Acorah Software Products - Accounts Production 14.6.300 false true true 31 July 2022 5 July 2021 false 1 August 2022 31 July 2023 31 July 2023 13494631 Mohamad Dabboussi Issam Dabboussi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13494631 2022-07-31 13494631 2023-07-31 13494631 2022-08-01 2023-07-31 13494631 frs-core:CurrentFinancialInstruments 2023-07-31 13494631 frs-core:ShareCapital 2023-07-31 13494631 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 13494631 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13494631 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 13494631 frs-bus:SmallEntities 2022-08-01 2023-07-31 13494631 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13494631 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 13494631 frs-bus:Director1 2022-08-01 2023-07-31 13494631 frs-bus:Director2 2022-08-01 2023-07-31 13494631 frs-countries:EnglandWales 2022-08-01 2023-07-31 13494631 2021-07-04 13494631 2022-07-31 13494631 2021-07-05 2022-07-31 13494631 frs-core:CurrentFinancialInstruments 2022-07-31 13494631 frs-core:ShareCapital 2022-07-31 13494631 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 13494631
Real Property Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13494631
31 July 2023 31 July 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 3 6,136,009 5,938,206
Debtors 4 78,570 14,703
6,214,579 5,952,909
Creditors: Amounts Falling Due Within One Year 5 (6,217,267 ) (5,953,947 )
NET CURRENT ASSETS (LIABILITIES) (2,688 ) (1,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,688 ) (1,038 )
NET LIABILITIES (2,688 ) (1,038 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (2,788 ) (1,138 )
SHAREHOLDERS' FUNDS (2,688) (1,038)
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
Issam Dabboussi
Director
19 July 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
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 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. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
1.3. 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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2022: 2)
2 2
3. Stocks
31 July 2023 31 July 2022
£ £
Stock - Properties under development 6,136,009 5,938,206
4. Debtors
31 July 2023 31 July 2022
£ £
Due within one year
Other debtors 6,862 -
VAT 71,708 14,703
78,570 14,703
5. Creditors: Amounts Falling Due Within One Year
31 July 2023 31 July 2022
£ £
Other creditors 6,206,683 5,950,615
Accruals and deferred income 210 -
Directors' loan accounts 10,374 3,332
6,217,267 5,953,947
6. Share Capital
31 July 2023 31 July 2022
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Included in creditors due within one year is an amount of £10,374 (2022: £3,332 ) owed to its directors. The amount is interest free and repayable on demand.
8. General Information
Real Property Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13494631 . The registered office is 809 , Salisbury House, 29 Finsbury Circus, London, EC2M 7AQ.
Page 2