Acorah Software Products - Accounts Production 15.0.400 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 08508418 Mr Dilipkumar Prajapat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08508418 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-10-31 08508418 2022-10-31 08508418 2023-10-31 08508418 2022-11-01 2023-10-31 08508418 frs-core:Non-currentFinancialInstruments 2023-10-31 08508418 frs-core:FurnitureFittings 2023-10-31 08508418 frs-core:FurnitureFittings 2022-11-01 2023-10-31 08508418 frs-core:FurnitureFittings 2022-10-31 08508418 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 08508418 frs-core:InvestmentPropertyIncludedWithinPPE 2022-10-31 08508418 frs-core:ShareCapital 2023-10-31 08508418 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08508418 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08508418 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08508418 frs-bus:SmallEntities 2022-11-01 2023-10-31 08508418 frs-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 08508418 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08508418 frs-bus:Director1 2022-11-01 2023-10-31 08508418 frs-countries:EnglandWales 2022-11-01 2023-10-31 08508418 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2022-10-31 08508418 2021-10-31 08508418 2022-10-31 08508418 2021-11-01 2022-10-31 08508418 frs-core:Non-currentFinancialInstruments 2022-10-31 08508418 frs-core:ShareCapital 2022-10-31 08508418 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 08508418
UKDP Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Director Mr Dilipkumar Prajapat
Company Number 08508418
Registered Office Lalita Buildings
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Accountants Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Page 1
Page 2
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of UKDP Limited For The Year Ended 31 October 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of UKDP Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of UKDP Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of UKDP Limited and state those matters that we have agreed to state to the director of UKDP Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than UKDP Limited and its director as a body for our work or for this report.
It is your duty to ensure that UKDP Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of UKDP Limited . You consider that UKDP Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of UKDP Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
25 July 2024
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Page 2
Page 3
Balance Sheet
Registered number: 08508418
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 420,975 331,332
420,975 331,332
CURRENT ASSETS
Debtors 271 -
Cash at bank and in hand 12,113 40,879
12,384 40,879
Creditors: Amounts Falling Due Within One Year 5 (145,459 ) (93,839 )
NET CURRENT ASSETS (LIABILITIES) (133,075 ) (52,960 )
TOTAL ASSETS LESS CURRENT LIABILITIES 287,900 278,372
Creditors: Amounts Falling Due After More Than One Year 6 (289,476 ) (281,045 )
NET LIABILITIES (1,576 ) (2,673 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,676 ) (2,773 )
SHAREHOLDERS' FUNDS (1,576) (2,673)
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Page 4
For the year ending 31 October 2023 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 Dilipkumar Prajapat
Director
25 July 2024
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
UKDP Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08508418 . The registered office is Lalita Buildings, 378 Walsall Road, Perry Barr, Birmingham, B42 2LX.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Fixtures & Fittings 25 % Reducing Balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Taxation
The tax currently payable is based on taxable profit for the year. 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 asset reflects 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
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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.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2022 329,827 7,789 337,616
Additions 90,019 - 90,019
As at 31 October 2023 419,846 7,789 427,635
Depreciation
As at 1 November 2022 - 6,284 6,284
Provided during the period - 376 376
As at 31 October 2023 - 6,660 6,660
Net Book Value
As at 31 October 2023 419,846 1,129 420,975
As at 1 November 2022 329,827 1,505 331,332
There has been no change in the valuation of the investment property at year end as the director believes this to be an appropriate value for the rental market in the area where the property is situated.
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 145,459 93,839
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 289,476 281,045
Of the creditors falling due after more than one year the following amounts are due after more than five years.
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Page 7
2023 2022
£ £
Bank loans 289,476 281,045
7. Secured Creditors
Of the creditors falling due within and after more than one year the following amount is secured with a fixed charge on the investment property. 
2023 2022
£ £
Bank loans and overdrafts 289,476 281,045
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The opening balance on the director's current account was £90,284. The total debits and credits in the director's current account were £7,070 (2022 - £9,147) and £60,270 (2022 - £500) respectively. The balance at 31 October 2023 was £143,484.
Page 7