Acorah Software Products - Accounts Production 16.2.850 false true false 16 July 2023 31 July 2024 31 July 2024 SC775933 Radwa Ahmed Aly Shalaby Zidan Ahmed Mohamed Ali Saleh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC775933 2023-07-15 SC775933 2024-07-31 SC775933 2023-07-16 2024-07-31 SC775933 frs-core:ComputerEquipment 2024-07-31 SC775933 frs-core:ComputerEquipment 2023-07-16 2024-07-31 SC775933 frs-core:ComputerEquipment 2023-07-15 SC775933 frs-core:SharePremium 2024-07-31 SC775933 frs-core:ShareCapital 2024-07-31 SC775933 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC775933 frs-bus:PrivateLimitedCompanyLtd 2023-07-16 2024-07-31 SC775933 frs-bus:FilletedAccounts 2023-07-16 2024-07-31 SC775933 frs-bus:SmallEntities 2023-07-16 2024-07-31 SC775933 frs-bus:AuditExempt-NoAccountantsReport 2023-07-16 2024-07-31 SC775933 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-16 2024-07-31 SC775933 frs-bus:Director1 2023-07-16 2024-07-31 SC775933 frs-bus:Director1 2023-07-15 SC775933 frs-bus:Director1 2024-07-31 SC775933 frs-bus:Director2 2023-07-16 2024-07-31 SC775933 frs-countries:Scotland 2023-07-16 2024-07-31
Registered number: SC775933
Dawa Innovation Ltd
Financial Statements
For the Period 16 July 2023 to 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC775933
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,039
1,039
CURRENT ASSETS
Cash at bank and in hand 14,450
14,450
Creditors: Amounts Falling Due Within One Year 5 (5,105 )
NET CURRENT ASSETS (LIABILITIES) 9,345
TOTAL ASSETS LESS CURRENT LIABILITIES 10,384
NET ASSETS 10,384
CAPITAL AND RESERVES
Called up share capital 6 4
Share premium account 36,927
Profit and Loss Account (26,547 )
SHAREHOLDERS' FUNDS 10,384
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
Ahmed Mohamed Ali Saleh
Director
15th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Dawa Innovation Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC775933 . The registered office is 151 Oakhill Grange, Aberdeen, AB15 5EA.
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. 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:
Office Equipment 20% on cost
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Office Equipment
£
Cost
As at 16 July 2023 -
Additions 1,299
As at 31 July 2024 1,299
Depreciation
As at 16 July 2023 -
Provided during the period 260
As at 31 July 2024 260
Net Book Value
As at 31 July 2024 1,039
As at 16 July 2023 -
5. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Other creditors 5,105
6. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 4
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the current and prior periods:
As at 16 July 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Dr Ahmed Saleh - 630 (4,986 ) - (4,356 )
The above loan is unsecured, interest free and repayable on demand.
Page 3