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 07560026 Dr Karen Dickens Mr Hendrik De Villiers Ferreira iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07560026 2023-12-31 07560026 2024-12-31 07560026 2024-01-01 2024-12-31 07560026 frs-core:CurrentFinancialInstruments 2024-12-31 07560026 frs-core:Non-currentFinancialInstruments 2024-12-31 07560026 frs-core:FurnitureFittings 2024-12-31 07560026 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07560026 frs-core:FurnitureFittings 2023-12-31 07560026 frs-core:NetGoodwill 2024-12-31 07560026 frs-core:NetGoodwill 2024-01-01 2024-12-31 07560026 frs-core:NetGoodwill 2023-12-31 07560026 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 07560026 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 07560026 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 07560026 frs-core:MotorVehicles 2024-12-31 07560026 frs-core:MotorVehicles 2024-01-01 2024-12-31 07560026 frs-core:MotorVehicles 2023-12-31 07560026 frs-core:ShareCapital 2024-12-31 07560026 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07560026 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07560026 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07560026 frs-bus:SmallEntities 2024-01-01 2024-12-31 07560026 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07560026 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07560026 frs-bus:Director1 2024-01-01 2024-12-31 07560026 frs-bus:Director1 2023-12-31 07560026 frs-bus:Director1 2024-12-31 07560026 frs-bus:Director2 2024-01-01 2024-12-31 07560026 frs-core:CurrentFinancialInstruments 1 2024-12-31 07560026 frs-countries:EnglandWales 2024-01-01 2024-12-31 07560026 2022-12-31 07560026 2023-12-31 07560026 2023-01-01 2023-12-31 07560026 frs-core:CurrentFinancialInstruments 2023-12-31 07560026 frs-core:Non-currentFinancialInstruments 2023-12-31 07560026 frs-core:ShareCapital 2023-12-31 07560026 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07560026 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 07560026
De Villiers South West Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07560026
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 126,921 150,713
126,921 150,713
CURRENT ASSETS
Stocks 6 16,959 11,134
Debtors 7 22,251 23,228
Cash at bank and in hand 25,649 39,114
64,859 73,476
Creditors: Amounts Falling Due Within One Year 8 (213,805 ) (168,373 )
NET CURRENT ASSETS (LIABILITIES) (148,946 ) (94,897 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,025 ) 55,816
Creditors: Amounts Falling Due After More Than One Year 9 (11,724 ) (20,007 )
NET (LIABILITIES)/ASSETS (33,749 ) 35,809
CAPITAL AND RESERVES
Called up share capital 10 124,170 124,170
Profit and Loss Account (157,919 ) (88,361 )
SHAREHOLDERS' FUNDS (33,749) 35,809
Page 1
Page 2
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
Dr Karen Dickens
Director
13th June 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
De Villiers South West Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07560026 . The registered office is 6 Trevose Lodge , Constantine Bay, Padstow, PL28 8JB.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Leasehold Period of the lease
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
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: 44 (2023: 43)
44 43
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 60,000
As at 31 December 2024 60,000
Amortisation
As at 1 January 2024 60,000
As at 31 December 2024 60,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 228,594 4,500 118,543 351,637
Additions - 2,500 6,926 9,426
Disposals - (4,500 ) - (4,500 )
As at 31 December 2024 228,594 2,500 125,469 356,563
Depreciation
As at 1 January 2024 105,982 1,319 93,623 200,924
Provided during the period 22,851 260 6,926 30,037
Disposals - (1,319 ) - (1,319 )
As at 31 December 2024 128,833 260 100,549 229,642
Net Book Value
As at 31 December 2024 99,761 2,240 24,920 126,921
As at 1 January 2024 122,612 3,181 24,920 150,713
6. Stocks
2024 2023
as restated
£ £
Stock 16,959 11,134
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7. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 6,008 11,185
Card processing debtor 8,666 5,203
Other Debtors 3,786 4,444
Directors' loan accounts 3,791 2,396
22,251 23,228
8. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 71,399 74,196
Other taxes and social security 5,083 7,483
VAT 32,318 40,656
Net wages 5,719 5,416
Credit card 175 101
Accruals and deferred income 50,318 40,521
Directors' loan accounts 48,793 -
213,805 168,373
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bounce Back Loan 11,724 20,007
10. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 124,170 124,170
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Hendrik De Villiers Ferreira 2,396 675 - - 3,791
The above loan is unsecured, interest free and repayable on demand.
Page 5