Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11760354 Mr Damian Weilers Mr Damian Weilers true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11760354 2023-01-31 11760354 2024-01-31 11760354 2023-02-01 2024-01-31 11760354 frs-core:CurrentFinancialInstruments 2024-01-31 11760354 frs-core:ComputerEquipment 2024-01-31 11760354 frs-core:ComputerEquipment 2023-02-01 2024-01-31 11760354 frs-core:ComputerEquipment 2023-01-31 11760354 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11760354 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11760354 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11760354 frs-bus:SmallEntities 2023-02-01 2024-01-31 11760354 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11760354 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11760354 1 2023-02-01 2024-01-31 11760354 frs-bus:Director1 2023-02-01 2024-01-31 11760354 frs-countries:EnglandWales 2023-02-01 2024-01-31 11760354 2022-01-31 11760354 2023-01-31 11760354 2022-02-01 2023-01-31 11760354 frs-core:CurrentFinancialInstruments 2023-01-31 11760354 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11760354
Damian F Weilers Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
1 Mountview Court
310 Friern Barnet Lane
London
N20 0LD
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 11760354
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,215 22,770
17,215 22,770
CURRENT ASSETS
Debtors 5 24,409 27,785
Cash at bank and in hand 17,577 54,414
41,986 82,199
Creditors: Amounts Falling Due Within One Year 6 (27,273 ) (37,823 )
NET CURRENT ASSETS (LIABILITIES) 14,713 44,376
TOTAL ASSETS LESS CURRENT LIABILITIES 31,928 67,146
NET ASSETS 31,928 67,146
Income Statement 31,928 67,146
SHAREHOLDERS' FUNDS 31,928 67,146
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 Income Statement.
On behalf of the board
Mr Damian Weilers
Director
24 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Damian F Weilers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11760354 . The registered office is 1 Mountview Court, 310 Friern Barnet Lane, London, N20 0LD.
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% Straight Line Basis
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 46,284
Additions 1,225
Disposals (6,124 )
As at 31 January 2024 41,385
Depreciation
As at 1 February 2023 23,514
Provided during the period 5,760
Disposals (5,104 )
As at 31 January 2024 24,170
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 January 2024 17,215
As at 1 February 2023 22,770
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,409 20,127
Prepayments and accrued income - 2,501
Director's loan account - 5,157
24,409 27,785
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 41 1,860
Corporation tax 9,428 24,483
VAT 10,479 9,867
Accruals and deferred income 1,613 1,613
Director's loan account 5,712 -
27,273 37,823
7. Share Capital
2024 2023
£ £
The company's issued and paid-up share capital is 1 Ordinary share of £0.01 nominal value.
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Damian Weilers by virtue of his ownership of 100% of the issued share capital in the company.
Page 3