Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 February 2023 false 1 April 2024 31 March 2025 31 March 2025 08377689 Mr Martin Dolan Mrs Louise Dolan Mrs Louise Dolan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08377689 2024-03-31 08377689 2025-03-31 08377689 2024-04-01 2025-03-31 08377689 frs-core:CurrentFinancialInstruments 2025-03-31 08377689 frs-core:Non-currentFinancialInstruments 2025-03-31 08377689 frs-core:ComputerEquipment 2025-03-31 08377689 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08377689 frs-core:ComputerEquipment 2024-03-31 08377689 frs-core:ShareCapital 2025-03-31 08377689 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08377689 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08377689 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08377689 frs-bus:SmallEntities 2024-04-01 2025-03-31 08377689 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08377689 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08377689 frs-bus:Director1 2024-04-01 2025-03-31 08377689 frs-bus:Director2 2024-04-01 2025-03-31 08377689 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 08377689 frs-countries:EnglandWales 2024-04-01 2025-03-31 08377689 2023-01-31 08377689 2024-03-31 08377689 2023-02-01 2024-03-31 08377689 frs-core:CurrentFinancialInstruments 2024-03-31 08377689 frs-core:Non-currentFinancialInstruments 2024-03-31 08377689 frs-core:ShareCapital 2024-03-31 08377689 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08377689
D B Homes Lincoln Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Mumby Heppenstall
Chartered Accountants
Wellingore Hall
Wellingore
Lincoln
LN5 0HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08377689
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 430 580
Investment Properties 5 345,000 345,000
345,430 345,580
CURRENT ASSETS
Stocks 6 449,084 234,206
Debtors 7 25,000 25,000
Cash at bank and in hand 17,038 1,532
491,122 260,738
Creditors: Amounts Falling Due Within One Year 8 (120,063 ) (137,562 )
NET CURRENT ASSETS (LIABILITIES) 371,059 123,176
TOTAL ASSETS LESS CURRENT LIABILITIES 716,489 468,756
Creditors: Amounts Falling Due After More Than One Year 9 (769,507 ) (484,607 )
NET LIABILITIES (53,018 ) (15,851 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (53,020 ) (15,853 )
SHAREHOLDERS' FUNDS (53,018) (15,851)
Page 1
Page 2
For the year ending 31 March 2025 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 Martin Dolan
Director
28th August 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
D B Homes Lincoln Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08377689 . The registered office is 38a Lincoln Road, Skellingthorpe, Lincoln, LN6 5UU.
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. 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:
Computer Equipment 25% on cost
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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: NIL (2024: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 830
As at 31 March 2025 830
Depreciation
As at 1 April 2024 250
Provided during the period 150
As at 31 March 2025 400
Net Book Value
As at 31 March 2025 430
As at 1 April 2024 580
5. Investment Property
31 March 2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 345,000
Page 3
Page 4
6. Stocks
31 March 2025 31 March 2024
£ £
Work in progress 449,084 234,206
7. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Amounts owed by associates 25,000 25,000
8. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Accruals and deferred income 480 480
Directors' loan accounts 119,583 137,082
120,063 137,562
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 March 2024
£ £
Bank loans 769,507 484,607
10. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4