Acorah Software Products - Accounts Production 14.5.601 false true true false 12 July 2022 31 July 2023 31 July 2023 14228163 Mr Daniel Butt Mrs Claire Butt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14228163 2022-07-11 14228163 2023-07-31 14228163 2022-07-12 2023-07-31 14228163 frs-core:CurrentFinancialInstruments 2023-07-31 14228163 frs-core:Non-currentFinancialInstruments 2023-07-31 14228163 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 14228163 frs-core:InvestmentPropertyIncludedWithinPPE 2022-07-11 14228163 frs-core:ShareCapital 2023-07-31 14228163 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 14228163 frs-bus:PrivateLimitedCompanyLtd 2022-07-12 2023-07-31 14228163 frs-bus:FilletedAccounts 2022-07-12 2023-07-31 14228163 frs-bus:SmallEntities 2022-07-12 2023-07-31 14228163 frs-bus:AuditExempt-NoAccountantsReport 2022-07-12 2023-07-31 14228163 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-12 2023-07-31 14228163 frs-bus:Director1 2022-07-12 2023-07-31 14228163 frs-bus:Director2 2022-07-12 2023-07-31 14228163 frs-countries:EnglandWales 2022-07-12 2023-07-31
Registered number: 14228163
Northwood Estates Ltd
Unaudited Financial Statements
For the Period 12 July 2022 to 31 July 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14228163
31 July 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 354,603
354,603
CURRENT ASSETS
Cash at bank and in hand 6,094
6,094
Creditors: Amounts Falling Due Within One Year 5 (151,318 )
NET CURRENT ASSETS (LIABILITIES) (145,224 )
TOTAL ASSETS LESS CURRENT LIABILITIES 209,379
Creditors: Amounts Falling Due After More Than One Year 6 (211,989 )
NET LIABILITIES (2,610 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (2,710 )
SHAREHOLDERS' FUNDS (2,610)
Page 1
Page 2
For the period 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 Daniel Butt
Director
12 April 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Northwood Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14228163 . The registered office is 5 Highfield Road, West Moors, Ferndown, Dorset, BH22 0LZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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 and the directors will continue to support the company for the next 12 months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is represented by revenue earned from the rental of investment property.
2.4. 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.
2.5. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Investment Properties
£
Cost
As at 12 July 2022 -
Additions 354,603
As at 31 July 2023 354,603
Depreciation
As at 12 July 2022 -
As at 31 July 2023 -
Net Book Value
As at 31 July 2023 354,603
As at 12 July 2022 -
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The investment property has been revalued at the market value by the directors on 31 July 2023. The historical cost is seen to be the same as the market value of the investment property which is £354,603 as the properties were bought in the current financial period.
5. Creditors: Amounts Falling Due Within One Year
31 July 2023
£
Bank loans and overdrafts 4,982
Other creditors 145,376
Accruals and deferred income 960
151,318
6. Creditors: Amounts Falling Due After More Than One Year
31 July 2023
£
Bank loans 211,989
211,989
7. Secured Creditors
Of the creditors the following amounts are secured.
31 July 2023
£
Bank loans and overdrafts 216,219
8. Share Capital
31 July 2023
£
Allotted, Called up and fully paid 100
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