Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10251346 Mr SATHESAN GANESARAJAH Sathesan Ganesarajah true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10251346 2023-06-30 10251346 2024-06-30 10251346 2023-07-01 2024-06-30 10251346 frs-core:CurrentFinancialInstruments 2024-06-30 10251346 frs-core:Non-currentFinancialInstruments 2024-06-30 10251346 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10251346 frs-core:ShareCapital 2024-06-30 10251346 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10251346 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10251346 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10251346 frs-bus:SmallEntities 2023-07-01 2024-06-30 10251346 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10251346 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10251346 1 2023-07-01 2024-06-30 10251346 frs-bus:Director1 2023-07-01 2024-06-30 10251346 frs-countries:EnglandWales 2023-07-01 2024-06-30 10251346 2022-06-30 10251346 2023-06-30 10251346 2022-07-01 2023-06-30 10251346 frs-core:CurrentFinancialInstruments 2023-06-30 10251346 frs-core:Non-currentFinancialInstruments 2023-06-30 10251346 frs-core:ShareCapital 2023-06-30 10251346 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10251346
DIGITAL CAPITAL RESEARCH LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3
Page 1
Company Information
Director Mr SATHESAN GANESARAJAH
Company Number 10251346
Registered Office Suite 1A The Gaslight
Lower Warrengate
Wakefield
WF1 1SA
Accountants Durhams Accountants Limited
8 Yorkdale Drive
Hambleton
North Yorkshire
YO8 9YB
Page 1
Page 2
Balance Sheet
Registered number: 10251346
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 305,899 305,909
Cash at bank and in hand 19 9
305,918 305,918
Creditors: Amounts Falling Due Within One Year 5 (317,000 ) (317,000 )
NET CURRENT ASSETS (LIABILITIES) (11,082 ) (11,082 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,082 ) (11,082 )
Creditors: Amounts Falling Due After More Than One Year 6 (44,925 ) (44,925 )
NET LIABILITIES (56,007 ) (56,007 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (56,008 ) (56,008 )
SHAREHOLDERS' FUNDS (56,007) (56,007)
For the year ending 30 June 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 SATHESAN GANESARAJAH
Director
20/02/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DIGITAL CAPITAL RESEARCH LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10251346 . The registered office is Suite 1A The Gaslight, Lower Warrengate, Wakefield, WF1 1SA.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Computer Equipment 4 Years
2.3. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 305,899 305,909
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to related parties 317,000 317,000
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 44,925 44,925
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Sathesan Ganesarajah by virtue of his ownership of 100% of the issued share capital in the company.
Page 3