Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11660095 Mr David Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11660095 2023-11-30 11660095 2024-11-30 11660095 2023-12-01 2024-11-30 11660095 frs-core:CurrentFinancialInstruments 2024-11-30 11660095 frs-core:RevaluationReserve 2023-12-01 2024-11-30 11660095 frs-core:RevaluationReserve 2024-11-30 11660095 frs-core:ShareCapital 2024-11-30 11660095 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11660095 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11660095 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11660095 frs-bus:SmallEntities 2023-12-01 2024-11-30 11660095 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11660095 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11660095 frs-bus:Director1 2023-12-01 2024-11-30 11660095 frs-countries:EnglandWales 2023-12-01 2024-11-30 11660095 2022-11-30 11660095 2023-11-30 11660095 2022-12-01 2023-11-30 11660095 frs-core:CurrentFinancialInstruments 2023-11-30 11660095 frs-core:RevaluationReserve 2023-11-30 11660095 frs-core:ShareCapital 2023-11-30 11660095 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11660095
DAJT Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Pennington Silver
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11660095
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 170,000 165,000
170,000 165,000
CURRENT ASSETS
Debtors 5 218,021 218,021
Cash at bank and in hand 31 24
218,052 218,045
Creditors: Amounts Falling Due Within One Year 6 (331,085 ) (347,312 )
NET CURRENT ASSETS (LIABILITIES) (113,033 ) (129,267 )
TOTAL ASSETS LESS CURRENT LIABILITIES 56,967 35,733
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,349 ) (4,399 )
NET ASSETS 51,618 31,334
CAPITAL AND RESERVES
Called up share capital 7 1 1
Revaluation reserve 8 22,804 -
Profit and Loss Account 28,813 31,333
SHAREHOLDERS' FUNDS 51,618 31,334
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 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 David Thompson
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
DAJT Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11660095 . The registered office is 30 Union Street, Southport, PR9 0QE.
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 and derived from the current market rents and investment property yields for 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 profit and loss account.
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: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 December 2023 165,000
Fair value adjustments 5,000
As at 30 November 2024 170,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 218,021 218,021
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 326,106 346,141
Taxation and social security 4,979 1,171
331,085 347,312
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Reserves
Revaluation Reserve
£
Transfer to/from profit and loss 22,804
As at 30 November 2024 22,804
9. Related Party Transactions
At 30th November 2024 the company was owed £218,021 (2023: £218,021) by a related party. The director David Thompson is a 50% shareholder of this related party.
Page 4