Acorah Software Products - Accounts Production 16.8.310 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 05625168 Mr James Setchell Mr James Setchell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05625168 2024-07-31 05625168 2025-07-31 05625168 2024-08-01 2025-07-31 05625168 frs-core:CurrentFinancialInstruments 2025-07-31 05625168 frs-core:Non-currentFinancialInstruments 2025-07-31 05625168 frs-core:NetGoodwill 2025-07-31 05625168 frs-core:NetGoodwill 2024-08-01 2025-07-31 05625168 frs-core:NetGoodwill 2024-07-31 05625168 frs-core:MotorVehicles 2025-07-31 05625168 frs-core:MotorVehicles 2024-08-01 2025-07-31 05625168 frs-core:MotorVehicles 2024-07-31 05625168 frs-core:PlantMachinery 2025-07-31 05625168 frs-core:PlantMachinery 2024-08-01 2025-07-31 05625168 frs-core:PlantMachinery 2024-07-31 05625168 frs-core:ShareCapital 2025-07-31 05625168 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 05625168 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 05625168 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 05625168 frs-bus:SmallEntities 2024-08-01 2025-07-31 05625168 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 05625168 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 05625168 frs-bus:Director1 2024-08-01 2025-07-31 05625168 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 05625168 frs-countries:EnglandWales 2024-08-01 2025-07-31 05625168 2023-07-31 05625168 2024-07-31 05625168 2023-08-01 2024-07-31 05625168 frs-core:CurrentFinancialInstruments 2024-07-31 05625168 frs-core:Non-currentFinancialInstruments 2024-07-31 05625168 frs-core:ShareCapital 2024-07-31 05625168 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 05625168
1st Choice Security Systems Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
1st Choice Security Systems Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
1st Choice Security Systems Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 05625168

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 110,977 |  | 166,552
|  |  | 110,977 |  | 166,552
CURRENT ASSETS
Stocks | 6 | 500 |  | 500 |
Debtors | 7 | 97,555 |  | 218,078 |
Cash at bank and in hand |  | 416,866 |  | 339,213 |
|  | 514,921 |  | 557,791 |
Creditors: Amounts Falling Due Within One Year | 8 | (247,576 ) |  | (198,734 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 267,345 |  | 359,057
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 378,322 |  | 525,609
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (8,212 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 10 |  | - |  | (8,593 )
NET ASSETS |  |  | 378,322 |  | 508,804
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Profit and Loss Account |  |  | 378,222 |  | 508,704
SHAREHOLDERS' FUNDS |  |  | 378,322 |  | 508,804

Page 1
Page 2
1st Choice Security Systems Ltd
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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

Mr James Setchell Director
12/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
1st Choice Security Systems Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
1st Choice Security Systems Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05625168 . The registered office is Unit 7 Barton Industrial Estate, Faldo Road, Bedford, Bedfordshire, England, MK45 4RP.
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. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. 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 | over 4 years
Motor Vehicles | over 4 years

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.
2.7. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Page 3
Page 4
1st Choice Security Systems Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.8. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.9. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 11)
10 11
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 August 2024 | 100,000
As at 31 July 2025 | 100,000
Amortisation
As at 1 August 2024 | 100,000
As at 31 July 2025 | 100,000
Net Book Value
As at 31 July 2025 | -
As at 1 August 2024 | -

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 33,254 | 375,202 | 408,456
As at 31 July 2025 | 33,254 | 375,202 | 408,456
Depreciation
As at 1 August 2024 | 27,485 | 214,419 | 241,904
Provided during the period | 2,676 | 52,899 | 55,575
As at 31 July 2025 | 30,161 | 267,318 | 297,479
Net Book Value
As at 31 July 2025 | 3,093 | 107,884 | 110,977
As at 1 August 2024 | 5,769 | 160,783 | 166,552

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 500 |  | 500

Page 4
Page 5
1st Choice Security Systems Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 78,568 |  | 123,247
Other debtors | 18,987 |  | 94,831
| 97,555 |  | 218,078

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 114,819 |  | 69,384
Bank loans and overdrafts | 8,349 |  | 10,126
Other creditors | 51,783 |  | 61,367
Taxation and social security | 72,625 |  | 57,857
| 247,576 |  | 198,734

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 8,212

10. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | - |  | 8,593

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5