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Company Registration No. 2102349 (England and Wales)
Anchor Door Systems Limited Unaudited accounts for the year ended 30 June 2024
Anchor Door Systems Limited Unaudited accounts Contents
Page
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Anchor Door Systems Limited Company Information for the year ended 30 June 2024
Directors
Vernon Taylor Penny Taylor
Company Number
2102349 (England and Wales)
Registered Office
Anchor House 4 Durham Street Vauxhall London SE11 5JA
Accountants
DCA Accountants Limited Anchor House 4 Durham Street London SE11 5JA
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Anchor Door Systems Limited Accountants' report
Accountants' report to the board of directors of Anchor Door Systems Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Anchor Door Systems Limited for the year ended 30 June 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Anchor Door Systems Limited, as a body, in accordance with the terms of our engagement letter dated 27 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Anchor Door Systems Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anchor Door Systems Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Anchor Door Systems Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Anchor Door Systems Limited. You consider that Anchor Door Systems Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Anchor Door Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DCA Accountants Limited Anchor House 4 Durham Street London SE11 5JA 1 December 2024
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Anchor Door Systems Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
144,598 
101,938 
Current assets
Inventories
17,772 
17,772 
Debtors
640,720 
930,586 
Cash at bank and in hand
702,175 
433,224 
1,360,667 
1,381,582 
Creditors: amounts falling due within one year
(494,904)
(451,747)
Net current assets
865,763 
929,835 
Total assets less current liabilities
1,010,361 
1,031,773 
Creditors: amounts falling due after more than one year
(14,833)
(20,000)
Net assets
995,528 
1,011,773 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
995,526 
1,011,771 
Shareholders' funds
995,528 
1,011,773 
For the year ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2024 and were signed on its behalf by
Vernon Taylor Director Company Registration No. 2102349
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Anchor Door Systems Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Anchor Door Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 2102349. The registered office is Anchor House, 4 Durham Street, Vauxhall, London, SE11 5JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% per annum straight line basis
Fixtures & fittings
25% per annum straight line basis
Stocks
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 items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Anchor Door Systems Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
195,879 
59,532 
255,411 
Additions
97,943 
- 
97,943 
Disposals
(42,800)
- 
(42,800)
At 30 June 2024
251,022 
59,532 
310,554 
Depreciation
At 1 July 2023
93,941 
59,532 
153,473 
Charge for the year
55,283 
- 
55,283 
On disposals
(42,800)
- 
(42,800)
At 30 June 2024
106,424 
59,532 
165,956 
Net book value
At 30 June 2024
144,598 
- 
144,598 
At 30 June 2023
101,938 
- 
101,938 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
421,191 
394,292 
Other debtors
219,529 
536,294 
640,720 
930,586 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
149,236 
83,754 
Taxes and social security
205,238 
219,796 
Other creditors
130,430 
138,197 
494,904 
451,747 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,833 
20,000 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 32 (2023: 32).
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