Acorah Software Products - Accounts Production 16.0.110 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12249601 Mr David Quintana Pantoja iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12249601 2022-10-31 12249601 2023-10-31 12249601 2022-11-01 2023-10-31 12249601 frs-core:CurrentFinancialInstruments 2023-10-31 12249601 frs-core:ShareCapital 2023-10-31 12249601 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12249601 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12249601 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12249601 frs-bus:SmallEntities 2022-11-01 2023-10-31 12249601 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12249601 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12249601 frs-bus:Director1 2022-11-01 2023-10-31 12249601 frs-core:CurrentFinancialInstruments 1 2023-10-31 12249601 frs-countries:EnglandWales 2022-11-01 2023-10-31 12249601 2021-10-31 12249601 2022-10-31 12249601 2021-11-01 2022-10-31 12249601 frs-core:CurrentFinancialInstruments 2022-10-31 12249601 frs-core:ShareCapital 2022-10-31 12249601 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 12249601 frs-core:CurrentFinancialInstruments 1 2022-10-31
Registered number: 12249601
DH TELECOM FIBER OPTIC LTD
Unaudited Financial Statements
For The Year Ended 31 October 2023
Aster & Trujillo
3-7 Temple Avenue
Suite 140 Temple Chambers
London
EC4Y 0DA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12249601
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,908 1,296
Cash at bank and in hand 18,308 6,795
21,216 8,091
Creditors: Amounts Falling Due Within One Year 5 (180,879 ) (74,407 )
NET CURRENT ASSETS (LIABILITIES) (159,663 ) (66,316 )
TOTAL ASSETS LESS CURRENT LIABILITIES (159,663 ) (66,316 )
NET LIABILITIES (159,663 ) (66,316 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (159,763 ) (66,416 )
SHAREHOLDERS' FUNDS (159,663) (66,316)
For the year ending 31 October 2023 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 Quintana Pantoja
Director
29/10/2024
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
DH TELECOM FIBER OPTIC LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12249601 . The registered office is Suite 259 Temple Chambers, 3-7 Temple Avenue , London, EC4Y 0DA.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2022: NIL)
13 -
4. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 1,959 -
VAT - 347
Other taxes and social security 949 949
2,908 1,296
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 4,332
Bank loans and overdrafts 22,000 22,000
VAT 37,907 -
Pension Payable 2,897 -
Director's loan account 38,075 38,075
Amounts owed to other participating interests 80,000 10,000
180,879 74,407
Page 2
Page 3
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3