Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 22 June 2022 false 1 July 2023 30 June 2024 30 June 2024 SC736254 David Kerr Graeme Kerr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC736254 2023-06-30 SC736254 2024-06-30 SC736254 2023-07-01 2024-06-30 SC736254 frs-core:CurrentFinancialInstruments 2024-06-30 SC736254 frs-core:Non-currentFinancialInstruments 2024-06-30 SC736254 frs-core:BetweenOneFiveYears 2024-06-30 SC736254 frs-core:MotorVehicles 2024-06-30 SC736254 frs-core:MotorVehicles 2023-07-01 2024-06-30 SC736254 frs-core:MotorVehicles 2023-06-30 SC736254 frs-core:PlantMachinery 2024-06-30 SC736254 frs-core:PlantMachinery 2023-07-01 2024-06-30 SC736254 frs-core:PlantMachinery 2023-06-30 SC736254 frs-core:WithinOneYear 2024-06-30 SC736254 frs-core:ShareCapital 2024-06-30 SC736254 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC736254 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC736254 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC736254 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC736254 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC736254 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC736254 frs-bus:Director1 2023-07-01 2024-06-30 SC736254 frs-bus:Director2 2023-07-01 2024-06-30 SC736254 frs-countries:Scotland 2023-07-01 2024-06-30 SC736254 2022-06-21 SC736254 2023-06-30 SC736254 2022-06-22 2023-06-30 SC736254 frs-core:CurrentFinancialInstruments 2023-06-30 SC736254 frs-core:Non-currentFinancialInstruments 2023-06-30 SC736254 frs-core:BetweenOneFiveYears 2023-06-30 SC736254 frs-core:WithinOneYear 2023-06-30 SC736254 frs-core:ShareCapital 2023-06-30 SC736254 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: SC736254
D Kerr & Sons Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC736254
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 98,009 77,804
98,009 77,804
CURRENT ASSETS
Debtors 5 138,948 115,120
Cash at bank and in hand 104,353 19,036
243,301 134,156
Creditors: Amounts Falling Due Within One Year 6 (234,411 ) (135,518 )
NET CURRENT ASSETS (LIABILITIES) 8,890 (1,362 )
TOTAL ASSETS LESS CURRENT LIABILITIES 106,899 76,442
Creditors: Amounts Falling Due After More Than One Year 7 (17,505 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (28,891 ) (10,269 )
NET ASSETS 60,503 66,173
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 60,303 65,973
SHAREHOLDERS' FUNDS 60,503 66,173
Page 1
Page 2
For the year ending 30 June 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
David Kerr
Director
Graeme Kerr
Director
03/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
D Kerr & Sons Limited is a private company, limited by shares, incorporated in Scotland, registered number SC736254 . The registered office is 14 Newton Place, Glasgow, G3 7PY.
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.
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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 89,800 18,500 108,300
Additions 43,000 - 43,000
As at 30 June 2024 132,800 18,500 151,300
Depreciation
As at 1 July 2023 28,475 2,021 30,496
Provided during the period 18,675 4,120 22,795
As at 30 June 2024 47,150 6,141 53,291
Net Book Value
As at 30 June 2024 85,650 12,359 98,009
As at 1 July 2023 61,325 16,479 77,804
5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Trade debtors 102,659 112,376
Other debtors 36,289 2,744
138,948 115,120
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Net obligations under finance lease and hire purchase contracts 44,272 -
Trade creditors 33,077 -
Other creditors 143,146 111,324
Taxation and social security 13,916 24,194
234,411 135,518
7. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Net obligations under finance lease and hire purchase contracts 17,505 -
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
30 June 2024 30 June 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 44,272 -
Later than one year and not later than five years 17,505 -
61,777 -
61,777 -
9. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 200 200
Page 5