Acorah Software Products - Accounts Production 16.4.675 false true false 31 December 2023 30 December 2024 30 December 2024 11773916 Mr Nick Parr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11773916 2023-12-30 11773916 2024-12-30 11773916 2023-12-31 2024-12-30 11773916 frs-core:CurrentFinancialInstruments 2024-12-30 11773916 frs-core:Non-currentFinancialInstruments 2024-12-30 11773916 frs-core:ComputerEquipment 2024-12-30 11773916 frs-core:ComputerEquipment 2023-12-31 2024-12-30 11773916 frs-core:ComputerEquipment 2023-12-30 11773916 frs-core:FurnitureFittings 2024-12-30 11773916 frs-core:FurnitureFittings 2023-12-31 2024-12-30 11773916 frs-core:FurnitureFittings 2023-12-30 11773916 frs-core:NetGoodwill 2024-12-30 11773916 frs-core:NetGoodwill 2023-12-31 2024-12-30 11773916 frs-core:NetGoodwill 2023-12-30 11773916 frs-core:MotorVehicles 2024-12-30 11773916 frs-core:MotorVehicles 2023-12-31 2024-12-30 11773916 frs-core:MotorVehicles 2023-12-30 11773916 frs-core:ShareCapital 2024-12-30 11773916 frs-core:RetainedEarningsAccumulatedLosses 2024-12-30 11773916 frs-bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-30 11773916 frs-bus:FilletedAccounts 2023-12-31 2024-12-30 11773916 frs-bus:SmallEntities 2023-12-31 2024-12-30 11773916 frs-bus:AuditExempt-NoAccountantsReport 2023-12-31 2024-12-30 11773916 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-30 11773916 frs-bus:Director1 2023-12-31 2024-12-30 11773916 frs-countries:EnglandWales 2023-12-31 2024-12-30
Registered number: 11773916
Closed Door Industries Ltd
Unaudited Financial Statements
For The Year Ended 30 December 2024
Woodville Accountancy
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 11773916
2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 82,245
Tangible Assets 5 179,816
262,061
CURRENT ASSETS
Stocks 6 1,500
Debtors 7 11,981
Cash at bank and in hand 2,721
16,202
Creditors: Amounts Falling Due Within One Year 8 (611,801 )
NET CURRENT ASSETS (LIABILITIES) (595,599 )
TOTAL ASSETS LESS CURRENT LIABILITIES (333,538 )
Creditors: Amounts Falling Due After More Than One Year 9 (31,970 )
NET LIABILITIES (365,508 )
CAPITAL AND RESERVES
Called up share capital 10 100
Profit and Loss Account (365,608 )
SHAREHOLDERS' FUNDS (365,508)
For the year ending 30 December 2024 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 Nick Parr
Director
15/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Closed Door Industries Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11773916 . The registered office is 801 Skyline 1, 50 Goulden Street, Manchester, M4 5EJ.
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 the 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:
Motor Vehicles 15%
Fixtures & Fittings 15%
Computer Equipment 33%
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: 19
19
4. Intangible Assets
Goodwill
£
Cost
As at 31 December 2023 -
Additions 102,806
As at 30 December 2024 102,806
...CONTINUED
Page 2
Page 3
Amortisation
As at 31 December 2023 -
Provided during the period 20,561
As at 30 December 2024 20,561
Net Book Value
As at 30 December 2024 82,245
As at 31 December 2023 -
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 31 December 2023 24,995 147,025 21,250 193,270
Additions - 73,307 7,177 80,484
As at 30 December 2024 24,995 220,332 28,427 273,754
Depreciation
As at 31 December 2023 6,936 32,755 20,518 60,209
Provided during the period 2,709 28,137 2,883 33,729
As at 30 December 2024 9,645 60,892 23,401 93,938
Net Book Value
As at 30 December 2024 15,350 159,440 5,026 179,816
As at 31 December 2023 18,059 114,270 732 133,061
6. Stocks
2024
£
Stock 1,500
7. Debtors
2024
£
Due within one year
Other debtors 11,981
8. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 75,147
Other creditors 450,171
Taxation and social security 86,483
611,801
Page 3
Page 4
9. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 31,970
10. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 4