Acorah Software Products - Accounts Production 16.1.200 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09444249 Mr Robert Drew Mr Samuel Drew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09444249 2023-05-31 09444249 2024-05-31 09444249 2023-06-01 2024-05-31 09444249 frs-core:CurrentFinancialInstruments 2024-05-31 09444249 frs-core:Non-currentFinancialInstruments 2024-05-31 09444249 frs-core:BetweenOneFiveYears 2024-05-31 09444249 frs-core:FurnitureFittings 2024-05-31 09444249 frs-core:FurnitureFittings 2023-06-01 2024-05-31 09444249 frs-core:FurnitureFittings 2023-05-31 09444249 frs-core:NetGoodwill 2024-05-31 09444249 frs-core:NetGoodwill 2023-06-01 2024-05-31 09444249 frs-core:NetGoodwill 2023-05-31 09444249 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 09444249 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 09444249 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 09444249 frs-core:MotorVehicles 2024-05-31 09444249 frs-core:MotorVehicles 2023-06-01 2024-05-31 09444249 frs-core:MotorVehicles 2023-05-31 09444249 frs-core:PlantMachinery 2024-05-31 09444249 frs-core:PlantMachinery 2023-06-01 2024-05-31 09444249 frs-core:PlantMachinery 2023-05-31 09444249 frs-core:WithinOneYear 2024-05-31 09444249 frs-core:ShareCapital 2024-05-31 09444249 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09444249 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09444249 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09444249 frs-bus:SmallEntities 2023-06-01 2024-05-31 09444249 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09444249 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09444249 frs-core:CostValuation 2023-05-31 09444249 frs-core:DisposalsRepaymentsInvestments 2024-05-31 09444249 frs-core:CostValuation 2024-05-31 09444249 frs-core:ProvisionsForImpairmentInvestments 2023-05-31 09444249 frs-core:ProvisionsForImpairmentInvestments 2024-05-31 09444249 frs-bus:Director1 2023-06-01 2024-05-31 09444249 frs-bus:Director2 2023-06-01 2024-05-31 09444249 frs-countries:EnglandWales 2023-06-01 2024-05-31 09444249 2022-05-31 09444249 2023-05-31 09444249 2022-06-01 2023-05-31 09444249 frs-core:CurrentFinancialInstruments 2023-05-31 09444249 frs-core:Non-currentFinancialInstruments 2023-05-31 09444249 frs-core:BetweenOneFiveYears 2023-05-31 09444249 frs-core:WithinOneYear 2023-05-31 09444249 frs-core:ShareCapital 2023-05-31 09444249 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09444249
Ultra Vision Fire & Security Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09444249
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 25,467 38,467
Tangible Assets 5 135,501 185,962
Investments 6 - 369,763
160,968 594,192
CURRENT ASSETS
Stocks 7 34,874 33,846
Debtors 8 241,564 236,125
Cash at bank and in hand 177,571 291,444
454,009 561,415
Creditors: Amounts Falling Due Within One Year 9 (456,343 ) (468,401 )
NET CURRENT ASSETS (LIABILITIES) (2,334 ) 93,014
TOTAL ASSETS LESS CURRENT LIABILITIES 158,634 687,206
Creditors: Amounts Falling Due After More Than One Year 10 (33,169 ) (55,985 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,654 ) (24,901 )
NET ASSETS 108,811 606,320
CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Profit and Loss Account 107,811 605,320
SHAREHOLDERS' FUNDS 108,811 606,320
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For the year ending 31 May 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 Robert Drew
Director
27/12/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ultra Vision Fire & Security Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09444249 . The registered office is 30 Glenmore Centre, Jessop Court, Waterwells Business Park, Gloucester, GL2 2AP.
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 5 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:
Leasehold 20% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.5. 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.
2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. 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.
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.10. Investments
The investment represents a 100% holding in P.H.X. Security Ltd (company number 03968681), a company registered in England & Wales. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2023: 17)
19 17
4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2023 65,000
As at 31 May 2024 65,000
Amortisation
As at 1 June 2023 26,533
Provided during the period 13,000
As at 31 May 2024 39,533
Net Book Value
As at 31 May 2024 25,467
As at 1 June 2023 38,467
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 June 2023 61,809 7,053 298,387 52,916 420,165
Additions - 12,250 24,943 2,945 40,138
Disposals - - (132,221 ) - (132,221 )
As at 31 May 2024 61,809 19,303 191,109 55,861 328,082
Depreciation
As at 1 June 2023 41,681 3,601 159,941 28,980 234,203
Provided during the period 12,362 1,118 33,915 6,330 53,725
Disposals - - (95,347 ) - (95,347 )
As at 31 May 2024 54,043 4,719 98,509 35,310 192,581
Net Book Value
As at 31 May 2024 7,766 14,584 92,600 20,551 135,501
As at 1 June 2023 20,128 3,452 138,446 23,936 185,962
6. Investments
Subsidiaries
£
Cost
As at 1 June 2023 369,763
Disposals (369,763 )
As at 31 May 2024 -
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 369,763
7. Stocks
2024 2023
£ £
Stock 34,874 33,846
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8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 228,958 223,379
Prepayments and accrued income 12,606 12,746
241,564 236,125
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 18,948 32,699
Trade creditors 149,842 221,004
Amounts owed to group undertakings 34,377 -
Other creditors 76,554 93,394
Taxation and social security 176,622 121,304
456,343 468,401
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 33,169 33,485
Other creditors - 22,500
33,169 55,985
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 18,948 32,699
Later than one year and not later than five years 33,169 33,485
52,117 66,184
52,117 66,184
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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