Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06668924 Mr Gary McEwan Ms Theresa McEwan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06668924 2023-08-31 06668924 2024-08-31 06668924 2023-09-01 2024-08-31 06668924 frs-core:CurrentFinancialInstruments 2024-08-31 06668924 frs-core:ComputerEquipment 2024-08-31 06668924 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06668924 frs-core:ComputerEquipment 2023-08-31 06668924 frs-core:ShareCapital 2024-08-31 06668924 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06668924 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06668924 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06668924 frs-bus:SmallEntities 2023-09-01 2024-08-31 06668924 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06668924 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06668924 frs-bus:Director1 2023-09-01 2024-08-31 06668924 frs-bus:Director2 2023-09-01 2024-08-31 06668924 frs-countries:EnglandWales 2023-09-01 2024-08-31 06668924 2022-08-31 06668924 2023-08-31 06668924 2022-09-01 2023-08-31 06668924 frs-core:CurrentFinancialInstruments 2023-08-31 06668924 frs-core:ShareCapital 2023-08-31 06668924 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06668924
Developing Talent Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06668924
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,134 508
1,134 508
CURRENT ASSETS
Debtors 5 5,742 14,953
Cash at bank and in hand 256,920 74,967
262,662 89,920
Creditors: Amounts Falling Due Within One Year 6 (209,026 ) (35,329 )
NET CURRENT ASSETS (LIABILITIES) 53,636 54,591
TOTAL ASSETS LESS CURRENT LIABILITIES 54,770 55,099
NET ASSETS 54,770 55,099
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 54,670 54,999
SHAREHOLDERS' FUNDS 54,770 55,099
For the year ending 31 August 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
Ms Theresa McEwan
Director
22/04/2025
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
Developing Talent Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06668924 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Computer Equipment 33.33% Straight Line
2.4. 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.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 3,539
Additions 1,576
As at 31 August 2024 5,115
Depreciation
As at 1 September 2023 3,031
Provided during the period 950
As at 31 August 2024 3,981
Net Book Value
As at 31 August 2024 1,134
As at 1 September 2023 508
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,927 14,030
Other debtors 99 193
Other taxes and national insurance 716 730
5,742 14,953
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,945 -
Corporation tax 21,461 20,450
VAT 47,635 14,351
Other creditors 285 528
Accruals and deferred income 128,700 -
209,026 35,329
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3