Acorah Software Products - Accounts Production 16.4.675 false true true 29 February 2024 10 February 2023 false 1 March 2024 28 February 2025 28 February 2025 14653973 Mr Joseph Hobbs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14653973 2024-02-29 14653973 2025-02-28 14653973 2024-03-01 2025-02-28 14653973 frs-core:CurrentFinancialInstruments 2025-02-28 14653973 frs-core:ShareCapital 2025-02-28 14653973 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 14653973 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 14653973 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 14653973 frs-bus:SmallEntities 2024-03-01 2025-02-28 14653973 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 14653973 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 14653973 frs-bus:Director1 2024-03-01 2025-02-28 14653973 frs-countries:EnglandWales 2024-03-01 2025-02-28 14653973 2023-02-09 14653973 2024-02-29 14653973 2023-02-10 2024-02-29 14653973 frs-core:CurrentFinancialInstruments 2024-02-29 14653973 frs-core:ShareCapital 2024-02-29 14653973 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 14653973
Design Print and Finishing House Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Accounts by Simply Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14653973
28 February 2025 29 February 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 83,445 57,733
Debtors 5 235,731 103,511
Cash at bank and in hand 10,499 1,246
329,675 162,490
Creditors: Amounts Falling Due Within One Year 6 (428,221 ) (293,075 )
NET CURRENT ASSETS (LIABILITIES) (98,546 ) (130,585 )
TOTAL ASSETS LESS CURRENT LIABILITIES (98,546 ) (130,585 )
NET LIABILITIES (98,546 ) (130,585 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (98,646 ) (130,685 )
SHAREHOLDERS' FUNDS (98,546) (130,585)
For the year ending 28 February 2025 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 Joseph Hobbs
Director
29/07/2025
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
Design Print and Finishing House Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14653973 . The registered office is Unit 15 Runwell Hall Farm Hoe Lane, Rettendon Common, Chelmsford, Essex, CM3 8DQ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 the 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 12)
13 12
4. Stocks
28 February 2025 29 February 2024
£ £
Stock 24,500 15,000
Work in progress 58,945 42,733
83,445 57,733
Page 2
Page 3
5. Debtors
28 February 2025 29 February 2024
£ £
Due within one year
Trade debtors 230,465 35,922
Amounts owed by group undertakings - 66,519
Other debtors 5,266 1,070
235,731 103,511
6. Creditors: Amounts Falling Due Within One Year
28 February 2025 29 February 2024
£ £
Trade creditors 48,314 58,420
Other loans 19,907 41,818
Amounts owed to group undertakings 7,356 -
Other creditors 301,108 157,423
Taxation and social security 51,536 35,414
428,221 293,075
Other creditors includes balances owed to directors at the year-end date of £128,457 (2024: £123,432).
8. Share Capital
28 February 2025 29 February 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3