Acorah Software Products - Accounts Production 14.5.501 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 05673439 Mr Walter Coughlin Mr James Crole Mrs Christine James Mrs Elvira Bowen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05673439 2023-01-31 05673439 2024-01-31 05673439 2023-02-01 2024-01-31 05673439 frs-core:CurrentFinancialInstruments 2024-01-31 05673439 frs-core:Non-currentFinancialInstruments 2024-01-31 05673439 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 05673439 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 05673439 frs-core:RevaluationReserve 2023-01-31 05673439 frs-core:RevaluationReserve 2024-01-31 05673439 frs-core:ShareCapital 2024-01-31 05673439 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05673439 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05673439 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05673439 frs-bus:SmallEntities 2023-02-01 2024-01-31 05673439 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05673439 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05673439 frs-bus:Director1 2023-02-01 2024-01-31 05673439 frs-bus:Director2 2023-02-01 2024-01-31 05673439 frs-bus:Director3 2023-02-01 2024-01-31 05673439 frs-bus:Director4 2023-02-01 2024-01-31 05673439 frs-countries:EnglandWales 2023-02-01 2024-01-31 05673439 2022-01-31 05673439 2023-01-31 05673439 2022-02-01 2023-01-31 05673439 frs-core:CurrentFinancialInstruments 2023-01-31 05673439 frs-core:Non-currentFinancialInstruments 2023-01-31 05673439 frs-core:RevaluationReserve 2023-01-31 05673439 frs-core:ShareCapital 2023-01-31 05673439 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05673439
Esplanade Porthcawl Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Tungsten Corporate Solutions Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05673439
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,000 77,000
77,000 77,000
CURRENT ASSETS
Debtors 5 67 -
Cash at bank and in hand 1,650 2,637
1,717 2,637
Creditors: Amounts Falling Due Within One Year 6 (1,877 ) (1,309 )
NET CURRENT ASSETS (LIABILITIES) (160 ) 1,328
TOTAL ASSETS LESS CURRENT LIABILITIES 76,840 78,328
Creditors: Amounts Falling Due After More Than One Year 7 (29,480 ) (32,480 )
NET ASSETS 47,360 45,848
CAPITAL AND RESERVES
Called up share capital 8 21 21
Revaluation reserve 9 9,350 9,350
Profit and Loss Account 37,989 36,477
SHAREHOLDERS' FUNDS 47,360 45,848
Page 1
Page 2
For the year ending 31 January 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
Mr Walter Coughlin
Director
08/04/2024
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
Esplanade Porthcawl Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05673439 . The registered office is Esplanade House, The Esplanade, Porthcawl, Mid Glamorgan, CF36 3YE.
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. Tangible Fixed Assets and Depreciation
No depreciation is provided on the freeholds which were valued by the Directors on 31st January 2019
2.3. 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 year 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 asset reflects 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, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 February 2023 77,000
As at 31 January 2024 77,000
Net Book Value
As at 31 January 2024 77,000
As at 1 February 2023 77,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 67 -
67 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 355 346
Accruals and deferred income 1,521 963
1,877 1,309
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Shareholders' Loans 29,480 32,480
29,480 32,480
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 21 21
9. Reserves
Revaluation Reserve
£
As at 1 February 2023 9,350
As at 31 January 2024 9,350
Page 4