Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 08932903 Mr Paul Dauwalder Ms Sherry Fletcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08932903 2023-09-30 08932903 2024-09-30 08932903 2023-10-01 2024-09-30 08932903 frs-core:BetweenOneFiveYears 2024-09-30 08932903 frs-core:FurnitureFittings 2023-10-01 2024-09-30 08932903 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 08932903 frs-core:MoreThanFiveYears 2024-09-30 08932903 frs-core:MotorVehicles 2023-10-01 2024-09-30 08932903 frs-core:WithinOneYear 2024-09-30 08932903 frs-core:ShareCapital 2024-09-30 08932903 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 08932903 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08932903 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 08932903 frs-bus:SmallEntities 2023-10-01 2024-09-30 08932903 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08932903 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08932903 frs-core:CostValuation 2023-09-30 08932903 frs-core:AdditionsToInvestments 2024-09-30 08932903 frs-core:CostValuation 2024-09-30 08932903 frs-bus:Director1 2023-10-01 2024-09-30 08932903 frs-bus:Director2 2023-10-01 2024-09-30 08932903 frs-countries:EnglandWales 2023-10-01 2024-09-30 08932903 2022-09-30 08932903 2023-09-30 08932903 2022-10-01 2023-09-30 08932903 frs-core:BetweenOneFiveYears 2023-09-30 08932903 frs-core:MoreThanFiveYears 2023-09-30 08932903 frs-core:WithinOneYear 2023-09-30 08932903 frs-core:ShareCapital 2023-09-30 08932903 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 08932903
Dauwalders' Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—7
Page 1
Abridged Balance Sheet
Registered number: 08932903
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 70,690 79,025
Investment Properties 6 200,000 200,000
Investments 7 628,578 600,000
899,268 879,025
CURRENT ASSETS
Stocks 130,000 85,000
Debtors 53,377 26,468
Cash at bank and in hand 403,533 452,031
586,910 563,499
Creditors: Amounts Falling Due Within One Year (1,110,473 ) (1,120,763 )
NET CURRENT ASSETS (LIABILITIES) (523,563 ) (557,264 )
TOTAL ASSETS LESS CURRENT LIABILITIES 375,705 321,761
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,005 ) (18,736 )
NET ASSETS 359,700 303,025
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 359,699 303,024
SHAREHOLDERS' FUNDS 359,700 303,025
Page 1
Page 2
For the year ending 30 September 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.
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 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms Sherry Fletcher
Director
12/06/2025
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Dauwalders' Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08932903 . The registered office is 42 Fisherton Street, Salisbury, Wiltshire, SP2 7RB.
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. Significant judgements and estimations
Stock
Stock consists of a mixture of low value items, many of which are second hand items and have not yet been subject to valuation after being purchased in bulk.  The directors consider the best estimate for the value of bulk purchases is based on cost since such bulk purchases often contain a few higher value items which, on average, will outweigh any potential reduction in net realisable value.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.  Sales include the sale of stamps, other collectables and associated accessories.
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:
Leasehold 20% straight line
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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2.6. 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.
2.7. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.8. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.10. Intangible Fixed assets and amortisation
Goodwill
Being the amount paid in connection with the acquisition of the trade and assets of Dauwalder's Property & Investments LLP on 1 June 2014. This has been fully amortised over its estimated useful economic life of 4 years.
Customer list
Being the amount paid for a customer list during the year ended 31 August 2019. This has been fully amortised over its estimated useful economic life of 4 years.
All intangible assets are initially measured at cost. Subsequent measurement is at cost less any accumulated amortisation and impairment.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was:  20 (2023: 18)
20 18
4. Intangible Assets
Total
£
Cost
As at 1 October 2023 190,258
As at 30 September 2024 190,258
Amortisation
As at 1 October 2023 190,258
As at 30 September 2024 190,258
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Total
£
Cost
As at 1 October 2023 149,592
Additions 14,865
As at 30 September 2024 164,457
Depreciation
As at 1 October 2023 70,567
Provided during the period 23,200
As at 30 September 2024 93,767
...CONTINUED
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Net Book Value
As at 30 September 2024 70,690
As at 1 October 2023 79,025
6. Investment Property
2024
£
Fair Value
As at 1 October 2023 and 30 September 2024 200,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 200,000 200,000
The change in market value of investment properties is considered by the directors each accounting year. 
7. Investments
Total
£
Cost
As at 1 October 2023 600,000
Additions 28,578
As at 30 September 2024 628,578
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 628,578
As at 1 October 2023 600,000
Other investments represents a 2 year 4.75% fixed rate bond.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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9. Other Commitments
2024 2023
£ £
Not later than one year 11,750 11,750
Later than one year and not later than five years 47,000 47,000
Later than five years 47,000 58,780
105,750 117,530
10 year lease for two commercial storage units effective from August 2023.
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