Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 31 August 2021 false 1 September 2022 31 August 2023 31 August 2023 SC708079 Mr Mark William REDDIN Ms Toni Emma BROE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC708079 2022-08-31 SC708079 2023-08-31 SC708079 2022-09-01 2023-08-31 SC708079 frs-core:CurrentFinancialInstruments 2023-08-31 SC708079 frs-core:Non-currentFinancialInstruments 2023-08-31 SC708079 frs-core:ComputerEquipment 2023-08-31 SC708079 frs-core:ComputerEquipment 2022-09-01 2023-08-31 SC708079 frs-core:ComputerEquipment 2022-08-31 SC708079 frs-core:FurnitureFittings 2023-08-31 SC708079 frs-core:FurnitureFittings 2022-09-01 2023-08-31 SC708079 frs-core:FurnitureFittings 2022-08-31 SC708079 frs-core:ShareCapital 2023-08-31 SC708079 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC708079 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 SC708079 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 SC708079 frs-bus:SmallEntities 2022-09-01 2023-08-31 SC708079 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 SC708079 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 SC708079 frs-bus:Director1 2022-09-01 2023-08-31 SC708079 frs-bus:Director2 2022-09-01 2023-08-31 SC708079 frs-core:Non-currentFinancialInstruments 1 2023-08-31 SC708079 frs-core:CurrentFinancialInstruments 2 2023-08-31 SC708079 frs-countries:Scotland 2022-09-01 2023-08-31 SC708079 2021-08-30 SC708079 2022-08-31 SC708079 2021-08-31 2022-08-31 SC708079 frs-core:CurrentFinancialInstruments 2022-08-31 SC708079 frs-core:Non-currentFinancialInstruments 2022-08-31 SC708079 frs-core:ShareCapital 2022-08-31 SC708079 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 SC708079 frs-core:Non-currentFinancialInstruments 1 2022-08-31 SC708079 frs-core:CurrentFinancialInstruments 2 2022-08-31
Registered number: SC708079
DAHN WOODY HOMES LTD
Unaudited Financial Statements
For The Year Ended 31 August 2023
More Than Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC708079
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,101 16,614
Investment Properties 5 335,288 335,288
346,389 351,902
CURRENT ASSETS
Debtors 6 3,572 -
Cash at bank and in hand 213 3,473
3,785 3,473
Creditors: Amounts Falling Due Within One Year 7 (187,624 ) (160,961 )
NET CURRENT ASSETS (LIABILITIES) (183,839 ) (157,488 )
TOTAL ASSETS LESS CURRENT LIABILITIES 162,550 194,414
Creditors: Amounts Falling Due After More Than One Year 8 (221,490 ) (221,490 )
NET LIABILITIES (58,940 ) (27,076 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (58,942 ) (27,078 )
SHAREHOLDERS' FUNDS (58,940) (27,076)
Page 1
Page 2
For the year ending 31 August 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 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.
The financial statements were approved by the board of directors on 31 May 2024 and were signed on its behalf by:
Mr Mark William REDDIN
Director
31/05/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DAHN WOODY HOMES LTD is a private company, limited by shares, incorporated in Scotland, registered number SC708079 . The registered office is Gilmore House, Perth Road,Blairgowrie, Blairgowrie, Perthshire, PH10 6EJ.
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:
Fixtures & Fittings 33.33% Reducing Balance Basis
Computer Equipment 25% Reducing Balance Basis
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2022 24,476 395 24,871
As at 31 August 2023 24,476 395 24,871
Depreciation
As at 1 September 2022 8,158 99 8,257
Provided during the period 5,439 74 5,513
As at 31 August 2023 13,597 173 13,770
Net Book Value
As at 31 August 2023 10,879 222 11,101
As at 1 September 2022 16,318 296 16,614
Page 3
Page 4
5. Investment Property
2023
£
Fair Value
As at 1 September 2022 and 31 August 2023 335,288
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 3,572 -
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Capital On Tap 3,262 -
Accruals and deferred income 1,188 594
Directors' loan accounts 183,174 160,367
187,624 160,961
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Mortgage Loan - 51 New Wynd 122,995 122,995
Mortgage Loan - 14 Bank Street 98,495 98,495
221,490 221,490
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 4