Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 31 July 2024 31 July 2024 10149977 Mr J A Jones Mr J Nutter Mr C Ross iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10149977 2023-04-30 10149977 2024-07-31 10149977 2023-05-01 2024-07-31 10149977 frs-core:CurrentFinancialInstruments 2024-07-31 10149977 frs-core:Non-currentFinancialInstruments 2024-07-31 10149977 frs-core:ComputerEquipment 2023-05-01 2024-07-31 10149977 frs-core:FurnitureFittings 2023-05-01 2024-07-31 10149977 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 10149977 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-07-31 10149977 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 10149977 frs-core:MotorVehicles 2024-07-31 10149977 frs-core:MotorVehicles 2023-05-01 2024-07-31 10149977 frs-core:MotorVehicles 2023-04-30 10149977 frs-core:PlantMachinery 2024-07-31 10149977 frs-core:PlantMachinery 2023-05-01 2024-07-31 10149977 frs-core:PlantMachinery 2023-04-30 10149977 frs-core:SharePremium 2024-07-31 10149977 frs-core:ShareCapital 2024-07-31 10149977 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10149977 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-07-31 10149977 frs-bus:FilletedAccounts 2023-05-01 2024-07-31 10149977 frs-bus:SmallEntities 2023-05-01 2024-07-31 10149977 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-07-31 10149977 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-07-31 10149977 frs-bus:Director1 2023-05-01 2024-07-31 10149977 frs-bus:Director2 2023-05-01 2024-07-31 10149977 frs-bus:Director3 2023-05-01 2024-07-31 10149977 frs-countries:EnglandWales 2023-05-01 2024-07-31 10149977 2022-04-30 10149977 2023-04-30 10149977 2022-05-01 2023-04-30 10149977 frs-core:CurrentFinancialInstruments 2023-04-30 10149977 frs-core:Non-currentFinancialInstruments 2023-04-30 10149977 frs-core:SharePremium 2023-04-30 10149977 frs-core:ShareCapital 2023-04-30 10149977 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10149977
Diamond People (NE) Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 May 2023 to 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10149977
31 July 2024 30 April 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 128,622 142,855
128,622 142,855
CURRENT ASSETS
Debtors 5 274,968 170,051
Cash at bank and in hand 76,575 128,775
351,543 298,826
Creditors: Amounts Falling Due Within One Year 6 (163,990 ) (158,145 )
NET CURRENT ASSETS (LIABILITIES) 187,553 140,681
TOTAL ASSETS LESS CURRENT LIABILITIES 316,175 283,536
Creditors: Amounts Falling Due After More Than One Year 7 (155,105 ) (245,222 )
NET ASSETS 161,070 38,314
CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium account 125,000 -
Profit and Loss Account 35,970 38,214
SHAREHOLDERS' FUNDS 161,070 38,314
Page 1
Page 2
For the period 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 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
Mr J A Jones
Director
31st March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Diamond People (NE) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10149977 . The registered office is Unit 2b Mylord Crescent, Camperdown Industrial Estate, Newcastle Upon Tyne, NE12 5UJ.
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% reducing balance
Plant & Machinery 20% reducing balance
Motor Vehicles 15% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 17 (2023: 19)
17 19
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 May 2023 22,141 10,628 161,315 194,084
Additions - 27,000 - 27,000
Disposals - - (22,871 ) (22,871 )
As at 31 July 2024 22,141 37,628 138,444 198,213
Depreciation
As at 1 May 2023 - 2,163 49,066 51,229
Provided during the period 2,768 7,396 8,198 18,362
As at 31 July 2024 2,768 9,559 57,264 69,591
Net Book Value
As at 31 July 2024 19,373 28,069 81,180 128,622
As at 1 May 2023 22,141 8,465 112,249 142,855
5. Debtors
31 July 2024 30 April 2023
as restated
£ £
Due within one year
Trade debtors 120,075 110,649
Other debtors 154,893 59,402
274,968 170,051
6. Creditors: Amounts Falling Due Within One Year
31 July 2024 30 April 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 18,105 8,820
Trade creditors 66,092 40,203
Bank loans and overdrafts 16,684 17,400
Other creditors 43,886 87,114
Taxation and social security 19,223 4,608
163,990 158,145
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2024 30 April 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 33,952 38,763
Bank loans 58,653 81,459
Other creditors 62,500 125,000
155,105 245,222
Page 4
Page 5
8. Share Capital
31 July 2024 30 April 2023
as restated
£ £
Allotted, Called up and fully paid 100 100
Page 5