Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09159452 Mr David O'Hearns iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09159452 2023-08-31 09159452 2024-08-31 09159452 2023-09-01 2024-08-31 09159452 frs-core:CurrentFinancialInstruments 2024-08-31 09159452 frs-core:ComputerEquipment 2024-08-31 09159452 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09159452 frs-core:ComputerEquipment 2023-08-31 09159452 frs-core:FurnitureFittings 2024-08-31 09159452 frs-core:FurnitureFittings 2023-09-01 2024-08-31 09159452 frs-core:FurnitureFittings 2023-08-31 09159452 frs-core:WithinOneYear 2024-08-31 09159452 frs-core:ShareCapital 2024-08-31 09159452 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09159452 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09159452 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09159452 frs-bus:SmallEntities 2023-09-01 2024-08-31 09159452 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09159452 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09159452 frs-bus:Director1 2023-09-01 2024-08-31 09159452 frs-countries:EnglandWales 2023-09-01 2024-08-31 09159452 2022-08-31 09159452 2023-08-31 09159452 2022-09-01 2023-08-31 09159452 frs-core:CurrentFinancialInstruments 2023-08-31 09159452 frs-core:WithinOneYear 2023-08-31 09159452 frs-core:ShareCapital 2023-08-31 09159452 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09159452
Dawn Creative Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
MAP ACCOUNTANTS LTD
16 Blackfriars Street
Manchester
M3 5BQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09159452
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,826 12,882
27,826 12,882
CURRENT ASSETS
Debtors 5 130,748 86,891
Investments 6 - 100,000
Cash at bank and in hand 226,749 166,563
357,497 353,454
Creditors: Amounts Falling Due Within One Year 7 (171,780 ) (83,135 )
NET CURRENT ASSETS (LIABILITIES) 185,717 270,319
TOTAL ASSETS LESS CURRENT LIABILITIES 213,543 283,201
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,287 ) (2,448 )
NET ASSETS 208,256 280,753
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 208,156 280,653
SHAREHOLDERS' FUNDS 208,256 280,753
Page 1
Page 2
For the year ending 31 August 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 David O'Hearns
Director
14th October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dawn Creative Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09159452 . The registered office is 73a Hulme Hall Road, Cheadle Hulme, Cheadle, Greater Manchester, SK8 6JZ.
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:
Fixtures & Fittings 25% Reducing Balance & 20% Straight Line
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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 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.
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.
...CONTINUED
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2.5. Taxation - continued
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 assets reflect 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 31,757 34,508 66,265
Additions 23,606 1,840 25,446
Disposals (26,549 ) (577 ) (27,126 )
As at 31 August 2024 28,814 35,771 64,585
Depreciation
As at 1 September 2023 25,532 27,851 53,383
Provided during the period 2,639 4,933 7,572
Disposals (23,619 ) (577 ) (24,196 )
As at 31 August 2024 4,552 32,207 36,759
Net Book Value
As at 31 August 2024 24,262 3,564 27,826
As at 1 September 2023 6,225 6,657 12,882
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 109,097 81,263
Prepayments and accrued income 6,383 5,628
Other debtors 1,128 -
Corporation tax recoverable assets 14,140 -
130,748 86,891
6. Current Asset Investments
2024 2023
£ £
Short term deposits - 100,000
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,687 11,253
Corporation tax - 21,619
Other taxes and social security 7,363 8,356
VAT 34,594 35,396
Other creditors 1,308 1,167
Accruals and deferred income 117,918 -
Director's loan account 3,910 5,344
171,780 83,135
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 4,521 -
4,521 -
10. Related Party Transactions
David O'HearnsShareholder and a Director of Dawn Creative Limited with a shareholding of ≥75% of the sharesAs at the Year End August 2024, Dawn Creative Limited owes an amount of £3,910 to David O'Hearns

David O'Hearns

Shareholder and a Director of Dawn Creative Limited with a shareholding of ≥75% of the shares

As at the Year End August 2024, Dawn Creative Limited owes an amount of £3,910 to David O'Hearns

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