Acorah Software Products - Accounts Production 14.5.601 false true true false 20 December 2022 31 December 2023 31 December 2023 14550097 Mr Jamie Oborne Mr Edward Blow Dirty Hit Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14550097 2022-12-19 14550097 2023-12-31 14550097 2022-12-20 2023-12-31 14550097 frs-core:CurrentFinancialInstruments 2023-12-31 14550097 frs-core:ShareCapital 2023-12-31 14550097 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14550097 frs-bus:PrivateLimitedCompanyLtd 2022-12-20 2023-12-31 14550097 frs-bus:FilletedAccounts 2022-12-20 2023-12-31 14550097 frs-bus:SmallEntities 2022-12-20 2023-12-31 14550097 frs-bus:AuditExempt-NoAccountantsReport 2022-12-20 2023-12-31 14550097 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-20 2023-12-31 14550097 1 2022-12-20 2023-12-31 14550097 frs-bus:Director1 2022-12-20 2023-12-31 14550097 frs-bus:Director2 2022-12-20 2023-12-31 14550097 frs-countries:EnglandWales 2022-12-20 2023-12-31
Registered number: 14550097
Dirty Hit Merchandise Ltd
Financial Statements
For the Period 20 December 2022 to 31 December 2023
MSE Business Management LLP
Association of Chartered Certified Accountants
1st Floor
104 Oxford Street
London
Greater London
W1D 1LP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14550097
31 December 2023
Notes £ £
CURRENT ASSETS
Debtors 4 606
606
Creditors: Amounts Falling Due Within One Year 5 (3,571 )
NET CURRENT ASSETS (LIABILITIES) (2,965 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,965 )
NET LIABILITIES (2,965 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (3,065 )
SHAREHOLDERS' FUNDS (2,965)
For the period 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 Jamie Oborne
Director
Mr Edward Blow
Director
26/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Dirty Hit Merchandise Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14550097 . The registered office is 1st Floor, 104 Oxford Street, London, Greater London, W1D 1LP.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis which assumes the continuing financial support of the directors and related entities.
2.3. Financial Instruments
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities
Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
2.4. 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.
2.5. Taxation
Corporation tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Debtors
31 December 2023
£
Due within one year
Other debtors 606
5. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 396
Bank loans and overdrafts 35
Amounts owed to participating interests 3,140
3,571
Page 2
Page 3
6. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 100
7. Related Party Transactions
Included in other creditors is an amount owed to Dirty Hit Ltd, a company registered in United Kingdom and in which the directors owns a material interest, of £3,140.
8. Ultimate Controlling Party
The company's ultimate controlling party is Dirty Hit Ltd by virtue of their ownership of 100% of the issued share capital in the company.
Page 3