Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 03392877 Mr Michael Devlin Mrs Joanne Devlin Mrs Joanne Devlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03392877 2023-07-31 03392877 2024-07-31 03392877 2023-08-01 2024-07-31 03392877 frs-core:CurrentFinancialInstruments 2024-07-31 03392877 frs-core:MotorVehicles 2024-07-31 03392877 frs-core:MotorVehicles 2023-08-01 2024-07-31 03392877 frs-core:MotorVehicles 2023-07-31 03392877 frs-core:ShareCapital 2024-07-31 03392877 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 03392877 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03392877 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 03392877 frs-bus:SmallEntities 2023-08-01 2024-07-31 03392877 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03392877 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 03392877 frs-bus:Director1 2023-08-01 2024-07-31 03392877 frs-bus:Director2 2023-08-01 2024-07-31 03392877 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 03392877 frs-countries:EnglandWales 2023-08-01 2024-07-31 03392877 2022-07-31 03392877 2023-07-31 03392877 2022-08-01 2023-07-31 03392877 frs-core:CurrentFinancialInstruments 2023-07-31 03392877 frs-core:ShareCapital 2023-07-31 03392877 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 03392877
Designed Roof Systems Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03392877
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 123,175 52,005
123,175 52,005
CURRENT ASSETS
Stocks 17,836 75,540
Debtors 5 313,501 472,732
Cash at bank and in hand 44,421 128,259
375,758 676,531
Creditors: Amounts Falling Due Within One Year 6 (140,719 ) (303,733 )
NET CURRENT ASSETS (LIABILITIES) 235,039 372,798
TOTAL ASSETS LESS CURRENT LIABILITIES 358,214 424,803
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,305 ) (341 )
NET ASSETS 352,909 424,462
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account 352,709 424,262
SHAREHOLDERS' FUNDS 352,909 424,462
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For the year ending 31 July 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 Michael Devlin
Director
04/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Designed Roof Systems Limited , registered number 03392877 is a company limited by shares incorporated in England & Wales. The registered office is Unit 2, Pittman Court Pittman Way, Fulwood, Preston, PR2 9ZG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and adjusted for work in progress.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing Balance
2.4. 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.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 4 4
Manufacturing 4 5
8 9
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 August 2023 141,490
Additions 126,809
Disposals (86,250 )
As at 31 July 2024 182,049
Depreciation
As at 1 August 2023 89,485
Provided during the period 29,484
Disposals (60,095 )
As at 31 July 2024 58,874
Net Book Value
As at 31 July 2024 123,175
As at 1 August 2023 52,005
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 295,199 455,543
Prepayments and accrued income 11,802 17,189
VAT 6,500 -
313,501 472,732
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 58,049 90,724
Corporation tax 21,467 98,464
Other taxes and social security 7,467 13,524
VAT - 45,752
Accruals and deferred income 53,736 55,269
140,719 303,733
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
8. Related Party Transactions
DRS Investments LimitedDRS Investments Limited owns 100% of the issued share capital in this Company. Dividends were paid to DRS Investments Limited during the year totalling £150,000 (2023-£455,000)

DRS Investments Limited

DRS Investments Limited owns 100% of the issued share capital in this Company. Dividends were paid to DRS Investments Limited during the year totalling £150,000 (2023-£455,000)

Devlin Lettings LimitedDirectors, M & J M Devlin are also Directors of Devlin Lettings Limited.During the year this Company paid rent in the sum of £34,780 (2023 - £33,420) for premises it occupies, owned by Devlin Lettings Limited.

Devlin Lettings Limited

Directors, M & J M Devlin are also Directors of Devlin Lettings Limited.

During the year this Company paid rent in the sum of £34,780 (2023 - £33,420) for premises it occupies, owned by Devlin Lettings Limited.

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