Acorah Software Products - Accounts Production 16.5.460 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 11815307 Mr R Martin Mrs K L Martin Mr R Martin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11815307 2024-02-28 11815307 2025-02-28 11815307 2024-02-29 2025-02-28 11815307 frs-core:Non-currentFinancialInstruments 2025-02-28 11815307 frs-core:ComputerEquipment 2024-02-29 2025-02-28 11815307 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-29 2025-02-28 11815307 frs-core:RevaluationReserve 2024-02-29 2025-02-28 11815307 frs-core:RevaluationReserve 2024-02-28 11815307 frs-core:RevaluationReserve 2025-02-28 11815307 frs-core:ShareCapital 2025-02-28 11815307 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11815307 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 11815307 frs-bus:AbridgedAccounts 2024-02-29 2025-02-28 11815307 frs-bus:SmallEntities 2024-02-29 2025-02-28 11815307 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 11815307 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 11815307 frs-bus:Director1 2024-02-29 2025-02-28 11815307 frs-bus:Director2 2024-02-29 2025-02-28 11815307 frs-bus:CompanySecretary1 2024-02-29 2025-02-28 11815307 frs-countries:EnglandWales 2024-02-29 2025-02-28 11815307 2023-02-28 11815307 2024-02-28 11815307 2023-03-01 2024-02-28 11815307 frs-core:Non-currentFinancialInstruments 2024-02-28 11815307 frs-core:RevaluationReserve 2024-02-28 11815307 frs-core:ShareCapital 2024-02-28 11815307 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 11815307
Daniell Assets Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Daniell Assets Limited
Contents
Contents

| Page
--- | ---
Abridged Balance Sheet | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
Daniell Assets Limited
Abridged Balance Sheet
As At 28 February 2025
Abridged Balance Sheet
Registered number: 11815307

| 2025 | 2024 as restated
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 23,189 |  | 15,635
Tangible Assets | 5 |  | 653 |  | 767
|  |  | 23,842 |  | 16,402
CURRENT ASSETS
Debtors |  | 4,517 |  | 8,044 |
Cash at bank and in hand |  | 4,839 |  | 11,607 |
|  | 9,356 |  | 19,651 |
Creditors: Amounts Falling Due Within One Year |  | (11,477 ) |  | (13,172 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (2,121 ) |  | 6,479
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 21,721 |  | 22,881
Creditors: Amounts Falling Due After More Than One Year |  |  | (13,835 ) |  | (16,612 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (131 ) |  | (146 )
NET ASSETS |  |  | 7,755 |  | 6,123
CAPITAL AND RESERVES
Called up share capital | 6 |  | 70 |  | 70
Revaluation reserve | 7 |  | 5,679 |  | 3,422
Profit and Loss Account |  |  | 2,006 |  | 2,631
SHAREHOLDERS' FUNDS |  |  | 7,755 |  | 6,123

Page 1
Page 2
Daniell Assets Limited
Abridged Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 2025 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 Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr R Martin Director
11 September 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Daniell Assets Limited
Notes to the Abridged Financial Statements
For The Year Ended 28 February 2025
Notes to the Abridged Financial Statements
1. General Information
Daniell Assets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11815307 . The registered office is 75 Daniell Road, Truro, Cornwall, TR1 2DB.
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 represents the total invoice value, excluding value added tax, of sales made during the period.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are cryptocurrencies which have been measured at their fair value.
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:

Computer Equipment | 25% straight line

2.5. 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 during the year was as follows: NIL (2024: NIL)
- -
Page 3
Page 4
Daniell Assets Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 28 February 2025
4. Intangible Assets

| Total
--- | ---
| £
Cost or Valuation
As at 29 February 2024 | 15,635
Additions | 5,456
Revaluations | 2,257
As at 28 February 2025 | 23,348
Amortisation
As at 29 February 2024 | -
Impairment losses | 159
As at 28 February 2025 | 159
Net Book Value
As at 28 February 2025 | 23,189
As at 29 February 2024 | 15,635

5. Tangible Assets

| Total
--- | ---
| £
Cost
As at 29 February 2024 | 1,383
Additions | 309
As at 28 February 2025 | 1,692
Depreciation
As at 29 February 2024 | 616
Provided during the period | 423
As at 28 February 2025 | 1,039
Net Book Value
As at 28 February 2025 | 653
As at 29 February 2024 | 767

6. Share Capital

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 70 |  | 70

7. Reserves

| Revaluation Reserve
--- | ---
| £
As at 29 February 2024 | 3,422
Surplus on revaluation | 3,924
Deficit on revaluation | (1,667)
As at 28 February 2025 | 5,679

Page 4