Acorah Software Products - Accounts Production 15.0.600 false true true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 05324159 Mr Robert Trajcevski Mrs Vesna Najdenovska iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05324159 2023-02-28 05324159 2024-02-28 05324159 2023-03-01 2024-02-28 05324159 frs-core:CurrentFinancialInstruments 2024-02-28 05324159 frs-core:ComputerEquipment 2023-03-01 2024-02-28 05324159 frs-core:FurnitureFittings 2023-03-01 2024-02-28 05324159 frs-core:MotorVehicles 2023-03-01 2024-02-28 05324159 frs-core:PlantMachinery 2024-02-28 05324159 frs-core:PlantMachinery 2023-03-01 2024-02-28 05324159 frs-core:PlantMachinery 2023-02-28 05324159 frs-core:ShareCapital 2024-02-28 05324159 frs-core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-28 05324159 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 05324159 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 05324159 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 05324159 frs-bus:SmallEntities 2023-03-01 2024-02-28 05324159 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 05324159 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 05324159 frs-bus:Director1 2023-03-01 2024-02-28 05324159 frs-bus:CompanySecretary1 2023-03-01 2024-02-28 05324159 frs-countries:EnglandWales 2023-03-01 2024-02-28 05324159 2022-02-28 05324159 2023-02-28 05324159 2022-03-01 2023-02-28 05324159 frs-core:CurrentFinancialInstruments 2023-02-28 05324159 frs-core:ShareCapital 2022-02-28 05324159 frs-core:ShareCapital 2023-02-28 05324159 frs-core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 05324159 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-02-28 05324159 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 05324159
Danish Centres Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
DA Coffey and Associates LLP
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 05324159
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,813 45,881
20,813 45,881
CURRENT ASSETS
Stocks 241,434 178,015
Debtors 5 138,729 507
Cash at bank and in hand 228,811 304,797
608,974 483,319
Creditors: Amounts Falling Due Within One Year 6 (328,196 ) (227,220 )
NET CURRENT ASSETS (LIABILITIES) 280,778 256,099
TOTAL ASSETS LESS CURRENT LIABILITIES 301,591 301,980
NET ASSETS 301,591 301,980
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 301,590 301,979
SHAREHOLDERS' FUNDS 301,591 301,980
Page 1
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For the year ending 28 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 Robert Trajcevski
Director
27 November 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 March 2022 1 228,126 228,127
Profit for the year and total comprehensive income - 73,853 73,853
As at 28 February 2023 and 1 March 2023 1 301,979 301,980
Loss for the year and total comprehensive income - (389 ) (389)
As at 28 February 2024 1 301,590 301,591
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Notes to the Financial Statements
1. General Information
Danish Centres Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05324159 . The registered office is 22 Red Lion Street, Richmond, TW9 1RW.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Plant & Machinery 10% WDV
Motor Vehicles 33% SLM
Fixtures & Fittings 10% WDV
Computer Equipment 10% WDV
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 March 2023 135,192
As at 28 February 2024 135,192
Depreciation
As at 1 March 2023 89,311
Provided during the period 25,068
As at 28 February 2024 114,379
Net Book Value
As at 28 February 2024 20,813
As at 1 March 2023 45,881
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 70 -
Other debtors 138,659 507
138,729 507
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 281,703 54,402
Bank loans and overdrafts - 1,661
Other creditors 46,175 134,476
Taxation and social security 318 36,681
328,196 227,220
7. Related Party Transactions
During the year the company gave a loan to Nicholas James Property Ltd, a company registered in England & Wales registration number 14770162, which is under the common control of the director. At the end of the period, the company was owed £130,000 (2022: £NIL). The loan is made on an arms length basis and is repayable on demand. 
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