Acorah Software Products - Accounts Production 16.1.300 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 13726683 J Heaton E M Carr M F Gibson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13726683 2023-11-30 13726683 2024-11-30 13726683 2023-12-01 2024-11-30 13726683 frs-core:CurrentFinancialInstruments 2024-11-30 13726683 frs-core:Non-currentFinancialInstruments 2024-11-30 13726683 frs-core:ShareCapital 2024-11-30 13726683 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13726683 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13726683 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13726683 frs-bus:SmallEntities 2023-12-01 2024-11-30 13726683 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13726683 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13726683 frs-core:UnlistedNon-exchangeTraded 2024-11-30 13726683 frs-core:UnlistedNon-exchangeTraded 2023-11-30 13726683 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 13726683 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-11-30 13726683 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 13726683 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 13726683 frs-bus:Director1 2023-12-01 2024-11-30 13726683 frs-bus:Director2 2023-12-01 2024-11-30 13726683 frs-bus:Director3 2023-12-01 2024-11-30 13726683 frs-countries:EnglandWales 2023-12-01 2024-11-30 13726683 2022-11-30 13726683 2023-11-30 13726683 2022-12-01 2023-11-30 13726683 frs-core:CurrentFinancialInstruments 2023-11-30 13726683 frs-core:Non-currentFinancialInstruments 2023-11-30 13726683 frs-core:ShareCapital 2023-11-30 13726683 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13726683
Dikeland Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13726683
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 495,000 495,000
Investments 5 10,000 10,000
505,000 505,000
CURRENT ASSETS
Debtors 6 1,900 77,691
Investments 7 5,217,423 5,123,890
Cash at bank and in hand 7,046 16,038
5,226,369 5,217,619
Creditors: Amounts Falling Due Within One Year 8 (1,905,798 ) (2,104,861 )
NET CURRENT ASSETS (LIABILITIES) 3,320,571 3,112,758
TOTAL ASSETS LESS CURRENT LIABILITIES 3,825,571 3,617,758
Creditors: Amounts Falling Due After More Than One Year 9 (1,000,000 ) (1,000,000 )
NET ASSETS 2,825,571 2,617,758
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 2,825,569 2,617,756
SHAREHOLDERS' FUNDS 2,825,571 2,617,758
Page 1
Page 2
For the year ending 30 November 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
J Heaton
Director
E M Carr
Director
12/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dikeland Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13726683 . The registered office is 7 Dikelands Close, Upper Poppleton, York, YO26 6HY.
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. Investment Properties
All investment properties are carried at fair value determined annually by the directors. When appropriate, a professional valuation is undertaken to ensure the fair value is not materially different to the carrying value. Factors taken into account include 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 revaluation reserve.
2.3. 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: 3 (2023: 3)
3 3
4. Investment Property
2024
£
Fair Value
As at 1 December 2023 and 30 November 2024 495,000
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 December 2023 10,000
As at 30 November 2024 10,000
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 10,000
As at 1 December 2023 10,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,900 77,691
7. Current Asset Investments
2024 2023
£ £
Listed investments 5,217,423 5,123,890
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 200,000 400,000
Other creditors 1,700,744 1,704,861
Taxation and social security 5,054 -
1,905,798 2,104,861
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 1,000,000 1,000,000
10. Related Party Transactions
During the period, the company entered into transactions with memers of key management. At the balance sheet date, the company owed £2,698,368 (2023 - £2,702,485) to key management personnel. This balance is repayable on demand and presented within creditors due within one year. There is interest accruing on part of this balance.
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