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 07592630 S HUDSON iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07592630 2023-04-30 07592630 2024-04-30 07592630 2023-05-01 2024-04-30 07592630 frs-core:CurrentFinancialInstruments 2024-04-30 07592630 frs-core:ComputerEquipment 2024-04-30 07592630 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07592630 frs-core:ComputerEquipment 2023-04-30 07592630 frs-core:PlantMachinery 2024-04-30 07592630 frs-core:PlantMachinery 2023-05-01 2024-04-30 07592630 frs-core:PlantMachinery 2023-04-30 07592630 frs-core:ShareCapital 2024-04-30 07592630 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07592630 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07592630 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07592630 frs-bus:SmallEntities 2023-05-01 2024-04-30 07592630 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07592630 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07592630 frs-bus:Director1 2023-05-01 2024-04-30 07592630 frs-bus:Director1 2023-04-30 07592630 frs-bus:Director1 2024-04-30 07592630 frs-core:CurrentFinancialInstruments 1 2024-04-30 07592630 frs-countries:EnglandWales 2023-05-01 2024-04-30 07592630 2022-04-30 07592630 2023-04-30 07592630 2022-05-01 2023-04-30 07592630 frs-core:CurrentFinancialInstruments 2023-04-30 07592630 frs-core:ShareCapital 2023-04-30 07592630 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 07592630 frs-core:CurrentFinancialInstruments 1 2023-04-30
Registered number: 07592630
DISGUYS LIMITED
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07592630
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,285 7,687
6,285 7,687
CURRENT ASSETS
Debtors 5 41,866 27,456
Cash at bank and in hand 199,330 209,375
241,196 236,831
Creditors: Amounts Falling Due Within One Year 6 (25,638 ) (18,676 )
NET CURRENT ASSETS (LIABILITIES) 215,558 218,155
TOTAL ASSETS LESS CURRENT LIABILITIES 221,843 225,842
NET ASSETS 221,843 225,842
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 221,743 225,742
SHAREHOLDERS' FUNDS 221,843 225,842
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 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
S HUDSON
Director
31/01/2025
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
DISGUYS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 07592630 . The registered office is 51A INDEPENDENT PLACE, LONDON, LONDON, E8 2HE.
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:
Plant & Machinery 25% Reducing balance method
Computer Equipment 25% Reducing balance method
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 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.
...CONTINUED
Page 3
Page 4
2.4. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 18,418 1,368 19,786
Additions 709 - 709
As at 30 April 2024 19,127 1,368 20,495
Depreciation
As at 1 May 2023 10,689 1,410 12,099
Provided during the period 2,111 - 2,111
As at 30 April 2024 12,800 1,410 14,210
Net Book Value
As at 30 April 2024 6,327 (42 ) 6,285
As at 1 May 2023 7,729 (42 ) 7,687
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,606 9,356
Other debtors 16,520 18,100
Other debtors (1) 19,725 -
Other taxes and social security 15 -
41,866 27,456
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,558 7,867
Other taxes and social security - 117
VAT 2,503 4,705
Accruals and deferred income 5,278 5,307
Director's loan account 13,299 680
25,638 18,676
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 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr STEPHEN HUDSON - 19,725 19,725 - -
The above loan is unsecured, interest free and repayable on demand, this loan has been repaid in full on the 31 January 2025.
During the year under review the company had related party transaction with its directo. As of the 30 April 2024 the company owed its director £13,299, 2023 £680.
Page 5