Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08551379 Mrs Reyhan Bandtock Mrs R Bandtock true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08551379 2023-08-31 08551379 2024-08-31 08551379 2023-09-01 2024-08-31 08551379 frs-core:CurrentFinancialInstruments 2024-08-31 08551379 frs-core:ComputerEquipment 2024-08-31 08551379 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08551379 frs-core:ComputerEquipment 2023-08-31 08551379 frs-core:FurnitureFittings 2024-08-31 08551379 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08551379 frs-core:FurnitureFittings 2023-08-31 08551379 frs-core:ShareCapital 2024-08-31 08551379 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08551379 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08551379 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08551379 frs-bus:SmallEntities 2023-09-01 2024-08-31 08551379 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08551379 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08551379 1 2023-09-01 2024-08-31 08551379 frs-core:CostValuation 2023-08-31 08551379 frs-core:DisposalsRepaymentsInvestments 2024-08-31 08551379 frs-core:CostValuation 2024-08-31 08551379 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 08551379 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 08551379 frs-bus:Director1 2023-09-01 2024-08-31 08551379 frs-bus:Director1 2023-08-31 08551379 frs-bus:Director1 2024-08-31 08551379 frs-countries:EnglandWales 2023-09-01 2024-08-31 08551379 2022-08-31 08551379 2023-08-31 08551379 2022-09-01 2023-08-31 08551379 frs-core:CurrentFinancialInstruments 2023-08-31 08551379 frs-core:ShareCapital 2023-08-31 08551379 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08551379
Deng Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08551379
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,178 13,224
Investments 5 - 400,000
4,178 413,224
CURRENT ASSETS
Stocks 6 5,000 5,000
Debtors 7 2,218 -
Cash at bank and in hand 59,400 36,387
66,618 41,387
Creditors: Amounts Falling Due Within One Year 8 (50,648 ) (191,176 )
NET CURRENT ASSETS (LIABILITIES) 15,970 (149,789 )
TOTAL ASSETS LESS CURRENT LIABILITIES 20,148 263,435
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 - (2,512 )
NET ASSETS 20,148 260,923
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 19,948 260,723
SHAREHOLDERS' FUNDS 20,148 260,923
Page 1
Page 2
For the year ending 31 August 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 Profit and Loss Account.
On behalf of the board
Mrs Reyhan Bandtock
Director
20 January 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Deng Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08551379 . The registered office is Suite 33 2 Mount Sion, Tunbridge Wells, Kent, TN1 1UE.
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:
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. 
Assets acquired under hire purchase contracts are depreciated over their useful lives. 
Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Investments
Investments are held at their fair value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 28,444 7,737 36,181
As at 31 August 2024 28,444 7,737 36,181
Depreciation
As at 1 September 2023 17,351 5,606 22,957
Provided during the period 7,111 1,935 9,046
As at 31 August 2024 24,462 7,541 32,003
Net Book Value
As at 31 August 2024 3,982 196 4,178
As at 1 September 2023 11,093 2,131 13,224
Page 4
Page 5
5. Investments
Other
£
Cost
As at 1 September 2023 400,000
Disposals (400,000 )
As at 31 August 2024 -
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 400,000
6. Stocks
2024 2023
£ £
Finished goods 5,000 5,000
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,218 -
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,334 2,764
Corporation tax 163 157,451
Other taxes and social security 5,560 1,532
VAT 29,182 29,234
Other creditors - 47
Director's loan account 11,409 148
50,648 191,176
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences - 2,512
Page 5
Page 6
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
11. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans due to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mrs Reyhan Bandtock 148 - 11,261 - 11,409
The above loan is unsecured, interest free, repayable on demand and ranks equally with other unsecured creditors of the company.
12. Ultimate Controlling Party
The company's ultimate controlling party is Mrs R Bandtock by virtue of her ownership of 100% of the controlling share capital in the company.
Page 6