Acorah Software Products - Accounts Production 16.0.110 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10693288 Ms D E Allsopp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10693288 2023-03-31 10693288 2024-03-31 10693288 2023-04-01 2024-03-31 10693288 frs-core:CurrentFinancialInstruments 2024-03-31 10693288 frs-core:ComputerEquipment 2024-03-31 10693288 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10693288 frs-core:ComputerEquipment 2023-03-31 10693288 frs-core:PlantMachinery 2024-03-31 10693288 frs-core:PlantMachinery 2023-04-01 2024-03-31 10693288 frs-core:PlantMachinery 2023-03-31 10693288 frs-core:ShareCapital 2024-03-31 10693288 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10693288 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10693288 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10693288 frs-bus:SmallEntities 2023-04-01 2024-03-31 10693288 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10693288 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10693288 frs-bus:Director1 2023-04-01 2024-03-31 10693288 frs-countries:EnglandWales 2023-04-01 2024-03-31 10693288 2022-03-31 10693288 2023-03-31 10693288 2022-04-01 2023-03-31 10693288 frs-core:CurrentFinancialInstruments 2023-03-31 10693288 frs-core:ShareCapital 2023-03-31 10693288 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10693288
Disa Allsopp Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10693288
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,315 4,144
3,315 4,144
CURRENT ASSETS
Stocks 5 15,679 21,956
Debtors 6 2,539 6,221
Cash at bank and in hand 2,940 9,127
21,158 37,304
Creditors: Amounts Falling Due Within One Year 7 (21,654 ) (25,483 )
NET CURRENT ASSETS (LIABILITIES) (496 ) 11,821
TOTAL ASSETS LESS CURRENT LIABILITIES 2,819 15,965
NET ASSETS 2,819 15,965
CAPITAL AND RESERVES
Called up share capital 1 1
Income Statement 2,818 15,964
SHAREHOLDERS' FUNDS 2,819 15,965
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Income Statement.
On behalf of the board
Ms D E Allsopp
Director
13/11/2024
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
Disa Allsopp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10693288 . The registered office is Office M-05, Millharbour Court, 6 Watergate Walk, London, E14 9XH.
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
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the director continues to adopt the going concern basis of accounting in preparing the financial statements.
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.
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 20% reducing balance
Computer Equipment 20% reducing balance
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
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 years 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 5,911 3,801 9,712
As at 31 March 2024 5,911 3,801 9,712
Depreciation
As at 1 April 2023 4,289 1,279 5,568
Provided during the period 324 505 829
As at 31 March 2024 4,613 1,784 6,397
Net Book Value
As at 31 March 2024 1,298 2,017 3,315
As at 1 April 2023 1,622 2,522 4,144
5. Stocks
2024 2023
£ £
Stock 15,679 21,956
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,590 5,415
Other debtors 949 806
2,539 6,221
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,343 6,461
Bank loans and overdrafts 7,853 3,165
Other creditors 3,968 2,809
Taxation and social security 7,490 13,048
21,654 25,483
Page 4