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 01003299 Mr Christopher Bellamy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01003299 2023-06-30 01003299 2024-06-30 01003299 2023-07-01 2024-06-30 01003299 frs-core:CurrentFinancialInstruments 2024-06-30 01003299 frs-core:ComputerEquipment 2024-06-30 01003299 frs-core:ComputerEquipment 2023-07-01 2024-06-30 01003299 frs-core:ComputerEquipment 2023-06-30 01003299 frs-core:FurnitureFittings 2024-06-30 01003299 frs-core:FurnitureFittings 2023-07-01 2024-06-30 01003299 frs-core:FurnitureFittings 2023-06-30 01003299 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 01003299 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 01003299 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 01003299 frs-core:PlantMachinery 2024-06-30 01003299 frs-core:PlantMachinery 2023-07-01 2024-06-30 01003299 frs-core:PlantMachinery 2023-06-30 01003299 frs-core:ShareCapital 2024-06-30 01003299 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 01003299 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01003299 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 01003299 frs-bus:SmallEntities 2023-07-01 2024-06-30 01003299 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 01003299 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 01003299 frs-bus:Director1 2023-07-01 2024-06-30 01003299 frs-countries:EnglandWales 2023-07-01 2024-06-30 01003299 2022-06-30 01003299 2023-06-30 01003299 2022-07-01 2023-06-30 01003299 frs-core:CurrentFinancialInstruments 2023-06-30 01003299 frs-core:ShareCapital 2023-06-30 01003299 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 01003299
Dorking Properties Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01003299
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 659,980 659,744
659,980 659,744
CURRENT ASSETS
Debtors 5 4,561 19,256
Cash at bank and in hand 9,495 51,791
14,056 71,047
Creditors: Amounts Falling Due Within One Year 6 (26,418 ) (27,887 )
NET CURRENT ASSETS (LIABILITIES) (12,362 ) 43,160
TOTAL ASSETS LESS CURRENT LIABILITIES 647,618 702,904
PROVISIONS FOR LIABILITIES
Deferred Taxation (86,281 ) (86,326 )
NET ASSETS 561,337 616,578
CAPITAL AND RESERVES
Called up share capital 7 25,000 25,000
Profit and Loss Account 536,337 591,578
SHAREHOLDERS' FUNDS 561,337 616,578
Page 1
Page 2
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 Christopher Bellamy
Director
12/03/2025
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
Dorking Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01003299 . The registered office is 33 Queen Street, Horsham, RH13 5AA.
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:
Leasehold No Depreciation
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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 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: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 655,595 16,585 4,810 607 677,597
Additions - - - 1,697 1,697
As at 30 June 2024 655,595 16,585 4,810 2,304 679,294
Depreciation
As at 1 July 2023 - 13,534 4,167 152 17,853
Provided during the period - 762 161 538 1,461
As at 30 June 2024 - 14,296 4,328 690 19,314
Net Book Value
As at 30 June 2024 655,595 2,289 482 1,614 659,980
As at 1 July 2023 655,595 3,051 643 455 659,744
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 16,650
Prepayments and accrued income 3,132 2,606
VAT 1,429 -
4,561 19,256
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,507 1,722
Corporation tax 13,963 18,496
VAT - 7,033
Director's loan account 7,948 636
26,418 27,887
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 25,000 25,000
Page 4