Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 02854922 Mrs Carolyn Bovino Mr Vito Bovino iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02854922 2022-12-31 02854922 2023-12-31 02854922 2023-01-01 2023-12-31 02854922 frs-core:CurrentFinancialInstruments 2023-12-31 02854922 frs-core:Non-currentFinancialInstruments 2023-12-31 02854922 frs-core:BetweenOneFiveYears 2023-12-31 02854922 frs-core:MotorVehicles 2023-12-31 02854922 frs-core:MotorVehicles 2023-01-01 2023-12-31 02854922 frs-core:MotorVehicles 2022-12-31 02854922 frs-core:PlantMachinery 2023-12-31 02854922 frs-core:PlantMachinery 2023-01-01 2023-12-31 02854922 frs-core:PlantMachinery 2022-12-31 02854922 frs-core:WithinOneYear 2023-12-31 02854922 frs-core:ShareCapital 2023-12-31 02854922 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 02854922 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02854922 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 02854922 frs-bus:SmallEntities 2023-01-01 2023-12-31 02854922 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02854922 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02854922 frs-bus:Director1 2023-01-01 2023-12-31 02854922 frs-bus:Director2 2023-01-01 2023-12-31 02854922 frs-countries:EnglandWales 2023-01-01 2023-12-31 02854922 2021-12-31 02854922 2022-12-31 02854922 2022-01-01 2022-12-31 02854922 frs-core:CurrentFinancialInstruments 2022-12-31 02854922 frs-core:Non-currentFinancialInstruments 2022-12-31 02854922 frs-core:BetweenOneFiveYears 2022-12-31 02854922 frs-core:MotorVehicles 2022-01-01 2022-12-31 02854922 frs-core:PlantMachinery 2022-01-01 2022-12-31 02854922 frs-core:WithinOneYear 2022-12-31 02854922 frs-core:ShareCapital 2022-12-31 02854922 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 02854922
Dene-Tech Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Yates & Co (Accountants) Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02854922
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 124,629 61,022
124,629 61,022
CURRENT ASSETS
Debtors 5 254,462 354,648
Cash at bank and in hand 143,416 69,163
397,878 423,811
Creditors: Amounts Falling Due Within One Year 6 (302,061 ) (279,479 )
NET CURRENT ASSETS (LIABILITIES) 95,817 144,332
TOTAL ASSETS LESS CURRENT LIABILITIES 220,446 205,354
Creditors: Amounts Falling Due After More Than One Year 7 (163,915 ) (164,387 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,473 ) (2,593 )
NET ASSETS 41,058 38,374
CAPITAL AND RESERVES
Called up share capital 10 110 110
Profit and Loss Account 40,948 38,264
SHAREHOLDERS' FUNDS 41,058 38,374
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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 Vito Bovino
Director
03/10/2024
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
Dene-Tech Services Limited Registered number 02854922 is a limited by shares company incorporated in England & Wales. The Registered Office is 7 St Georges Yard, Castle Street, Farnham, Surrey, GU9 7LW.
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 comprises the value of services supplied by the company, net of Value Added Tax made during the year.
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:
Plant & Machinery 25% on cost
Motor Vehicles 25% on cost
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 profit and loss account 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 profit and loss account 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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 6 6
Manufacturing 12 13
18 19
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2023 164,939 215,294 380,233
Additions 8,988 90,023 99,011
As at 31 December 2023 173,927 305,317 479,244
Depreciation
As at 1 January 2023 139,754 179,457 319,211
Provided during the period 10,657 24,747 35,404
As at 31 December 2023 150,411 204,204 354,615
Net Book Value
As at 31 December 2023 23,516 101,113 124,629
As at 1 January 2023 25,185 35,837 61,022
Included above are assets held under finance leases and hire purchase agreements with a net book value as follows:
2023 2022
£ £
Plant & Machinery 7,185 9,967
Motor Vehicles 101,112 35,836
108,297 45,803
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 248,896 351,859
Other debtors 5,566 2,789
254,462 354,648
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 32,314 15,759
Trade creditors 34,855 17,332
Bank loans and overdrafts 50,000 50,000
Other creditors 81,812 66,048
Taxation and social security 103,080 130,340
302,061 279,479
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 76,415 26,887
Bank loans 87,500 137,500
163,915 164,387
8. Secured Creditors
Of the creditors the following amounts are secured.
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 108,729 42,646
Bank loans and overdrafts 137,500 187,500
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 32,314 15,759
Later than one year and not later than five years 76,415 26,887
108,729 42,646
108,729 42,646
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 110 110
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