Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 05002725 Mrs Emma Bell Mr Anthony Bell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05002725 2023-02-28 05002725 2024-02-29 05002725 2023-03-01 2024-02-29 05002725 frs-core:CurrentFinancialInstruments 2024-02-29 05002725 frs-core:Non-currentFinancialInstruments 2024-02-29 05002725 frs-core:FurnitureFittings 2023-03-01 2024-02-29 05002725 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 05002725 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 05002725 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 05002725 frs-core:MotorVehicles 2023-03-01 2024-02-29 05002725 frs-core:PlantMachinery 2024-02-29 05002725 frs-core:PlantMachinery 2023-03-01 2024-02-29 05002725 frs-core:PlantMachinery 2023-02-28 05002725 frs-core:RevaluationReserve 2023-02-28 05002725 frs-core:RevaluationReserve 2024-02-29 05002725 frs-core:ShareCapital 2024-02-29 05002725 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 05002725 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 05002725 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 05002725 frs-bus:SmallEntities 2023-03-01 2024-02-29 05002725 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 05002725 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 05002725 frs-bus:Director1 2023-03-01 2024-02-29 05002725 frs-bus:Director2 2023-03-01 2024-02-29 05002725 frs-countries:EnglandWales 2023-03-01 2024-02-29 05002725 2022-02-28 05002725 2023-02-28 05002725 2022-03-01 2023-02-28 05002725 frs-core:CurrentFinancialInstruments 2023-02-28 05002725 frs-core:Non-currentFinancialInstruments 2023-02-28 05002725 frs-core:RevaluationReserve 2023-02-28 05002725 frs-core:ShareCapital 2023-02-28 05002725 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 05002725
Denna Developments Limited
Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05002725
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,514,110 1,514,110
1,514,110 1,514,110
CURRENT ASSETS
Cash at bank and in hand 34,540 22,139
34,540 22,139
Creditors: Amounts Falling Due Within One Year 5 (295,409 ) (284,458 )
NET CURRENT ASSETS (LIABILITIES) (260,869 ) (262,319 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,253,241 1,251,791
Creditors: Amounts Falling Due After More Than One Year 6 (1,152,313 ) (1,152,313 )
NET ASSETS 100,928 99,478
CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 214,768 214,768
Profit and Loss Account (113,842 ) (115,292 )
SHAREHOLDERS' FUNDS 100,928 99,478
Page 1
Page 2
For the year ending 29 February 2024 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
Mrs Emma Bell
Director
11/10/2024
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
Denna Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05002725 . The registered office is Denna Hall, Denhall Lane, Burton, South Wirral, CH64 0TG.
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:
Freehold Zero
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 March 2023 1,514,110 15,716 1,529,826
As at 29 February 2024 1,514,110 15,716 1,529,826
Depreciation
As at 1 March 2023 - 15,716 15,716
As at 29 February 2024 - 15,716 15,716
Net Book Value
As at 29 February 2024 1,514,110 - 1,514,110
As at 1 March 2023 1,514,110 - 1,514,110
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 103 296
Other creditors 295,306 284,162
295,409 284,458
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,152,313 1,152,313
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Reserves
Revaluation Reserve
£
As at 1 March 2023 214,768
As at 29 February 2024 214,768
Page 4