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 07220201 Mr David Burrows iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07220201 2023-04-30 07220201 2024-04-30 07220201 2023-05-01 2024-04-30 07220201 frs-core:Non-currentFinancialInstruments 2024-04-30 07220201 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07220201 frs-core:ShareCapital 2024-04-30 07220201 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07220201 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07220201 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 07220201 frs-bus:SmallEntities 2023-05-01 2024-04-30 07220201 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07220201 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07220201 frs-bus:Director1 2023-05-01 2024-04-30 07220201 frs-bus:Director1 2023-04-30 07220201 frs-bus:Director1 2024-04-30 07220201 frs-countries:EnglandWales 2023-05-01 2024-04-30 07220201 2022-04-30 07220201 2023-04-30 07220201 2022-05-01 2023-04-30 07220201 frs-core:Non-currentFinancialInstruments 2023-04-30 07220201 frs-core:ShareCapital 2023-04-30 07220201 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07220201
Damibu Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2024
Ip's Associates Limited
23 Argyle Street
Liverpool
L1 5BL
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07220201
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 157 234
157 234
CURRENT ASSETS
Debtors 9,720 12,851
Cash at bank and in hand 392,523 24,835
402,243 37,686
Creditors: Amounts Falling Due Within One Year (384,746 ) (6,074 )
NET CURRENT ASSETS (LIABILITIES) 17,497 31,612
TOTAL ASSETS LESS CURRENT LIABILITIES 17,654 31,846
Creditors: Amounts Falling Due After More Than One Year (18,851 ) (31,556 )
NET (LIABILITIES)/ASSETS (1,197 ) 290
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account (1,198 ) 289
SHAREHOLDERS' FUNDS (1,197) 290
Page 1
Page 2
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 David Burrows
Director
14 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Damibu Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07220201 . The registered office is 16 Jordan Street, Liverpool, L1 0BP.
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 33% reducing balance method
2.4. 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: 10 (2023: 10)
10 10
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4. Tangible Assets
Total
£
Cost
As at 1 May 2023 5,679
As at 30 April 2024 5,679
Depreciation
As at 1 May 2023 5,445
Provided during the period 77
As at 30 April 2024 5,522
Net Book Value
As at 30 April 2024 157
As at 1 May 2023 234
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr David Burrows 11,488 - 11,488 - -
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