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 07711201 Mr Philip Gamett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07711201 2022-12-31 07711201 2023-12-31 07711201 2023-01-01 2023-12-31 07711201 frs-core:CurrentFinancialInstruments 2023-12-31 07711201 frs-core:BetweenOneFiveYears 2023-12-31 07711201 frs-core:FurnitureFittings 2023-12-31 07711201 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07711201 frs-core:FurnitureFittings 2022-12-31 07711201 frs-core:WithinOneYear 2023-12-31 07711201 frs-core:ShareCapital 2023-12-31 07711201 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07711201 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07711201 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07711201 frs-bus:SmallEntities 2023-01-01 2023-12-31 07711201 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07711201 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07711201 frs-bus:Director1 2023-01-01 2023-12-31 07711201 frs-countries:EnglandWales 2023-01-01 2023-12-31 07711201 2021-12-31 07711201 2022-12-31 07711201 2022-01-01 2022-12-31 07711201 frs-core:CurrentFinancialInstruments 2022-12-31 07711201 frs-core:BetweenOneFiveYears 2022-12-31 07711201 frs-core:WithinOneYear 2022-12-31 07711201 frs-core:ShareCapital 2022-12-31 07711201 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07711201
Distribution Centre Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07711201
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,811 3,748
2,811 3,748
CURRENT ASSETS
Debtors 5 287,898 203,398
Cash at bank and in hand 240,452 200,141
528,350 403,539
Creditors: Amounts Falling Due Within One Year 6 (77,324 ) (41,711 )
NET CURRENT ASSETS (LIABILITIES) 451,026 361,828
TOTAL ASSETS LESS CURRENT LIABILITIES 453,837 365,576
PROVISIONS FOR LIABILITIES
Deferred Taxation (703 ) (937 )
NET ASSETS 453,134 364,639
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 453,133 364,638
SHAREHOLDERS' FUNDS 453,134 364,639
Page 1
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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 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 Philip Gamett
Director
23 September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Distribution Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07711201 . The registered office is 1 Cardington Gate, Cambridge Road, Bedford, Bedfordshire, MK42 0LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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.
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:
Fixtures & Fittings 25% Reducing balance
2.4. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.5. 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.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 8)
7 8
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 21,909
As at 31 December 2023 21,909
Depreciation
As at 1 January 2023 18,161
Provided during the period 937
As at 31 December 2023 19,098
Net Book Value
As at 31 December 2023 2,811
As at 1 January 2023 3,748
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 212,758 130,825
Prepayments and accrued income 75,140 72,573
287,898 203,398
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,078 21,486
Other taxes and social security 68,203 16,641
Other creditors 1,604 1,909
Accruals and deferred income 3,439 1,675
77,324 41,711
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7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 266,806 266,805
Later than one year and not later than five years 533,611 800,417
800,417 1,067,222
9. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,182 (2022 - £1,487) were due to the fund. They are included in Other Creditors.
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