Acorah Software Products - Accounts Production 15.0.600 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09935204 Mr Jatinder Kalar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09935204 2023-01-31 09935204 2024-01-31 09935204 2023-02-01 2024-01-31 09935204 frs-core:CurrentFinancialInstruments 2024-01-31 09935204 frs-core:Non-currentFinancialInstruments 2024-01-31 09935204 frs-core:ShareCapital 2024-01-31 09935204 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09935204 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09935204 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09935204 frs-bus:SmallEntities 2023-02-01 2024-01-31 09935204 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09935204 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09935204 frs-bus:Director1 2023-02-01 2024-01-31 09935204 frs-countries:EnglandWales 2023-02-01 2024-01-31 09935204 2022-01-31 09935204 2023-01-31 09935204 2022-02-01 2023-01-31 09935204 frs-core:CurrentFinancialInstruments 2023-01-31 09935204 frs-core:Non-currentFinancialInstruments 2023-01-31 09935204 frs-core:ShareCapital 2023-01-31 09935204 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09935204
Daljo Developments Ltd
Financial Statements
For The Year Ended 31 January 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Daljo Developments Ltd for the year ended 31 January 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Daljo Developments Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Daljo Developments Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Daljo Developments Ltd and state those matters that we have agreed to state to the director of Daljo Developments Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Daljo Developments Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Daljo Developments Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Daljo Developments Ltd . You consider that Daljo Developments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Daljo Developments Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
CKR
26 September 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Balance Sheet
Registered number: 09935204
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 293,994 293,994
293,994 293,994
CURRENT ASSETS
Debtors 4 - 1,269
Cash at bank and in hand 847 1,946
847 3,215
Creditors: Amounts Falling Due Within One Year 5 (250,564 ) (261,931 )
NET CURRENT ASSETS (LIABILITIES) (249,717 ) (258,716 )
TOTAL ASSETS LESS CURRENT LIABILITIES 44,277 35,278
Creditors: Amounts Falling Due After More Than One Year 6 (31,350 ) (33,624 )
NET ASSETS 12,927 1,654
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 12,827 1,554
SHAREHOLDERS' FUNDS 12,927 1,654
Page 2
Page 3
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jatinder Kalar
Director
26 September 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Daljo Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09935204 . The registered office is C K R House, 70 East Hill, Dartford, Kent, DA1 1RZ.
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 the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.
At the balance sheet date, the company’s liability for the period ended 31 January 2021 exceeds its assets. The director of the company has sought assurance from the creditors that their debts will not be called in within the next twelve months.
The director has therefore deemed it appropriate that the financial statements be prepared on the going concern basis.
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:
2.4. 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.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
Page 4
Page 5
4. Debtors
2024 2023
£ £
Due within one year
Other debtors - 1,269
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,955 10,000
Corporation tax 4,246 1,560
Other creditors 170,000 170,000
Accruals and deferred income 6,180 4,620
Director's loan account 63,183 75,751
250,564 261,931
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 31,350 33,624
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5