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 07882815 Mr Christopher Burrow Mr Michael Burrow Mr Paul Lyndon-Hogg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07882815 2024-03-31 07882815 2025-03-31 07882815 2024-04-01 2025-03-31 07882815 frs-core:CurrentFinancialInstruments 2025-03-31 07882815 frs-core:Non-currentFinancialInstruments 2025-03-31 07882815 frs-core:BetweenOneFiveYears 2025-03-31 07882815 frs-core:ComputerEquipment 2025-03-31 07882815 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07882815 frs-core:ComputerEquipment 2024-03-31 07882815 frs-core:FurnitureFittings 2025-03-31 07882815 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07882815 frs-core:FurnitureFittings 2024-03-31 07882815 frs-core:MotorVehicles 2025-03-31 07882815 frs-core:MotorVehicles 2024-04-01 2025-03-31 07882815 frs-core:MotorVehicles 2024-03-31 07882815 frs-core:PlantMachinery 2025-03-31 07882815 frs-core:PlantMachinery 2024-04-01 2025-03-31 07882815 frs-core:PlantMachinery 2024-03-31 07882815 frs-core:WithinOneYear 2025-03-31 07882815 frs-core:ShareCapital 2025-03-31 07882815 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07882815 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07882815 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07882815 frs-bus:SmallEntities 2024-04-01 2025-03-31 07882815 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07882815 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07882815 frs-bus:Director1 2024-04-01 2025-03-31 07882815 frs-bus:Director2 2024-04-01 2025-03-31 07882815 frs-bus:Director3 2024-04-01 2025-03-31 07882815 frs-countries:EnglandWales 2024-04-01 2025-03-31 07882815 2023-03-31 07882815 2024-03-31 07882815 2023-04-01 2024-03-31 07882815 frs-core:CurrentFinancialInstruments 2024-03-31 07882815 frs-core:Non-currentFinancialInstruments 2024-03-31 07882815 frs-core:BetweenOneFiveYears 2024-03-31 07882815 frs-core:WithinOneYear 2024-03-31 07882815 frs-core:ShareCapital 2024-03-31 07882815 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07882815
Property Services-Sds Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
FB Accounting Ltd t/a Futureproof Accounting
57b Commercial Street Rothwell
Leeds
West Yorkshire
LS26 0QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07882815
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,112 42,381
52,112 42,381
CURRENT ASSETS
Stocks 5 78,000 102,775
Debtors 6 41,114 46,463
Cash at bank and in hand (2,755 ) 48,162
116,359 197,400
Creditors: Amounts Falling Due Within One Year 7 (149,814 ) (141,805 )
NET CURRENT ASSETS (LIABILITIES) (33,455 ) 55,595
TOTAL ASSETS LESS CURRENT LIABILITIES 18,657 97,976
Creditors: Amounts Falling Due After More Than One Year 8 (7,499 ) (22,248 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,901 ) (8,052 )
NET ASSETS 1,257 67,676
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 1,157 67,576
SHAREHOLDERS' FUNDS 1,257 67,676
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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 Christopher Burrow
Director
Mr Paul Lyndon-Hogg
Director
03/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Property Services-Sds Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07882815 . The registered office is Abs House Unit 6 Abs Business Park, Viaduct Street, Leeds, West Yorkshire, LS28 6AU.
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% RB
Motor Vehicles 25% RB
Fixtures & Fittings 25% RB
Computer Equipment 33.33% SL
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: 23 (2024: 17)
23 17
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 7,751 181,125 4,541 4,319 197,736
Additions 1,851 24,000 1,275 563 27,689
Disposals - (9,349 ) - - (9,349 )
As at 31 March 2025 9,602 195,776 5,816 4,882 216,076
Depreciation
As at 1 April 2024 5,397 141,613 4,026 4,319 155,355
Provided during the period 1,052 15,747 447 186 17,432
Disposals - (8,823 ) - - (8,823 )
As at 31 March 2025 6,449 148,537 4,473 4,505 163,964
Net Book Value
As at 31 March 2025 3,153 47,239 1,343 377 52,112
As at 1 April 2024 2,354 39,512 515 - 42,381
5. Stocks
2025 2024
£ £
Stock 8,000 4,775
Work in progress 70,000 98,000
78,000 102,775
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6. Debtors
2025 2024
£ £
Due within one year
Other debtors 41,114 46,463
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,749 4,749
Trade creditors - 45,600
Bank loans and overdrafts 73,808 10,000
Other creditors 25,865 28,800
Taxation and social security 45,392 52,656
149,814 141,805
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,832 10,581
Bank loans 1,667 11,667
7,499 22,248
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,749 4,749
Later than one year and not later than five years 5,832 10,581
10,581 15,330
10,581 15,330
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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