Acorah Software Products - Accounts Production 16.1.200 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 08867231 Mr Raymond Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08867231 2024-01-31 08867231 2025-01-31 08867231 2024-02-01 2025-01-31 08867231 frs-core:CurrentFinancialInstruments 2025-01-31 08867231 frs-core:Non-currentFinancialInstruments 2025-01-31 08867231 frs-core:OtherReservesSubtotal 2025-01-31 08867231 frs-core:ShareCapital 2025-01-31 08867231 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 08867231 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08867231 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 08867231 frs-bus:SmallEntities 2024-02-01 2025-01-31 08867231 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08867231 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08867231 frs-bus:Director1 2024-02-01 2025-01-31 08867231 frs-countries:EnglandWales 2024-02-01 2025-01-31 08867231 2023-01-31 08867231 2024-01-31 08867231 2023-02-01 2024-01-31 08867231 frs-core:CurrentFinancialInstruments 2024-01-31 08867231 frs-core:Non-currentFinancialInstruments 2024-01-31 08867231 frs-core:OtherReservesSubtotal 2024-01-31 08867231 frs-core:ShareCapital 2024-01-31 08867231 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 08867231
Dragon Import Services Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08867231
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 80,598 45,402
Debtors 5 (65,661 ) 4,517
Cash at bank and in hand 11,067 1,480
26,004 51,399
Creditors: Amounts Falling Due Within One Year 6 (23,201 ) (37,426 )
NET CURRENT ASSETS (LIABILITIES) 2,803 13,973
TOTAL ASSETS LESS CURRENT LIABILITIES 2,803 13,973
Creditors: Amounts Falling Due After More Than One Year 7 (8,191 ) (12,462 )
NET (LIABILITIES)/ASSETS (5,388 ) 1,511
CAPITAL AND RESERVES
Called up share capital 8 2 2
Other reserves (427 ) (427 )
Profit and Loss Account (4,963 ) 1,936
SHAREHOLDERS' FUNDS (5,388) 1,511
Page 1
Page 2
For the year ending 31 January 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 Raymond Brown
Director
24/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dragon Import Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08867231 . The registered office is 50 Maurice Gaymer Road, Attleborough, Norfolk, NR17 2QZ.
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Stocks
2025 2024
£ £
Stock 80,598 16,161
Payments on account - 29,241
80,598 45,402
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 5,920
Prepayments and accrued income (74,179 ) (19,333 )
R & K Short term loan 8,518 17,930
(65,661 ) 4,517
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,998 22,640
Bank loans and overdrafts 6,483 -
Corporation tax 499 499
VAT 2,326 8,612
Director's loan account 3,895 5,675
23,201 37,426
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 8,191 12,462
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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