Acorah Software Products - Accounts Production 16.0.110 false true 29 November 2022 1 December 2021 false 30 November 2022 29 November 2023 29 November 2023 10499957 Mr D Musson Mr L Musson Mr S Musson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10499957 2022-11-29 10499957 2023-11-29 10499957 2022-11-30 2023-11-29 10499957 frs-core:CurrentFinancialInstruments 2023-11-29 10499957 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-29 10499957 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 2023-11-29 10499957 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-29 10499957 frs-core:ShareCapital 2023-11-29 10499957 frs-core:RetainedEarningsAccumulatedLosses 2023-11-29 10499957 frs-bus:PrivateLimitedCompanyLtd 2022-11-30 2023-11-29 10499957 frs-bus:FilletedAccounts 2022-11-30 2023-11-29 10499957 frs-bus:SmallEntities 2022-11-30 2023-11-29 10499957 frs-bus:AuditExempt-NoAccountantsReport 2022-11-30 2023-11-29 10499957 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-30 2023-11-29 10499957 frs-bus:Director1 2022-11-30 2023-11-29 10499957 frs-bus:Director2 2022-11-30 2023-11-29 10499957 frs-bus:Director3 2022-11-30 2023-11-29 10499957 frs-countries:EnglandWales 2022-11-30 2023-11-29 10499957 2021-11-30 10499957 2022-11-29 10499957 2021-12-01 2022-11-29 10499957 frs-core:CurrentFinancialInstruments 2022-11-29 10499957 frs-core:ShareCapital 2022-11-29 10499957 frs-core:RetainedEarningsAccumulatedLosses 2022-11-29
Registered number: 10499957
DLS Property Ltd
Financial Statements
For The Year Ended 29 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10499957
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,583 60,583
60,583 60,583
CURRENT ASSETS
Debtors 5 97 97
Cash at bank and in hand 59,608 131,171
59,705 131,268
Creditors: Amounts Falling Due Within One Year 6 (94,070 ) (170,852 )
NET CURRENT ASSETS (LIABILITIES) (34,365 ) (39,584 )
TOTAL ASSETS LESS CURRENT LIABILITIES 26,218 20,999
NET ASSETS 26,218 20,999
CAPITAL AND RESERVES
Called up share capital 7 99 99
Profit and Loss Account 26,119 20,900
SHAREHOLDERS' FUNDS 26,218 20,999
Page 1
Page 2
For the year ending 29 November 2023 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 L Musson
Director
27 November 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
DLS Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10499957 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.
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 in accordance with the property
2.4. 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. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
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4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 30 November 2022 60,583
As at 29 November 2023 60,583
Net Book Value
As at 29 November 2023 60,583
As at 30 November 2022 60,583
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 97 97
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 91,677 168,499
Taxation and social security 2,393 2,353
94,070 170,852
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 99 99
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