Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04905256 Mrs Jean Daniels Mr Nigel Daniels Mr Gavin Daniels Dr Darren Daniels Mrs Jean Daniels iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04905256 2023-09-30 04905256 2024-09-30 04905256 2023-10-01 2024-09-30 04905256 frs-core:CurrentFinancialInstruments 2024-09-30 04905256 frs-core:ComputerEquipment 2024-09-30 04905256 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04905256 frs-core:ComputerEquipment 2023-09-30 04905256 frs-core:MotorVehicles 2024-09-30 04905256 frs-core:MotorVehicles 2023-10-01 2024-09-30 04905256 frs-core:MotorVehicles 2023-09-30 04905256 frs-core:RevaluationReserve 2023-10-01 2024-09-30 04905256 frs-core:RevaluationReserve 2023-09-30 04905256 frs-core:RevaluationReserve 2024-09-30 04905256 frs-core:ShareCapital 2024-09-30 04905256 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04905256 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04905256 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04905256 frs-bus:SmallEntities 2023-10-01 2024-09-30 04905256 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04905256 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04905256 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30 04905256 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-30 04905256 frs-bus:Director1 2023-10-01 2024-09-30 04905256 frs-bus:Director2 2023-10-01 2024-09-30 04905256 frs-bus:Director3 2023-10-01 2024-09-30 04905256 frs-bus:Director4 2023-10-01 2024-09-30 04905256 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04905256 frs-countries:EnglandWales 2023-10-01 2024-09-30 04905256 2022-09-30 04905256 2023-09-30 04905256 2022-10-01 2023-09-30 04905256 frs-core:CurrentFinancialInstruments 2023-09-30 04905256 frs-core:RevaluationReserve 2023-09-30 04905256 frs-core:ShareCapital 2023-09-30 04905256 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 04905256 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30
Registered number: 04905256
Daniels & Daniels Limited
Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04905256
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,237 28,701
Investment Properties 5 515,000 487,000
537,237 515,701
CURRENT ASSETS
Debtors 6 - 225
Cash at bank and in hand 30,430 34,646
30,430 34,871
Creditors: Amounts Falling Due Within One Year 7 (51,150 ) (63,899 )
NET CURRENT ASSETS (LIABILITIES) (20,720 ) (29,028 )
TOTAL ASSETS LESS CURRENT LIABILITIES 516,517 486,673
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,682 ) (29,246 )
NET ASSETS 482,835 457,427
CAPITAL AND RESERVES
Called up share capital 8 666 666
Revaluation reserve 9 266,188 238,188
Fair value reserve 9 (29,457 ) (23,857 )
Profit and Loss Account 245,438 242,430
SHAREHOLDERS' FUNDS 482,835 457,427
Page 1
Page 2
For the year ending 30 September 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
Mrs Jean Daniels
Director
28 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Daniels & Daniels Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04905256 . The registered office is 22 Kirby Lane, Kirby Muxloe, Leicester, LE9 2JG.
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.

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:
Motor Vehicles 25% reducing balance
Computer Equipment 20% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 October 2023 28,600 1,350 29,950
Additions - 865 865
As at 30 September 2024 28,600 2,215 30,815
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 October 2023 596 653 1,249
Provided during the period 7,001 328 7,329
As at 30 September 2024 7,597 981 8,578
Net Book Value
As at 30 September 2024 21,003 1,234 22,237
As at 1 October 2023 28,004 697 28,701
Cost or valuation as at 30 September 2024 represented by:
Motor Vehicles Computer Equipment Total
£ £ £
At cost 28,600 2,215 30,815
28,600 2,215 30,815
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 487,000
Revaluations 28,000
As at 30 September 2024 515,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 225
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 1,949 7,209
Accruals and deferred income 1,990 1,494
Directors' loan accounts 47,211 55,196
51,150 63,899
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 666 666
Page 4
Page 5
9. Reserves
Revaluation Reserve Fair Value Reserve
£ £
As at 1 October 2023 238,188 (23,857 )
Surplus on revaluation 28,000 -
Movements in fair value reserve - (5,600)
As at 30 September 2024 266,188 (29,457 )
Page 5