Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 October 2024 31 October 2024 11489686 Mr I J McCulloch Mr T J Perry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11489686 2023-07-31 11489686 2024-10-31 11489686 2023-08-01 2024-10-31 11489686 frs-core:CurrentFinancialInstruments 2024-10-31 11489686 frs-core:Non-currentFinancialInstruments 2024-10-31 11489686 frs-core:ShareCapital 2024-10-31 11489686 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11489686 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-10-31 11489686 frs-bus:FilletedAccounts 2023-08-01 2024-10-31 11489686 frs-bus:SmallEntities 2023-08-01 2024-10-31 11489686 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-10-31 11489686 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-10-31 11489686 frs-bus:Director1 2023-08-01 2024-10-31 11489686 frs-bus:Director2 2023-08-01 2024-10-31 11489686 frs-countries:EnglandWales 2023-08-01 2024-10-31 11489686 2022-07-31 11489686 2023-07-31 11489686 2022-08-01 2023-07-31 11489686 frs-core:CurrentFinancialInstruments 2023-07-31 11489686 frs-core:Non-currentFinancialInstruments 2023-07-31 11489686 frs-core:ShareCapital 2023-07-31 11489686 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11489686
Door Security Limited
Unaudited Financial Statements
For the Period 1 August 2023 to 31 October 2024
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr I J McCulloch
Mr T J Perry
Company Number 11489686
Registered Office Hanover Buildings
11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Accountants ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Page 1
Page 2
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Door Security Limited for the period 1 August 2023 to 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Door Security Limited for the period 1 August 2023 to 31 October 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Door Security Limited , as a body, in accordance with the terms of our engagement letter dated 30 May 2024. Our work has been undertaken solely to prepare for your approval the accounts of Door Security Limited and state those matters that we have agreed to state to the directors of Door Security Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Door Security Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Door Security Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Door Security Limited . You consider that Door Security Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Door Security Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
ERC Accountants and Business Advisers Ltd
23 April 2025
ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
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Page 3
Balance Sheet
Registered number: 11489686
31 October 2024 31 July 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 200 147,663
Cash at bank and in hand - 119,667
200 267,330
Creditors: Amounts Falling Due Within One Year 5 - (142,530 )
NET CURRENT ASSETS (LIABILITIES) 200 124,800
TOTAL ASSETS LESS CURRENT LIABILITIES 200 124,800
Creditors: Amounts Falling Due After More Than One Year 6 - (14,769 )
NET ASSETS 200 110,031
CAPITAL AND RESERVES
Called up share capital 200 200
Profit and Loss Account - 109,831
SHAREHOLDERS' FUNDS 200 110,031
For the period ending 31 October 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 I J McCulloch
Director
23 April 2025
The notes on pages 4 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Door Security Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11489686 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
2.4. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2.5. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 60 (2023: 57)
60 57
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4. Debtors
31 October 2024 31 July 2023
£ £
Due within one year
Trade debtors - 122,065
Other debtors - 25,000
Other taxes and social security - 398
Directors' loan accounts 200 -
Called up share capital not paid - 200
200 147,663
5. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 July 2023
£ £
Trade creditors - 30,874
Bank loans and overdrafts - 6,564
Corporation tax - 49,625
VAT - 41,739
Net wages - 8,014
Accruals and deferred income - 5,700
Directors' loan accounts - 14
- 142,530
The loan above was obtained under the government bounceback loan scheme and is therefore 100% secured by the government with no charge over the assets of the company.
6. Creditors: Amounts Falling Due After More Than One Year
31 October 2024 31 July 2023
£ £
Bank loans - 14,769
The loan above was obtained under the government bounceback loan scheme and is therefore 100% secured by the government with no charge over the assets of the company.
7. Related Party Transactions
The following related party transactions were undertaken during the year:
At the balance sheet date the amounts owed from the director was £200 (2023:Owed to the director £14).
Dividends totalling £18,532 were paid to the shareholders in respect of their shareholdings (2023: £45,164).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
8. Break up basis
The directors wish to prepare the financial statements on the break-up basis as they are to ceasing to trade. The going concern
basis is therefore not appropriate.
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