Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 August 2021 false 1 January 2023 31 December 2023 31 December 2023 07711804 Mr Graeme Symon Mr Mark Winkler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07711804 2022-12-31 07711804 2023-12-31 07711804 2023-01-01 2023-12-31 07711804 frs-core:CurrentFinancialInstruments 2023-12-31 07711804 frs-core:Non-currentFinancialInstruments 2023-12-31 07711804 frs-core:ComputerEquipment 2023-12-31 07711804 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07711804 frs-core:ComputerEquipment 2022-12-31 07711804 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 07711804 frs-core:FurnitureFittings 2023-12-31 07711804 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07711804 frs-core:FurnitureFittings 2022-12-31 07711804 frs-core:MotorVehicles 2023-01-01 2023-12-31 07711804 frs-core:PlantMachinery 2023-12-31 07711804 frs-core:PlantMachinery 2023-01-01 2023-12-31 07711804 frs-core:PlantMachinery 2022-12-31 07711804 frs-core:ShareCapital 2023-12-31 07711804 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07711804 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07711804 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07711804 frs-bus:SmallEntities 2023-01-01 2023-12-31 07711804 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07711804 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07711804 frs-bus:Director1 2023-01-01 2023-12-31 07711804 frs-bus:Director2 2023-01-01 2023-12-31 07711804 frs-core:CurrentFinancialInstruments 1 2023-12-31 07711804 frs-countries:EnglandWales 2023-01-01 2023-12-31 07711804 2021-07-31 07711804 2022-12-31 07711804 2021-08-01 2022-12-31 07711804 frs-core:CurrentFinancialInstruments 2022-12-31 07711804 frs-core:Non-currentFinancialInstruments 2022-12-31 07711804 frs-core:ShareCapital 2022-12-31 07711804 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 07711804 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 07711804
Dotnetpages Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07711804
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 10,520 4,451
10,520 4,451
CURRENT ASSETS
Debtors 6 753,757 490,810
Cash at bank and in hand 25,047 25,431
778,804 516,241
Creditors: Amounts Falling Due Within One Year 7 (1,698,432 ) (442,973 )
NET CURRENT ASSETS (LIABILITIES) (919,628 ) 73,268
TOTAL ASSETS LESS CURRENT LIABILITIES (909,108 ) 77,719
Creditors: Amounts Falling Due After More Than One Year 8 (73,333 ) (113,333 )
NET LIABILITIES (982,441 ) (35,614 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement (982,541 ) (35,714 )
SHAREHOLDERS' FUNDS (982,441) (35,614)
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 Income Statement.
On behalf of the board
Mr Mark Winkler
Director
13th September 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
Dotnetpages Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07711804 . The registered office is 15 Parsons Court, Aycliffe Business Park, Newton Aycliffe, Co. Durham, DL5 6ZE.
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.
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 - Other Intangible
Other intangible assets are a platform being built. It is amortised to income statement over its estimated economic life of 20 years once the project has been completed.
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:
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.6. 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 years 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 assets reflect 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2022: 16)
19 16
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 6,167 3,029 22,837 32,033
Additions - - 11,111 11,111
As at 31 December 2023 6,167 3,029 33,948 43,144
Depreciation
As at 1 January 2023 6,167 3,029 18,386 27,582
Provided during the period - - 5,042 5,042
As at 31 December 2023 6,167 3,029 23,428 32,624
Net Book Value
As at 31 December 2023 - - 10,520 10,520
As at 1 January 2023 - - 4,451 4,451
6. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 229,816 58,071
Prepayments and accrued income 53,008 11,629
Corporation tax recoverable assets - 133,095
Amounts owed by other participating interests 470,933 288,015
753,757 490,810
7. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 136,295 63,900
Bank loans and overdrafts 40,000 40,000
Other taxes and social security 22,308 36,078
VAT 49,540 46,475
Other creditors. 20,315 153,180
Pensions payable 6,862 2,544
Accruals and deferred income 55,070 38,796
Amounts owed to other participating interests 1,368,042 62,000
1,698,432 442,973
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 December 2022
£ £
Bank loans 73,333 113,333
9. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5