Acorah Software Products - Accounts Production 14.5.601 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 12908235 Mr Nicholas Hales Grosvenor Secretary Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12908235 2022-09-30 12908235 2023-09-30 12908235 2022-10-01 2023-09-30 12908235 frs-core:CurrentFinancialInstruments 2023-09-30 12908235 frs-core:ShareCapital 2023-09-30 12908235 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 12908235 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12908235 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 12908235 frs-bus:SmallEntities 2022-10-01 2023-09-30 12908235 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12908235 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 12908235 frs-bus:Director1 2022-10-01 2023-09-30 12908235 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 12908235 frs-countries:EnglandWales 2022-10-01 2023-09-30 12908235 2021-09-30 12908235 2022-09-30 12908235 2021-10-01 2022-09-30 12908235 frs-core:CurrentFinancialInstruments 2022-09-30 12908235 frs-core:ShareCapital 2022-09-30 12908235 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 12908235
Reinar Properties Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12908235
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 532,743 505,627
532,743 505,627
CURRENT ASSETS
Stocks 5 50,247 39,919
Cash at bank and in hand 19 -
50,266 39,919
Creditors: Amounts Falling Due Within One Year 6 (628,561 ) (551,496 )
NET CURRENT ASSETS (LIABILITIES) (578,295 ) (511,577 )
TOTAL ASSETS LESS CURRENT LIABILITIES (45,552 ) (5,950 )
NET LIABILITIES (45,552 ) (5,950 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (45,652 ) (6,050 )
SHAREHOLDERS' FUNDS (45,552) (5,950)
Page 1
Page 2
For the year ending 30 September 2023 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 Nicholas Hales
Director
30/03/2024
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
Reinar Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12908235 . The registered office is 33 Mount Ephraim, Tunbridge Wells, Kent, TN4 8AA.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
Page 3
Page 4
4. Investment Property
2023
£
Fair Value
As at 1 October 2022 505,627
Additions 27,116
As at 30 September 2023 532,743
5. Stocks
2023 2022
£ £
Work in progress 50,247 39,919
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,496 1,496
Accruals and deferred income 2,690 (20 )
Director's loan account 546,954 537,563
HF Project Management 21,509 12,457
Deacon CAD 55,912 -
628,561 551,496
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4