Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09291327 Mr Harmandeep Singh Mrs Bakshish Uppal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09291327 2022-11-30 09291327 2023-11-30 09291327 2022-12-01 2023-11-30 09291327 frs-core:CurrentFinancialInstruments 2023-11-30 09291327 frs-core:Non-currentFinancialInstruments 2023-11-30 09291327 frs-core:FurnitureFittings 2023-11-30 09291327 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09291327 frs-core:FurnitureFittings 2022-11-30 09291327 frs-core:NetGoodwill 2023-11-30 09291327 frs-core:NetGoodwill 2022-12-01 2023-11-30 09291327 frs-core:NetGoodwill 2022-11-30 09291327 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 09291327 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09291327 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 09291327 frs-core:MotorVehicles 2023-11-30 09291327 frs-core:MotorVehicles 2022-12-01 2023-11-30 09291327 frs-core:MotorVehicles 2022-11-30 09291327 frs-core:PlantMachinery 2022-12-01 2023-11-30 09291327 frs-core:ShareCapital 2023-11-30 09291327 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09291327 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09291327 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09291327 frs-bus:SmallEntities 2022-12-01 2023-11-30 09291327 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09291327 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09291327 frs-bus:Director1 2022-12-01 2023-11-30 09291327 frs-bus:Director2 2022-12-01 2023-11-30 09291327 frs-core:CurrentFinancialInstruments 1 2023-11-30 09291327 frs-countries:EnglandWales 2022-12-01 2023-11-30 09291327 2021-11-30 09291327 2022-11-30 09291327 2021-12-01 2022-11-30 09291327 frs-core:CurrentFinancialInstruments 2022-11-30 09291327 frs-core:Non-currentFinancialInstruments 2022-11-30 09291327 frs-core:ShareCapital 2022-11-30 09291327 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09291327 frs-core:CurrentFinancialInstruments 1 2022-11-30
Registered number: 09291327
Dhillon Care Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09291327
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 93,000 100,750
Tangible Assets 5 339,608 346,266
432,608 447,016
CURRENT ASSETS
Cash at bank and in hand 25,077 102,224
25,077 102,224
Creditors: Amounts Falling Due Within One Year 6 (64,208 ) (116,323 )
NET CURRENT ASSETS (LIABILITIES) (39,131 ) (14,099 )
TOTAL ASSETS LESS CURRENT LIABILITIES 393,477 432,917
Creditors: Amounts Falling Due After More Than One Year 7 (208,731 ) (252,877 )
NET ASSETS 184,746 180,040
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 184,646 179,940
SHAREHOLDERS' FUNDS 184,746 180,040
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 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 Harmandeep Singh
Director
24/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dhillon Care Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09291327 . The registered office is 4 Station Avenue, Tile Hill, Coventry, CV4 9HS.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Freehold NIL
Plant & Machinery 10% SLM
Motor Vehicles 20% SLM
Fixtures & Fittings 10% SLM Page
2.5. 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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3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2022: 25)
27 25
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 155,000
As at 30 November 2023 155,000
Amortisation
As at 1 December 2022 54,250
Provided during the period 7,750
As at 30 November 2023 62,000
Net Book Value
As at 30 November 2023 93,000
As at 1 December 2022 100,750
5. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2022 320,000 40,148 67,582 427,730
As at 30 November 2023 320,000 40,148 67,582 427,730
Depreciation
As at 1 December 2022 - 40,248 41,216 81,464
Provided during the period - (100 ) 6,758 6,658
As at 30 November 2023 - 40,148 47,974 88,122
Net Book Value
As at 30 November 2023 320,000 - 19,608 339,608
As at 1 December 2022 320,000 (100 ) 26,366 346,266
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 22,293 16,147
Other taxes and social security 2,904 2,190
Other creditors -Creation.co.uk (1,258 ) (1,258 )
Accruals and deferred income 8,494 8,494
Directors' loan accounts 31,775 90,750
64,208 116,323
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 208,731 252,877
208,731 252,877
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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