Acorah Software Products - Accounts Production 16.3.350 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 SC621944 Mr Michael Ojo Mr Michael Ojo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC621944 2023-02-28 SC621944 2024-02-28 SC621944 2023-03-01 2024-02-28 SC621944 frs-core:CurrentFinancialInstruments 2024-02-28 SC621944 frs-core:NetGoodwill 2024-02-28 SC621944 frs-core:NetGoodwill 2023-03-01 2024-02-28 SC621944 frs-core:NetGoodwill 2023-02-28 SC621944 frs-core:PlantMachinery 2024-02-28 SC621944 frs-core:PlantMachinery 2023-03-01 2024-02-28 SC621944 frs-core:PlantMachinery 2023-02-28 SC621944 frs-core:ShareCapital 2024-02-28 SC621944 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 SC621944 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 SC621944 frs-bus:SmallEntities 2023-03-01 2024-02-28 SC621944 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 SC621944 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 SC621944 frs-bus:Director1 2023-03-01 2024-02-28 SC621944 frs-bus:CompanySecretary1 2023-03-01 2024-02-28 SC621944 frs-countries:Scotland 2023-03-01 2024-02-28 SC621944 2022-02-28 SC621944 2023-02-28 SC621944 2022-03-01 2023-02-28 SC621944 frs-core:CurrentFinancialInstruments 2023-02-28 SC621944 frs-core:ShareCapital 2023-02-28
Registered number: SC621944
Dunamis Inc. Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC621944
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 35,000 35,000
Tangible Assets 5 21,575 21,575
56,575 56,575
CURRENT ASSETS
Cash at bank and in hand 37 37
37 37
Creditors: Amounts Falling Due Within One Year 6 (56,611 ) (56,611 )
NET CURRENT ASSETS (LIABILITIES) (56,574 ) (56,574 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1 1
NET ASSETS 1 1
CAPITAL AND RESERVES
Called up share capital 7 1 1
SHAREHOLDERS' FUNDS 1 1
For the year ending 28 February 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 Michael Ojo
Director
27/05/2025
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
Dunamis Inc. Limited is a private company, limited by shares, incorporated in Scotland, registered number SC621944 . The registered office is Suite 2/1 45 Beechwood Drive, Glasgow, G11 7EU.
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. 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 21575
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2023 35,000
As at 28 February 2024 35,000
Net Book Value
As at 28 February 2024 35,000
As at 1 March 2023 35,000
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 21,575
As at 28 February 2024 21,575
Net Book Value
As at 28 February 2024 21,575
As at 1 March 2023 21,575
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,200 1,200
Director's loan account 55,411 55,411
56,611 56,611
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3