THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Company Registration Number:
08648913 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 August 2024




Director: Mr P Evans
Mrs A K Cleary
Registered office: Bath Road Studios
Bath Road
Bristol
BS4 3HG
Company Registration Number: 08648913 (England and Wales)

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 5,167
Total fixed assets: 5,167
Current assets
Stocks: 3,476
Debtors: 5 69,454 85,204
Cash at bank and in hand: 217,194 115,167
Total current assets: 290,124 200,371
Creditors: amounts falling due within one year: 6 ( 252,623 ) ( 163,344 )
Net current assets (liabilities): 37,501 37,027
Total assets less current liabilities: 42,668 37,027
Total net assets (liabilities): 42,668 37,027

The notes form part of these financial statements

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Reserves
Income and expenditure account 42,668 37,027
Members funds 42,668 37,027

For the year ending 31 August 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 October 2024
And Signed On Behalf Of The Board By:

Name: Mrs A K Cleary
Status: Director

The notes form part of these financial statements

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
    Plant and machinery - 25% straight line basis
    Fixtures and fittings - 15% reducing balance basis
    Computer equipment - 33% straight line basis

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives, not to exceed twenty years.
    Impairment of intangible assets is recognised where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    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 items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided. Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted.

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 September 2023 - -
Additions 5,167 5,167
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 5,167 5,167
Depreciation
At 01 September 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 August 2024 - -
Net book value
At 31 August 2024 5,167 5,167
At 31 August 2023 - -

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Trade debtors 50,730 31,025
Prepayments and accrued income 10,720 51,077
Other debtors 8,004 3,102
Total 69,454 85,204

THE DTVKIT OPEN SOFTWARE FOUNDATION LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 108,238 24,858
Taxation and social security 1,320 4,813
Accruals and deferred income 142,056 133,043
Other creditors 1,009 630
Total 252,623 163,344