Acorah Software Products - Accounts Production 15.0.600 false true 29 September 2022 30 September 2021 false 30 September 2022 28 September 2023 28 September 2023 10754597 Miss Natasha Daniels Mr Mark Daniels iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10754597 2022-09-29 10754597 2023-09-28 10754597 2022-09-30 2023-09-28 10754597 frs-core:CurrentFinancialInstruments 2023-09-28 10754597 frs-core:Non-currentFinancialInstruments 2023-09-28 10754597 frs-core:ComputerEquipment 2023-09-28 10754597 frs-core:ComputerEquipment 2022-09-30 2023-09-28 10754597 frs-core:ComputerEquipment 2022-09-29 10754597 frs-core:SharePremium 2023-09-28 10754597 frs-core:ShareCapital 2023-09-28 10754597 frs-core:RetainedEarningsAccumulatedLosses 2023-09-28 10754597 frs-bus:PrivateLimitedCompanyLtd 2022-09-30 2023-09-28 10754597 frs-bus:FilletedAccounts 2022-09-30 2023-09-28 10754597 frs-bus:SmallEntities 2022-09-30 2023-09-28 10754597 frs-bus:AuditExempt-NoAccountantsReport 2022-09-30 2023-09-28 10754597 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-30 2023-09-28 10754597 frs-bus:Director1 2022-09-30 2023-09-28 10754597 frs-bus:Director1 2022-09-29 10754597 frs-bus:Director1 2023-09-28 10754597 frs-bus:Director2 2022-09-30 2023-09-28 10754597 frs-countries:EnglandWales 2022-09-30 2023-09-28 10754597 2021-09-29 10754597 2022-09-29 10754597 2021-09-30 2022-09-29 10754597 frs-core:CurrentFinancialInstruments 2022-09-29 10754597 frs-core:Non-currentFinancialInstruments 2022-09-29 10754597 frs-core:SharePremium 2022-09-29 10754597 frs-core:ShareCapital 2022-09-29 10754597 frs-core:RetainedEarningsAccumulatedLosses 2022-09-29
Registered number: 10754597
Our Daily Thread Limited
Unaudited Financial Statements
For The Year Ended 28 September 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10754597
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 21,618 35,987
Cash at bank and in hand 24,720 13,440
46,338 49,427
Creditors: Amounts Falling Due Within One Year 6 (45,395 ) (44,485 )
NET CURRENT ASSETS (LIABILITIES) 943 4,942
TOTAL ASSETS LESS CURRENT LIABILITIES 943 4,942
Creditors: Amounts Falling Due After More Than One Year 7 (10,000 ) (14,000 )
NET LIABILITIES (9,057 ) (9,058 )
CAPITAL AND RESERVES
Called up share capital 8 106 106
Share premium account 39,995 39,995
Profit and Loss Account (49,158 ) (49,159 )
SHAREHOLDERS' FUNDS (9,057) (9,058)
Page 1
Page 2
For the year ending 28 September 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
Miss Natasha Daniels
Director
01/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Our Daily Thread Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10754597 . The registered office is 103a Marine Parade, Brighton, BN2 1AT.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 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 25% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 30 September 2022 4,541
As at 28 September 2023 4,541
Depreciation
As at 30 September 2022 4,541
As at 28 September 2023 4,541
Net Book Value
As at 28 September 2023 -
As at 30 September 2022 -
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,709 18,583
Corporation tax recoverable assets 6,981 6,981
Directors' loan accounts 12,928 10,423
21,618 35,987
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 4,000 4,000
Corporation tax 6,728 6,291
Other taxes and social security - 4,858
VAT 31,627 26,296
Other creditors 420 420
Directors' loan accounts 2,620 2,620
45,395 44,485
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 10,000 14,000
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 106 106
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 30 September 2022 Amounts advanced Amounts repaid Amounts written off As at 28 September 2023
£ £ £ £ £
Miss Natasha Daniels 10,423 2,505 - - 12,928
The above loan is unsecured,  interest free and repayable on demand.
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