Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07364951 Mr Nigel Pickard Mr Oluseyi Makinde iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07364951 2023-09-30 07364951 2024-09-30 07364951 2023-10-01 2024-09-30 07364951 frs-core:CurrentFinancialInstruments 2024-09-30 07364951 frs-core:ComputerEquipment 2024-09-30 07364951 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07364951 frs-core:ComputerEquipment 2023-09-30 07364951 frs-core:FurnitureFittings 2024-09-30 07364951 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07364951 frs-core:FurnitureFittings 2023-09-30 07364951 frs-core:ShareCapital 2024-09-30 07364951 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07364951 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07364951 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07364951 frs-bus:SmallEntities 2023-10-01 2024-09-30 07364951 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07364951 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07364951 frs-bus:Director1 2023-10-01 2024-09-30 07364951 frs-bus:Director2 2023-10-01 2024-09-30 07364951 frs-countries:EnglandWales 2023-10-01 2024-09-30 07364951 2022-09-30 07364951 2023-09-30 07364951 2022-10-01 2023-09-30 07364951 frs-core:CurrentFinancialInstruments 2023-09-30 07364951 frs-core:ShareCapital 2023-09-30 07364951 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07364951
Dexcrest Technical Services Limited
Financial Statements
For The Year Ended 30 September 2024
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07364951
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,056 1,408
1,056 1,408
CURRENT ASSETS
Stocks 5 263,900 287,464
Debtors 6 77,168 77,140
Cash at bank and in hand 21,198 5,253
362,266 369,857
Creditors: Amounts Falling Due Within One Year 7 (614,143 ) (621,105 )
NET CURRENT ASSETS (LIABILITIES) (251,877 ) (251,248 )
TOTAL ASSETS LESS CURRENT LIABILITIES (250,821 ) (249,840 )
NET LIABILITIES (250,821 ) (249,840 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (251,821 ) (250,840 )
SHAREHOLDERS' FUNDS (250,821) (249,840)
Page 1
Page 2
For the year ending 30 September 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 Nigel Pickard
Director
16/06/2025
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
Dexcrest Technical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07364951 . The registered office is 1 Beauchamp Court, Victors Way, Barnet, Hertfordshire, EN5 5TZ.
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:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 10,004 37,597 47,601
As at 30 September 2024 10,004 37,597 47,601
Depreciation
As at 1 October 2023 9,728 36,465 46,193
Provided during the period 69 283 352
As at 30 September 2024 9,797 36,748 46,545
Net Book Value
As at 30 September 2024 207 849 1,056
As at 1 October 2023 276 1,132 1,408
5. Stocks
2024 2023
£ £
Work in progress 263,900 287,464
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 72,802 72,802
Other debtors 4,366 4,338
77,168 77,140
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 55,772 41,773
Amounts owed to participating interests 75,066 96,177
Other creditors 483,305 483,155
614,143 621,105
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5