Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10025704 Thomas Forsyth Thomas Forsyth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10025704 2024-03-31 10025704 2025-03-31 10025704 2024-04-01 2025-03-31 10025704 frs-core:CurrentFinancialInstruments 2025-03-31 10025704 frs-core:Non-currentFinancialInstruments 2025-03-31 10025704 frs-core:BetweenOneFiveYears 2025-03-31 10025704 frs-core:ComputerEquipment 2025-03-31 10025704 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10025704 frs-core:ComputerEquipment 2024-03-31 10025704 frs-core:MotorVehicles 2025-03-31 10025704 frs-core:MotorVehicles 2024-04-01 2025-03-31 10025704 frs-core:MotorVehicles 2024-03-31 10025704 frs-core:PlantMachinery 2025-03-31 10025704 frs-core:PlantMachinery 2024-04-01 2025-03-31 10025704 frs-core:PlantMachinery 2024-03-31 10025704 frs-core:ShareCapital 2025-03-31 10025704 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10025704 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10025704 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10025704 frs-bus:SmallEntities 2024-04-01 2025-03-31 10025704 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10025704 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10025704 frs-bus:Director1 2024-04-01 2025-03-31 10025704 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 10025704 frs-countries:EnglandWales 2024-04-01 2025-03-31 10025704 2023-03-31 10025704 2024-03-31 10025704 2023-04-01 2024-03-31 10025704 frs-core:CurrentFinancialInstruments 2024-03-31 10025704 frs-core:Non-currentFinancialInstruments 2024-03-31 10025704 frs-core:BetweenOneFiveYears 2024-03-31 10025704 frs-core:ShareCapital 2024-03-31 10025704 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10025704
Siam Construction Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Mazuma
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10025704
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,970 2,585
29,970 2,585
CURRENT ASSETS
Stocks 5 20,000 20,000
Debtors 6 21,143 39,705
Cash at bank and in hand 9 3,073
41,152 62,778
Creditors: Amounts Falling Due Within One Year 7 (30,088 ) (47,925 )
NET CURRENT ASSETS (LIABILITIES) 11,064 14,853
TOTAL ASSETS LESS CURRENT LIABILITIES 41,034 17,438
Creditors: Amounts Falling Due After More Than One Year 8 (40,081 ) (35,594 )
NET ASSETS/(LIABILITIES) 953 (18,156 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 853 (18,256 )
SHAREHOLDERS' FUNDS 953 (18,156)
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 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
Thomas Forsyth
Director
02/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Siam Construction Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10025704 . The registered office is Dragon House Princes Way, Bridgend Industrial Estate, Bridgend, CF31 3AQ.
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% Straight Line
Motor Vehicles 33% Straight Line
Computer Equipment 33% Straight Line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 26,583 3,000 1,666 31,249
Additions 1,485 33,820 - 35,305
As at 31 March 2025 28,068 36,820 1,666 66,554
Depreciation
As at 1 April 2024 26,398 600 1,666 28,664
Provided during the period 556 7,364 - 7,920
As at 31 March 2025 26,954 7,964 1,666 36,584
Net Book Value
As at 31 March 2025 1,114 28,856 - 29,970
As at 1 April 2024 185 2,400 - 2,585
5. Stocks
2025 2024
£ £
Stock 20,000 20,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,582 14,000
Other debtors 14,561 25,705
21,143 39,705
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 13,834 30,885
Bank loans and overdrafts 12,916 14,136
Other creditors 578 2,904
Taxation and social security 2,760 -
30,088 47,925
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,667 2,595
Bank loans 30,414 32,999
40,081 35,594
Page 4
Page 5
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 9,667 2,595
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5