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 6388142 Mr STEVEN HARRINGTON Mr DAVID CONDLIFFE Mrs PREEYA HARRINGTON iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6388142 2023-03-31 6388142 2024-03-31 6388142 2023-04-01 2024-03-31 6388142 frs-core:CurrentFinancialInstruments 2024-03-31 6388142 frs-core:ComputerEquipment 2024-03-31 6388142 frs-core:ComputerEquipment 2023-04-01 2024-03-31 6388142 frs-core:ComputerEquipment 2023-03-31 6388142 frs-core:FurnitureFittings 2024-03-31 6388142 frs-core:FurnitureFittings 2023-04-01 2024-03-31 6388142 frs-core:FurnitureFittings 2023-03-31 6388142 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 6388142 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 6388142 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 6388142 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 6388142 frs-core:MotorVehicles 2024-03-31 6388142 frs-core:MotorVehicles 2023-04-01 2024-03-31 6388142 frs-core:MotorVehicles 2023-03-31 6388142 frs-core:PlantMachinery 2024-03-31 6388142 frs-core:PlantMachinery 2023-04-01 2024-03-31 6388142 frs-core:PlantMachinery 2023-03-31 6388142 frs-core:ShareCapital 2024-03-31 6388142 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 6388142 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 6388142 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 6388142 frs-bus:SmallEntities 2023-04-01 2024-03-31 6388142 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 6388142 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 6388142 frs-bus:Director1 2023-04-01 2024-03-31 6388142 frs-bus:Director2 2023-04-01 2024-03-31 6388142 frs-bus:Director3 2023-04-01 2024-03-31 6388142 frs-countries:EnglandWales 2023-04-01 2024-03-31 6388142 2022-03-31 6388142 2023-03-31 6388142 2022-04-01 2023-03-31 6388142 frs-core:CurrentFinancialInstruments 2023-03-31 6388142 frs-core:ShareCapital 2023-03-31 6388142 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 6388142
DC ELECTRICAL AND BUILDING SERVICES LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
A and K Bailey Accountancy
Granville House
17 Queen Street
Middlewich
Cheshire
CW109AR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 6388142
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,281 20,540
18,281 20,540
CURRENT ASSETS
Stocks 5 500 3,000
Debtors 6 179,453 86,612
Cash at bank and in hand 129,668 162,420
309,621 252,032
Creditors: Amounts Falling Due Within One Year 7 (302,689 ) (270,086 )
NET CURRENT ASSETS (LIABILITIES) 6,932 (18,054 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,213 2,486
NET ASSETS 25,213 2,486
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 25,113 2,386
SHAREHOLDERS' FUNDS 25,213 2,486
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 Profit and Loss Account.
On behalf of the board
Mr DAVID CONDLIFFE
Director
24/09/2024
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
DC ELECTRICAL AND BUILDING SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 6388142 . The registered office is 4 RICHMOND AVENUE, SNEYD GREEN, STOKE ON TRENT, STAFFORDSHIRE, ST1 6DH.
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:
Freehold 0
Leasehold 0
Plant & Machinery 10%
Motor Vehicles 20%
Fixtures & Fittings 20%
Computer Equipment 1/3 ON STRAIGHT LINE BASIS
2.4. 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.
2.5. 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 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
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Page 4
2.5. 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:
2024 2023
Office and administration 4 3
4 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2023 12,922 6,287 10,495 700
Additions - - - 1,789
Disposals - - (3,000 ) -
As at 31 March 2024 12,922 6,287 7,495 2,489
Depreciation
As at 1 April 2023 - 4,713 5,349 660
Provided during the period - 157 571 182
Disposals - - (720 ) -
As at 31 March 2024 - 4,870 5,200 842
Net Book Value
As at 31 March 2024 12,922 1,417 2,295 1,647
As at 1 April 2023 12,922 1,574 5,146 40
Computer Equipment Total
£ £
Cost
As at 1 April 2023 3,557 33,961
Additions - 1,789
Disposals - (3,000 )
As at 31 March 2024 3,557 32,750
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2023 2,699 13,421
Provided during the period 858 1,768
Disposals - (720 )
As at 31 March 2024 3,557 14,469
Net Book Value
As at 31 March 2024 - 18,281
As at 1 April 2023 858 20,540
5. Stocks
2024 2023
£ £
Stock 500 3,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 170,241 78,880
Prepayments and accrued income 8,170 7,732
Other debtors 1,042 -
179,453 86,612
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 33,570 13,596
VAT 30,695 41,802
Net wages 7,438 15,921
Other creditors 36,705 22,607
Accruals and deferred income 3,775 3,610
Directors' loan accounts 190,506 172,550
302,689 270,086
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5