Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12382056 Mr Eric Kelsall Mrs Zoe Kelsall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12382056 2023-12-31 12382056 2024-12-31 12382056 2024-01-01 2024-12-31 12382056 frs-core:CurrentFinancialInstruments 2024-12-31 12382056 frs-core:ComputerEquipment 2024-12-31 12382056 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12382056 frs-core:ComputerEquipment 2023-12-31 12382056 frs-core:FurnitureFittings 2024-12-31 12382056 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12382056 frs-core:FurnitureFittings 2023-12-31 12382056 frs-core:MotorVehicles 2024-12-31 12382056 frs-core:MotorVehicles 2024-01-01 2024-12-31 12382056 frs-core:MotorVehicles 2023-12-31 12382056 frs-core:PlantMachinery 2024-12-31 12382056 frs-core:PlantMachinery 2024-01-01 2024-12-31 12382056 frs-core:PlantMachinery 2023-12-31 12382056 frs-core:ShareCapital 2024-12-31 12382056 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12382056 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12382056 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12382056 frs-bus:SmallEntities 2024-01-01 2024-12-31 12382056 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12382056 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12382056 frs-bus:Director1 2024-01-01 2024-12-31 12382056 frs-bus:Director2 2024-01-01 2024-12-31 12382056 frs-core:CurrentFinancialInstruments 1 2024-12-31 12382056 frs-countries:EnglandWales 2024-01-01 2024-12-31 12382056 2022-12-31 12382056 2023-12-31 12382056 2023-01-01 2023-12-31 12382056 frs-core:CurrentFinancialInstruments 2023-12-31 12382056 frs-core:ShareCapital 2023-12-31 12382056 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12382056 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 12382056
Disc Security Controls Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
More Than Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12382056
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48,560 81,158
48,560 81,158
CURRENT ASSETS
Debtors 5 32,545 48,359
Cash at bank and in hand 609,451 510,772
641,996 559,131
Creditors: Amounts Falling Due Within One Year 6 (99,529 ) (128,043 )
NET CURRENT ASSETS (LIABILITIES) 542,467 431,088
TOTAL ASSETS LESS CURRENT LIABILITIES 591,027 512,246
NET ASSETS 591,027 512,246
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 591,025 512,244
SHAREHOLDERS' FUNDS 591,027 512,246
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 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 Eric Kelsall
Director
25/06/2025
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
Disc Security Controls Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12382056 . The registered office is 100 Lees Road, Lancashire, Oldham, Lancashire, OL4 1JN.
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%
Motor Vehicles 20%
Fixtures & Fittings 20%
Computer Equipment 25%
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 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: 4 (2023: 4)
4 4
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 875 152,808 2,777 5,622 162,082
As at 31 December 2024 875 152,808 2,777 5,622 162,082
Depreciation
As at 1 January 2024 602 76,804 1,037 2,481 80,924
Provided during the period 218 30,562 694 1,124 32,598
As at 31 December 2024 820 107,366 1,731 3,605 113,522
Net Book Value
As at 31 December 2024 55 45,442 1,046 2,017 48,560
As at 1 January 2024 273 76,004 1,740 3,141 81,158
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 28,989 44,803
Other debtors 3,556 3,556
32,545 48,359
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,442 68,487
Corporation tax 71,131 49,614
Other taxes and social security 4,070 3,670
VAT 9,920 1,198
Other creditors 119 1,731
Pensions Payable 795 (85 )
Directors' loan accounts 4,052 3,428
99,529 128,043
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3