Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 NI675851 Mr Barry McGuigan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI675851 2023-01-31 NI675851 2024-01-31 NI675851 2023-02-01 2024-01-31 NI675851 frs-core:CurrentFinancialInstruments 2024-01-31 NI675851 frs-core:ComputerEquipment 2024-01-31 NI675851 frs-core:ComputerEquipment 2023-02-01 2024-01-31 NI675851 frs-core:ComputerEquipment 2023-01-31 NI675851 frs-core:FurnitureFittings 2024-01-31 NI675851 frs-core:FurnitureFittings 2023-02-01 2024-01-31 NI675851 frs-core:FurnitureFittings 2023-01-31 NI675851 frs-core:MotorVehicles 2024-01-31 NI675851 frs-core:MotorVehicles 2023-02-01 2024-01-31 NI675851 frs-core:MotorVehicles 2023-01-31 NI675851 frs-core:PlantMachinery 2024-01-31 NI675851 frs-core:PlantMachinery 2023-02-01 2024-01-31 NI675851 frs-core:PlantMachinery 2023-01-31 NI675851 frs-core:ShareCapital 2024-01-31 NI675851 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI675851 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 NI675851 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 NI675851 frs-bus:SmallEntities 2023-02-01 2024-01-31 NI675851 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 NI675851 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 NI675851 frs-bus:Director1 2023-02-01 2024-01-31 NI675851 frs-bus:Director1 2023-01-31 NI675851 frs-bus:Director1 2024-01-31 NI675851 frs-countries:NorthernIreland 2023-02-01 2024-01-31 NI675851 2022-01-31 NI675851 2023-01-31 NI675851 2022-02-01 2023-01-31 NI675851 frs-core:CurrentFinancialInstruments 2023-01-31 NI675851 frs-core:ShareCapital 2023-01-31 NI675851 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: NI675851
DMMF Services Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
42a-44a New Row
Coleraine
BT52 1AF
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of DMMF Services Ltd For The Year Ended 31 January 2024
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet as at year ended 31 January 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
EM Accountants
17/01/2025
EM Accountants
Chartered Accountants
42a-44a New Row
Coleraine
BT52 1AF
Page 1
Page 2
Balance Sheet
Registered number: NI675851
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 61,349 15,682
61,349 15,682
CURRENT ASSETS
Debtors 5 117,088 80,192
Cash at bank and in hand 112,446 23,461
229,534 103,653
Creditors: Amounts Falling Due Within One Year 6 (72,665 ) (34,153 )
NET CURRENT ASSETS (LIABILITIES) 156,869 69,500
TOTAL ASSETS LESS CURRENT LIABILITIES 218,218 85,182
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,656 ) -
NET ASSETS 206,562 85,182
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 206,462 85,082
SHAREHOLDERS' FUNDS 206,562 85,182
Page 2
Page 3
For the year ending 31 January 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 Barry McGuigan
Director
17/01/2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
DMMF Services Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI675851 . The registered office is 42 New Row, Coleraine, Derry, BT52 1AF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
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2.4. 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: 6 (2023: 4)
6 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 8,714 10,900 1,325 256 21,195
Additions 30,353 24,600 - - 54,953
As at 31 January 2024 39,067 35,500 1,325 256 76,148
Depreciation
As at 1 February 2023 3,314 2,086 81 32 5,513
Provided during the period 5,407 3,586 248 45 9,286
As at 31 January 2024 8,721 5,672 329 77 14,799
Net Book Value
As at 31 January 2024 30,346 29,828 996 179 61,349
As at 1 February 2023 5,400 8,814 1,244 224 15,682
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,431 58,379
VAT 8,217 8,110
Other taxes and social security 95,613 12,315
Director's loan account 11,827 1,388
117,088 80,192
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,928 7,538
Corporation tax 43,412 16,617
Other creditors 5,550 3,223
Accruals and deferred income 6,775 6,775
72,665 34,153
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Barry McGuigan 1,388 10,439 - - 11,827
The above loan is unsecured, interest free and repayable on demand.
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