Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13174096 Mr ADAM DYCE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13174096 2023-02-28 13174096 2024-02-29 13174096 2023-03-01 2024-02-29 13174096 frs-core:CurrentFinancialInstruments 2024-02-29 13174096 frs-core:ShareCapital 2024-02-29 13174096 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13174096 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13174096 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13174096 frs-bus:SmallEntities 2023-03-01 2024-02-29 13174096 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13174096 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13174096 frs-bus:Director1 2023-03-01 2024-02-29 13174096 frs-core:CurrentFinancialInstruments 1 2024-02-29 13174096 frs-countries:EnglandWales 2023-03-01 2024-02-29 13174096 2022-02-28 13174096 2023-02-28 13174096 2022-03-01 2023-02-28 13174096 frs-core:CurrentFinancialInstruments 2023-02-28 13174096 frs-core:ShareCapital 2023-02-28 13174096 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 13174096 frs-core:CurrentFinancialInstruments 1 2023-02-28 13174096 frs-core:CurrentFinancialInstruments 2 2023-02-28
Registered number: 13174096
Diamond GCL Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
James Bendrey Accountants Ltd
Boscawen Park
St Dennis
St Austell
Cornwall
PL26 8DT
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13174096
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 19,926 16,420
Cash at bank and in hand 6,889 420
26,815 16,840
Creditors: Amounts Falling Due Within One Year 5 (42,014 ) (23,631 )
NET CURRENT ASSETS (LIABILITIES) (15,199 ) (6,791 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,199 ) (6,791 )
NET LIABILITIES (15,199 ) (6,791 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (15,299 ) (6,891 )
SHAREHOLDERS' FUNDS (15,199) (6,791)
For the year ending 29 February 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.
On behalf of the board
Mr ADAM DYCE
Director
30/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Diamond GCL Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13174096 . The registered office is RETEW HILL, ST AUSTELL, CORNWALL, PL26 8ED.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,021 11,437
CIS Suffered 6,905 4,531
Vat debtor - 452
19,926 16,420
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,829 5,171
VAT 886 -
Accruals and deferred income 725 695
Director's loan account 27,574 17,765
42,014 23,631
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2