Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 February 2022 false 1 April 2023 31 March 2024 31 March 2024 11142203 Dr. X Zhang Dr J Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11142203 2023-03-31 11142203 2024-03-31 11142203 2023-04-01 2024-03-31 11142203 frs-core:CurrentFinancialInstruments 2024-03-31 11142203 frs-core:ComputerEquipment 2024-03-31 11142203 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11142203 frs-core:ComputerEquipment 2023-03-31 11142203 frs-core:PlantMachinery 2024-03-31 11142203 frs-core:PlantMachinery 2023-04-01 2024-03-31 11142203 frs-core:PlantMachinery 2023-03-31 11142203 frs-core:SharePremium 2024-03-31 11142203 frs-core:ShareCapital 2024-03-31 11142203 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11142203 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11142203 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11142203 frs-bus:SmallEntities 2023-04-01 2024-03-31 11142203 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11142203 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11142203 frs-bus:Director1 2023-04-01 2024-03-31 11142203 frs-bus:Director2 2023-04-01 2024-03-31 11142203 frs-countries:EnglandWales 2023-04-01 2024-03-31 11142203 2022-01-31 11142203 2023-03-31 11142203 2022-02-01 2023-03-31 11142203 frs-core:CurrentFinancialInstruments 2023-03-31 11142203 frs-core:SharePremium 2023-03-31 11142203 frs-core:ShareCapital 2023-03-31 11142203 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11142203
Advanced Diamondx Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Overpaidtax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11142203
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,260 28,410
14,260 28,410
CURRENT ASSETS
Debtors 5 - 13,887
Cash at bank and in hand 66,907 52,807
66,907 66,694
Creditors: Amounts Falling Due Within One Year 6 (38,113 ) -
NET CURRENT ASSETS (LIABILITIES) 28,794 66,694
TOTAL ASSETS LESS CURRENT LIABILITIES 43,054 95,104
NET ASSETS 43,054 95,104
CAPITAL AND RESERVES
Called up share capital 7 114 114
Share premium account 306,998 306,998
Profit and Loss Account (264,058 ) (212,008 )
SHAREHOLDERS' FUNDS 43,054 95,104
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
Dr. X Zhang
Director
16/01/2025
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
Advanced Diamondx Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11142203 . The registered office is Desklodge House, 2 Redcliffe Way, Bristol, BS1 6NL.
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. 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 25% straight line
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 62,141 5,036 67,177
Additions - 2,851 2,851
As at 31 March 2024 62,141 7,887 70,028
Depreciation
As at 1 April 2023 34,496 4,271 38,767
Provided during the period 15,535 1,466 17,001
As at 31 March 2024 50,031 5,737 55,768
Net Book Value
As at 31 March 2024 12,110 2,150 14,260
As at 1 April 2023 27,645 765 28,410
5. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
VAT - 902
Directors' loan accounts - 12,985
- 13,887
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Other taxes and social security 106 -
VAT 6,244 -
Accrued expense 6,583 -
Directors' loan accounts 25,180 -
38,113 -
7. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 114 114
Page 4