Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06064558 Dr Gordon Dougal Mrs Angela Dougal Miss Shanna Dougal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06064558 2023-03-31 06064558 2024-03-31 06064558 2023-04-01 2024-03-31 06064558 frs-core:CurrentFinancialInstruments 2024-03-31 06064558 frs-core:Non-currentFinancialInstruments 2024-03-31 06064558 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06064558 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06064558 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 06064558 frs-core:ShareCapital 2024-03-31 06064558 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06064558 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06064558 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06064558 frs-bus:SmallEntities 2023-04-01 2024-03-31 06064558 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06064558 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06064558 frs-bus:Director1 2023-04-01 2024-03-31 06064558 frs-bus:Director1 2023-03-31 06064558 frs-bus:Director1 2024-03-31 06064558 frs-bus:Director2 2023-04-01 2024-03-31 06064558 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06064558 frs-countries:EnglandWales 2023-04-01 2024-03-31 06064558 2022-03-31 06064558 2023-03-31 06064558 2022-04-01 2023-03-31 06064558 frs-core:CurrentFinancialInstruments 2023-03-31 06064558 frs-core:Non-currentFinancialInstruments 2023-03-31 06064558 frs-core:ShareCapital 2023-03-31 06064558 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06064558
DRPG LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06064558
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 287,993 162,276
287,993 162,276
CURRENT ASSETS
Debtors 5 4,186 -
Cash at bank and in hand 6,471 76,087
10,657 76,087
Creditors: Amounts Falling Due Within One Year 6 (424,580 ) (289,652 )
NET CURRENT ASSETS (LIABILITIES) (413,923 ) (213,565 )
TOTAL ASSETS LESS CURRENT LIABILITIES (125,930 ) (51,289 )
Creditors: Amounts Falling Due After More Than One Year 7 - (66,351 )
NET LIABILITIES (125,930 ) (117,640 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (126,930 ) (118,640 )
SHAREHOLDERS' FUNDS (125,930) (117,640)
Page 1
Page 2
For the year ending 31 March 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
Dr Gordon Dougal
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
DRPG LTD is a private company, limited by shares, incorporated in England & Wales, registered number 06064558 . The registered office is 9 CASTLE CLOSE, SPENNYMOOR, DURHAM, DL16 6TR.
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 2% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 233,393
Additions 133,046
As at 31 March 2024 366,439
Depreciation
As at 1 April 2023 71,117
Provided during the period 7,329
As at 31 March 2024 78,446
Net Book Value
As at 31 March 2024 287,993
As at 1 April 2023 162,276
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,186 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,358 6,906
Other creditors 418,222 282,746
424,580 289,652
A secured debt of £6,358 (2023: £73,256) is included within the overall creditors total. This relates to a mortgage which is
secured by a charge over the property held by the company
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 66,351
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Dr Gordon Dougal 206,816 - 111,500 - 318,316
The above loan is unsecured, interest free and repayable on demand.
10.
At the year end date a balance of £98,952 (2023: £30,102) is owed to Maculume Ltd, which is a company controlled by the Director of DRPG Ltd. The loan is non-interest bearing and is repayable on demand.
Page 4