Acorah Software Products - Accounts Production 16.1.300 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 09263041 Mr R Ahmed Mr Ahmed true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09263041 2023-10-31 09263041 2024-10-31 09263041 2023-11-01 2024-10-31 09263041 frs-core:CurrentFinancialInstruments 2024-10-31 09263041 frs-core:ComputerEquipment 2024-10-31 09263041 frs-core:ComputerEquipment 2023-11-01 2024-10-31 09263041 frs-core:ComputerEquipment 2023-10-31 09263041 frs-core:FurnitureFittings 2024-10-31 09263041 frs-core:FurnitureFittings 2023-11-01 2024-10-31 09263041 frs-core:FurnitureFittings 2023-10-31 09263041 frs-core:PlantMachinery 2024-10-31 09263041 frs-core:PlantMachinery 2023-11-01 2024-10-31 09263041 frs-core:PlantMachinery 2023-10-31 09263041 frs-core:ShareCapital 2024-10-31 09263041 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09263041 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09263041 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09263041 frs-bus:SmallEntities 2023-11-01 2024-10-31 09263041 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09263041 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09263041 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 09263041 frs-bus:OrdinaryShareClass1 2024-10-31 09263041 frs-bus:OrdinaryShareClass2 2023-11-01 2024-10-31 09263041 frs-bus:OrdinaryShareClass2 2024-10-31 09263041 1 2023-11-01 2024-10-31 09263041 frs-core:DeferredTaxation 2023-10-31 09263041 frs-core:DeferredTaxation 2024-10-31 09263041 frs-bus:Director1 2023-11-01 2024-10-31 09263041 frs-countries:EnglandWales 2023-11-01 2024-10-31 09263041 2022-10-31 09263041 2023-10-31 09263041 2022-11-01 2023-10-31 09263041 frs-core:CurrentFinancialInstruments 2023-10-31 09263041 frs-core:ShareCapital 2023-10-31 09263041 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09263041 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 09263041 frs-bus:OrdinaryShareClass2 2022-11-01 2023-10-31
Registered number: 09263041
Dani-Rash Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09263041
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,033 2,599
2,033 2,599
CURRENT ASSETS
Debtors 5 1,147 1,147
Cash at bank and in hand 37,233 26,460
38,380 27,607
Creditors: Amounts Falling Due Within One Year 6 (37,418 ) (33,176 )
NET CURRENT ASSETS (LIABILITIES) 962 (5,569 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,995 (2,970 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (183 ) (183 )
NET ASSETS/(LIABILITIES) 2,812 (3,153 )
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 2,809 (3,156 )
SHAREHOLDERS' FUNDS 2,812 (3,153)
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For the year ending 31 October 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 R Ahmed
Director
20 January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Dani-Rash Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09263041 . The registered office is 25 Lansdowne Road, London, E18 2BA.
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 directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing 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.
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.
2.4. 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 25% - on cost
Fixtures & Fittings 25% - on cost
Computer Equipment 33% - on cost
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are changed to profit or loss on a straight line basis over the period of the lease.
2.6. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
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2.7. 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 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.
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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 4,643 257 5,309 10,209
As at 31 October 2024 4,643 257 5,309 10,209
Depreciation
As at 1 November 2023 3,590 257 3,763 7,610
Provided during the period 229 - 337 566
As at 31 October 2024 3,819 257 4,100 8,176
Net Book Value
As at 31 October 2024 824 - 1,209 2,033
As at 1 November 2023 1,053 - 1,546 2,599
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5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,147 1,147
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 882 -
Corporation tax 1,301 -
Accruals and deferred income 1,532 540
Director's loan account 33,703 32,636
37,418 33,176
7. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 November 2023 183 183
Balance at 31 October 2024 183 183
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
2 Ordinary A shares of £ 1.00 each 2 2
3 3
9. Related Party Transactions
During the year rent of £12,000 (2023 £12,000) was paid to Mr Ahmed who is the director of the company.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Ahmed .
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