Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11170358 Mr David Codling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11170358 2024-03-31 11170358 2025-03-31 11170358 2024-04-01 2025-03-31 11170358 frs-core:CurrentFinancialInstruments 2025-03-31 11170358 frs-core:ComputerEquipment 2025-03-31 11170358 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11170358 frs-core:ComputerEquipment 2024-03-31 11170358 frs-core:PlantMachinery 2025-03-31 11170358 frs-core:PlantMachinery 2024-04-01 2025-03-31 11170358 frs-core:PlantMachinery 2024-03-31 11170358 frs-core:ShareCapital 2025-03-31 11170358 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11170358 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11170358 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11170358 frs-bus:SmallEntities 2024-04-01 2025-03-31 11170358 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11170358 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11170358 frs-bus:Director1 2024-04-01 2025-03-31 11170358 frs-core:CurrentFinancialInstruments 1 2025-03-31 11170358 frs-countries:EnglandWales 2024-04-01 2025-03-31 11170358 2023-03-31 11170358 2024-03-31 11170358 2023-04-01 2024-03-31 11170358 frs-core:CurrentFinancialInstruments 2024-03-31 11170358 frs-core:ShareCapital 2024-03-31 11170358 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11170358 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 11170358
Destan Group Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Ping Chartered Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11170358
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,308 1,869
1,308 1,869
CURRENT ASSETS
Debtors 5 12,130 23,323
Cash at bank and in hand 109,472 105,869
121,602 129,192
Creditors: Amounts Falling Due Within One Year 6 (70,901 ) (94,742 )
NET CURRENT ASSETS (LIABILITIES) 50,701 34,450
TOTAL ASSETS LESS CURRENT LIABILITIES 52,009 36,319
PROVISIONS FOR LIABILITIES
Deferred Taxation (249 ) (355 )
NET ASSETS 51,760 35,964
CAPITAL AND RESERVES
Called up share capital 7 170 170
Profit and Loss Account 51,590 35,794
SHAREHOLDERS' FUNDS 51,760 35,964
For the year ending 31 March 2025 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 David Codling
Director
05/06/2025
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
Destan Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11170358 . The registered office is 11a Park Street, Camberley, GU15 3PQ.
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:
Plant & Machinery 20% Straight Line
Computer Equipment 33% Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,973 2,072 4,045
As at 31 March 2025 1,973 2,072 4,045
Depreciation
As at 1 April 2024 480 1,696 2,176
Provided during the period 376 185 561
As at 31 March 2025 856 1,881 2,737
Net Book Value
As at 31 March 2025 1,117 191 1,308
As at 1 April 2024 1,493 376 1,869
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,880 17,280
Prepayments and accrued income - 5,400
Other debtors 250 250
Other taxes and social security - 393
12,130 23,323
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 636 210
Corporation tax 7,378 21,767
Other taxes and social security 7,289 -
VAT 5,091 9,461
Other creditors (1) 4,291 25,073
Director's loan account 46,216 38,231
70,901 94,742
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 170 170
Page 3