Acorah Software Products - Accounts Production 16.1.200 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06391350 Mr Ian Salter Mrs Diane Salter Mrs Diane Salter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06391350 2023-03-31 06391350 2024-03-31 06391350 2023-04-01 2024-03-31 06391350 frs-core:CurrentFinancialInstruments 2024-03-31 06391350 frs-core:Non-currentFinancialInstruments 2024-03-31 06391350 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06391350 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06391350 frs-core:MotorVehicles 2023-04-01 2024-03-31 06391350 frs-core:ShareCapital 2024-03-31 06391350 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06391350 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06391350 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 06391350 frs-bus:SmallEntities 2023-04-01 2024-03-31 06391350 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06391350 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06391350 frs-bus:Director1 2023-04-01 2024-03-31 06391350 frs-bus:Director2 2023-04-01 2024-03-31 06391350 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06391350 frs-countries:EnglandWales 2023-04-01 2024-03-31 06391350 2022-03-31 06391350 2023-03-31 06391350 2022-04-01 2023-03-31 06391350 frs-core:CurrentFinancialInstruments 2023-03-31 06391350 frs-core:Non-currentFinancialInstruments 2023-03-31 06391350 frs-core:ShareCapital 2023-03-31 06391350 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06391350
IDS Services Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 06391350
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,305 17,741
13,305 17,741
CURRENT ASSETS
Stocks 9,000 12,084
Debtors 4,956 5,282
Cash at bank and in hand 1,146 (1,038 )
15,102 16,328
Creditors: Amounts Falling Due Within One Year 5 (60,193 ) (45,258 )
NET CURRENT ASSETS (LIABILITIES) (45,091 ) (28,930 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,786 ) (11,189 )
Creditors: Amounts Falling Due After More Than One Year (2,255 ) (4,197 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,528 ) (3,371 )
NET LIABILITIES (36,569 ) (18,757 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (36,669 ) (18,857 )
SHAREHOLDERS' FUNDS (36,569) (18,757)
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Ian Salter
Director
24/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
IDS Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06391350 . The registered office is Units 1-2 Warrior Court, 9-11 Mumby Road, Gosport, Hampshire, PO12 1BS.
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. Going Concern Disclosure
The net liability position is primarily a result of amounts owed to directors who have confirmed that they will not demand these amounts for at least 12 months from the approval date of these accounts.  The Company is therefore considered to remain a going concern.
2.3. 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.
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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
...CONTINUED
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2.5. Taxation - continued
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was:  1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 53,536
As at 31 March 2024 53,536
Depreciation
As at 1 April 2023 35,795
Provided during the period 4,436
As at 31 March 2024 40,231
Net Book Value
As at 31 March 2024 13,305
As at 1 April 2023 17,741
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,859 4,096
Bank loans and overdrafts 1,933 2,136
Corporation tax 5,478 5,377
Net wages - 918
Accruals and deferred income 2,333 2,231
Directors' loan accounts 46,590 30,500
60,193 45,258
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6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5