Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11147174 Miss Rachael Jennings Mr John White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11147174 2024-03-31 11147174 2025-03-31 11147174 2024-04-01 2025-03-31 11147174 frs-core:CurrentFinancialInstruments 2025-03-31 11147174 frs-core:Non-currentFinancialInstruments 2025-03-31 11147174 frs-core:BetweenOneFiveYears 2025-03-31 11147174 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 11147174 frs-core:FurnitureFittings 2025-03-31 11147174 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11147174 frs-core:FurnitureFittings 2024-03-31 11147174 frs-core:MotorVehicles 2025-03-31 11147174 frs-core:MotorVehicles 2024-04-01 2025-03-31 11147174 frs-core:MotorVehicles 2024-03-31 11147174 frs-core:OtherResidualIntangibleAssets 2025-03-31 11147174 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 11147174 frs-core:OtherResidualIntangibleAssets 2024-03-31 11147174 frs-core:PlantMachinery 2025-03-31 11147174 frs-core:PlantMachinery 2024-04-01 2025-03-31 11147174 frs-core:PlantMachinery 2024-03-31 11147174 frs-core:WithinOneYear 2025-03-31 11147174 frs-core:CapitalRedemptionReserve 2025-03-31 11147174 frs-core:ShareCapital 2025-03-31 11147174 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11147174 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11147174 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11147174 frs-bus:SmallEntities 2024-04-01 2025-03-31 11147174 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11147174 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11147174 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 11147174 frs-bus:OrdinaryShareClass2 2025-03-31 11147174 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 11147174 frs-bus:OrdinaryShareClass3 2025-03-31 11147174 frs-bus:OrdinaryShareClass4 2024-04-01 2025-03-31 11147174 frs-bus:OrdinaryShareClass4 2025-03-31 11147174 frs-bus:Director1 2024-04-01 2025-03-31 11147174 frs-bus:Director2 2024-04-01 2025-03-31 11147174 frs-countries:EnglandWales 2024-04-01 2025-03-31 11147174 2023-03-31 11147174 2024-03-31 11147174 2023-04-01 2024-03-31 11147174 frs-core:CurrentFinancialInstruments 2024-03-31 11147174 frs-core:Non-currentFinancialInstruments 2024-03-31 11147174 frs-core:BetweenOneFiveYears 2024-03-31 11147174 frs-core:PlantMachinery 2023-04-01 2024-03-31 11147174 frs-core:WithinOneYear 2024-03-31 11147174 frs-core:CapitalRedemptionReserve 2024-03-31 11147174 frs-core:ShareCapital 2024-03-31 11147174 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11147174 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 11147174 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 11147174 frs-bus:OrdinaryShareClass4 2023-04-01 2024-03-31
Registered number: 11147174
Integrated Contracting Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 11147174
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,236 -
Tangible Assets 5 50,268 44,144
55,504 44,144
CURRENT ASSETS
Stocks 6 29,154 30,000
Debtors 7 638,913 739,117
Cash at bank and in hand 12,032 48,507
680,099 817,624
Creditors: Amounts Falling Due Within One Year 8 (356,131 ) (494,058 )
NET CURRENT ASSETS (LIABILITIES) 323,968 323,566
TOTAL ASSETS LESS CURRENT LIABILITIES 379,472 367,710
Creditors: Amounts Falling Due After More Than One Year 9 (159,806 ) (245,694 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (403 ) -
NET ASSETS 219,263 122,016
CAPITAL AND RESERVES
Called up share capital 11 200 200
Capital redemption reserve 25 25
Profit and Loss Account 219,038 121,791
SHAREHOLDERS' FUNDS 219,263 122,016
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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
Miss Rachael Jennings
Director
16/12/2025
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Integrated Contracting Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11147174 . The registered office is Unit 1, Balaclava Industrial Estate, Fishponds, Bristol, BS16 3LJ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Compueter Software. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.4. 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 33% straight line
Motor Vehicles 33% straight line
Fixtures & Fittings 33% straight line
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.
2.6. 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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2.7. 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 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 10)
10 10
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 -
Additions 7,250
As at 31 March 2025 7,250
Amortisation
As at 1 April 2024 -
Provided during the period 2,014
As at 31 March 2025 2,014
Net Book Value
As at 31 March 2025 5,236
As at 1 April 2024 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 10,954 126,762 3,252 140,968
Additions 17,298 17,799 - 35,097
Disposals - (12,800 ) - (12,800 )
As at 31 March 2025 28,252 131,761 3,252 163,265
Depreciation
As at 1 April 2024 8,616 85,091 3,117 96,824
Provided during the period 4,497 21,922 135 26,554
Disposals - (10,381 ) - (10,381 )
As at 31 March 2025 13,113 96,632 3,252 112,997
Net Book Value
As at 31 March 2025 15,139 35,129 - 50,268
As at 1 April 2024 2,338 41,671 135 44,144
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 14,286 -
6. Stocks
2025 2024
£ £
Stock 29,154 30,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 398,659 487,930
Prepayments and accrued income 93,634 99,748
Other debtors 71,615 94,686
Other taxes and social security 74,905 56,653
Called up share capital not paid 100 100
638,913 739,117
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,911 40,434
Trade creditors 126,456 103,900
Bank loans and overdrafts 5,556 5,556
Other loans - 32,116
Corporation tax 58,737 29,942
VAT 9,576 8,567
Other creditors 136,707 272,934
Accruals and deferred income 10,188 609
356,131 494,058
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 13,925 7,990
Bank loans 23,148 28,704
Other creditors 122,733 209,000
159,806 245,694
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,911 40,434
Later than one year and not later than five years 13,925 7,990
22,836 48,424
22,836 48,424
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
130 Ordinary A shares of £ 1 each 130 130
50 Ordinary B shares of £ 1 each 50 50
20 Ordinary C shares of £ 1 each 20 20
200 200
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 9,642 4,804
Later than one year and not later than five years - 9,642
9,642 14,446
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13. Loan Notes
At the end of the year there was a loan note outstanding of £99,000 (2024:£99,000). The loan notes were issued on 31st March 2022 and are due for redemption in April 2025.
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