Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 NI668160 Mr Jarlath Daly Mr Colin Moran Mrs Ciara Moran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI668160 2023-03-31 NI668160 2024-03-31 NI668160 2023-04-01 2024-03-31 NI668160 frs-core:CurrentFinancialInstruments 2024-03-31 NI668160 frs-core:Non-currentFinancialInstruments 2024-03-31 NI668160 frs-core:FurnitureFittings 2024-03-31 NI668160 frs-core:FurnitureFittings 2023-04-01 2024-03-31 NI668160 frs-core:FurnitureFittings 2023-03-31 NI668160 frs-core:RevaluationReserve 2023-03-31 NI668160 frs-core:RevaluationReserve 2024-03-31 NI668160 frs-core:ShareCapital 2024-03-31 NI668160 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI668160 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI668160 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 NI668160 frs-bus:SmallEntities 2023-04-01 2024-03-31 NI668160 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI668160 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI668160 frs-bus:Director1 2023-04-01 2024-03-31 NI668160 frs-bus:Director2 2023-04-01 2024-03-31 NI668160 frs-bus:Director3 2023-04-01 2024-03-31 NI668160 frs-countries:NorthernIreland 2023-04-01 2024-03-31 NI668160 2022-03-31 NI668160 2023-03-31 NI668160 2022-04-01 2023-03-31 NI668160 frs-core:CurrentFinancialInstruments 2023-03-31 NI668160 frs-core:Non-currentFinancialInstruments 2023-03-31 NI668160 frs-core:RevaluationReserve 2023-03-31 NI668160 frs-core:ShareCapital 2023-03-31 NI668160 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: NI668160
Dalmor Properties LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI668160
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 171 228
Investment Properties 5 255,000 255,000
255,171 255,228
CURRENT ASSETS
Cash at bank and in hand 34,907 3,582
34,907 3,582
Creditors: Amounts Falling Due Within One Year 6 (62,751 ) (96,723 )
NET CURRENT ASSETS (LIABILITIES) (27,844 ) (93,141 )
TOTAL ASSETS LESS CURRENT LIABILITIES 227,327 162,087
Creditors: Amounts Falling Due After More Than One Year 7 (129,120 ) (78,750 )
NET ASSETS 98,207 83,337
CAPITAL AND RESERVES
Called up share capital 8 4 4
Revaluation reserve 9 94,142 94,142
Profit and Loss Account 4,061 (10,809 )
SHAREHOLDERS' FUNDS 98,207 83,337
Page 1
Page 2
For the year ending 31 March 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
Mrs Ciara Moran
Director
28/11/2024
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
Dalmor Properties LTD is a private company, limited by shares, incorporated in Northern Ireland, registered number NI668160 . The registered office is 24 Main Street, Augher, Tyrone, BT77 0BD.
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:
Fixtures & Fittings 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 249
As at 31 March 2024 249
Depreciation
As at 1 April 2023 21
Provided during the period 57
As at 31 March 2024 78
Net Book Value
As at 31 March 2024 171
As at 1 April 2023 228
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 255,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 950 (1 )
Other loans 5,867 -
Other creditors 55,934 96,724
62,751 96,723
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 78,750 78,750
Other loans 50,370 -
129,120 78,750
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
9. Reserves
Revaluation Reserve
£
As at 1 April 2023 94,142
As at 31 March 2024 94,142
Page 4