Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09205744 Dyalog Limited N J Burman K A Shaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09205744 2023-12-31 09205744 2024-12-31 09205744 2024-01-01 2024-12-31 09205744 frs-core:Non-currentFinancialInstruments 2024-12-31 09205744 frs-core:ShareCapital 2024-12-31 09205744 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09205744 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09205744 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09205744 frs-bus:SmallEntities 2024-01-01 2024-12-31 09205744 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09205744 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09205744 frs-core:CostValuation 2023-12-31 09205744 frs-core:AdditionsToInvestments 2024-12-31 09205744 frs-core:CostValuation 2024-12-31 09205744 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 09205744 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 09205744 frs-bus:Director1 2024-01-01 2024-12-31 09205744 frs-bus:Director2 2024-01-01 2024-12-31 09205744 frs-bus:Director3 2024-01-01 2024-12-31 09205744 frs-countries:EnglandWales 2024-01-01 2024-12-31 09205744 2022-12-31 09205744 2023-12-31 09205744 2023-01-01 2023-12-31 09205744 frs-core:Non-currentFinancialInstruments 2023-12-31 09205744 frs-core:ShareCapital 2023-12-31 09205744 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09205744
Dyalog SIP Trustees Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Michael Price Associates Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09205744
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 117,919 -
117,919 -
CURRENT ASSETS
Cash at bank and in hand 42,939 93,986
42,939 93,986
NET CURRENT ASSETS (LIABILITIES) 42,939 93,986
TOTAL ASSETS LESS CURRENT LIABILITIES 160,858 93,986
Creditors: Amounts Falling Due After More Than One Year 6 (19,381 ) (124,394 )
NET ASSETS/(LIABILITIES) 141,477 (30,408 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 141,476 (30,409 )
SHAREHOLDERS' FUNDS 141,477 (30,408)
For the year ending 31 December 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 Profit and Loss Account.
On behalf of the board
K A Shaw
Director
23/09/2025
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
Dyalog SIP Trustees Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09205744 . The registered office is Np-105, Icentre Howard Way, Interchange Park, Newport Pagnell, MK16 9PY.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Other
£
Cost or Valuation
As at 1 January 2024 -
Additions 117,919
As at 31 December 2024 117,919
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 117,919
As at 1 January 2024 -
The company acts as Trustee of the Dyalog Share Incentive Plan Trust (“the SIP Trust”). Investments comprise ordinary shares in Dyalog Limited held by the company in its capacity as Trustee. 
At the reporting date, the company held the following unallocated shares in Dyalog Limited:
  • 131 ordinary shares at £24.24 each; and
  • 2,100 ordinary shares at £54.64 each.
These shares remain unallocated at the year end and will be distributed in accordance with the SIP Trust rules.
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 19,381 124,394
Page 3