Acorah Software Products - Accounts Production 16.4.675 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09268321 K Y Chan F H Galliers-Pratt Wellco Secretaries Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09268321 2023-09-30 09268321 2024-09-30 09268321 2023-10-01 2024-09-30 09268321 frs-core:CurrentFinancialInstruments 2024-09-30 09268321 frs-core:Non-currentFinancialInstruments 2024-09-30 09268321 frs-core:FurnitureFittings 2024-09-30 09268321 frs-core:FurnitureFittings 2023-10-01 2024-09-30 09268321 frs-core:FurnitureFittings 2023-09-30 09268321 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 09268321 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 09268321 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 09268321 frs-core:PlantMachinery 2024-09-30 09268321 frs-core:PlantMachinery 2023-10-01 2024-09-30 09268321 frs-core:PlantMachinery 2023-09-30 09268321 frs-core:WithinOneYear 2024-09-30 09268321 frs-core:ShareCapital 2024-09-30 09268321 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09268321 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09268321 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09268321 frs-bus:SmallEntities 2023-10-01 2024-09-30 09268321 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09268321 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09268321 frs-bus:Director1 2023-10-01 2024-09-30 09268321 frs-bus:Director2 2023-10-01 2024-09-30 09268321 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 09268321 frs-countries:EnglandWales 2023-10-01 2024-09-30 09268321 2022-09-30 09268321 2023-09-30 09268321 2022-10-01 2023-09-30 09268321 frs-core:CurrentFinancialInstruments 2023-09-30 09268321 frs-core:Non-currentFinancialInstruments 2023-09-30 09268321 frs-core:WithinOneYear 2023-09-30 09268321 frs-core:ShareCapital 2023-09-30 09268321 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09268321
DAM 3 Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 09268321
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 50,226 70,910
50,226 70,910
CURRENT ASSETS
Debtors 5 386,189 184,544
Cash at bank and in hand 339,106 242,561
725,295 427,105
Creditors: Amounts Falling Due Within One Year 6 (502,312 ) (187,958 )
NET CURRENT ASSETS (LIABILITIES) 222,983 239,147
TOTAL ASSETS LESS CURRENT LIABILITIES 273,209 310,057
Creditors: Amounts Falling Due After More Than One Year 7 - (300,000 )
NET ASSETS 273,209 10,057
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement 273,208 10,056
SHAREHOLDERS' FUNDS 273,209 10,057
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 Income Statement.
On behalf of the board
F H Galliers-Pratt
Director
14/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
DAM 3 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09268321 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.
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.
Presentational Currency
The accounts are presented in and rounded to the nearest £1 sterling.
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. 
The company recognises revenue when: 
- The amount of revenue can be reliably measured; 
- It is probable that future economic benefits will flow to the entity; and 
- Specific criteria have been met for each of the company's activities.
Turnover represents income from computer facilities management activities.
2.3. Research and Development
Expenditure on research and development is written off in the year in which it is incurred.
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 Leasehold improvements, over lease term
Plant & Machinery 33.3% Straight line
Fixtures & Fittings 20% Straight line
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and nonputtable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. The company has basic financial instruments only.
2.6. Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. 
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
2.7. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. 
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Page 3
2.8. Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
2.9. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.10. Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 49 (2023: 43)
49 43
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2023 33,397 133,224 57,525 224,146
Additions - 8,404 1,398 9,802
As at 30 September 2024 33,397 141,628 58,923 233,948
Depreciation
As at 1 October 2023 33,397 65,646 54,193 153,236
Provided during the period - 29,529 957 30,486
As at 30 September 2024 33,397 95,175 55,150 183,722
Net Book Value
As at 30 September 2024 - 46,453 3,773 50,226
As at 1 October 2023 - 67,578 3,332 70,910
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 47,999 69,899
Prepayments and accrued income 276,519 33,604
Other debtors 39,853 45,374
VAT 21,818 35,667
386,189 184,544
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 138,802 152,337
Other loans 300,000 -
Corporation tax 30,240 -
Net wages 583 -
Other creditors 20,844 24,633
Accruals and deferred income 11,719 10,864
Directors' loan accounts 124 124
502,312 187,958
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 300,000
Other creditors falling due after more than one year represents a interest free loan from a director of the Company.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Other Commitments
At 30 September 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
2024 2023
£ £
Not later than one year 67,025 64,750
67,025 64,750
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