Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC448405 Mr James Hendry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC448405 2023-04-30 SC448405 2024-04-30 SC448405 2023-05-01 2024-04-30 SC448405 frs-core:OtherReservesSubtotal 2024-04-30 SC448405 frs-core:ShareCapital 2024-04-30 SC448405 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC448405 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC448405 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 SC448405 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC448405 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC448405 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC448405 frs-bus:Director1 2023-05-01 2024-04-30 SC448405 frs-countries:Scotland 2023-05-01 2024-04-30 SC448405 2022-04-30 SC448405 2023-04-30 SC448405 2022-05-01 2023-04-30 SC448405 frs-core:OtherReservesSubtotal 2023-04-30 SC448405 frs-core:ShareCapital 2023-04-30 SC448405 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC448405
Diamond Bars Dundee Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC448405
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 60,000 60,000
60,000 60,000
CURRENT ASSETS
Cash at bank and in hand 625 2,470
625 2,470
Creditors: Amounts Falling Due Within One Year (19,417 ) (17,363 )
NET CURRENT ASSETS (LIABILITIES) (18,792 ) (14,893 )
TOTAL ASSETS LESS CURRENT LIABILITIES 41,208 45,107
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,702 ) (2,702 )
NET ASSETS 38,506 42,405
CAPITAL AND RESERVES
Called up share capital 5 3 3
Other reserves 14,220 14,220
Profit and Loss Account 24,283 28,182
SHAREHOLDERS' FUNDS 38,506 42,405
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For the year ending 30 April 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr James Hendry
Director
17 September 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Diamond Bars Dundee Limited is a private company, limited by shares, incorporated in Scotland, registered number SC448405 . The registered office is 1 Earl Street, Dundee, DD2 3DT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost basis, as modified by the revaluaton of certain financial assets and liabilities and investment properties measured at fair value through profit or loss, and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objectice evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments, regardless of significance and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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2.4. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
2.5. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be reuired to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 60,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 45,780 45,780
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
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