Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07497295 Mr R J van Eyken Mrs L Y van Eyken Mr W C Bolter Mr R Daynes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07497295 2023-03-31 07497295 2024-03-31 07497295 2023-04-01 2024-03-31 07497295 frs-core:CurrentFinancialInstruments 2024-03-31 07497295 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07497295 frs-core:PlantMachinery 2024-03-31 07497295 frs-core:PlantMachinery 2023-04-01 2024-03-31 07497295 frs-core:PlantMachinery 2023-03-31 07497295 frs-core:ShareCapital 2024-03-31 07497295 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07497295 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07497295 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07497295 frs-bus:SmallEntities 2023-04-01 2024-03-31 07497295 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07497295 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07497295 frs-bus:Director1 2023-04-01 2024-03-31 07497295 frs-bus:Director2 2023-04-01 2024-03-31 07497295 frs-bus:Director3 2023-04-01 2024-03-31 07497295 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 07497295 frs-countries:EnglandWales 2023-04-01 2024-03-31 07497295 2022-03-31 07497295 2023-03-31 07497295 2022-04-01 2023-03-31 07497295 frs-core:CurrentFinancialInstruments 2023-03-31 07497295 frs-core:ShareCapital 2023-03-31 07497295 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Daynes And Co Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07497295
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 - 295
Debtors 6 12,120 5,326
Cash at bank and in hand 1,003 3,253
13,123 8,874
Creditors: Amounts Falling Due Within One Year 7 (12,978 ) (8,719 )
NET CURRENT ASSETS (LIABILITIES) 145 155
TOTAL ASSETS LESS CURRENT LIABILITIES 145 155
NET ASSETS 145 155
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 45 55
SHAREHOLDERS' FUNDS 145 155
For the year ending 31 March 2024 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 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 R J van Eyken
Director
19 August 2024
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Daynes And Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07497295 . The registered office is Mill House Liphook Road, Shottermill, Haslemere, Surrey, GU27 3QE.
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.
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 rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
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 25% straight line
Computer Equipment 33% straight line
2.4. 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.
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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 year 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 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.
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.
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2.7. Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 557
As at 31 March 2024 557
Depreciation
As at 1 April 2023 557
As at 31 March 2024 557
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Stocks
2024 2023
£ £
Work in progress - 295
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,628 2,163
Amounts owed by group undertakings 975 975
Other debtors 7,517 2,188
12,120 5,326
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,463 1,166
Amounts owed to participating interests 8,869 5,101
Other creditors - 1,001
Taxation and social security 1,646 1,451
12,978 8,719
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Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Parent Company
Revel Accountants Limited (incorporated in England and Wales) is regarded by the directors as being the company's immediate and ultimate controlling party.
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