Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08288285 Mrs J A Cuomo Mr N J Cuomo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08288285 2023-10-31 08288285 2024-10-31 08288285 2023-11-01 2024-10-31 08288285 frs-core:CurrentFinancialInstruments 2024-10-31 08288285 frs-core:ComputerEquipment 2024-10-31 08288285 frs-core:ComputerEquipment 2023-11-01 2024-10-31 08288285 frs-core:ComputerEquipment 2023-10-31 08288285 frs-core:FurnitureFittings 2024-10-31 08288285 frs-core:FurnitureFittings 2023-11-01 2024-10-31 08288285 frs-core:FurnitureFittings 2023-10-31 08288285 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-31 08288285 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 08288285 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 08288285 frs-core:MotorVehicles 2024-10-31 08288285 frs-core:MotorVehicles 2023-11-01 2024-10-31 08288285 frs-core:MotorVehicles 2023-10-31 08288285 frs-core:PlantMachinery 2024-10-31 08288285 frs-core:PlantMachinery 2023-11-01 2024-10-31 08288285 frs-core:PlantMachinery 2023-10-31 08288285 frs-core:ShareCapital 2024-10-31 08288285 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08288285 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08288285 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08288285 frs-bus:SmallEntities 2023-11-01 2024-10-31 08288285 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08288285 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08288285 frs-bus:Director1 2023-11-01 2024-10-31 08288285 frs-bus:Director2 2023-11-01 2024-10-31 08288285 frs-countries:EnglandWales 2023-11-01 2024-10-31 08288285 2022-10-31 08288285 2023-10-31 08288285 2022-11-01 2023-10-31 08288285 frs-core:CurrentFinancialInstruments 2023-10-31 08288285 frs-core:ShareCapital 2023-10-31 08288285 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08288285
Derby Double Glazing Limited
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08288285
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 108,687 113,935
108,687 113,935
CURRENT ASSETS
Stocks 5 19,495 23,044
Debtors 6 285,181 277,387
Cash at bank and in hand 671,235 474,900
975,911 775,331
Creditors: Amounts Falling Due Within One Year 7 (221,142 ) (190,675 )
NET CURRENT ASSETS (LIABILITIES) 754,769 584,656
TOTAL ASSETS LESS CURRENT LIABILITIES 863,456 698,591
PROVISIONS FOR LIABILITIES
Deferred Taxation (847 ) (1,420 )
NET ASSETS 862,609 697,171
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 862,509 697,071
SHAREHOLDERS' FUNDS 862,609 697,171
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Page 2
For the year ending 31 October 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 N J Cuomo
Director
19 May 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
Derby Double Glazing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08288285 . The registered office is 246 Osmaston Road, Derby, DE23 8LB.
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:
Leasehold 2% straight line
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 9)
8 9
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 November 2023 135,000 - 33,083 17,165
Additions - 205 - -
As at 31 October 2024 135,000 205 33,083 17,165
Depreciation
As at 1 November 2023 27,000 - 27,487 16,757
Provided during the period 2,700 38 2,797 172
As at 31 October 2024 29,700 38 30,284 16,929
Net Book Value
As at 31 October 2024 105,300 167 2,799 236
As at 1 November 2023 108,000 - 5,596 408
Computer Equipment Total
£ £
Cost
As at 1 November 2023 4,090 189,338
Additions 295 500
As at 31 October 2024 4,385 189,838
Depreciation
As at 1 November 2023 4,159 75,403
Provided during the period 41 5,748
As at 31 October 2024 4,200 81,151
Net Book Value
As at 31 October 2024 185 108,687
As at 1 November 2023 (69 ) 113,935
5. Stocks
2024 2023
£ £
Stock 19,495 23,044
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 48,475 39,845
Prepayments and accrued income 6,466 7,542
Other debtors 230,000 230,000
Net wages 240 -
285,181 277,387
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 113,693 111,166
Corporation tax 63,205 31,866
Other taxes and social security 4,927 4,954
VAT 35,249 29,591
Other creditors 984 731
Accruals and deferred income 3,084 12,355
Directors' loan accounts - 12
221,142 190,675
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Capital Commitments
2024 2023
£ £
At the end of the period 838,523 851,515
At the end of the period, the company had capital commitments contracted for but not provided in these financial statements.
Outstanding commitments include £833,488 (2023 - £843,740) ground rent payable under a 125 year lease dated 1981.
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