Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 06721421 Mr Dirk Rees Mr Dirk Rees true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06721421 2023-10-31 06721421 2024-10-31 06721421 2023-11-01 2024-10-31 06721421 frs-core:CurrentFinancialInstruments 2024-10-31 06721421 frs-core:Non-currentFinancialInstruments 2024-10-31 06721421 frs-core:ComputerEquipment 2024-10-31 06721421 frs-core:ComputerEquipment 2023-11-01 2024-10-31 06721421 frs-core:ComputerEquipment 2023-10-31 06721421 frs-core:FurnitureFittings 2024-10-31 06721421 frs-core:FurnitureFittings 2023-11-01 2024-10-31 06721421 frs-core:FurnitureFittings 2023-10-31 06721421 frs-core:ShareCapital 2024-10-31 06721421 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06721421 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06721421 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 06721421 frs-bus:SmallEntities 2023-11-01 2024-10-31 06721421 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06721421 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 06721421 frs-bus:OrdinaryShareClass2 2023-11-01 2024-10-31 06721421 frs-bus:OrdinaryShareClass2 2024-10-31 06721421 1 2023-11-01 2024-10-31 06721421 frs-bus:Director1 2023-11-01 2024-10-31 06721421 frs-countries:EnglandWales 2023-11-01 2024-10-31 06721421 2022-10-31 06721421 2023-10-31 06721421 2022-11-01 2023-10-31 06721421 frs-core:CurrentFinancialInstruments 2023-10-31 06721421 frs-core:Non-currentFinancialInstruments 2023-10-31 06721421 frs-core:ShareCapital 2023-10-31 06721421 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 06721421 frs-bus:OrdinaryShareClass2 2022-11-01 2023-10-31
Registered number: 06721421
Dirk Rees Photography Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 06721421
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,812 4,234
2,812 4,234
CURRENT ASSETS
Debtors 5 18,665 7,036
Cash at bank and in hand 16,912 7,535
35,577 14,571
Creditors: Amounts Falling Due Within One Year 6 (33,578 ) (14,265 )
NET CURRENT ASSETS (LIABILITIES) 1,999 306
TOTAL ASSETS LESS CURRENT LIABILITIES 4,811 4,540
Creditors: Amounts Falling Due After More Than One Year 7 (113 ) (4,074 )
NET ASSETS 4,698 466
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement 4,697 465
SHAREHOLDERS' FUNDS 4,698 466
For the year ending 31 October 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 Income Statement.
On behalf of the board
Mr Dirk Rees
Director
16 July 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
Dirk Rees Photography Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06721421 . The registered office is Suite 2a, 7th Floor, City Reach, 5 Greenwich View Place, London, E14 9NN.
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 basis:
Fixtures & Fittings 25% Straight Line Basis
Computer Equipment 25% Straight Line Basis
2.4. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.6. 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 year 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.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 16,702 31,533 48,235
Additions - 333 333
As at 31 October 2024 16,702 31,866 48,568
Depreciation
As at 1 November 2023 16,702 27,299 44,001
Provided during the period - 1,755 1,755
As at 31 October 2024 16,702 29,054 45,756
Net Book Value
As at 31 October 2024 - 2,812 2,812
As at 1 November 2023 - 4,234 4,234
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,640 -
Other debtors 5,548 1,606
VAT - 670
Director's loan account 4,477 4,760
18,665 7,036
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,680 3,826
Bank loans and overdrafts 4,074 3,979
Corporation tax 7,525 4,439
VAT 8,840 -
Other creditors 1,359 921
Accruals and deferred income 1,100 1,100
33,578 14,265
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 113 4,074
In June 2020 the company obtained a CBILS from Lloyds Bank plc for £20,000.
Page 3
Page 4
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary A shares of £ 1.000 each 1 1
9. Directors Advances, Credits and Guarantees
During the year, the director was advanced £40,832 and repaid £41,115. The balance at the year end is £4,477. 
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Dirk Rees by virtue of his ownership of 100% of the issued share capital in the company.
Page 4