Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI636471 Mrs Maria Demitseva Mr Aleksei Demitsev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI636471 2024-03-31 NI636471 2025-03-31 NI636471 2024-04-01 2025-03-31 NI636471 frs-core:CurrentFinancialInstruments 2025-03-31 NI636471 frs-core:MotorVehicles 2025-03-31 NI636471 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI636471 frs-core:MotorVehicles 2024-03-31 NI636471 frs-core:PlantMachinery 2025-03-31 NI636471 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI636471 frs-core:PlantMachinery 2024-03-31 NI636471 frs-core:ShareCapital 2025-03-31 NI636471 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI636471 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI636471 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI636471 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI636471 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI636471 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI636471 frs-bus:Director1 2024-04-01 2025-03-31 NI636471 frs-bus:Director2 2024-04-01 2025-03-31 NI636471 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI636471 2023-03-31 NI636471 2024-03-31 NI636471 2023-04-01 2024-03-31 NI636471 frs-core:CurrentFinancialInstruments 2024-03-31 NI636471 frs-core:ShareCapital 2024-03-31 NI636471 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI636471
DS Ceilings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
John Herron Accountants
Certified Accountant
7 Grove Place
Derry
N. Ireland
BT48 6JT
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: NI636471
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,699 16,438
26,699 16,438
CURRENT ASSETS
Debtors 5 24,415 20,034
Cash at bank and in hand 9,036 35,448
33,451 55,482
Creditors: Amounts Falling Due Within One Year 6 (2,910 ) (6,372 )
NET CURRENT ASSETS (LIABILITIES) 30,541 49,110
TOTAL ASSETS LESS CURRENT LIABILITIES 57,240 65,548
NET ASSETS 57,240 65,548
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 57,238 65,546
SHAREHOLDERS' FUNDS 57,240 65,548
For the year ending 31 March 2025 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 Aleksei Demitsev
Director
04/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
DS Ceilings Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI636471 . The registered office is 41 Marlo Heights, Bangor, Down, BT19 6NQ.
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% decreasing balance
Motor Vehicles 30% decreasing balance
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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 (2024: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 27,233 45,169 72,402
Additions 20,000 - 20,000
As at 31 March 2025 47,233 45,169 92,402
Depreciation
As at 1 April 2024 23,389 32,575 55,964
Provided during the period 5,961 3,778 9,739
As at 31 March 2025 29,350 36,353 65,703
Net Book Value
As at 31 March 2025 17,883 8,816 26,699
As at 1 April 2024 3,844 12,594 16,438
5. Debtors
2025 2024
£ £
Due within one year
RCT Refund 24,415 20,018
VAT - 16
24,415 20,034
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) 1
Corporation tax 325 3,875
Accountancy Fee Owed 2,496 2,496
Directors' loan accounts 90 -
2,910 6,372
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 59,672 38,000
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