Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 SC453277 Mr David Nicoll Mrs Carol Nicoll iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC453277 2023-06-30 SC453277 2024-06-30 SC453277 2023-07-01 2024-06-30 SC453277 frs-core:CurrentFinancialInstruments 2024-06-30 SC453277 frs-core:Non-currentFinancialInstruments 2024-06-30 SC453277 frs-core:BetweenOneFiveYears 2024-06-30 SC453277 frs-core:ComputerEquipment 2024-06-30 SC453277 frs-core:ComputerEquipment 2023-07-01 2024-06-30 SC453277 frs-core:ComputerEquipment 2023-06-30 SC453277 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 SC453277 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC453277 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 SC453277 frs-core:PlantMachinery 2024-06-30 SC453277 frs-core:PlantMachinery 2023-07-01 2024-06-30 SC453277 frs-core:PlantMachinery 2023-06-30 SC453277 frs-core:WithinOneYear 2024-06-30 SC453277 frs-core:ShareCapital 2024-06-30 SC453277 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC453277 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC453277 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC453277 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC453277 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC453277 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC453277 frs-bus:Director1 2023-07-01 2024-06-30 SC453277 frs-bus:Director2 2023-07-01 2024-06-30 SC453277 frs-countries:Scotland 2023-07-01 2024-06-30 SC453277 2022-06-30 SC453277 2023-06-30 SC453277 2022-07-01 2023-06-30 SC453277 frs-core:CurrentFinancialInstruments 2023-06-30 SC453277 frs-core:Non-currentFinancialInstruments 2023-06-30 SC453277 frs-core:BetweenOneFiveYears 2023-06-30 SC453277 frs-core:WithinOneYear 2023-06-30 SC453277 frs-core:ShareCapital 2023-06-30 SC453277 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: SC453277
Dcnic Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
J Coleman & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC453277
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 152,990 180,502
152,990 180,502
CURRENT ASSETS
Stocks 5 56,000 69,113
Debtors 6 117,129 124,155
Cash at bank and in hand 24,037 1,230
197,166 194,498
Creditors: Amounts Falling Due Within One Year 7 (211,178 ) (220,886 )
NET CURRENT ASSETS (LIABILITIES) (14,012 ) (26,388 )
TOTAL ASSETS LESS CURRENT LIABILITIES 138,978 154,114
Creditors: Amounts Falling Due After More Than One Year 8 (92,740 ) (144,282 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (2,853 ) -
Deferred Taxation (9,061 ) (9,061 )
NET ASSETS 34,324 771
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 34,322 769
SHAREHOLDERS' FUNDS 34,324 771
Page 1
Page 2
For the year ending 30 June 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 David Nicoll
Director
11/04/2025
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
Dcnic Limited is a private company, limited by shares, incorporated in Scotland, registered number SC453277 . The registered office is Heaton House, Gordon Street, Nairn, Nairnshire, IV12 4DQ.
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:
Freehold 0% reducing balance
Plant & Machinery 25% reducing balance
Computer Equipment 25% reducing balance
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.
Page 3
Page 4
2.6. 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: 16 (2023: 17)
16 17
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 9,000 382,430 2,334 393,764
Additions - 31,020 466 31,486
Disposals - (11,000 ) - (11,000 )
As at 30 June 2024 9,000 402,450 2,800 414,250
Depreciation
As at 1 July 2023 - 211,104 2,158 213,262
Provided during the period - 47,837 161 47,998
As at 30 June 2024 - 258,941 2,319 261,260
Net Book Value
As at 30 June 2024 9,000 143,509 481 152,990
As at 1 July 2023 9,000 171,326 176 180,502
5. Stocks
2024 2023
£ £
Materials 47,975 22,745
Work in progress 8,025 46,368
56,000 69,113
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 116,451 110,254
Prepayments and accrued income 678 (566 )
VAT - 14,467
117,129 124,155
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 33,848 33,793
Trade creditors 53,605 65,417
Bank loans and overdrafts - 10,562
Corporation tax 116 116
Other taxes and social security 27,651 12,603
VAT 4,464 -
Net wages 22,145 25,529
Accruals and deferred income 1,400 1,400
Directors' loan accounts 67,949 71,466
211,178 220,886
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 46,136 69,077
Bank loans 46,604 75,205
92,740 144,282
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 33,848 33,793
Later than one year and not later than five years 46,136 69,077
79,984 102,870
79,984 102,870
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5