Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07757450 Mr A H Datoo Mrs N Datoo Mr A Datoo true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07757450 2023-04-30 07757450 2024-04-30 07757450 2023-05-01 2024-04-30 07757450 frs-core:CurrentFinancialInstruments 2024-04-30 07757450 frs-core:ComputerEquipment 2024-04-30 07757450 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07757450 frs-core:ComputerEquipment 2023-04-30 07757450 frs-core:FurnitureFittings 2024-04-30 07757450 frs-core:FurnitureFittings 2023-05-01 2024-04-30 07757450 frs-core:FurnitureFittings 2023-04-30 07757450 frs-core:RevaluationReserve 2023-04-30 07757450 frs-core:RevaluationReserve 2024-04-30 07757450 frs-core:ShareCapital 2024-04-30 07757450 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07757450 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07757450 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07757450 frs-bus:SmallEntities 2023-05-01 2024-04-30 07757450 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07757450 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07757450 1 2023-05-01 2024-04-30 07757450 frs-core:CostValuation 2023-04-30 07757450 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-04-30 07757450 frs-core:CostValuation 2024-04-30 07757450 frs-core:ListedExchangeTraded 2024-04-30 07757450 frs-core:ListedExchangeTraded 2023-04-30 07757450 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-04-30 07757450 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-04-30 07757450 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-04-30 07757450 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-04-30 07757450 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-04-30 07757450 frs-core:UnlistedNon-exchangeTraded 2024-04-30 07757450 frs-core:UnlistedNon-exchangeTraded 2023-04-30 07757450 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 07757450 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 07757450 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 07757450 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 07757450 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 07757450 frs-bus:Director1 2023-05-01 2024-04-30 07757450 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 07757450 frs-core:CurrentFinancialInstruments 1 2024-04-30 07757450 frs-countries:EnglandWales 2023-05-01 2024-04-30 07757450 2022-04-30 07757450 2023-04-30 07757450 2022-05-01 2023-04-30 07757450 frs-core:CurrentFinancialInstruments 2023-04-30 07757450 frs-core:RevaluationReserve 2023-04-30 07757450 frs-core:ShareCapital 2023-04-30 07757450 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 07757450 frs-core:CurrentFinancialInstruments 1 2023-04-30
D2 Legal Technology Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Walji & Co Private Clients Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07757450
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30,006 35,182
Investments 5 738 744
30,744 35,926
CURRENT ASSETS
Debtors 6 1,263,367 1,479,227
Investments 7 79,914 -
Cash at bank and in hand 806,045 1,161,030
2,149,326 2,640,257
Creditors: Amounts Falling Due Within One Year 8 (590,323 ) (531,226 )
NET CURRENT ASSETS (LIABILITIES) 1,559,003 2,109,031
TOTAL ASSETS LESS CURRENT LIABILITIES 1,589,747 2,144,957
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,502 ) (6,685 )
NET ASSETS 1,582,245 2,138,272
CAPITAL AND RESERVES
Called up share capital 9 500 500
Revaluation reserve 10 (4 ) (4 )
Profit and Loss Account 1,581,749 2,137,776
SHAREHOLDERS' FUNDS 1,582,245 2,138,272
Page 1
Page 2
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 members have 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 A H Datoo
