Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06773741 Mr David Gilmore Mrs Toni Gilmore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06773741 2022-12-31 06773741 2023-12-31 06773741 2023-01-01 2023-12-31 06773741 frs-core:CurrentFinancialInstruments 2023-12-31 06773741 frs-core:Non-currentFinancialInstruments 2023-12-31 06773741 frs-core:FurnitureFittings 2023-12-31 06773741 frs-core:FurnitureFittings 2023-01-01 2023-12-31 06773741 frs-core:FurnitureFittings 2022-12-31 06773741 frs-core:PlantMachinery 2023-12-31 06773741 frs-core:PlantMachinery 2023-01-01 2023-12-31 06773741 frs-core:PlantMachinery 2022-12-31 06773741 frs-core:ShareCapital 2023-12-31 06773741 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06773741 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06773741 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06773741 frs-bus:SmallEntities 2023-01-01 2023-12-31 06773741 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06773741 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06773741 frs-core:ListedExchangeTraded 2023-12-31 06773741 frs-core:ListedExchangeTraded 2022-12-31 06773741 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-12-31 06773741 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 06773741 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-12-31 06773741 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 06773741 frs-bus:Director1 2023-01-01 2023-12-31 06773741 frs-bus:Director2 2023-01-01 2023-12-31 06773741 frs-core:CurrentFinancialInstruments 1 2023-12-31 06773741 frs-core:Non-currentFinancialInstruments 1 2023-12-31 06773741 frs-core:CurrentFinancialInstruments 2 2023-12-31 06773741 frs-countries:EnglandWales 2023-01-01 2023-12-31 06773741 2021-12-31 06773741 2022-12-31 06773741 2022-01-01 2022-12-31 06773741 frs-core:CurrentFinancialInstruments 2022-12-31 06773741 frs-core:Non-currentFinancialInstruments 2022-12-31 06773741 frs-core:ShareCapital 2022-12-31 06773741 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 06773741 frs-core:CurrentFinancialInstruments 1 2022-12-31 06773741 frs-core:Non-currentFinancialInstruments 1 2022-12-31 06773741 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 06773741
Delta:Signet Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06773741
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,142 5,176
Investments 5 49,230 49,230
53,372 54,406
CURRENT ASSETS
Debtors 6 158,581 13,838
Cash at bank and in hand 1,040 1,263
159,621 15,101
Creditors: Amounts Falling Due Within One Year 7 (86,981 ) (25,802 )
NET CURRENT ASSETS (LIABILITIES) 72,640 (10,701 )
TOTAL ASSETS LESS CURRENT LIABILITIES 126,012 43,705
NET ASSETS 126,012 43,705
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 125,912 43,605
SHAREHOLDERS' FUNDS 126,012 43,705
Page 1
Page 2
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 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 David Gilmore
Director
12/08/2024
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
Delta:Signet Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06773741 . The registered office is 11 Devonshire Street , Penrith, Cumbria, CA11 7SR.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance basis
Fixtures & Fittings 20% reducing balance basis
2.4. 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 profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 13,758 1,793 15,551
As at 31 December 2023 13,758 1,793 15,551
...CONTINUED
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Depreciation
As at 1 January 2023 9,182 1,193 10,375
Provided during the period 914 120 1,034
As at 31 December 2023 10,096 1,313 11,409
Net Book Value
As at 31 December 2023 3,662 480 4,142
As at 1 January 2023 4,576 600 5,176
5. Investments
Listed
£
Cost
As at 1 January 2023 49,230
As at 31 December 2023 49,230
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 49,230
As at 1 January 2023 49,230
The above investments represent:

  • Ordinary shares in GapSat Development Limited. (A company registered in the British Virgin Islands)
  • Ordinary shares in Methera Global Communication Limited.
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 129,978 -
Methera expenses control account 4 4
Gapsat Expenses 15,729 10,255
VAT 398 204
146,109 10,463
Due after more than one year
Loan to Methera Global Communications 3,375 3,375
Loan to GapSat 9,097 -
12,472 3,375
158,581 13,838
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 10,082 -
Other taxes and social security 4,510 -
Net wages 19,490 -
American express credit card 66 -
Accruals and deferred income 735 730
Directors' loan accounts 52,098 25,072
86,981 25,802
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5