Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06576341 Ms Rupinder Bhogal Mr Anders Gaarde Heering Mr Benedict James Hugh Hobson Mr Wai Shin Li true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06576341 2022-12-31 06576341 2023-12-31 06576341 2023-01-01 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 2023-12-31 06576341 frs-core:ComputerEquipment 2023-12-31 06576341 frs-core:ComputerEquipment 2023-01-01 2023-12-31 06576341 frs-core:ComputerEquipment 2022-12-31 06576341 frs-core:FurnitureFittings 2023-12-31 06576341 frs-core:FurnitureFittings 2023-01-01 2023-12-31 06576341 frs-core:FurnitureFittings 2022-12-31 06576341 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 06576341 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 06576341 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 06576341 frs-core:SharePremium 2023-12-31 06576341 frs-core:ShareCapital 2023-12-31 06576341 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06576341 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06576341 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06576341 frs-bus:SmallEntities 2023-01-01 2023-12-31 06576341 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 06576341 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06576341 1 2023-01-01 2023-12-31 06576341 frs-core:UnlistedNon-exchangeTraded 2023-12-31 06576341 frs-core:UnlistedNon-exchangeTraded 2022-12-31 06576341 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 06576341 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 06576341 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 06576341 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 06576341 frs-bus:Director1 2023-01-01 2023-12-31 06576341 frs-bus:Director2 2023-01-01 2023-12-31 06576341 frs-bus:Director3 2023-01-01 2023-12-31 06576341 frs-bus:Director4 2023-01-01 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 1 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 2 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 3 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 4 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 5 2023-12-31 06576341 frs-core:CurrentFinancialInstruments 6 2023-12-31 06576341 frs-countries:EnglandWales 2023-01-01 2023-12-31 06576341 2021-12-31 06576341 2022-12-31 06576341 2022-01-01 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 2022-12-31 06576341 frs-core:SharePremium 2022-12-31 06576341 frs-core:ShareCapital 2022-12-31 06576341 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 1 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 2 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 3 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 4 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 5 2022-12-31 06576341 frs-core:CurrentFinancialInstruments 6 2022-12-31
Registered number: 06576341
Dezeen Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Ashfield Accountancy
C/O Ashfield Accountancy
First Floor, 33 Chertsey Road
Woking
Surrey
GU21 5AJ
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
9 September 2024
Ashfield Accountancy
C/O Ashfield Accountancy
First Floor, 33 Chertsey Road
Woking
Surrey
GU21 5AJ
Page 1
Page 2
Balance Sheet
Registered number: 06576341
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,218 44,126
Investments 5 76 76
60,294 44,202
CURRENT ASSETS
Debtors 6 1,196,375 1,075,368
Cash at bank and in hand 2,384,802 3,431,322
3,581,177 4,506,690
Creditors: Amounts Falling Due Within One Year 7 (2,219,690 ) (2,886,883 )
NET CURRENT ASSETS (LIABILITIES) 1,361,487 1,619,807
TOTAL ASSETS LESS CURRENT LIABILITIES 1,421,781 1,664,009
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,055 ) (8,384 )
NET ASSETS 1,406,726 1,655,625
CAPITAL AND RESERVES
Called up share capital 8 400 400
Share premium account 153,993 153,993
Profit and Loss Account 1,252,333 1,501,232
SHAREHOLDERS' FUNDS 1,406,726 1,655,625
Page 2
Page 3
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
Ms Rupinder Bhogal
Director
Mr Anders Gaarde Heering
Director
9 September 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Dezeen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06576341 . The registered office is 8 Orsman Road, London, N1 5QJ.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision
of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,
returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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:
Leasehold 5 years straight line basis
Fixtures & Fittings 4 years straight line basis
Computer Equipment 4 years straight line basis
2.4. Foreign Currencies
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of
the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the
respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary
items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when
the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
2.5. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that
a change attributable to an item of income or expense recognised as other comprehensive income is also
recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates taxable
income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the
financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered
against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the
reporting date and that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2022: 37)
42 37
Page 4
Page 5
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 46,832 58,633 201,413 306,878
Additions 1,100 1,608 37,441 40,149
Disposals - - (1,399 ) (1,399 )
As at 31 December 2023 47,932 60,241 237,455 345,628
Depreciation
As at 1 January 2023 44,244 57,356 161,152 262,752
Provided during the period 1,124 613 20,921 22,658
As at 31 December 2023 45,368 57,969 182,073 285,410
Net Book Value
As at 31 December 2023 2,564 2,272 55,382 60,218
As at 1 January 2023 2,588 1,277 40,261 44,126
5. Investments
Unlisted
£
Cost
As at 1 January 2023 76
As at 31 December 2023 76
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 76
As at 1 January 2023 76
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 442,346 462,881
Prepayments and accrued income 61,565 41,525
Interco loan to Dezeen Inc 188,119 111,160
Due from JPP 437,437 417,000
Kostick Hanan Herskovic LLP Client Account 41,225 41,225
Employee Cyclescheme Loan Account (16 ) 1,067
...CONTINUED
Page 5
Page 6
Interest recoverable 86 86
Due from Neri&Hu 25,613 -
Net wages - 424
1,196,375 1,075,368
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 344,377 175,049
Bank loans and overdrafts 8,452 8,619
Corporation tax 258,493 231,794
Other taxes and social security 63,665 48,436
VAT 4,694 23,152
Net wages 3 -
HSBC Commercial Card (2,705 ) (2,705 )
US paid family leave - 174
Pension Contributions - 6,654
Creditors 25,513 34,858
Other creditors - JP/Politikens Hus A/S 1,100,000 2,000,000
HSBC Commercial Card (Studio) 45 -
Accruals and deferred income 417,153 360,852
2,219,690 2,886,883
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 400 400
9. Ultimate Controlling Party
The company's ultimate controlling party is JP/Politikens Hus A/S by virtue of it's ownership of 100% of the issued share capital in the company.
Page 6