Director
24/01/2025
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
D2 Legal Technology Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07757450 . The registered office is 71-75 Shelton Street, London, WC2H 9JQ.
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 20% on cost
Computer Equipment 20% on cost
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 19 (2023: 16)
19 16
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 27,127 35,625 62,752
Additions 1,050 1,275 2,325
As at 30 April 2024 28,177 36,900 65,077
Depreciation
As at 1 May 2023 13,204 14,366 27,570
Provided during the period 2,994 4,507 7,501
As at 30 April 2024 16,198 18,873 35,071
Net Book Value
As at 30 April 2024 11,979 18,027 30,006
As at 1 May 2023 13,923 21,259 35,182
5. Investments
Listed Unlisted Total
£ £ £
Cost
As at 1 May 2023 - 744 744
Revaluations (6 ) - (6 )
As at 30 April 2024 (6 ) 744 738
Provision
As at 1 May 2023 - - -
As at 30 April 2024 - - -
Net Book Value
As at 30 April 2024 (6 ) 744 738
As at 1 May 2023 - 744 744
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
D2 Legal Change Inc
Registered Office - 17210 Lancaster Highway, Suite #405, Charlotte, Meckenburg County, N Carolina 28277
Proportion of voting rights and shares held 100% (2021 - 100%)
The principal activity of D2 Legal Change Inc is the provision of documentation technology and consulting services.
D2 Legal HK Ltd
Registered Office - Unit 1801-02, 18th Floor, LKF29, No29 Wyndham Street, Central Hong Kong
Proportion of voting rights and shares held 100% (2021 - 100%)
The principal activity of D2 Legal HK Ltd is the provision of documentation technology and consulting services.
D2 Legal AU PTY Ltd
Registered Office - Level 14, 15 Castlereagh Street, Sydney, NSW2000, Australia
Proportion of voting rights and shares held 100% (2021 - 100%)
The principal activity of D2 Legal AU PTY Ltd is the provision of documentation technology and consulting services.
Dee Two Pte. Ltd
Registered Office - 8 Eu Tong Sen Street, #16-82, The Central, Singapore
Proporation of voting rights and shares held 100%.
The principal activity of Dee Two Pte. Ltd is the provision of documentation technology and consulting services.
D2 India Ltd
...CONTINUED
Page 4
Page 5
5. Investments - continued
Registered Office - 185/7 2nd Floor, Chandra Plaza, 8thF Main Road 25th Cross , Jayanagar 3rd Block, Bangalore, Karnataka, India.
Proporation of voting rights and shares held 100%.
The principal activity of D2 India Ltd is the provision of documentation technology and consulting services. 
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 329,008 666,799
Prepayments and accrued income 107,268 124,257
Other debtors 5,040 5,040
Amounts owed by group undertakings 770,106 617,265
Amounts owed by other participating interests 51,945 65,866
1,263,367 1,479,227
7. Current Asset Investments
2024 2023
£ £
Unlisted investments 79,914 -
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 117,730 100,325
Other taxes and social security 15,549 15,898
VAT 11,720 9,736
Net wages 563 -
Other creditors 2,963 2,048
Other creditors (1) 17,323 12,671
Accruals and deferred income 111,058 38,693
Amounts owed to parent undertaking 313,417 351,855
590,323 531,226
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 500 500
10. Reserves
Revaluation Reserve
£
As at 1 May 2023 (4 )
As at 30 April 2024 (4 )
Page 5
Page 6
11. Related Party Transactions
D2 India Ltd100% subsidiary companyD2 Legal Technology Ltd provided a loan to D2 India Ltd during the year of £365. As at the year end the total amount owed to D2 Legal Technology Ltd was £365.

