Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 4 April 2022 false 1 May 2023 30 April 2024 30 April 2024 14022747 Mr Bilal Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14022747 2023-04-30 14022747 2024-04-30 14022747 2023-05-01 2024-04-30 14022747 frs-core:CurrentFinancialInstruments 2024-04-30 14022747 frs-core:Non-currentFinancialInstruments 2024-04-30 14022747 frs-core:ComputerEquipment 2024-04-30 14022747 frs-core:ComputerEquipment 2023-05-01 2024-04-30 14022747 frs-core:ComputerEquipment 2023-04-30 14022747 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 14022747 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 14022747 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 14022747 frs-core:PlantMachinery 2024-04-30 14022747 frs-core:PlantMachinery 2023-05-01 2024-04-30 14022747 frs-core:PlantMachinery 2023-04-30 14022747 frs-core:ShareCapital 2024-04-30 14022747 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14022747 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14022747 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 14022747 frs-bus:SmallEntities 2023-05-01 2024-04-30 14022747 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14022747 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 14022747 frs-bus:Director1 2023-05-01 2024-04-30 14022747 frs-bus:Director1 2023-04-30 14022747 frs-bus:Director1 2024-04-30 14022747 frs-countries:EnglandWales 2023-05-01 2024-04-30 14022747 2022-04-03 14022747 2023-04-30 14022747 2022-04-04 2023-04-30 14022747 frs-core:CurrentFinancialInstruments 2023-04-30 14022747 frs-core:Non-currentFinancialInstruments 2023-04-30 14022747 frs-core:ShareCapital 2023-04-30 14022747 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 14022747
Dezign Studio Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14022747
30 April 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,775 78,013
69,775 78,013
CURRENT ASSETS
Debtors 5 97,824 54,255
Cash at bank and in hand 49,127 133,500
146,951 187,755
Creditors: Amounts Falling Due Within One Year 6 (45,263 ) (35,054 )
NET CURRENT ASSETS (LIABILITIES) 101,688 152,701
TOTAL ASSETS LESS CURRENT LIABILITIES 171,463 230,714
Creditors: Amounts Falling Due After More Than One Year 7 (250,000 ) (250,000 )
NET LIABILITIES (78,537 ) (19,286 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (78,538 ) (19,287 )
SHAREHOLDERS' FUNDS (78,537) (19,286)
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
Mr Bilal Patel
Director
01/04/2025
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
Dezign Studio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14022747 . The registered office is 104 High Street, Barkingside, Ilford, IG6 2DR.
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 10%
Plant & Machinery 20%
Computer Equipment 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 80,001 5,432 2,083 87,516
Additions - 205 - 205
As at 30 April 2024 80,001 5,637 2,083 87,721
Depreciation
As at 1 May 2023 8,000 1,086 417 9,503
Provided during the period 7,200 910 333 8,443
As at 30 April 2024 15,200 1,996 750 17,946
Net Book Value
As at 30 April 2024 64,801 3,641 1,333 69,775
As at 1 May 2023 72,001 4,346 1,666 78,013
Page 3
Page 4
5. Debtors
30 April 2024 30 April 2023
£ £
Due within one year
Trade debtors 69,077 30,125
Prepayments and accrued income 21,667 21,667
Other debtors 5,000 -
VAT - 2,463
Director's loan account 2,080 -
97,824 54,255
6. Creditors: Amounts Falling Due Within One Year
30 April 2024 30 April 2023
£ £
Trade creditors 34,029 30,866
Bank loans and overdrafts 279 2,419
Other taxes and social security 193 1,769
VAT 8,375 -
Net wages 2,387 -
45,263 35,054
7. Creditors: Amounts Falling Due After More Than One Year
30 April 2024 30 April 2023
£ £
Bank loans 250,000 250,000
8. Share Capital
30 April 2024 30 April 2023
£ £
Allotted, Called up and fully paid 1 1
9. 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 Bilal Patel - 2,080 - - 2,080
The above loan is unsecured, interest free and repayable on demand.
Page 4