Acorah Software Products - Accounts Production 16.8.310 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10179014 Julius Tipler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10179014 2024-05-31 10179014 2025-05-31 10179014 2024-06-01 2025-05-31 10179014 frs-core:CurrentFinancialInstruments 2025-05-31 10179014 frs-core:ComputerEquipment 2025-05-31 10179014 frs-core:ComputerEquipment 2024-06-01 2025-05-31 10179014 frs-core:ComputerEquipment 2024-05-31 10179014 frs-core:ShareCapital 2025-05-31 10179014 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10179014 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10179014 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10179014 frs-bus:SmallEntities 2024-06-01 2025-05-31 10179014 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10179014 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10179014 frs-bus:Director1 2024-06-01 2025-05-31 10179014 frs-countries:EnglandWales 2024-06-01 2025-05-31 10179014 2023-05-31 10179014 2024-05-31 10179014 2023-06-01 2024-05-31 10179014 frs-core:CurrentFinancialInstruments 2024-05-31 10179014 frs-core:ShareCapital 2024-05-31 10179014 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 10179014
Dry Bags Ltd
Financial Statements
For The Year Ended 31 May 2025
Brackenfern Advisory Limited
First Floor
5 High Street
Westbury-on-Trym
Bristol
BS9 3BY
Dry Bags Ltd
Contents
Contents

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

Page 1
Dry Bags Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 10179014

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
CURRENT ASSETS
Stocks | 5 | 1,042 |  | 1,591 |
Debtors | 6 | 503 |  | 791 |
Cash at bank and in hand |  | 1,740 |  | 929 |
|  | 3,285 |  | 3,311 |
Creditors: Amounts Falling Due Within One Year | 7 | (12,777 ) |  | (10,296 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (9,492 ) |  | (6,985 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (9,492 ) |  | (6,985 )
NET LIABILITIES |  |  | (9,492 ) |  | (6,985 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (9,592 ) |  | (7,085 )
SHAREHOLDERS' FUNDS |  |  | (9,492) |  | (6,985)

For the year ending 31 May 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

Julius Tipler Director
17 March 2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Dry Bags Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Dry Bags Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10179014 . The registered office is 59 Lakewood Crescent, Bristol, BS10 5HL.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 | 33.33% straight line

2.5. 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.
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss. All other investments are subsequently measured ar cost less impairment. Debtors and creditors that fall due within one year are recorded in the financial statements at transaction price and then subsequently measured at amortised cost. If the effects of the time value of money are immaterial, they are measured at cost (less impairment for trade debtors). Debtors are reviewed for impairment at each reporting date and any impairments are recorded within profit and loss and shown within administrative expenses when there is objective evidence that a debtor is impaired. Objective evidence that a debtor is impaired arises when the customer is unable to settle amounts owing to the company or the customer becomes bankrupt. Debtors do not carry interest and are stated at their nominal value. Trade creditors are not interest-bearing and are stated at their nominal value. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assesed individually for impairment. Other financial assets are either assessed individually or grouped on the similar basis of credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.
Page 2
Page 3
Dry Bags Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 June 2024 | 162
As at 31 May 2025 | 162
Depreciation
As at 1 June 2024 | 162
As at 31 May 2025 | 162
Net Book Value
As at 31 May 2025 | -
As at 1 June 2024 | -

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 1,042 |  | 1,591

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 407 |  | 525
Other debtors | 96 |  | 266
| 503 |  | 791

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 3,610 |  | 4,768
Bank loans and overdrafts | - |  | 838
Other creditors | 9,167 |  | 4,690
| 12,777 |  | 10,296

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 3