Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 01706029 Mr Nick Walker Mr Vern Walker Mr Alf Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01706029 2023-07-31 01706029 2024-07-31 01706029 2023-08-01 2024-07-31 01706029 frs-core:CurrentFinancialInstruments 2024-07-31 01706029 frs-core:ComputerEquipment 2024-07-31 01706029 frs-core:ComputerEquipment 2023-08-01 2024-07-31 01706029 frs-core:ComputerEquipment 2023-07-31 01706029 frs-core:PlantMachinery 2024-07-31 01706029 frs-core:PlantMachinery 2023-08-01 2024-07-31 01706029 frs-core:PlantMachinery 2023-07-31 01706029 frs-core:ShareCapital 2024-07-31 01706029 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 01706029 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 01706029 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 01706029 frs-bus:SmallEntities 2023-08-01 2024-07-31 01706029 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 01706029 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 01706029 frs-bus:Director1 2023-08-01 2024-07-31 01706029 frs-bus:Director2 2023-08-01 2024-07-31 01706029 frs-bus:Director3 2023-08-01 2024-07-31 01706029 frs-countries:EnglandWales 2023-08-01 2024-07-31 01706029 2022-07-31 01706029 2023-07-31 01706029 2022-08-01 2023-07-31 01706029 frs-core:CurrentFinancialInstruments 2023-07-31 01706029 frs-core:ShareCapital 2023-07-31 01706029 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 01706029
Dutch Maid Company Limited(The)
Unaudited Financial Statements
For The Year Ended 31 July 2024
Montacs
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01706029
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 251,913 296,225
251,913 296,225
CURRENT ASSETS
Stocks 5 688,290 636,106
Debtors 6 485,244 410,029
Cash at bank and in hand 1,260,157 736,458
2,433,691 1,782,593
Creditors: Amounts Falling Due Within One Year 7 (540,371 ) (288,134 )
NET CURRENT ASSETS (LIABILITIES) 1,893,320 1,494,459
TOTAL ASSETS LESS CURRENT LIABILITIES 2,145,233 1,790,684
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,733 ) (68,099 )
NET ASSETS 2,082,500 1,722,585
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 2,082,400 1,722,485
SHAREHOLDERS' FUNDS 2,082,500 1,722,585
Page 1
Page 2
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 Alf Walker
Director
10/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dutch Maid Company Limited(The) is a private company, limited by shares, incorporated in England & Wales, registered number 01706029 . The registered office is Unit 7 Tongue Lane Industrial Estate, Buxton, SK17 7LF.
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. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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 10% SL
Computer Equipment 25% SL
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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2023: 19)
19 19
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 797,947 56,537 854,484
Additions 3,628 9,323 12,951
As at 31 July 2024 801,575 65,860 867,435
Depreciation
As at 1 August 2023 512,155 46,104 558,259
Provided during the period 51,644 5,619 57,263
As at 31 July 2024 563,799 51,723 615,522
Net Book Value
As at 31 July 2024 237,776 14,137 251,913
As at 1 August 2023 285,792 10,433 296,225
5. Stocks
2024 2023
£ £
Stock 688,290 636,106
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 436,749 366,691
Other debtors 48,495 43,338
485,244 410,029
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 320,153 122,831
Amounts owed to group undertakings - 1,235
Other creditors 29,256 64,882
Taxation and social security 190,962 99,186
540,371 288,134
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4