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 05887312 Mr A P Milner Mrs J J Stanley Miss D M Turner Mr P T Windsor Mrs L Milner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05887312 2022-12-31 05887312 2023-12-31 05887312 2023-01-01 2023-12-31 05887312 frs-core:CurrentFinancialInstruments 2023-12-31 05887312 frs-core:Non-currentFinancialInstruments 2023-12-31 05887312 frs-core:ComputerEquipment 2023-12-31 05887312 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05887312 frs-core:ComputerEquipment 2022-12-31 05887312 frs-core:PlantMachinery 2023-12-31 05887312 frs-core:PlantMachinery 2023-01-01 2023-12-31 05887312 frs-core:PlantMachinery 2022-12-31 05887312 frs-core:SharePremium 2023-12-31 05887312 frs-core:ShareCapital 2023-12-31 05887312 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05887312 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05887312 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05887312 frs-bus:SmallEntities 2023-01-01 2023-12-31 05887312 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05887312 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05887312 frs-core:CostValuation 2022-12-31 05887312 frs-core:CostValuation 2023-12-31 05887312 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 05887312 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 05887312 frs-bus:Director1 2023-01-01 2023-12-31 05887312 frs-bus:Director2 2023-01-01 2023-12-31 05887312 frs-bus:Director3 2023-01-01 2023-12-31 05887312 frs-bus:Director4 2023-01-01 2023-12-31 05887312 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 05887312 frs-countries:EnglandWales 2023-01-01 2023-12-31 05887312 2021-12-31 05887312 2022-12-31 05887312 2022-01-01 2022-12-31 05887312 frs-core:CurrentFinancialInstruments 2022-12-31 05887312 frs-core:Non-currentFinancialInstruments 2022-12-31 05887312 frs-core:SharePremium 2022-12-31 05887312 frs-core:ShareCapital 2022-12-31 05887312 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
DNAstream Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05887312
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,810 13,909
Investments 5 10 10
7,820 13,919
CURRENT ASSETS
Debtors 6 526,196 800,757
Cash at bank and in hand 552,138 608,942
1,078,334 1,409,699
Creditors: Amounts Falling Due Within One Year 7 (730,273 ) (843,222 )
NET CURRENT ASSETS (LIABILITIES) 348,061 566,477
TOTAL ASSETS LESS CURRENT LIABILITIES 355,881 580,396
Creditors: Amounts Falling Due After More Than One Year 8 (73,526 ) (147,505 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,953 ) (2,642 )
NET ASSETS 280,402 430,249
CAPITAL AND RESERVES
Called up share capital 9 139 139
Share premium account 57,475 57,475
Profit and Loss Account 222,788 372,635
SHAREHOLDERS' FUNDS 280,402 430,249
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 A P Milner
Director
20 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
DNAstream Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05887312 . The registered office is Surrey Technology Centre, 40 Occam Road, Surrey Research Park, Guildford, Surrey, GU2 7YG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 form 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 stated at cost less depreciation. 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 33% on cost
Computer Equipment 33% on cost
2.4. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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.
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 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.
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 asset reflects 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
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
The average number of employees, including directors, during the year was  21 (2022: 24)
21 24
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 3,089 37,004 40,093
Additions - 2,578 2,578
Disposals - (13,753 ) (13,753 )
As at 31 December 2023 3,089 25,829 28,918
Depreciation
As at 1 January 2023 1,716 24,468 26,184
Provided during the period 1,030 7,647 8,677
Disposals - (13,753 ) (13,753 )
As at 31 December 2023 2,746 18,362 21,108
Net Book Value
As at 31 December 2023 343 7,467 7,810
As at 1 January 2023 1,373 12,536 13,909
5. Investments
Subsidiaries
£
Cost
As at 1 January 2023 10
As at 31 December 2023 10
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 10
As at 1 January 2023 10
Page 4
Page 5
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 410,827 564,562
Other debtors 115,369 236,195
526,196 800,757
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 48,399 124,685
Bank loans and overdrafts 73,979 65,371
Other creditors 405,468 386,131
Taxation and social security 202,427 267,035
730,273 843,222
Included within Other creditors above are unsecured loans from the director(s) of £210,000 (2022 - £260,000 ). These loans are repayable on demand, and interest is charged at a rate of up to 15% per annum, at the discretion of the director(s). 
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 73,526 147,505
73,526 147,505
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 139 139
Page 5