Acorah Software Products - Accounts Production 14.5.601 false true true false 1 August 2022 31 July 2023 31 July 2023 14254608 Mrs Sarah-Ann Butler Mr Alexander Butler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14254608 2022-07-31 14254608 2023-07-31 14254608 2022-08-01 2023-07-31 14254608 frs-core:CurrentFinancialInstruments 2023-07-31 14254608 frs-core:Non-currentFinancialInstruments 2023-07-31 14254608 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 14254608 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 14254608 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-31 14254608 frs-core:ShareCapital 2023-07-31 14254608 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 14254608 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 14254608 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 14254608 frs-bus:SmallEntities 2022-08-01 2023-07-31 14254608 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 14254608 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 14254608 frs-bus:Director1 2022-08-01 2023-07-31 14254608 frs-bus:Director2 2022-08-01 2023-07-31 14254608 frs-countries:EnglandWales 2022-08-01 2023-07-31
Registered number: 14254608
Butler Property Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Grant and Co (Accountants) Ltd
Units 4 & 5 Rockfield Business Park
Old Station Drive, Leckhampton
Cheltenham
Gloucestershire
GL53 0AN
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14254608
2023
Notes £ £
FIXED ASSETS
Tangible Assets 3 115,000
115,000
CURRENT ASSETS
Debtors 4 209
Cash at bank and in hand 37
246
Creditors: Amounts Falling Due Within One Year 5 (30,964 )
NET CURRENT ASSETS (LIABILITIES) (30,718 )
TOTAL ASSETS LESS CURRENT LIABILITIES 84,282
Creditors: Amounts Falling Due After More Than One Year 6 (91,975 )
NET LIABILITIES (7,693 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (7,793 )
SHAREHOLDERS' FUNDS (7,693)
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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 Alexander Butler
Director
24/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis, notwithstanding the company's deficiency of net assets on the grounds that the director has confirmed that necessary funds will be made available for the company to meet its liabilities as they fall due.
1.3. 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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from 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.
1.4. 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 0%
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL
-
3. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 August 2022 -
Additions 115,000
As at 31 July 2023 115,000
Net Book Value
As at 31 July 2023 115,000
As at 1 August 2022 -
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4. Debtors
2023
£
Due within one year
Trade debtors 209
209
5. Creditors: Amounts Falling Due Within One Year
2023
£
Amounts owed to participating interests 23,900
Other creditors 7,064
30,964
6. Creditors: Amounts Falling Due After More Than One Year
2023
£
Bank loans 91,975
91,975
7. Secured Creditors
Of the creditors the following amounts are secured.
2023
£
Bank loans and overdrafts 91,975
8. Share Capital
2023
£
Allotted, Called up and fully paid 100
9. General Information
Butler Property Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14254608 . The registered office is 4 Belas Close, Winchcombe, Cheltenham, Gloucestershire, GL54 5FP.
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