Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 04077149 Mr R Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04077149 2023-08-31 04077149 2024-08-31 04077149 2023-09-01 2024-08-31 04077149 frs-core:CurrentFinancialInstruments 2024-08-31 04077149 frs-core:Non-currentFinancialInstruments 2024-08-31 04077149 frs-core:BetweenOneFiveYears 2024-08-31 04077149 frs-core:ComputerEquipment 2024-08-31 04077149 frs-core:ComputerEquipment 2023-09-01 2024-08-31 04077149 frs-core:ComputerEquipment 2023-08-31 04077149 frs-core:FurnitureFittings 2024-08-31 04077149 frs-core:FurnitureFittings 2023-09-01 2024-08-31 04077149 frs-core:FurnitureFittings 2023-08-31 04077149 frs-core:NetGoodwill 2024-08-31 04077149 frs-core:NetGoodwill 2023-09-01 2024-08-31 04077149 frs-core:NetGoodwill 2023-08-31 04077149 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 04077149 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 04077149 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 04077149 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 04077149 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04077149 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 04077149 frs-core:MotorVehicles 2024-08-31 04077149 frs-core:MotorVehicles 2023-09-01 2024-08-31 04077149 frs-core:MotorVehicles 2023-08-31 04077149 frs-core:PlantMachinery 2024-08-31 04077149 frs-core:PlantMachinery 2023-09-01 2024-08-31 04077149 frs-core:PlantMachinery 2023-08-31 04077149 frs-core:WithinOneYear 2024-08-31 04077149 frs-core:CapitalRedemptionReserve 2024-08-31 04077149 frs-core:ShareCapital 2024-08-31 04077149 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 04077149 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04077149 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 04077149 frs-bus:SmallEntities 2023-09-01 2024-08-31 04077149 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04077149 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04077149 frs-bus:Director1 2023-09-01 2024-08-31 04077149 frs-countries:EnglandWales 2023-09-01 2024-08-31 04077149 2022-08-31 04077149 2023-08-31 04077149 2022-09-01 2023-08-31 04077149 frs-core:CurrentFinancialInstruments 2023-08-31 04077149 frs-core:Non-currentFinancialInstruments 2023-08-31 04077149 frs-core:BetweenOneFiveYears 2023-08-31 04077149 frs-core:MotorVehicles 2022-09-01 2023-08-31 04077149 frs-core:WithinOneYear 2023-08-31 04077149 frs-core:CapitalRedemptionReserve 2023-08-31 04077149 frs-core:ShareCapital 2023-08-31 04077149 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 04077149
Decor 8 (Northern) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 04077149
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,561
Tangible Assets 5 226,637 113,708
226,637 115,269
CURRENT ASSETS
Stocks 231,746 224,008
Debtors 6 211,736 180,566
Cash at bank and in hand 343,875 418,762
787,357 823,336
Creditors: Amounts Falling Due Within One Year 7 (362,280 ) (317,458 )
NET CURRENT ASSETS (LIABILITIES) 425,077 505,878
TOTAL ASSETS LESS CURRENT LIABILITIES 651,714 621,147
Creditors: Amounts Falling Due After More Than One Year 8 (5,486 ) (10,629 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,711 ) (19,275 )
NET ASSETS 634,517 591,243
CAPITAL AND RESERVES
Called up share capital 10 200 200
Capital redemption reserve 900 900
Profit and Loss Account 633,417 590,143
SHAREHOLDERS' FUNDS 634,517 591,243
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 R Thompson
Director
07/05/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Decor 8 (Northern) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04077149 . The registered office is Unit 37 Peel Industrial Estate, Chamber Hall Street, Bury, Lancashire, BL9 0LU.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 4 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:
Freehold N/A
Leasehold Straight line over 4 years
Plant & Machinery Straight line over 4 years
Motor Vehicles Straight line over 4 years
Fixtures & Fittings Straight line over 4 years
Computer Equipment Straight line over 4 years
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2.5. 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.
2.6. 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.
2.7. 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.
2.8. 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: 1 (2023: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 25,000
As at 31 August 2024 25,000
Amortisation
As at 1 September 2023 23,439
Provided during the period 1,561
As at 31 August 2024 25,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 1,561
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost or Valuation
As at 1 September 2023 - 73,767 50,324 52,014
Additions 165,000 4,567 3,100 -
Disposals - (44,914 ) (8,285 ) (10,950 )
Revaluation - (5,383 ) (11,550 ) -
As at 31 August 2024 165,000 28,037 33,589 41,064
Depreciation
As at 1 September 2023 - 57,880 32,912 7,323
Provided during the period - 6,062 8,397 10,266
Disposals - (36,327 ) (6,732 ) (228 )
On revaluations - (5,403 ) (11,550 ) -
As at 31 August 2024 - 22,212 23,027 17,361
Net Book Value
As at 31 August 2024 165,000 5,825 10,562 23,703
As at 1 September 2023 - 15,887 17,412 44,691
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Fixtures & Fittings Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 September 2023 58,352 62,487 296,944
Additions 540 3,912 177,119
Disposals (7,258 ) (3,670 ) (75,077 )
Revaluation (20,058 ) (16,614 ) (53,605 )
As at 31 August 2024 31,576 46,115 345,381
Depreciation
As at 1 September 2023 44,522 40,599 183,236
Provided during the period 6,728 11,213 42,666
Disposals (7,258 ) (2,988 ) (53,533 )
On revaluations (20,058 ) (16,614 ) (53,625 )
As at 31 August 2024 23,934 32,210 118,744
Net Book Value
As at 31 August 2024 7,642 13,905 226,637
As at 1 September 2023 13,830 21,888 113,708
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 10,582 14,551
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 138,179 143,597
Other debtors 73,557 36,969
211,736 180,566
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,658 5,658
Trade creditors 259,071 243,506
Other creditors 4,782 4,764
Taxation and social security 92,769 63,530
362,280 317,458
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,486 10,629
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,658 5,658
Later than one year and not later than five years 5,486 10,629
11,144 16,287
11,144 16,287
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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