Omco Industrial Estate, Woodside Road, Ballymena, Co Antrim, BT42 4QT.
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. 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 is amortised to income statement over its estimated economic life of ten years.
2.4. 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 20%
Motor Vehicles 20%
Computer Equipment 20%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 10)
11 10
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4. Intangible Assets
Total
£
Cost
As at 1 April 2023 80,000
As at 31 March 2024 80,000
Amortisation
As at 1 April 2023 72,000
Provided during the period 8,000
As at 31 March 2024 80,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 8,000
5. Tangible Assets
Total
£
Cost
As at 1 April 2023 145,279
Additions 22,900
Disposals (9,330 )
As at 31 March 2024 158,849
Depreciation
As at 1 April 2023 89,538
Provided during the period 14,963
Disposals (5,508 )
As at 31 March 2024 98,993
Net Book Value
As at 31 March 2024 59,856
As at 1 April 2023 55,741
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6,000 6,000
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