Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01606188 Mr C J Young Mr N F Young iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01606188 2024-03-31 01606188 2025-03-31 01606188 2024-04-01 2025-03-31 01606188 frs-core:CurrentFinancialInstruments 2025-03-31 01606188 frs-core:Non-currentFinancialInstruments 2025-03-31 01606188 frs-core:FurnitureFittings 2025-03-31 01606188 frs-core:FurnitureFittings 2024-04-01 2025-03-31 01606188 frs-core:FurnitureFittings 2024-03-31 01606188 frs-core:MotorVehicles 2025-03-31 01606188 frs-core:MotorVehicles 2024-04-01 2025-03-31 01606188 frs-core:MotorVehicles 2024-03-31 01606188 frs-core:WithinOneYear 2025-03-31 01606188 frs-core:ShareCapital 2025-03-31 01606188 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01606188 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01606188 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01606188 frs-bus:SmallEntities 2024-04-01 2025-03-31 01606188 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01606188 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01606188 frs-bus:Director1 2024-04-01 2025-03-31 01606188 frs-bus:Director1 2024-03-31 01606188 frs-bus:Director1 2025-03-31 01606188 frs-bus:Director2 2024-04-01 2025-03-31 01606188 frs-bus:Director2 2024-03-31 01606188 frs-bus:Director2 2025-03-31 01606188 frs-countries:EnglandWales 2024-04-01 2025-03-31 01606188 2023-03-31 01606188 2024-03-31 01606188 2023-04-01 2024-03-31 01606188 frs-core:CurrentFinancialInstruments 2024-03-31 01606188 frs-core:Non-currentFinancialInstruments 2024-03-31 01606188 frs-core:BetweenOneFiveYears 2024-03-31 01606188 frs-core:MotorVehicles 2023-04-01 2024-03-31 01606188 frs-core:WithinOneYear 2024-03-31 01606188 frs-core:ShareCapital 2024-03-31 01606188 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 01606188
Designed Storage Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01606188
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,703 47,732
25,703 47,732
CURRENT ASSETS
Stocks 5 56,572 77,756
Debtors 6 85,726 294,941
Cash at bank and in hand 249,887 354,380
392,185 727,077
Creditors: Amounts Falling Due Within One Year 7 (111,362 ) (430,130 )
NET CURRENT ASSETS (LIABILITIES) 280,823 296,947
TOTAL ASSETS LESS CURRENT LIABILITIES 306,526 344,679
Creditors: Amounts Falling Due After More Than One Year 8 - (7,131 )
NET ASSETS 306,526 337,548
CAPITAL AND RESERVES
Called up share capital 10 1,500 1,500
Profit and Loss Account 305,026 336,048
SHAREHOLDERS' FUNDS 306,526 337,548
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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 C J Young
Director
29th October 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Designed Storage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01606188 . The registered office is 139-141 Watling Street, Gillingham, Kent, ME7 2YY.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.
Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
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.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
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2.7. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Debtors
 Short term debtors are measured at ransaction price, less impairment.
2.10. Cash and cash equivalents
Cah is represented by cash in hand and deposits with financial institutions.
2.11. Creditors
Short term creditors are measured at the transaction price.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 151,232 6,147 157,379
Additions - 5,210 5,210
As at 31 March 2025 151,232 11,357 162,589
Depreciation
As at 1 April 2024 103,500 6,147 109,647
Provided during the period 25,936 1,303 27,239
As at 31 March 2025 129,436 7,450 136,886
Net Book Value
As at 31 March 2025 21,796 3,907 25,703
As at 1 April 2024 47,732 - 47,732
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Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 18,325 42,013
5. Stocks
2025 2024
£ £
Stock 9,265 10,265
Work in progress 47,307 67,491
56,572 77,756
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 66,676 238,059
Other debtors 19,050 56,882
85,726 294,941
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 7,131 18,788
Trade creditors 49,519 187,851
Other creditors 3,411 143,410
Taxation and social security 51,301 80,081
111,362 430,130
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 7,131
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,131 18,788
Later than one year and not later than five years - 7,131
7,131 25,919
7,131 25,919
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10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,500 1,500
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Christopher Young 20,797 26,099 41,500 - 5,396
Mr Nicholas Young 1,215 - 1,215 - -
The above loan is unsecured, interest free and repayable on demand.  The overdrawn directors current accounts were cleared on 30/09/2024.
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