Acorah Software Products - Accounts Production 16.8.200 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13053049 Mr John Davies Mr Paul Duffy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13053049 2023-12-31 13053049 2024-12-31 13053049 2024-01-01 2024-12-31 13053049 frs-core:CurrentFinancialInstruments 2024-12-31 13053049 frs-core:Non-currentFinancialInstruments 2024-12-31 13053049 frs-core:BetweenOneFiveYears 2024-12-31 13053049 frs-core:ComputerEquipment 2024-12-31 13053049 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13053049 frs-core:ComputerEquipment 2023-12-31 13053049 frs-core:FurnitureFittings 2024-12-31 13053049 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13053049 frs-core:FurnitureFittings 2023-12-31 13053049 frs-core:MotorVehicles 2024-12-31 13053049 frs-core:MotorVehicles 2024-01-01 2024-12-31 13053049 frs-core:MotorVehicles 2023-12-31 13053049 frs-core:PlantMachinery 2024-12-31 13053049 frs-core:PlantMachinery 2024-01-01 2024-12-31 13053049 frs-core:PlantMachinery 2023-12-31 13053049 frs-core:WithinOneYear 2024-12-31 13053049 frs-core:ShareCapital 2024-12-31 13053049 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13053049 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13053049 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13053049 frs-bus:SmallEntities 2024-01-01 2024-12-31 13053049 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13053049 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13053049 frs-bus:Director1 2024-01-01 2024-12-31 13053049 frs-bus:Director2 2024-01-01 2024-12-31 13053049 frs-core:CurrentFinancialInstruments 1 2024-12-31 13053049 frs-core:CurrentFinancialInstruments 2 2024-12-31 13053049 frs-core:CurrentFinancialInstruments 3 2024-12-31 13053049 frs-core:CurrentFinancialInstruments 4 2024-12-31 13053049 frs-countries:EnglandWales 2024-01-01 2024-12-31 13053049 2022-12-31 13053049 2023-12-31 13053049 2023-01-01 2023-12-31 13053049 frs-core:CurrentFinancialInstruments 2023-12-31 13053049 frs-core:Non-currentFinancialInstruments 2023-12-31 13053049 frs-core:BetweenOneFiveYears 2023-12-31 13053049 frs-core:WithinOneYear 2023-12-31 13053049 frs-core:ShareCapital 2023-12-31 13053049 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13053049 frs-core:CurrentFinancialInstruments 1 2023-12-31 13053049 frs-core:CurrentFinancialInstruments 2 2023-12-31 13053049 frs-core:CurrentFinancialInstruments 3 2023-12-31 13053049 frs-core:CurrentFinancialInstruments 4 2023-12-31
Registered number: 13053049
DPS Energy & Heating LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
Accsol
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13053049
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,393 38,506
41,393 38,506
CURRENT ASSETS
Stocks 5 80,000 80,000
Debtors 6 404,681 270,866
Cash at bank and in hand 80,063 154,321
564,744 505,187
Creditors: Amounts Falling Due Within One Year 7 (353,471 ) (324,503 )
NET CURRENT ASSETS (LIABILITIES) 211,273 180,684
TOTAL ASSETS LESS CURRENT LIABILITIES 252,666 219,190
Creditors: Amounts Falling Due After More Than One Year 8 (94,503 ) (80,239 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,405 ) (11,405 )
NET ASSETS 146,758 127,546
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 146,756 127,544
SHAREHOLDERS' FUNDS 146,758 127,546
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Page 2
For the year ending 31 December 2024 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 Paul Duffy
Director
24/10/2025
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
DPS Energy & Heating LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13053049 . The registered office is 11 Sinclair Way, Prescot Business Park, Prescot, Meryside, L3 4QL.
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%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
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: 15 (2023: 11)
15 11
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 32,334 78,245 248 1,887 112,714
Additions - 32,500 - 3,090 35,590
As at 31 December 2024 32,334 110,745 248 4,977 148,304
Depreciation
As at 1 January 2024 24,251 48,352 186 1,419 74,208
Provided during the period 8,083 23,314 62 1,244 32,703
As at 31 December 2024 32,334 71,666 248 2,663 106,911
Net Book Value
As at 31 December 2024 - 39,079 - 2,314 41,393
As at 1 January 2024 8,083 29,893 62 468 38,506
5. Stocks
2024 2023
£ £
Stock 20,000 20,000
Work in progress 60,000 60,000
80,000 80,000
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,668 66,797
Other debtors 3,134 3,292
Retentions Held 160,628 -
CIS Suffered 77,337 32,173
Other debtors (3) 5,000 -
Other debtors (4) 4,742 -
VAT 43,259 -
Net wages 30 -
Directors' loan accounts 64,883 163,603
Amounts owed by group undertakings - 5,001
404,681 270,866
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 11,274 11,274
Trade creditors 158,810 78,699
Bank loans and overdrafts 27,817 3,067
Corporation tax 22,458 16,861
Other taxes and social security 74,790 66,249
VAT - 143,952
Pensions Payable 1,058 (595 )
Other creditors (2) - 1,332
Directors' loan accounts 57,264 3,664
353,471 324,503
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 28,665 14,401
Amounts owed to related parties 65,838 65,838
94,503 80,239
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,274 11,274
Later than one year and not later than five years 28,665 14,401
39,939 25,675
39,939 25,675
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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