Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09175791 Mr. Manoj Dhuna Mrs Sangeeta Dhuna iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09175791 2023-08-31 09175791 2024-08-31 09175791 2023-09-01 2024-08-31 09175791 frs-core:CurrentFinancialInstruments 2024-08-31 09175791 frs-core:ComputerEquipment 2024-08-31 09175791 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09175791 frs-core:ComputerEquipment 2023-08-31 09175791 frs-core:RevaluationReserve 2023-09-01 2024-08-31 09175791 frs-core:RevaluationReserve 2023-08-31 09175791 frs-core:RevaluationReserve 2024-08-31 09175791 frs-core:ShareCapital 2024-08-31 09175791 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09175791 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09175791 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09175791 frs-bus:SmallEntities 2023-09-01 2024-08-31 09175791 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09175791 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09175791 frs-bus:Director1 2023-09-01 2024-08-31 09175791 frs-bus:Director2 2023-09-01 2024-08-31 09175791 frs-countries:EnglandWales 2023-09-01 2024-08-31 09175791 2022-08-31 09175791 2023-08-31 09175791 2022-09-01 2023-08-31 09175791 frs-core:CurrentFinancialInstruments 2023-08-31 09175791 frs-core:RevaluationReserve 2023-08-31 09175791 frs-core:ShareCapital 2023-08-31 09175791 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09175791
Dhuna Properties Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Hennessey & Co
Accountants & Consultants
309 High Road
Benfleet
Essex
SS7 5HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09175791
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 935 1,246
Investment Properties 5 1,273,642 1,273,642
1,274,577 1,274,888
CURRENT ASSETS
Investments 6 78,727 70,000
Cash at bank and in hand 50,492 31,249
129,219 101,249
Creditors: Amounts Falling Due Within One Year 7 (1,088,620 ) (1,068,406 )
NET CURRENT ASSETS (LIABILITIES) (959,401 ) (967,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES 315,176 307,731
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,465 ) -
NET ASSETS 305,711 307,731
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 295,350 282,486
Profit and Loss Account 10,261 25,145
SHAREHOLDERS' FUNDS 305,711 307,731
Page 1
Page 2
For the year ending 31 August 2024 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. Manoj Dhuna
Director
13/09/2024
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
Dhuna Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09175791 . The registered office is 309 High Road, Benfleet, Essex, SS7 5HA.
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. 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 20& Cost
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost or Valuation
As at 1 September 2023 1,558
As at 31 August 2024 1,558
Depreciation
As at 1 September 2023 312
Provided during the period 311
As at 31 August 2024 623
Net Book Value
As at 31 August 2024 935
As at 1 September 2023 1,246
5. Investment Property
2024
£
Fair Value
As at 1 September 2023 1,286,378
Revaluations 12,864
Depreciation and impairment (25,600)
As at 31 August 2024 1,273,642
6. Current Asset Investments
2024 2023
£ £
Short term deposits 78,727 70,000
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 486
Accruals and deferred income 1,620 1,560
Directors' loan accounts 118,229 120,393
Amounts owed to related parties 968,771 945,967
1,088,620 1,068,406
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
9. Reserves
Revaluation Reserve
£
As at 1 September 2023 282,486
Surplus on revaluation 12,864
As at 31 August 2024 295,350
Page 5