Acorah Software Products - Accounts Production 16.5.460 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05538188 Mr J E Turner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05538188 2023-10-31 05538188 2024-10-31 05538188 2023-11-01 2024-10-31 05538188 frs-core:CurrentFinancialInstruments 2024-10-31 05538188 frs-core:Non-currentFinancialInstruments 2024-10-31 05538188 frs-core:ComputerEquipment 2024-10-31 05538188 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05538188 frs-core:ComputerEquipment 2023-10-31 05538188 frs-core:FurnitureFittings 2024-10-31 05538188 frs-core:FurnitureFittings 2023-11-01 2024-10-31 05538188 frs-core:FurnitureFittings 2023-10-31 05538188 frs-core:MotorVehicles 2024-10-31 05538188 frs-core:MotorVehicles 2023-11-01 2024-10-31 05538188 frs-core:MotorVehicles 2023-10-31 05538188 frs-core:PlantMachinery 2024-10-31 05538188 frs-core:PlantMachinery 2023-11-01 2024-10-31 05538188 frs-core:PlantMachinery 2023-10-31 05538188 frs-core:CapitalRedemptionReserve 2024-10-31 05538188 frs-core:RevaluationReserve 2023-10-31 05538188 frs-core:RevaluationReserve 2024-10-31 05538188 frs-core:ShareCapital 2024-10-31 05538188 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05538188 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05538188 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05538188 frs-bus:SmallEntities 2023-11-01 2024-10-31 05538188 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05538188 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05538188 frs-core:UnlistedNon-exchangeTraded 2024-10-31 05538188 frs-core:UnlistedNon-exchangeTraded 2023-10-31 05538188 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 05538188 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 05538188 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 05538188 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 05538188 frs-bus:Director1 2023-11-01 2024-10-31 05538188 frs-countries:EnglandWales 2023-11-01 2024-10-31 05538188 2022-10-31 05538188 2023-10-31 05538188 2022-11-01 2023-10-31 05538188 frs-core:CurrentFinancialInstruments 2023-10-31 05538188 frs-core:Non-currentFinancialInstruments 2023-10-31 05538188 frs-core:WithinOneYear 2023-10-31 05538188 frs-core:CapitalRedemptionReserve 2023-10-31 05538188 frs-core:RevaluationReserve 2023-10-31 05538188 frs-core:ShareCapital 2023-10-31 05538188 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 05538188
Sd Maintenance Services Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05538188
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 105,837 171,276
Investments 5 2,501 2,501
108,338 173,777
CURRENT ASSETS
Stocks 6 72,000 142,000
Debtors 7 581,245 397,993
Cash at bank and in hand 17,841 40,339
671,086 580,332
Creditors: Amounts Falling Due Within One Year 8 (264,742 ) (370,241 )
NET CURRENT ASSETS (LIABILITIES) 406,344 210,091
TOTAL ASSETS LESS CURRENT LIABILITIES 514,682 383,868
Creditors: Amounts Falling Due After More Than One Year 9 (280,098 ) (192,755 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (20,109 ) (30,814 )
NET ASSETS 214,475 160,299
CAPITAL AND RESERVES
Called up share capital 11 30 30
Revaluation reserve 12 91,433 91,433
Capital redemption reserve 60 60
Profit and Loss Account 122,952 68,776
SHAREHOLDERS' FUNDS 214,475 160,299
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For the year ending 31 October 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 J E Turner
Director
30/10/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Sd Maintenance Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05538188 . The registered office is 45 Caerleon Road, Newport, NP19 7BW.
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:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33% Straight line
The directors revalue Plant and Machinery and Motor Vehicles at 31 October 2021 and annually thereater to reflect their fair value as at each reporting date.
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.
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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: 19 (2023: 20)
19 20
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 November 2023 60,365 355,188 23,108 66,376 505,037
Disposals - (66,807 ) - (13,461 ) (80,268 )
As at 31 October 2024 60,365 288,381 23,108 52,915 424,769
Depreciation
As at 1 November 2023 39,221 215,627 18,539 60,374 333,761
Provided during the period 5,286 28,855 1,142 3,015 38,298
Disposals - (39,681 ) - (13,446 ) (53,127 )
As at 31 October 2024 44,507 204,801 19,681 49,943 318,932
Net Book Value
As at 31 October 2024 15,858 83,580 3,427 2,972 105,837
As at 1 November 2023 21,144 139,561 4,569 6,002 171,276
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5. Investments
Unlisted
£
Cost
As at 1 November 2023 2,501
As at 31 October 2024 2,501
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 2,501
As at 1 November 2023 2,501
6. Stocks
2024 2023
£ £
Stock 72,000 142,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 56,516 60,045
Amounts owed by group undertakings 447,451 19,105
Other debtors 77,278 318,843
581,245 397,993
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 24,985
Trade creditors 97,367 124,537
Bank loans and overdrafts 66,609 81,732
Other creditors 38,173 39,962
Taxation and social security 62,593 99,025
264,742 370,241
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 280,098 192,755
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10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 24,985
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 30 30
12. Reserves
Revaluation Reserve
£
As at 1 November 2023 91,433
As at 31 October 2024 91,433
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