Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC587005 Mr Donald Richardson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC587005 2023-01-31 SC587005 2024-01-31 SC587005 2023-02-01 2024-01-31 SC587005 frs-core:CurrentFinancialInstruments 2024-01-31 SC587005 frs-core:Non-currentFinancialInstruments 2024-01-31 SC587005 frs-core:BetweenOneFiveYears 2024-01-31 SC587005 frs-core:MotorVehicles 2024-01-31 SC587005 frs-core:MotorVehicles 2023-02-01 2024-01-31 SC587005 frs-core:MotorVehicles 2023-01-31 SC587005 frs-core:PlantMachinery 2024-01-31 SC587005 frs-core:PlantMachinery 2023-02-01 2024-01-31 SC587005 frs-core:PlantMachinery 2023-01-31 SC587005 frs-core:WithinOneYear 2024-01-31 SC587005 frs-core:ShareCapital 2024-01-31 SC587005 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC587005 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC587005 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC587005 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC587005 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC587005 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC587005 frs-bus:Director1 2023-02-01 2024-01-31 SC587005 frs-bus:Director1 2023-01-31 SC587005 frs-bus:Director1 2024-01-31 SC587005 frs-countries:Scotland 2023-02-01 2024-01-31 SC587005 2022-01-31 SC587005 2023-01-31 SC587005 2022-02-01 2023-01-31 SC587005 frs-core:CurrentFinancialInstruments 2023-01-31 SC587005 frs-core:Non-currentFinancialInstruments 2023-01-31 SC587005 frs-core:BetweenOneFiveYears 2023-01-31 SC587005 frs-core:WithinOneYear 2023-01-31 SC587005 frs-core:ShareCapital 2023-01-31 SC587005 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC587005
Dwr Distribution Services Limited
Financial Statements
For The Year Ended 31 January 2024
Donoghue & Co. Ltd
19a Wellside Place
Falkirk
FK1 5RL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC587005
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 98,317 88,397
98,317 88,397
CURRENT ASSETS
Debtors 5 64,600 77,725
Cash at bank and in hand 3,524 14,735
68,124 92,460
Creditors: Amounts Falling Due Within One Year 6 (153,860 ) (89,276 )
NET CURRENT ASSETS (LIABILITIES) (85,736 ) 3,184
TOTAL ASSETS LESS CURRENT LIABILITIES 12,581 91,581
Creditors: Amounts Falling Due After More Than One Year 7 (61,998 ) (57,635 )
NET (LIABILITIES)/ASSETS (49,417 ) 33,946
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (49,418 ) 33,945
SHAREHOLDERS' FUNDS (49,417) 33,946
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Page 2
For the year ending 31 January 2024 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 his 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 Donald Richardson
Director
14th October 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
Dwr Distribution Services Limited is a private company, limited by shares, incorporated in Scotland, registered number SC587005 . The registered office is 10 Hawthorn Drive, Banknock, Bonnybridge, FK4 1LF.
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:
Plant & Machinery 20% Reducing balance
Motor Vehicles 20% Reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2023 21,205 111,445 132,650
Additions - 34,500 34,500
As at 31 January 2024 21,205 145,945 167,150
...CONTINUED
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Depreciation
As at 1 February 2023 6,618 37,635 44,253
Provided during the period 2,918 21,662 24,580
As at 31 January 2024 9,536 59,297 68,833
Net Book Value
As at 31 January 2024 11,669 86,648 98,317
As at 1 February 2023 14,587 73,810 88,397
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 52,494 67,125
Other debtors 10,600 10,600
Director's loan account 1,506 -
64,600 77,725
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 26,054 21,519
Trade creditors 28,374 16,470
Bank loans and overdrafts 25,595 10,800
Other taxes and social security 3,832 5,122
VAT 2,161 7,491
Other creditors 66,444 25,744
Accruals and deferred income 1,400 1,400
Director's loan account - 730
153,860 89,276
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 38,184 30,708
Bank loans 23,814 26,927
61,998 57,635
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 26,054 21,519
Later than one year and not later than five years 38,184 30,708
64,238 52,227
64,238 52,227
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Donald Richardson - 1,505 - - -
The above loan is unsecured, interest free and repayable on demand.
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