Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC615775 Adam Boyd Juan Ruiz Gimeno iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC615775 2023-12-31 SC615775 2024-12-31 SC615775 2024-01-01 2024-12-31 SC615775 frs-core:CurrentFinancialInstruments 2024-12-31 SC615775 frs-core:Non-currentFinancialInstruments 2024-12-31 SC615775 frs-core:ComputerEquipment 2024-12-31 SC615775 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC615775 frs-core:ComputerEquipment 2023-12-31 SC615775 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 SC615775 frs-core:NetGoodwill 2024-12-31 SC615775 frs-core:NetGoodwill 2024-01-01 2024-12-31 SC615775 frs-core:NetGoodwill 2023-12-31 SC615775 frs-core:OtherResidualIntangibleAssets 2024-12-31 SC615775 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 SC615775 frs-core:OtherResidualIntangibleAssets 2023-12-31 SC615775 frs-core:ShareCapital 2024-12-31 SC615775 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC615775 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC615775 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC615775 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC615775 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC615775 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC615775 frs-bus:Director1 2024-01-01 2024-12-31 SC615775 frs-bus:Director2 2024-01-01 2024-12-31 SC615775 frs-countries:Scotland 2024-01-01 2024-12-31 SC615775 2022-12-31 SC615775 2023-12-31 SC615775 2023-01-01 2023-12-31 SC615775 frs-core:CurrentFinancialInstruments 2023-12-31 SC615775 frs-core:Non-currentFinancialInstruments 2023-12-31 SC615775 frs-core:ShareCapital 2023-12-31 SC615775 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC615775
DELTA COMMERCE LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC615775
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 285,964 304,429
Tangible Assets 5 710 1,150
286,674 305,579
CURRENT ASSETS
Stocks 6 406,482 210,466
Debtors 7 52,835 85,344
Cash at bank and in hand 211,742 58,461
671,059 354,271
Creditors: Amounts Falling Due Within One Year 8 (770,861 ) (227,685 )
NET CURRENT ASSETS (LIABILITIES) (99,802 ) 126,586
TOTAL ASSETS LESS CURRENT LIABILITIES 186,872 432,165
Creditors: Amounts Falling Due After More Than One Year 9 (2,031 ) (378,045 )
NET ASSETS 184,841 54,120
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 184,840 54,119
SHAREHOLDERS' FUNDS 184,841 54,120
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For the year ending 31 December 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
Juan Ruiz Gimeno
Director
2 May 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
DELTA COMMERCE LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC615775 . The registered office is 120 C/O Grants Accountants, 5th Floor, West Regent Street, Glasgow, G2 2QD.
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. 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 have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets, including Goodwill are amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Computer Equipment 33% straight line
2.5. Stocks and Work in Progress
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Intangible Assets
Goodwill Other intangible assets Total
£ £ £
Cost
As at 1 January 2024 303,454 975 304,429
Additions - 13,209 13,209
As at 31 December 2024 303,454 14,184 317,638
Amortisation
As at 1 January 2024 - - -
Provided during the period 30,345 1,329 31,674
As at 31 December 2024 30,345 1,329 31,674
Net Book Value
As at 31 December 2024 273,109 12,855 285,964
As at 1 January 2024 303,454 975 304,429
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 1,333
As at 31 December 2024 1,333
Depreciation
As at 1 January 2024 183
Provided during the period 440
As at 31 December 2024 623
Net Book Value
As at 31 December 2024 710
As at 1 January 2024 1,150
6. Stocks
2024 2023
£ £
Stock 406,482 210,466
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 41,399 63,627
Other debtors 11,436 21,717
52,835 85,344
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 102,349 98,502
Bank loans and overdrafts 5,000 5,000
Other loans 301,358 -
Amounts owed to group undertakings 217,919 33,126
Other creditors 64,609 71,005
Taxation and social security 79,626 20,052
770,861 227,685
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,031 7,031
Other loans - 371,014
2,031 378,045
10. Related Party Transactions
The company is under the control of Treebox Ventures SL. Treebox Ventures SL is a company registered in Spain.
As at 31 December 2024, Delta Commerce Limited owes an amount of £157,434 (2023: £33,126) to Treebox Ventures SL.
As at 31 December 2024, Delta Commerce Limited owes an amount of £60,485 (2025: £Nil) to Bollepo LLC, a company under common control.
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