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 10386772 Mr James Foster Mrs Jenna Foster true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10386772 2023-12-31 10386772 2024-12-31 10386772 2024-01-01 2024-12-31 10386772 frs-core:CurrentFinancialInstruments 2024-12-31 10386772 frs-core:Non-currentFinancialInstruments 2024-12-31 10386772 frs-core:BetweenOneFiveYears 2024-12-31 10386772 frs-core:MotorVehicles 2024-12-31 10386772 frs-core:MotorVehicles 2024-01-01 2024-12-31 10386772 frs-core:MotorVehicles 2023-12-31 10386772 frs-core:PlantMachinery 2024-12-31 10386772 frs-core:PlantMachinery 2024-01-01 2024-12-31 10386772 frs-core:PlantMachinery 2023-12-31 10386772 frs-core:WithinOneYear 2024-12-31 10386772 frs-core:ShareCapital 2024-12-31 10386772 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10386772 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10386772 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10386772 frs-bus:SmallEntities 2024-01-01 2024-12-31 10386772 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10386772 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10386772 1 2024-01-01 2024-12-31 10386772 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 10386772 frs-bus:Director1 2024-01-01 2024-12-31 10386772 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 10386772 frs-countries:EnglandWales 2024-01-01 2024-12-31 10386772 2022-12-31 10386772 2023-12-31 10386772 2023-01-01 2023-12-31 10386772 frs-core:CurrentFinancialInstruments 2023-12-31 10386772 frs-core:Non-currentFinancialInstruments 2023-12-31 10386772 frs-core:BetweenOneFiveYears 2023-12-31 10386772 frs-core:WithinOneYear 2023-12-31 10386772 frs-core:ShareCapital 2023-12-31 10386772 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10386772 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31
Registered number: 10386772
Keystone Civil Engineering Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10386772
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 146,763 202,801
146,763 202,801
CURRENT ASSETS
Stocks 70,980 71,618
Debtors 5 452,818 398,511
Cash at bank and in hand 30,462 31,066
554,260 501,195
Creditors: Amounts Falling Due Within One Year 6 (356,331 ) (345,448 )
NET CURRENT ASSETS (LIABILITIES) 197,929 155,747
TOTAL ASSETS LESS CURRENT LIABILITIES 344,692 358,548
Creditors: Amounts Falling Due After More Than One Year 7 (12,655 ) (36,156 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (36,690 ) (50,700 )
NET ASSETS 295,347 271,692
CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 22,426 22,426
Profit and Loss Account 272,911 249,256
SHAREHOLDERS' FUNDS 295,347 271,692
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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 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 James Foster
Director
27 May 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Keystone Civil Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10386772 . The registered office is Ground Floor, Alexander House, Acorn Business Park, Ling Road, Poole, Dorset, BH12 4NZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The Financial Statements are presented in £ sterling which is the functional currency of the company.
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.
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 fair value less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the value of the fixed assets over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
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. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost or Valuation
As at 1 January 2024 145,089 57,712 202,801
Additions 841 - 841
Disposals - (8,156 ) (8,156 )
As at 31 December 2024 145,930 49,556 195,486
Depreciation
As at 1 January 2024 - - -
Provided during the period 36,334 13,748 50,082
Disposals - (1,359 ) (1,359 )
As at 31 December 2024 36,334 12,389 48,723
Net Book Value
As at 31 December 2024 109,596 37,167 146,763
As at 1 January 2024 145,089 57,712 202,801
Included above are tangible fixed assets held at fair value. As at the Balance Sheet date, tangible fixed assets were revalued by the director at £146,763 (2023 - £202,801). For comparable purposes if the cost basis were to be used the historical cost of fixed assets would be £276,047 (2023 - £320,721) and the accumulated depreciation would be £131,807 (2023 - £122,099).
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 238,475 259,553
Prepayments and accrued income 4,875 4,875
Other debtors 23,721 45,373
Amounts owed by group undertakings 185,747 88,710
452,818 398,511
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 17,501 37,165
Trade creditors 202,459 236,001
Bank loans and overdrafts - 18,000
Other taxes and social security 101,241 31,187
Other creditors 32,630 20,595
Accruals and deferred income 2,500 2,500
356,331 345,448
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,655 30,156
Bank loans - 6,000
12,655 36,156
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against assets to which they relate.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 30,156 67,321
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,501 37,165
Later than one year and not later than five years 12,655 30,156
30,156 67,321
30,156 67,321
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following: £24,792 (2023 - £42,292).
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11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Keystone Holdings (South) Ltd . Its registered address is Unit 3 Vista Place, Ingworth Road, Poole, Dorset, BH12 1JY.

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