Acorah Software Products - Accounts Production 16.6.950 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 11197182 Mr J Briggs Mr D Briggs Mrs N Briggs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11197182 2024-06-30 11197182 2025-06-30 11197182 2024-07-01 2025-06-30 11197182 frs-core:CurrentFinancialInstruments 2025-06-30 11197182 frs-core:Non-currentFinancialInstruments 2025-06-30 11197182 frs-core:BetweenOneFiveYears 2025-06-30 11197182 frs-core:ComputerEquipment 2025-06-30 11197182 frs-core:ComputerEquipment 2024-07-01 2025-06-30 11197182 frs-core:ComputerEquipment 2024-06-30 11197182 frs-core:NetGoodwill 2025-06-30 11197182 frs-core:NetGoodwill 2024-07-01 2025-06-30 11197182 frs-core:NetGoodwill 2024-06-30 11197182 frs-core:MotorVehicles 2025-06-30 11197182 frs-core:MotorVehicles 2024-07-01 2025-06-30 11197182 frs-core:MotorVehicles 2024-06-30 11197182 frs-core:PlantMachinery 2025-06-30 11197182 frs-core:PlantMachinery 2024-07-01 2025-06-30 11197182 frs-core:PlantMachinery 2024-06-30 11197182 frs-core:WithinOneYear 2025-06-30 11197182 frs-core:RevaluationReserve 2024-07-01 2025-06-30 11197182 frs-core:RevaluationReserve 2025-06-30 11197182 frs-core:ShareCapital 2025-06-30 11197182 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 11197182 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 11197182 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 11197182 frs-bus:SmallEntities 2024-07-01 2025-06-30 11197182 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 11197182 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 11197182 frs-bus:Director1 2024-07-01 2025-06-30 11197182 frs-bus:Director2 2024-07-01 2025-06-30 11197182 frs-bus:Director3 2024-07-01 2025-06-30 11197182 frs-countries:EnglandWales 2024-07-01 2025-06-30 11197182 2023-06-30 11197182 2024-06-30 11197182 2023-07-01 2024-06-30 11197182 frs-core:CurrentFinancialInstruments 2024-06-30 11197182 frs-core:Non-currentFinancialInstruments 2024-06-30 11197182 frs-core:BetweenOneFiveYears 2024-06-30 11197182 frs-core:WithinOneYear 2024-06-30 11197182 frs-core:RevaluationReserve 2024-06-30 11197182 frs-core:ShareCapital 2024-06-30 11197182 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 11197182
DM Briggs Transport Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11197182
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 901,365 903,283
901,365 903,283
CURRENT ASSETS
Debtors 6 374,876 231,571
Cash at bank and in hand 12,360 201
387,236 231,772
Creditors: Amounts Falling Due Within One Year 7 (570,570 ) (549,610 )
NET CURRENT ASSETS (LIABILITIES) (183,334 ) (317,838 )
TOTAL ASSETS LESS CURRENT LIABILITIES 718,031 585,445
Creditors: Amounts Falling Due After More Than One Year 8 (646,994 ) (583,463 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,901 ) -
NET ASSETS 59,136 1,982
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 45,582 -
Profit and Loss Account 13,454 1,882
SHAREHOLDERS' FUNDS 59,136 1,982
Page 1
Page 2
For the year ending 30 June 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
Mrs N Briggs
Director
18 November 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
DM Briggs Transport Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11197182 . The registered office is H2 Unit F, Dawkins Road, Poole, Dorset, BH15 4JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of property, plant and equipment and certain financial instruments, 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 4 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at revalued amounts, being fair value at the date of revaluation less subsequent depreciation and impairment. Revaluations are performed with sufficient regularity to ensure that the carrying amount does not differ materially from fair value at the balance sheet date. Independent qualified valuers are used when appropriate. 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 30 to 60 months straight line
Computer Equipment 25% reducing balance
2.5. 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.
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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: 18 (2024: 17)
18 17
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2024 12,000
As at 30 June 2025 12,000
Amortisation
As at 1 July 2024 12,000
As at 30 June 2025 12,000
Net Book Value
As at 30 June 2025 -
As at 1 July 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 July 2024 3,222 1,112,683 4,494 1,120,399
Additions - 55,700 - 55,700
Revaluation - 45,582 - 45,582
As at 30 June 2025 3,222 1,213,965 4,494 1,221,681
...CONTINUED
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Depreciation
As at 1 July 2024 1,850 211,047 4,219 217,116
Provided during the period 343 102,791 66 103,200
As at 30 June 2025 2,193 313,838 4,285 320,316
Net Book Value
As at 30 June 2025 1,029 900,127 209 901,365
As at 1 July 2024 1,372 901,636 275 903,283
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Motor Vehicles
£
Cost 1,168,383
Accumulated depreciation and impairment 359,947
Carrying amount 808,436
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 374,876 231,571
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 206,729 170,886
Trade creditors 76,178 21,615
Bank loans and overdrafts 91,286 293,844
Other creditors 39,130 37,870
Taxation and social security 157,247 25,395
570,570 549,610
Creditors due within one year includes £206,729 (2024: £170,886) in hire purchase liabilities for which security has been given. The hire purchase liabilites are secured over the assets to which they relate.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 495,947 491,632
Bank loans 86,047 81,330
Other loans 65,000 10,501
646,994 583,463
Creditors due after one year includes £495,947 (2024: £491,632) in hire purchase liabilities for which security has been given. The hire purchase liabilites are secured over the assets to which they relate.
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9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 206,729 170,886
Later than one year and not later than five years 495,947 491,632
702,676 662,518
702,676 662,518
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Revaluation Reserve
£
Surplus on revaluation 45,582
As at 30 June 2025 45,582
12. Related Party Transactions
No interest was charged to the company on the oustanding loans owed to the shareholders, directors and associates, at 30 June 2025 the balance of these loans were £65,000.
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