D2 India Ltd

100% subsidiary company

D2 Legal Technology Ltd provided a loan to D2 India Ltd during the year of £365. As at the year end the total amount owed to D2 Legal Technology Ltd was £365.

D2 Legal Change Inc100% subsidiary companyLoans have been provided to D2 Legal Change Inc. The balance outstanding at the year end was £615,334 (2023 - £303,824). D2 Legal Technology Ltd provided services to D2 Legal Change Inc for which it received £382,692 (2023 - £384,709) and dividend income of £nil (2023 - £505,750).

D2 Legal Change Inc

100% subsidiary company

Loans have been provided to D2 Legal Change Inc. The balance outstanding at the year end was £615,334 (2023 - £303,824). D2 Legal Technology Ltd provided services to D2 Legal Change Inc for which it received £382,692 (2023 - £384,709) and dividend income of £nil (2023 - £505,750).

D2LT Group LtdParent companyD2 Legal Technology Ltd paid expenses of £2,500 (2023 - £nil) on behalf of the parent company during the year. Dividends of £600,000 (2023 - £300,000) were also payable to the parent company. As at the year end the amount outstanding and due to D2LT Group Ltd was £313,417 (2023 - £351,855).

D2LT Group Ltd

Parent company

D2 Legal Technology Ltd paid expenses of £2,500 (2023 - £nil) on behalf of the parent company during the year. Dividends of £600,000 (2023 - £300,000) were also payable to the parent company. As at the year end the amount outstanding and due to D2LT Group Ltd was £313,417 (2023 - £351,855).

Dee Two Pte Ltd100% subsidiary companyD2 Legal Technology Ltd paid for business expenses incurred in the UK by Dee Two Pte. Ltd amounting to £148,924 (2023 - £99,791). Loans were provided to Dee Two Pte. Ltd and as at the year end the total amount owed to D2 Legal Technology Ltd was £18,065.63 (2023 - £74,507).

Dee Two Pte Ltd

100% subsidiary company

D2 Legal Technology Ltd paid for business expenses incurred in the UK by Dee Two Pte. Ltd amounting to £148,924 (2023 - £99,791). Loans were provided to Dee Two Pte. Ltd and as at the year end the total amount owed to D2 Legal Technology Ltd was £18,065.63 (2023 - £74,507).

D2 Legal Technology Services LLPA limited liability partnership in which Mr A Datoo is a memberD2 Legal Technology Services LLP Ltd provided £30,000 (2023 - £30,000) of services to D2 Legal Technology Ltd during the year. As at the year end, D2 Legal Technology Services LLP owed D2 Legal Technology Ltd £51,945 (2023 - £65,866).

D2 Legal Technology Services LLP

A limited liability partnership in which Mr A Datoo is a member

D2 Legal Technology Services LLP Ltd provided £30,000 (2023 - £30,000) of services to D2 Legal Technology Ltd during the year. As at the year end, D2 Legal Technology Services LLP owed D2 Legal Technology Ltd £51,945 (2023 - £65,866).

D2 Legal AU PTY Ltd100% subsidiary companyLoans have been provided to D2 Legal AU PTY Ltd. The balance outstanding at the year end was £72,134 (2023 - £115,654). D2 Legal Technology Ltd paid for business expenses incurred by D2 Legal AU PTY Ltd amounting to £123,627 (2023 - £150,000) and received £nil (2023 - £41,250) for services provided to D2 Legal AU PTY Ltd.

D2 Legal AU PTY Ltd

100% subsidiary company

Loans have been provided to D2 Legal AU PTY Ltd. The balance outstanding at the year end was £72,134 (2023 - £115,654). D2 Legal Technology Ltd paid for business expenses incurred by D2 Legal AU PTY Ltd amounting to £123,627 (2023 - £150,000) and received £nil (2023 - £41,250) for services provided to D2 Legal AU PTY Ltd.

D2 Legal HK Ltd100% subsidiary companyD2 Legal Technology Ltd paid for business expenses incurred in the UK by D2 Legal HK Ltd amounting to £76,351 (2023 - £nil). Loans were provided to D2 Legal HK Ltd. The balance outstanding at the year end was £64,207 (2023 - £123,280). D2 Legal Technology Ltd provided services to D2 Legal HL Ltd amounting to £nil (2023 £5,500).

D2 Legal HK Ltd

100% subsidiary company

D2 Legal Technology Ltd paid for business expenses incurred in the UK by D2 Legal HK Ltd amounting to £76,351 (2023 - £nil). Loans were provided to D2 Legal HK Ltd. The balance outstanding at the year end was £64,207 (2023 - £123,280). D2 Legal Technology Ltd provided services to D2 Legal HL Ltd amounting to £nil (2023 £5,500).

12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is D2LT Group Limited , incorporated in England and Wales. The ultimate controlling party is Mr A Datoo .
Page 6