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 5878773 Mrs Deborah Whiteley WHBC Nominee Secretaries Limited Deborah J Whiteley true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5878773 2022-12-31 5878773 2023-12-31 5878773 2023-01-01 2023-12-31 5878773 frs-core:CurrentFinancialInstruments 2023-12-31 5878773 frs-core:Non-currentFinancialInstruments 2023-12-31 5878773 frs-core:FurnitureFittings 2023-12-31 5878773 frs-core:FurnitureFittings 2023-01-01 2023-12-31 5878773 frs-core:FurnitureFittings 2022-12-31 5878773 frs-core:ShareCapital 2023-12-31 5878773 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 5878773 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 5878773 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 5878773 frs-bus:SmallEntities 2023-01-01 2023-12-31 5878773 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 5878773 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 5878773 1 2023-01-01 2023-12-31 5878773 frs-bus:Director1 2023-01-01 2023-12-31 5878773 frs-bus:Director1 2022-12-31 5878773 frs-bus:Director1 2023-12-31 5878773 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 5878773 frs-countries:EnglandWales 2023-01-01 2023-12-31 5878773 2021-12-31 5878773 2022-12-31 5878773 2022-01-01 2022-12-31 5878773 frs-core:CurrentFinancialInstruments 2022-12-31 5878773 frs-core:Non-currentFinancialInstruments 2022-12-31 5878773 frs-core:ShareCapital 2022-12-31 5878773 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 5878773
DJ Coulter & Associates Limited
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 5878773
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 528 1,048
528 1,048
CURRENT ASSETS
Debtors 5 44,153 35,616
Cash at bank and in hand 37,600 69,961
81,753 105,577
Creditors: Amounts Falling Due Within One Year 6 (33,827 ) (36,226 )
NET CURRENT ASSETS (LIABILITIES) 47,926 69,351
TOTAL ASSETS LESS CURRENT LIABILITIES 48,454 70,399
Creditors: Amounts Falling Due After More Than One Year 7 (9,544 ) (16,004 )
NET ASSETS 38,910 54,395
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 37,910 53,395
SHAREHOLDERS' FUNDS 38,910 54,395
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Deborah Whiteley
Director
29th August 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
DJ Coulter & Associates Limited Registered number 5878773 is a limited by shares company incorporated in England & Wales. The Registered Office is Wellesley House, 7 Clarence Parade, Cheltenham, Gloucestershire, GL50 3NY.
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 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:
Fixtures & Fittings 25% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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 years 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.
Current 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 tax is also recognised in other comprehensive income or directly in equity respectively.
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2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.6. 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: 2 (2022: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 5,347
Additions 187
Disposals (3,724 )
As at 31 December 2023 1,810
Depreciation
As at 1 January 2023 4,299
Provided during the period 154
Disposals (3,171 )
As at 31 December 2023 1,282
Net Book Value
As at 31 December 2023 528
As at 1 January 2023 1,048
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 12,467 12,927
Prepayments and accrued income 4,426 4,497
Other debtors 16,902 18,192
Director's loan account 10,358 -
44,153 35,616
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 6,773 2,385
Bank loans and overdrafts 7,505 7,407
Corporation tax 7,292 10,767
Other taxes and social security 968 263
VAT 10,313 10,263
Net wages 108 101
Accruals and deferred income 868 388
Director's loan account - 4,652
33,827 36,226
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 9,544 16,004
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mrs Deborah Whiteley - 10,358 - - 10,358
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2023 2022
£ £
Mrs Deborah Whiteley 46,020 22,700
10. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 46,020 22,700
11. Ultimate Controlling Party
The company's ultimate controlling party is Deborah J Whiteley by virtue of her ownership of 100% of the issued share capital in the company.
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