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 01019600 Mr R Darren Mrs L Holt Mrs S Bentley Mrs D Bradford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01019600 2022-07-31 01019600 2023-07-31 01019600 2022-08-01 2023-07-31 01019600 frs-core:FurnitureFittings 2022-08-01 2023-07-31 01019600 frs-core:RevaluationReserve 2022-07-31 01019600 frs-core:RevaluationReserve 2023-07-31 01019600 frs-core:SharePremium 2023-07-31 01019600 frs-core:ShareCapital 2023-07-31 01019600 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 01019600 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 01019600 frs-bus:AbridgedAccounts 2022-08-01 2023-07-31 01019600 frs-bus:SmallEntities 2022-08-01 2023-07-31 01019600 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 01019600 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 01019600 frs-core:CostValuation 2022-07-31 01019600 frs-core:AdditionsToInvestments 2023-07-31 01019600 frs-core:CostValuation 2023-07-31 01019600 frs-bus:Director1 2022-08-01 2023-07-31 01019600 frs-bus:Director2 2022-08-01 2023-07-31 01019600 frs-bus:Director3 2022-08-01 2023-07-31 01019600 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 01019600 frs-countries:EnglandWales 2022-08-01 2023-07-31 01019600 2021-07-31 01019600 2022-07-31 01019600 2021-08-01 2022-07-31 01019600 frs-core:RevaluationReserve 2022-07-31 01019600 frs-core:SharePremium 2022-07-31 01019600 frs-core:ShareCapital 2022-07-31 01019600 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 01019600
T. And R. Developments Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2023
FBS Accountants Ltd
21 Fewston Crescent
Harrogate
North Yorkshire
HG1 2BP
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 01019600
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,187 1,606
Investment Properties 5 1,808,677 1,808,677
Investments 6 8,367 7,961
1,818,231 1,818,244
CURRENT ASSETS
Stocks 168,204 168,920
Debtors 2,034 8,865
Cash at bank and in hand 689,838 880,836
860,076 1,058,621
Creditors: Amounts Falling Due Within One Year (21,247 ) (160,603 )
NET CURRENT ASSETS (LIABILITIES) 838,829 898,018
TOTAL ASSETS LESS CURRENT LIABILITIES 2,657,060 2,716,262
NET ASSETS 2,657,060 2,716,262
CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Share premium account 1,000 1,000
Revaluation reserve 8 481,973 481,973
Profit and Loss Account 2,154,087 2,213,289
SHAREHOLDERS' FUNDS 2,657,060 2,716,262
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs L Holt
Director
15/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
T. And R. Developments Limited Registered number 01019600 is a limited by shares company incorporated in England & Wales. The Registered Office is 21 Fewston Crescent, Harrogate, North Yorkshire, HG1 2BP.
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 comprises rents receivable and property development income.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Fixtures & Fittings 10% on written down value.
2.4. Investment Properties
Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.
Investment properties should be included in the balance sheet at their open market value.
2.5. 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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 2 4
2 4
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 August 2022 7,606
As at 31 July 2023 7,606
Depreciation
As at 1 August 2022 6,000
Provided during the period 419
As at 31 July 2023 6,419
Net Book Value
As at 31 July 2023 1,187
As at 1 August 2022 1,606
Cost or valuation as at 31 July 2023 represented by:
Fixtures & Fittings
£
At cost 7,606
7,606
5. Investment Property
2023
£
Fair Value
As at 1 August 2022 and 31 July 2023 1,808,677
6. Investments
Total
£
Cost
As at 1 August 2022 7,961
Additions 406
As at 31 July 2023 8,367
Provision
As at 1 August 2022 -
As at 31 July 2023 -
Net Book Value
As at 31 July 2023 8,367
As at 1 August 2022 7,961
Page 4
Page 5
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 20,000 20,000
8. Reserves
Revaluation Reserve
£
As at 1 August 2022 481,973
As at 31 July 2023 481,973
Page 5