Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 NI631085 Mrs Vivienne Crossan Mr David Crossan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI631085 2023-03-31 NI631085 2024-03-31 NI631085 2023-04-01 2024-03-31 NI631085 frs-core:CurrentFinancialInstruments 2024-03-31 NI631085 frs-core:NetGoodwill 2024-03-31 NI631085 frs-core:NetGoodwill 2023-04-01 2024-03-31 NI631085 frs-core:NetGoodwill 2023-03-31 NI631085 frs-core:PlantMachinery 2024-03-31 NI631085 frs-core:PlantMachinery 2023-04-01 2024-03-31 NI631085 frs-core:PlantMachinery 2023-03-31 NI631085 frs-core:ShareCapital 2024-03-31 NI631085 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI631085 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI631085 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 NI631085 frs-bus:SmallEntities 2023-04-01 2024-03-31 NI631085 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI631085 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI631085 frs-bus:Director1 2023-04-01 2024-03-31 NI631085 frs-bus:Director2 2023-04-01 2024-03-31 NI631085 frs-countries:NorthernIreland 2023-04-01 2024-03-31 NI631085 2022-03-31 NI631085 2023-03-31 NI631085 2022-04-01 2023-03-31 NI631085 frs-core:CurrentFinancialInstruments 2023-03-31 NI631085 frs-core:ShareCapital 2023-03-31 NI631085 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: NI631085
DVC Haulage Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI631085
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 7,500
Tangible Assets 5 - 2,003
- 9,503
CURRENT ASSETS
Cash at bank and in hand - 8,676
- 8,676
Creditors: Amounts Falling Due Within One Year 6 (16,084 ) (16,334 )
NET CURRENT ASSETS (LIABILITIES) (16,084 ) (7,658 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,084 ) 1,845
NET (LIABILITIES)/ASSETS (16,084 ) 1,845
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (16,086 ) 1,843
SHAREHOLDERS' FUNDS (16,084) 1,845
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 Crossan
Director
3rd December 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
DVC Haulage Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI631085 . The registered office is 146 High Street, Holywood, Co Down, BT18 9HS.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 75,000
As at 31 March 2024 75,000
Amortisation
As at 1 April 2023 67,500
Provided during the period 7,500
As at 31 March 2024 75,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 7,500
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 35,351
As at 31 March 2024 35,351
Depreciation
As at 1 April 2023 33,348
Provided during the period 2,003
As at 31 March 2024 35,351
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 2,003
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 1,198 -
VAT 543 473
Directors' loan accounts 14,343 15,861
16,084 16,334
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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