Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07700108 Mr Martin David Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07700108 2023-07-31 07700108 2024-07-31 07700108 2023-08-01 2024-07-31 07700108 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 07700108 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07700108 frs-core:NetGoodwill 2023-08-01 2024-07-31 07700108 frs-core:MotorVehicles 2023-08-01 2024-07-31 07700108 frs-core:PlantMachinery 2023-08-01 2024-07-31 07700108 frs-core:ShareCapital 2024-07-31 07700108 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07700108 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07700108 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 07700108 frs-bus:SmallEntities 2023-08-01 2024-07-31 07700108 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07700108 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07700108 frs-bus:Director1 2023-08-01 2024-07-31 07700108 frs-countries:EnglandWales 2023-08-01 2024-07-31 07700108 2022-07-31 07700108 2023-07-31 07700108 2022-08-01 2023-07-31 07700108 frs-core:ShareCapital 2023-07-31 07700108 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07700108
Designit Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
VIBAS Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 07700108
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,277 3,036
2,277 3,036
CURRENT ASSETS
Debtors (14,134 ) (14,036 )
Cash at bank and in hand 20,124 21,272
5,990 7,236
Creditors: Amounts Falling Due Within One Year (938 ) (577 )
NET CURRENT ASSETS (LIABILITIES) 5,052 6,659
TOTAL ASSETS LESS CURRENT LIABILITIES 7,329 9,695
NET ASSETS 7,329 9,695
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 7,229 9,595
SHAREHOLDERS' FUNDS 7,329 9,695
Page 1
Page 2
For the year ending 31 July 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Martin David Jones
Director
02/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Designit Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07700108 . The registered office is 6 Staggs Road, Thame, OX9 3AG.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 August 2023 4,048
As at 31 July 2024 4,048
Depreciation
As at 1 August 2023 1,012
Provided during the period 759
As at 31 July 2024 1,771
Net Book Value
As at 31 July 2024 2,277
As at 1 August 2023 3,036
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3