Acorah Software Products - Accounts Production 14.6.300 false true false 1 April 2023 31 March 2024 31 March 2024 SC222464 Mr David McClure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC222464 2023-03-31 SC222464 2024-03-31 SC222464 2023-04-01 2024-03-31 SC222464 frs-core:CurrentFinancialInstruments 2024-03-31 SC222464 frs-core:Non-currentFinancialInstruments 2024-03-31 SC222464 frs-core:FurnitureFittings 2024-03-31 SC222464 frs-core:FurnitureFittings 2023-04-01 2024-03-31 SC222464 frs-core:FurnitureFittings 2023-03-31 SC222464 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC222464 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC222464 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 SC222464 frs-core:OtherReservesSubtotal 2024-03-31 SC222464 frs-core:ShareCapital 2024-03-31 SC222464 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC222464 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC222464 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC222464 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC222464 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC222464 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC222464 frs-bus:Director1 2023-04-01 2024-03-31 SC222464 frs-countries:Scotland 2023-04-01 2024-03-31
Registered number: SC222464
D & K Developments Limited
Financial Statements
For The Year Ended 31 March 2024
SEM Accountancy Services
256 Martin Way
Morden
Surrey
SM4 4AW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC222464
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,300,000
1,300,000
CURRENT ASSETS
Debtors 5 5,380
Cash at bank and in hand 106,474
111,854
Creditors: Amounts Falling Due Within One Year 6 (7,961 )
NET CURRENT ASSETS (LIABILITIES) 103,893
TOTAL ASSETS LESS CURRENT LIABILITIES 1,403,893
Creditors: Amounts Falling Due After More Than One Year 7 (558,000 )
NET ASSETS 845,893
CAPITAL AND RESERVES
Called up share capital 8 100
Other reserves 276,078
Profit and Loss Account 569,715
SHAREHOLDERS' FUNDS 845,893
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 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 David McClure
Director
10th January 2025
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
D & K Developments Limited is a private company, limited by shares, incorporated in Scotland, registered number SC222464 . The registered office is 5 Essex Park, Edinburgh, EH4 6LH.
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 0%
Fixtures & Fittings 25% on WDV
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 1,300,000 3,197 1,303,197
As at 31 March 2024 1,300,000 3,197 1,303,197
Depreciation
As at 1 April 2023 - 3,197 3,197
As at 31 March 2024 - 3,197 3,197
Net Book Value
As at 31 March 2024 1,300,000 - 1,300,000
As at 1 April 2023 1,300,000 - 1,300,000
Page 3
Page 4
5. Debtors
2024
£
Due within one year
Other debtors 5,380
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors (1 )
Other creditors 7,962
7,961
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 558,000
8. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 4