Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09896315 Mr R Mears Mr D Mills Mrs K Mills Mrs S Mears iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09896315 2022-12-31 09896315 2023-12-31 09896315 2023-01-01 2023-12-31 09896315 frs-core:CurrentFinancialInstruments 2023-12-31 09896315 frs-core:Non-currentFinancialInstruments 2023-12-31 09896315 frs-core:BetweenOneFiveYears 2023-12-31 09896315 frs-core:ComputerEquipment 2023-12-31 09896315 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09896315 frs-core:ComputerEquipment 2022-12-31 09896315 frs-core:MotorVehicles 2023-12-31 09896315 frs-core:MotorVehicles 2023-01-01 2023-12-31 09896315 frs-core:MotorVehicles 2022-12-31 09896315 frs-core:PlantMachinery 2023-12-31 09896315 frs-core:PlantMachinery 2023-01-01 2023-12-31 09896315 frs-core:PlantMachinery 2022-12-31 09896315 frs-core:WithinOneYear 2023-12-31 09896315 frs-core:ShareCapital 2023-12-31 09896315 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09896315 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09896315 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09896315 frs-bus:SmallEntities 2023-01-01 2023-12-31 09896315 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09896315 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09896315 frs-bus:Director1 2023-01-01 2023-12-31 09896315 frs-bus:Director2 2023-01-01 2023-12-31 09896315 frs-bus:Director3 2023-01-01 2023-12-31 09896315 frs-bus:Director4 2023-01-01 2023-12-31 09896315 frs-countries:EnglandWales 2023-01-01 2023-12-31 09896315 2021-12-31 09896315 2022-12-31 09896315 2022-01-01 2022-12-31 09896315 frs-core:CurrentFinancialInstruments 2022-12-31 09896315 frs-core:Non-currentFinancialInstruments 2022-12-31 09896315 frs-core:BetweenOneFiveYears 2022-12-31 09896315 frs-core:WithinOneYear 2022-12-31 09896315 frs-core:ShareCapital 2022-12-31 09896315 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09896315
DRM Brickwork Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
GMH Accountants Limited
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09896315
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,091 33,526
33,091 33,526
CURRENT ASSETS
Stocks 5 - 50,000
Debtors 6 163,500 206,277
Cash at bank and in hand 76,416 155,790
239,916 412,067
Creditors: Amounts Falling Due Within One Year 7 (166,057 ) (245,190 )
NET CURRENT ASSETS (LIABILITIES) 73,859 166,877
TOTAL ASSETS LESS CURRENT LIABILITIES 106,950 200,403
Creditors: Amounts Falling Due After More Than One Year 8 (26,785 ) (41,129 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,769 ) (6,370 )
NET ASSETS 71,396 152,904
CAPITAL AND RESERVES
Called up share capital 10 10 10
Income Statement 71,386 152,894
SHAREHOLDERS' FUNDS 71,396 152,904
Page 1
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 Income Statement.
On behalf of the board
Mr R Mears
Director
Mr D Mills
Director
Mrs K Mills
Director
Mrs S Mears
Director
29/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DRM Brickwork Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09896315 . The registered office is 18 South Rise, Skidby, Cottingham, North Humberside, HU16 5UH.
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.
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:
Plant & Machinery 33% - Straight Line
Motor Vehicles 20% - Reducing Balance
Computer Equipment 33% - Straight Line
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 income statement 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 income statement 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.
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 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.
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.
...CONTINUED
Page 3
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2.6. Taxation - continued
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 assets reflect 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: 6 (2022: 7)
6 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 4,949 65,746 2,661 73,356
Additions 1,150 - 6,249 7,399
As at 31 December 2023 6,099 65,746 8,910 80,755
Depreciation
As at 1 January 2023 4,830 32,339 2,661 39,830
Provided during the period 466 6,681 687 7,834
As at 31 December 2023 5,296 39,020 3,348 47,664
Net Book Value
As at 31 December 2023 803 26,726 5,562 33,091
As at 1 January 2023 119 33,407 - 33,526
5. Stocks
2023 2022
£ £
Work in progress - 50,000
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 10,936 5,651
Other debtors 7,023 12,933
17,959 18,584
Due after more than one year
Other debtors 145,541 187,693
163,500 206,277
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 21,258 23,866
Trade creditors 4,098 41,045
Bank loans and overdrafts 9,998 9,998
Other creditors 58,693 122,307
Taxation and social security 72,010 47,974
166,057 245,190
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 12,616 16,960
Bank loans 14,169 24,169
26,785 41,129
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 21,258 23,866
Later than one year and not later than five years 12,616 16,960
33,874 40,826
33,874 40,826
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
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