Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 02511302 Andrew Hazeldine Michelle Hazeldine iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02511302 2023-07-31 02511302 2024-07-31 02511302 2023-08-01 2024-07-31 02511302 frs-core:CurrentFinancialInstruments 2024-07-31 02511302 frs-core:FurnitureFittings 2024-07-31 02511302 frs-core:FurnitureFittings 2023-08-01 2024-07-31 02511302 frs-core:FurnitureFittings 2023-07-31 02511302 frs-core:MotorVehicles 2024-07-31 02511302 frs-core:MotorVehicles 2023-08-01 2024-07-31 02511302 frs-core:MotorVehicles 2023-07-31 02511302 frs-core:PlantMachinery 2024-07-31 02511302 frs-core:PlantMachinery 2023-08-01 2024-07-31 02511302 frs-core:PlantMachinery 2023-07-31 02511302 frs-core:ShareCapital 2024-07-31 02511302 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 02511302 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 02511302 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 02511302 frs-bus:SmallEntities 2023-08-01 2024-07-31 02511302 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 02511302 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 02511302 frs-bus:Director1 2023-08-01 2024-07-31 02511302 frs-bus:Director1 2023-07-31 02511302 frs-bus:Director1 2024-07-31 02511302 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 02511302 frs-countries:EnglandWales 2023-08-01 2024-07-31 02511302 2022-07-31 02511302 2023-07-31 02511302 2022-08-01 2023-07-31 02511302 frs-core:CurrentFinancialInstruments 2023-07-31 02511302 frs-core:ShareCapital 2023-07-31 02511302 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 02511302
Dovedale Damp Company Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Accountants' Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Dovedale Damp Company Limited for the year ended 31 July 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Dovedale Damp Company Limited which comprise the Income Statement, the Statement of Financial Position 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 Dovedale Damp Company Limited , as a body, in accordance with the terms of our engagement letter dated 10 December 2018. Our work has been undertaken solely to prepare for your approval the accounts of Dovedale Damp Company Limited and state those matters that we have agreed to state to the director of Dovedale Damp Company Limited , 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 Dovedale Damp Company Limited and its director as a body for our work or for this report.
It is your duty to ensure that Dovedale Damp Company Limited 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 Dovedale Damp Company Limited . You consider that Dovedale Damp Company Limited 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 Dovedale Damp Company Limited . 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
Cedar + Co.
09/10/2024
Cedar & Co.
Chartered Certified Accountants
The Greenhouse
106-108 Ashbourne Road
Derby
DE22 3AG
Page 1
Page 2
Statement of Financial Position
Registered number: 02511302
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 10,114 11,450
10,114 11,450
CURRENT ASSETS
Stocks 4 547 547
Debtors 5 30,846 26,474
Cash at bank and in hand 44,137 62,471
75,530 89,492
Creditors: Amounts Falling Due Within One Year 6 (47,828 ) (54,055 )
NET CURRENT ASSETS (LIABILITIES) 27,702 35,437
TOTAL ASSETS LESS CURRENT LIABILITIES 37,816 46,887
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,922 ) (2,176 )
NET ASSETS 35,894 44,711
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Income Statement 34,894 43,711
SHAREHOLDERS' FUNDS 35,894 44,711
Page 2
Page 3
For the year ending 31 July 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 Income Statement.
On behalf of the board
Andrew Hazeldine
Director
09/10/2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
1.2. 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.
1.3. 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:
Plant & Machinery 20% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
1.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
1.5. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 4 5
4 5
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3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 30,005 28,087 13,403 71,495
Additions - 1,000 441 1,441
As at 31 July 2024 30,005 29,087 13,844 72,936
Depreciation
As at 1 August 2023 25,659 21,472 12,914 60,045
Provided during the period 869 1,799 109 2,777
As at 31 July 2024 26,528 23,271 13,023 62,822
Net Book Value
As at 31 July 2024 3,477 5,816 821 10,114
As at 1 August 2023 4,346 6,615 489 11,450
4. Stocks
2024 2023
£ £
Stock 547 547
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,846 26,474
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,591 9,748
Other creditors 623 746
Taxation and social security 34,614 43,561
47,828 54,055
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5
Page 6
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Andrew Hazeldine 746 (25,390 ) 25,268 - 623
The above loan is unsecured, interest free and repayable on demand.
Page 6