Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 07692187 Mr Elon Bezner Mr Yoav Caspi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07692187 2022-07-31 07692187 2023-07-31 07692187 2022-08-01 2023-07-31 07692187 frs-core:CurrentFinancialInstruments 2023-07-31 07692187 frs-core:Non-currentFinancialInstruments 2023-07-31 07692187 frs-core:ComputerEquipment 2023-07-31 07692187 frs-core:ComputerEquipment 2022-08-01 2023-07-31 07692187 frs-core:ComputerEquipment 2022-07-31 07692187 frs-core:FurnitureFittings 2023-07-31 07692187 frs-core:FurnitureFittings 2022-08-01 2023-07-31 07692187 frs-core:FurnitureFittings 2022-07-31 07692187 frs-core:PlantMachinery 2023-07-31 07692187 frs-core:PlantMachinery 2022-08-01 2023-07-31 07692187 frs-core:PlantMachinery 2022-07-31 07692187 frs-core:ShareCapital 2023-07-31 07692187 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07692187 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07692187 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 07692187 frs-bus:SmallEntities 2022-08-01 2023-07-31 07692187 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 07692187 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 07692187 frs-bus:Director1 2022-08-01 2023-07-31 07692187 frs-bus:Director2 2022-08-01 2023-07-31 07692187 frs-countries:EnglandWales 2022-08-01 2023-07-31 07692187 2021-07-31 07692187 2022-07-31 07692187 2021-08-01 2022-07-31 07692187 frs-core:CurrentFinancialInstruments 2022-07-31 07692187 frs-core:Non-currentFinancialInstruments 2022-07-31 07692187 frs-core:ShareCapital 2022-07-31 07692187 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 07692187
Casa Bella Developments Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Nathan Associates
Chartered Certified Accountants
116 Headstone Lane
Harrow
HA2 6JN
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07692187
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,925 21,038
20,925 21,038
CURRENT ASSETS
Stocks 5 279,840 -
Debtors 6 10,972,525 7,698,908
Cash at bank and in hand 45,476 4,049,436
11,297,841 11,748,344
Creditors: Amounts Falling Due Within One Year 8 (10,341,567 ) (10,628,995 )
NET CURRENT ASSETS (LIABILITIES) 956,274 1,119,349
TOTAL ASSETS LESS CURRENT LIABILITIES 977,199 1,140,387
Creditors: Amounts Falling Due After More Than One Year 9 (17,711 ) (27,964 )
NET ASSETS 959,488 1,112,423
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 958,488 1,111,423
SHAREHOLDERS' FUNDS 959,488 1,112,423
Page 1
Page 2
For the year ending 31 July 2023 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 Yoav Caspi
Director
04/03/2024
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
Casa Bella Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07692187 . The registered office is 8 Harman Drive, London, NW2 2EP.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. 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:
Plant & Machinery 20% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 20% Reducing balance
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: 5 (2022: 5)
5 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 8,210 13,850 41,293 63,353
Additions 749 - 4,369 5,118
As at 31 July 2023 8,959 13,850 45,662 68,471
Depreciation
As at 1 August 2022 2,413 10,837 29,065 42,315
Provided during the period 1,309 603 3,319 5,231
As at 31 July 2023 3,722 11,440 32,384 47,546
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2023 5,237 2,410 13,278 20,925
As at 1 August 2022 5,797 3,013 12,228 21,038
5. Stocks
2023 2022
£ £
Stock 279,840 -
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 132,020 11,377
Other debtors 2,501 2,501
VAT 2,562 -
Other taxes and social security - 636
Amounts owed by joint-ventures 300,000 300,000
Amounts owed by associates 98,711 78,213
Amounts owed by other participating interests 10,436,731 7,306,181
10,972,525 7,698,908
7. Current Asset Investments
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 121,156 27,872
Bank loans and overdrafts 10,621 10,368
VAT - 74,157
Pension payable 548 527
Accruals and deferred income 1,413 1,283
Directors' loan accounts 10,207,829 10,514,788
10,341,567 10,628,995
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 17,711 27,964
17,711 27,964
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4