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 SC659778 Mr David Kennedy Miss Donna Kennedy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC659778 2023-04-30 SC659778 2024-04-30 SC659778 2023-05-01 2024-04-30 SC659778 frs-core:CurrentFinancialInstruments 2024-04-30 SC659778 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 SC659778 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC659778 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 SC659778 frs-core:ShareCapital 2024-04-30 SC659778 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC659778 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC659778 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC659778 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC659778 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC659778 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC659778 frs-bus:Director1 2023-05-01 2024-04-30 SC659778 frs-bus:Director2 2023-05-01 2024-04-30 SC659778 frs-countries:Scotland 2023-05-01 2024-04-30 SC659778 2022-04-30 SC659778 2023-04-30 SC659778 2022-05-01 2023-04-30 SC659778 frs-core:CurrentFinancialInstruments 2023-04-30 SC659778 frs-core:ShareCapital 2023-04-30 SC659778 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC659778
Damado Property Ltd
Financial Statements
For The Year Ended 30 April 2024
Donoghue & Co. Ltd
19a Wellside Place
Falkirk
FK1 5RL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC659778
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 163,395 163,395
163,395 163,395
CURRENT ASSETS
Cash at bank and in hand 5,167 2,771
5,167 2,771
Creditors: Amounts Falling Due Within One Year 5 (169,335 ) (168,735 )
NET CURRENT ASSETS (LIABILITIES) (164,168 ) (165,964 )
TOTAL ASSETS LESS CURRENT LIABILITIES (773 ) (2,569 )
NET LIABILITIES (773 ) (2,569 )
CAPITAL AND RESERVES
Called up share capital 6 4 4
Profit and Loss Account (777 ) (2,573 )
SHAREHOLDERS' FUNDS (773) (2,569)
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 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
Mr David Kennedy
Director
30th August 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
Damado Property Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC659778 . The registered office is 141 Mungalhead Road, Falkirk, Stirlingshire, FK2 7JH.
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 Not depreciated
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 May 2023 163,395
As at 30 April 2024 163,395
Net Book Value
As at 30 April 2024 163,395
As at 1 May 2023 163,395
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 163,375 163,375
Accruals and deferred income 960 360
Directors' loan accounts 5,000 5,000
169,335 168,735
Page 3
Page 4
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
Page 4