Acorah Software Products - Accounts Production 15.0.500 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 13026616 Dr Sara Amini Ghazvini iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13026616 2022-11-30 13026616 2023-11-30 13026616 2022-12-01 2023-11-30 13026616 frs-core:CurrentFinancialInstruments 2023-11-30 13026616 frs-core:ComputerEquipment 2023-11-30 13026616 frs-core:ComputerEquipment 2022-12-01 2023-11-30 13026616 frs-core:ComputerEquipment 2022-11-30 13026616 frs-core:FurnitureFittings 2023-11-30 13026616 frs-core:FurnitureFittings 2022-12-01 2023-11-30 13026616 frs-core:FurnitureFittings 2022-11-30 13026616 frs-core:PlantMachinery 2023-11-30 13026616 frs-core:PlantMachinery 2022-12-01 2023-11-30 13026616 frs-core:PlantMachinery 2022-11-30 13026616 frs-core:ShareCapital 2023-11-30 13026616 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13026616 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13026616 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13026616 frs-bus:SmallEntities 2022-12-01 2023-11-30 13026616 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13026616 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13026616 frs-bus:Director1 2022-12-01 2023-11-30 13026616 frs-countries:EnglandWales 2022-12-01 2023-11-30 13026616 2021-11-30 13026616 2022-11-30 13026616 2021-12-01 2022-11-30 13026616 frs-core:CurrentFinancialInstruments 2022-11-30 13026616 frs-core:ShareCapital 2022-11-30 13026616 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 13026616
Dr Sag Ltd
Financial Statements
For The Year Ended 30 November 2023
JUST ACCOUNTS (CARDIFF) LTD
Certified Practicing Accountant
DUNBELLING HOUSE
LLANISHEN
CARDIFF
SOUTH GLAMORGAN
CF14 5DE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13026616
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,521 1,588
3,521 1,588
CURRENT ASSETS
Debtors 5 (1,750 ) (2,166 )
Cash at bank and in hand 297,377 324,376
295,627 322,210
Creditors: Amounts Falling Due Within One Year 6 (69,087 ) (202,175 )
NET CURRENT ASSETS (LIABILITIES) 226,540 120,035
TOTAL ASSETS LESS CURRENT LIABILITIES 230,061 121,623
NET ASSETS 230,061 121,623
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 230,060 121,622
SHAREHOLDERS' FUNDS 230,061 121,623
Page 1
Page 2
For the year ending 30 November 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 her 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
Dr Sara Amini Ghazvini
Director
16 April 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
Dr Sag Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13026616 . The registered office is Dunbelling House , Llanishen, Cardiff, CF14 5DE.
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 20
Fixtures & Fittings 20
Computer Equipment 20
2.4. 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.
...CONTINUED
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2.4. Taxation - continued
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 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 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 80 879 1,336 2,295
Additions - 651 1,810 2,461
As at 30 November 2023 80 1,530 3,146 4,756
Depreciation
As at 1 December 2022 12 193 502 707
Provided during the period 16 215 297 528
As at 30 November 2023 28 408 799 1,235
Net Book Value
As at 30 November 2023 52 1,122 2,347 3,521
As at 1 December 2022 68 686 834 1,588
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors (1,750 ) -
Prepayments and accrued income - (2,166 )
(1,750 ) (2,166 )
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,615 727
Bank loans and overdrafts - 5,028
Corporation tax 30,366 12,511
Net wages 11,340 1,047
Accruals and deferred income 1,854 -
Director's loan account 23,912 182,862
69,087 202,175
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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