Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 true No description of principal activity 1 January 2023 31 December 2023 31 December 2023 11042361 Mohamed Adow Brendan DeMelle Rosalind Donald Sophie Marjanac Christopher Shaw Richard Folland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11042361 2022-12-31 11042361 2023-12-31 11042361 2023-01-01 2023-12-31 11042361 frs-core:CurrentFinancialInstruments 2023-12-31 11042361 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11042361 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 11042361 frs-bus:FullAccounts 2023-01-01 2023-12-31 11042361 frs-bus:SmallEntities 2023-01-01 2023-12-31 11042361 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11042361 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11042361 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-01-01 2023-12-31 11042361 frs-bus:Director1 2023-01-01 2023-12-31 11042361 frs-bus:Director2 2023-01-01 2023-12-31 11042361 frs-bus:Director3 2023-01-01 2023-12-31 11042361 frs-bus:Director4 2023-01-01 2023-12-31 11042361 frs-bus:Director5 2023-01-01 2023-12-31 11042361 frs-bus:Director6 2023-01-01 2023-12-31 11042361 frs-core:CurrentFinancialInstruments 1 2023-12-31 11042361 frs-countries:EnglandWales 2023-01-01 2023-12-31 11042361 2021-12-31 11042361 2022-12-31 11042361 2022-01-01 2022-12-31 11042361 frs-core:CurrentFinancialInstruments 2022-12-31 11042361 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 11042361 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 11042361
Desmog UK Limited
Directors' Report and
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Company Information 1
Directors' Report 2—3
Accountant's Report 4
Income and Expenditure Account 5
Balance Sheet 6—7
Notes to the Financial Statements 8—9
Page 1
Company Information
Directors Mohamed Adow
Brendan DeMelle
Rosalind Donald
Sophie Marjanac
Christopher Shaw
Richard Folland
Company Number 11042361
Registered Office 5 Brayford Square
London
E1 0SG
Accountants Third Sector Accountancy Limited
Chartered Accountants and Registered Auditors
Holyoake House
Hanover Street
Manchester
M60 0AS
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Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2023.
Directors
The directors who held office during the year were as follows:
Mohamed Adow
Brendan DeMelle
Rosalind Donald
Sophie Marjanac
Christopher Shaw
Richard Folland
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Brendan DeMelle
Director
02/08/2024
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Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Desmog UK Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Desmog UK Limited for the year ended 31 December 2023 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Desmog UK Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Desmog UK Limited and state those matters that we have agreed to state to the directors of Desmog UK Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Desmog UK Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Desmog UK 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 Desmog UK Limited . You consider that Desmog UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Desmog UK 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
04/08/2024
Third Sector Accountancy Limited
Chartered Accountants and Registered Auditors
Holyoake House
Hanover Street
Manchester
M60 0AS
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Income and Expenditure Account
2023 2022
Notes £ £
TURNOVER 625,312 586,594
GROSS SURPLUS 625,312 586,594
Administrative expenses (607,325 ) (431,772 )
Other operating income 5,000 5,000
OPERATING SURPLUS 22,987 159,822
Interest payable and similar charges (654 ) -
SURPLUS FOR THE FINANCIAL YEAR 22,333 159,822
The notes on pages 8 to 9 form part of these financial statements.
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Balance Sheet
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 5 68,372 101,691
Cash at bank and in hand 292,960 216,735
361,332 318,426
Creditors: Amounts Falling Due Within One Year 6 (159,823 ) (139,250 )
NET CURRENT ASSETS (LIABILITIES) 201,509 179,176
TOTAL ASSETS LESS CURRENT LIABILITIES 201,509 179,176
NET ASSETS 201,509 179,176
Income and Expenditure Account 201,509 179,176
MEMBERS' FUNDS 201,509 179,176
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For the year ending 31 December 2023 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Brendan DeMelle
Director
02/08/2024
The notes on pages 8 to 9 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Desmog UK Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11042361 . The registered office is 5 Brayford Square, London, E1 0SG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The company is a public benefit entity in terms of FRS102.
2.2. Turnover
Turnover includes grants received and receivable.
2.3. 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 surplus.
2.4. Government Grant
Grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
2.5. True and fair override - non government grants
During the period the company received non-government grants in advance totalling £148,319. According to Section PBE34.67 of FRS102, it is not permitted for a public benefit entity to use the accruals model for a non-government grant. The underlying substance of the non-government grants received in the period is the same as government grants, and so the directors have chosen to override PBE34.67 in order to show a true and fair view, and account for the non-government grants on the accruals basis, on the same basis as government grants.
The directors confirm that the accounts show a true and fair view.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2022: 7)
8 7
4. Income from Joseph Rowntree Charitable Trust
In the financial year Desmog UK Limited received £64,215 from the Joseph Rowntree Charitable Trust.
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 29,650 -
Prepayments and accrued income 38,722 101,691
68,372 101,691
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 647 3,323
Other taxes and social security 9,417 8,351
Net wages - 197
Deferred grant income 148,319 122,339
Accruals and deferred income 1,440 5,040
159,823 139,250
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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