Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10838675 Mr David Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10838675 2023-06-30 10838675 2024-06-30 10838675 2023-07-01 2024-06-30 10838675 frs-core:CurrentFinancialInstruments 2024-06-30 10838675 frs-core:Non-currentFinancialInstruments 2024-06-30 10838675 frs-core:BetweenOneFiveYears 2024-06-30 10838675 frs-core:ComputerEquipment 2024-06-30 10838675 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10838675 frs-core:ComputerEquipment 2023-06-30 10838675 frs-core:MotorVehicles 2024-06-30 10838675 frs-core:MotorVehicles 2023-07-01 2024-06-30 10838675 frs-core:MotorVehicles 2023-06-30 10838675 frs-core:PlantMachinery 2024-06-30 10838675 frs-core:PlantMachinery 2023-07-01 2024-06-30 10838675 frs-core:PlantMachinery 2023-06-30 10838675 frs-core:WithinOneYear 2024-06-30 10838675 frs-core:ShareCapital 2024-06-30 10838675 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10838675 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10838675 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10838675 frs-bus:SmallEntities 2023-07-01 2024-06-30 10838675 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10838675 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10838675 frs-bus:Director1 2023-07-01 2024-06-30 10838675 frs-bus:Director1 2023-06-30 10838675 frs-bus:Director1 2024-06-30 10838675 frs-countries:EnglandWales 2023-07-01 2024-06-30 10838675 2022-06-30 10838675 2023-06-30 10838675 2022-07-01 2023-06-30 10838675 frs-core:CurrentFinancialInstruments 2023-06-30 10838675 frs-core:Non-currentFinancialInstruments 2023-06-30 10838675 frs-core:BetweenOneFiveYears 2023-06-30 10838675 frs-core:WithinOneYear 2023-06-30 10838675 frs-core:ShareCapital 2023-06-30 10838675 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10838675
Dsc Auto Electrics Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Elementary Accountancy Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10838675
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,534 333
24,534 333
CURRENT ASSETS
Debtors 5 30,294 10,247
Cash at bank and in hand 846 3,859
31,140 14,106
Creditors: Amounts Falling Due Within One Year 6 (9,394 ) (6,901 )
NET CURRENT ASSETS (LIABILITIES) 21,746 7,205
TOTAL ASSETS LESS CURRENT LIABILITIES 46,280 7,538
Creditors: Amounts Falling Due After More Than One Year 7 (23,497 ) (3,235 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,661 ) -
NET ASSETS 18,122 4,303
CAPITAL AND RESERVES
Called up share capital 10 101 100
Profit and Loss Account 18,021 4,203
SHAREHOLDERS' FUNDS 18,122 4,303
Page 1
Page 2
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 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 David Jones
Director
08/01/2025
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
Dsc Auto Electrics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10838675 . The registered office is 38, Herrick Way, Wigston, Leicestershire, LE18 3LR.
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.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
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.
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. Cost includes costs directly attributable to making the asset capable of operating as intended. 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 33% on cost
Motor Vehicles 20% reducing balance
Computer Equipment 33% 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. 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.
...CONTINUED
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2.5. Taxation - continued
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 - - 1,494 1,494
Additions 173 24,700 174 25,047
Disposals - - (1,494 ) (1,494 )
As at 30 June 2024 173 24,700 174 25,047
Depreciation
As at 1 July 2023 - - 1,161 1,161
Provided during the period 14 412 87 513
Disposals - - (1,161 ) (1,161 )
As at 30 June 2024 14 412 87 513
Net Book Value
As at 30 June 2024 159 24,288 87 24,534
As at 1 July 2023 - - 333 333
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,019 -
Prepayments and accrued income 5,925 -
Other debtors 2,556 2,556
VAT 5,827 -
Director's loan account 8,967 7,691
30,294 10,247
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,437 -
Bank loans and overdrafts 1,463 1,496
Corporation tax 2,494 5,405
9,394 6,901
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 21,691 -
Bank loans 1,806 3,235
23,497 3,235
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 27,128 -
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,437 -
Later than one year and not later than five years 21,691 -
27,128 -
27,128 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr David Jones 7,690 8,967 7,690 - -
The above loan is unsecured, interest free and repayable on demand.
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