Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 10566146 N Howsley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10566146 2023-01-31 10566146 2024-01-31 10566146 2023-02-01 2024-01-31 10566146 frs-core:CurrentFinancialInstruments 2024-01-31 10566146 frs-core:Non-currentFinancialInstruments 2024-01-31 10566146 frs-core:PlantMachinery 2024-01-31 10566146 frs-core:PlantMachinery 2023-02-01 2024-01-31 10566146 frs-core:PlantMachinery 2023-01-31 10566146 frs-core:ShareCapital 2024-01-31 10566146 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10566146 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10566146 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 10566146 frs-bus:SmallEntities 2023-02-01 2024-01-31 10566146 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10566146 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10566146 frs-bus:Director1 2023-02-01 2024-01-31 10566146 frs-countries:EnglandWales 2023-02-01 2024-01-31 10566146 2022-01-31 10566146 2023-01-31 10566146 2022-02-01 2023-01-31 10566146 frs-core:CurrentFinancialInstruments 2023-01-31 10566146 frs-core:Non-currentFinancialInstruments 2023-01-31 10566146 frs-core:ShareCapital 2023-01-31 10566146 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 10566146
Dansu Discs Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
DIGI Accountancy Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10566146
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,544 3,003
2,544 3,003
CURRENT ASSETS
Debtors 5 4,316 -
Cash at bank and in hand 4,785 449
9,101 449
Creditors: Amounts Falling Due Within One Year 6 (12,935 ) (2,425 )
NET CURRENT ASSETS (LIABILITIES) (3,834 ) (1,976 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,290 ) 1,027
Creditors: Amounts Falling Due After More Than One Year 7 (640 ) -
NET (LIABILITIES)/ASSETS (1,930 ) 1,027
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (1,932 ) 1,025
SHAREHOLDERS' FUNDS (1,930) 1,027
Page 1
Page 2
For the year ending 31 January 2024 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
N Howsley
Director
08/03/2024
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
Dansu Discs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10566146 . The registered office is 6th Floor, Parsonage Chambers, 3 Parsonage, Manchester, M3 2HW.
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. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
There have been no judgements, estimates or assumptions made in the preparation of these 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.
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 20% straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 February 2023 4,827
Additions 883
Revaluation (388 )
As at 31 January 2024 5,322
Depreciation
As at 1 February 2023 1,824
Provided during the period 954
As at 31 January 2024 2,778
Net Book Value
As at 31 January 2024 2,544
As at 1 February 2023 3,003
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 3,680 -
VAT 636 -
4,316 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,128 530
Bank loans and overdrafts 3,948 -
Other loans 953 776
Corporation tax 326 1,119
Other creditors 2,700 -
Accruals and deferred income 3,816 -
Director's loan account 64 -
12,935 2,425
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 640 -
640 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5