Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10977557 Mr N E Saunders Mr P J Cro iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10977557 2023-05-31 10977557 2024-05-31 10977557 2023-06-01 2024-05-31 10977557 frs-core:CurrentFinancialInstruments 2024-05-31 10977557 frs-core:Non-currentFinancialInstruments 2024-05-31 10977557 frs-core:BetweenOneFiveYears 2024-05-31 10977557 frs-core:ComputerEquipment 2024-05-31 10977557 frs-core:ComputerEquipment 2023-06-01 2024-05-31 10977557 frs-core:ComputerEquipment 2023-05-31 10977557 frs-core:FurnitureFittings 2024-05-31 10977557 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10977557 frs-core:FurnitureFittings 2023-05-31 10977557 frs-core:MotorVehicles 2024-05-31 10977557 frs-core:MotorVehicles 2023-06-01 2024-05-31 10977557 frs-core:MotorVehicles 2023-05-31 10977557 frs-core:PlantMachinery 2024-05-31 10977557 frs-core:PlantMachinery 2023-06-01 2024-05-31 10977557 frs-core:PlantMachinery 2023-05-31 10977557 frs-core:WithinOneYear 2024-05-31 10977557 frs-core:ShareCapital 2024-05-31 10977557 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10977557 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10977557 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10977557 frs-bus:SmallEntities 2023-06-01 2024-05-31 10977557 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10977557 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10977557 frs-core:UnlistedNon-exchangeTraded 2024-05-31 10977557 frs-core:UnlistedNon-exchangeTraded 2023-05-31 10977557 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-05-31 10977557 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-05-31 10977557 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 10977557 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-05-31 10977557 frs-bus:Director1 2023-06-01 2024-05-31 10977557 frs-bus:Director2 2023-06-01 2024-05-31 10977557 frs-countries:EnglandWales 2023-06-01 2024-05-31 10977557 2022-05-31 10977557 2023-05-31 10977557 2022-06-01 2023-05-31 10977557 frs-core:CurrentFinancialInstruments 2023-05-31 10977557 frs-core:Non-currentFinancialInstruments 2023-05-31 10977557 frs-core:BetweenOneFiveYears 2023-05-31 10977557 frs-core:WithinOneYear 2023-05-31 10977557 frs-core:ShareCapital 2023-05-31 10977557 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10977557
DEPOT Marketing Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10977557
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 71,931 63,796
Investments 5 100 100
72,031 63,896
CURRENT ASSETS
Debtors 6 3,024,434 1,886,619
Cash at bank and in hand 159,987 76,602
3,184,421 1,963,221
Creditors: Amounts Falling Due Within One Year 7 (1,186,084 ) (459,934 )
NET CURRENT ASSETS (LIABILITIES) 1,998,337 1,503,287
TOTAL ASSETS LESS CURRENT LIABILITIES 2,070,368 1,567,183
Creditors: Amounts Falling Due After More Than One Year 8 (196,761 ) (69,987 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,667 ) (12,121 )
NET ASSETS 1,859,940 1,485,075
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 1,859,840 1,484,975
SHAREHOLDERS' FUNDS 1,859,940 1,485,075
Page 1
Page 2
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 P J Cro
Director
25/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
DEPOT Marketing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10977557 . The registered office is Depot Williams Way, Off Curran Embankment, Cardiff, South Glamorgan, CF10 5DY.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.
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.
2.3. 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% Straight line
Motor Vehicles 20% Reducing balance
Fixtures & Fittings 20% Straight line
Computer Equipment 20% Straight line
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.
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.
2.6. Investments
Investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 13,656 20,000 41,435 14,233 89,324
Additions 14,929 - 10,206 4,129 29,264
Disposals - - (10,637 ) - (10,637 )
As at 31 May 2024 28,585 20,000 41,004 18,362 107,951
Depreciation
As at 1 June 2023 2,208 7,200 9,748 6,372 25,528
Provided during the period 3,356 2,560 8,425 3,066 17,407
Disposals - - (6,915 ) - (6,915 )
As at 31 May 2024 5,564 9,760 11,258 9,438 36,020
Net Book Value
As at 31 May 2024 23,021 10,240 29,746 8,924 71,931
As at 1 June 2023 11,448 12,800 31,687 7,861 63,796
5. Investments
Unlisted
£
Cost
As at 1 June 2023 100
As at 31 May 2024 100
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 100
As at 1 June 2023 100
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 420,396 56,038
Amounts owed by group undertakings 915,594 1,162,661
Amounts owed by participating interests 696,918 476,176
Other debtors 522,859 191,744
2,555,767 1,886,619
...CONTINUED
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Page 5
Due after more than one year
Amounts owed by group undertakings 468,667 -
468,667 -
3,024,434 1,886,619
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,796 2,512
Trade creditors 475,323 249,157
Bank loans and overdrafts 53,242 30,420
Amounts owed to participating interests 9,745 20,995
Other creditors 488,545 65,344
Taxation and social security 156,433 91,506
1,186,084 459,934
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,350 6,147
Bank loans 193,411 63,840
196,761 69,987
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,796 2,512
Later than one year and not later than five years 3,350 6,147
6,146 8,659
6,146 8,659
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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