Acorah Software Products - Accounts Production 14.5.601 false true false 12 July 2022 31 July 2023 31 July 2023 14230547 Mr Pervaiz Awan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14230547 2022-07-11 14230547 2023-07-31 14230547 2022-07-12 2023-07-31 14230547 frs-core:CurrentFinancialInstruments 2023-07-31 14230547 frs-core:Non-currentFinancialInstruments 2023-07-31 14230547 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 14230547 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-12 2023-07-31 14230547 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-11 14230547 frs-core:ShareCapital 2023-07-31 14230547 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 14230547 frs-bus:PrivateLimitedCompanyLtd 2022-07-12 2023-07-31 14230547 frs-bus:FilletedAccounts 2022-07-12 2023-07-31 14230547 frs-bus:SmallEntities 2022-07-12 2023-07-31 14230547 frs-bus:AuditExempt-NoAccountantsReport 2022-07-12 2023-07-31 14230547 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-12 2023-07-31 14230547 frs-bus:Director1 2022-07-12 2023-07-31 14230547 frs-countries:EnglandWales 2022-07-12 2023-07-31
Registered number: 14230547
Hg Old Tower Ltd
Financial Statements
For the Period 12 July 2022 to 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14230547
31 July 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 378,875
378,875
CURRENT ASSETS
Debtors 5 100
Cash at bank and in hand 52,472
52,572
Creditors: Amounts Falling Due Within One Year 6 (1,501 )
NET CURRENT ASSETS (LIABILITIES) 51,071
TOTAL ASSETS LESS CURRENT LIABILITIES 429,946
Creditors: Amounts Falling Due After More Than One Year 7 (437,028 )
NET LIABILITIES (7,082 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (7,182 )
SHAREHOLDERS' FUNDS (7,082)
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 Pervaiz Awan
Director
12th April 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
Hg Old Tower Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14230547 . The registered office is 2.05 6 Butts Court, Leeds, LS1 5JS.
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
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:
Freehold Freehold properties which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 12 July 2022 -
Additions 378,875
As at 31 July 2023 378,875
Net Book Value
As at 31 July 2023 378,875
As at 12 July 2022 -
5. Debtors
31 July 2023
£
Due within one year
Other debtors 100
6. Creditors: Amounts Falling Due Within One Year
31 July 2023
£
Trade creditors 1
Other creditors 1,500
1,501
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2023
£
Amounts owed to participating interests 437,028
8. Share Capital
31 July 2023
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
Page 4