Acorah Software Products - Accounts Production 16.0.110 false true false 25 April 2023 30 April 2024 30 April 2024 SC767264 Mr Douglas Hearn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC767264 2023-04-24 SC767264 2024-04-30 SC767264 2023-04-25 2024-04-30 SC767264 frs-core:CurrentFinancialInstruments 2024-04-30 SC767264 frs-core:ShareCapital 2024-04-30 SC767264 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC767264 frs-bus:PrivateLimitedCompanyLtd 2023-04-25 2024-04-30 SC767264 frs-bus:FilletedAccounts 2023-04-25 2024-04-30 SC767264 frs-bus:SmallEntities 2023-04-25 2024-04-30 SC767264 frs-bus:AuditExempt-NoAccountantsReport 2023-04-25 2024-04-30 SC767264 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-25 2024-04-30 SC767264 frs-bus:Director1 2023-04-25 2024-04-30 SC767264 frs-countries:Scotland 2023-04-25 2024-04-30
Registered number: SC767264
Done Toys Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
D Napier Accountancy
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC767264
2024
Notes £ £
CURRENT ASSETS
Stocks 4 9,000
Cash at bank and in hand 401
9,401
Creditors: Amounts Falling Due Within One Year 5 (15,325 )
NET CURRENT ASSETS (LIABILITIES) (5,924 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,924 )
NET LIABILITIES (5,924 )
CAPITAL AND RESERVES
Called up share capital 6 10
Profit and Loss Account (5,934 )
SHAREHOLDERS' FUNDS (5,924)
For the year ending 30 April 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 Douglas Hearn
Director
17th December 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Done Toys Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC767264 . The registered office is 6A Westmill Haugh, Lasswade, Midlothian, EH18 1BF.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Stocks
2024
£
Stock 9,000
5. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 15,292
Taxation and social security 33
15,325
6. Share Capital
2024
£
Allotted, Called up and fully paid 10
Page 2