Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 NI619859 Mr William Moore Mr Albert Hall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI619859 2023-08-31 NI619859 2024-08-31 NI619859 2023-09-01 2024-08-31 NI619859 frs-core:CurrentFinancialInstruments 2024-08-31 NI619859 frs-core:Non-currentFinancialInstruments 2024-08-31 NI619859 frs-core:FurnitureFittings 2024-08-31 NI619859 frs-core:FurnitureFittings 2023-09-01 2024-08-31 NI619859 frs-core:FurnitureFittings 2023-08-31 NI619859 frs-core:MotorVehicles 2024-08-31 NI619859 frs-core:MotorVehicles 2023-09-01 2024-08-31 NI619859 frs-core:MotorVehicles 2023-08-31 NI619859 frs-core:PlantMachinery 2024-08-31 NI619859 frs-core:PlantMachinery 2023-09-01 2024-08-31 NI619859 frs-core:PlantMachinery 2023-08-31 NI619859 frs-core:ShareCapital 2024-08-31 NI619859 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 NI619859 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 NI619859 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 NI619859 frs-bus:SmallEntities 2023-09-01 2024-08-31 NI619859 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 NI619859 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 NI619859 frs-bus:Director1 2023-09-01 2024-08-31 NI619859 frs-bus:Director2 2023-09-01 2024-08-31 NI619859 frs-countries:NorthernIreland 2023-09-01 2024-08-31 NI619859 2022-08-31 NI619859 2023-08-31 NI619859 2022-09-01 2023-08-31 NI619859 frs-core:CurrentFinancialInstruments 2023-08-31 NI619859 frs-core:Non-currentFinancialInstruments 2023-08-31 NI619859 frs-core:ShareCapital 2023-08-31 NI619859 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: NI619859
Specialised Fire & Security Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Broad Street Advisory Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI619859
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,292 114,964
69,292 114,964
CURRENT ASSETS
Stocks 5 161,203 169,408
Debtors 6 246,476 142,396
Cash at bank and in hand 37,275 101,669
444,954 413,473
Creditors: Amounts Falling Due Within One Year 7 (225,906 ) (155,142 )
NET CURRENT ASSETS (LIABILITIES) 219,048 258,331
TOTAL ASSETS LESS CURRENT LIABILITIES 288,340 373,295
Creditors: Amounts Falling Due After More Than One Year 8 (78,524 ) (133,089 )
NET ASSETS 209,816 240,206
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 209,716 240,106
SHAREHOLDERS' FUNDS 209,816 240,206
Page 1
Page 2
For the year ending 31 August 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 William Moore
Director
Mr Albert Hall
Director
01/05/2025
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
Specialised Fire & Security Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI619859 . The registered office is 24a 288 Beersbridge Road, Belfast, Co Antrim, BT5 5DX.
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 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% 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. 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.
2.6. Taxation
Corporation tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 11)
13 11
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2023 8,660 254,741 3,401 266,802
Additions - 38,945 - 38,945
Disposals - (118,476 ) - (118,476 )
As at 31 August 2024 8,660 175,210 3,401 187,271
Depreciation
As at 1 September 2023 7,735 142,204 1,899 151,838
Provided during the period 401 40,555 721 41,677
Disposals - (75,536 ) - (75,536 )
As at 31 August 2024 8,136 107,223 2,620 117,979
Net Book Value
As at 31 August 2024 524 67,987 781 69,292
As at 1 September 2023 925 112,537 1,502 114,964
5. Stocks
2024 2023
£ £
Finished goods 36,000 35,000
Work in progress 125,203 134,408
161,203 169,408
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 236,537 133,102
Other debtors 9,939 9,294
246,476 142,396
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 29,794 36,940
Trade creditors 127,306 78,094
Bank loans and overdrafts 10,152 2,166
Other creditors 10,194 1,260
Taxation and social security 48,460 36,682
225,906 155,142
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 69,746 104,160
Bank loans 8,778 28,929
78,524 133,089
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
The company was under the control of Mr W J Moore throughout the current and previous year.
The key management personnel are the directors.
Page 5