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 13128537 Victoria Anderson Charlotte Hillenbrand Gail Sulkes Liz Warner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13128537 2022-12-31 13128537 2023-12-31 13128537 2023-01-01 2023-12-31 13128537 frs-core:CurrentFinancialInstruments 2023-12-31 13128537 frs-core:Non-currentFinancialInstruments 2023-12-31 13128537 frs-core:ComputerEquipment 2023-12-31 13128537 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13128537 frs-core:ComputerEquipment 2022-12-31 13128537 frs-core:SharePremium 2023-12-31 13128537 frs-core:ShareCapital 2023-12-31 13128537 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13128537 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13128537 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13128537 frs-bus:SmallEntities 2023-01-01 2023-12-31 13128537 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13128537 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13128537 frs-bus:Director1 2023-01-01 2023-12-31 13128537 frs-bus:Director2 2023-01-01 2023-12-31 13128537 frs-bus:Director3 2023-01-01 2023-12-31 13128537 frs-bus:Director4 2023-01-01 2023-12-31 13128537 frs-core:CurrentFinancialInstruments 1 2023-12-31 13128537 frs-countries:EnglandWales 2023-01-01 2023-12-31 13128537 2021-12-31 13128537 2022-12-31 13128537 2022-01-01 2022-12-31 13128537 frs-core:CurrentFinancialInstruments 2022-12-31 13128537 frs-core:Non-currentFinancialInstruments 2022-12-31 13128537 frs-core:SharePremium 2022-12-31 13128537 frs-core:ShareCapital 2022-12-31 13128537 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 13128537 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 13128537
Different Kind Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Portt & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13128537
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 653 -
653 -
CURRENT ASSETS
Stocks 5 34,337 30,422
Debtors 6 45,196 35,911
Cash at bank and in hand 18,207 17,808
97,740 84,141
Creditors: Amounts Falling Due Within One Year 7 (25,158 ) (26,480 )
NET CURRENT ASSETS (LIABILITIES) 72,582 57,661
TOTAL ASSETS LESS CURRENT LIABILITIES 73,235 57,661
Creditors: Amounts Falling Due After More Than One Year 8 (310,067 ) (421,560 )
NET LIABILITIES (236,832 ) (363,899 )
CAPITAL AND RESERVES
Called up share capital 9 151 5
Share premium account 299,970 -
Profit and Loss Account (536,953 ) (363,904 )
SHAREHOLDERS' FUNDS (236,832) (363,899)
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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
Liz Warner
Director
11/09/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Different Kind Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13128537 . The registered office is Old Rectory, Barton-On-The-Heath, Moreton-In-Marsh, GL56 0PH.
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:
Computer Equipment 25 % Reducing Balance
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 4)
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 -
Additions 696
As at 31 December 2023 696
...CONTINUED
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Depreciation
As at 1 January 2023 -
Provided during the period 43
As at 31 December 2023 43
Net Book Value
As at 31 December 2023 653
As at 1 January 2023 -
5. Stocks
2023 2022
£ £
Finished goods 34,337 30,422
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 44,223 20,042
Prepayments and accrued income 858 15,864
Unpaid Share Capital 115 5
45,196 35,911
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2,041 20,729
Other taxes and social security 1,539 -
VAT 8,618 3,377
Other creditors 2,013 2,374
Accruals and deferred income 10,947 -
25,158 26,480
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 310,067 421,560
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 151 5
10. Related Party Transactions
At the end of the period there was £310,067 (2022 - £421,560) owed to a director, no interest was paid during the year. 
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