Acorah Software Products - Accounts Production 15.0.310 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 02775467 Mrs Melinda Mott Mr Kevin Taylor Mr Donald Gerrard Mr Donald Gerrard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02775467 2023-05-31 02775467 2024-05-31 02775467 2023-06-01 2024-05-31 02775467 frs-core:CurrentFinancialInstruments 2024-05-31 02775467 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 02775467 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 02775467 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 02775467 frs-core:CapitalRedemptionReserve 2024-05-31 02775467 frs-core:ShareCapital 2024-05-31 02775467 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 02775467 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 02775467 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 02775467 frs-bus:SmallEntities 2023-06-01 2024-05-31 02775467 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 02775467 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 02775467 frs-bus:Director1 2023-06-01 2024-05-31 02775467 frs-bus:Director2 2023-06-01 2024-05-31 02775467 frs-bus:Director3 2023-06-01 2024-05-31 02775467 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 02775467 frs-countries:EnglandWales 2023-06-01 2024-05-31 02775467 2022-05-31 02775467 2023-05-31 02775467 2022-06-01 2023-05-31 02775467 frs-core:CurrentFinancialInstruments 2023-05-31 02775467 frs-core:CapitalRedemptionReserve 2023-05-31 02775467 frs-core:ShareCapital 2023-05-31 02775467 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 02775467
Nelson Residents Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02775467
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 523 523
523 523
CURRENT ASSETS
Debtors 5 2,662 193
Cash at bank and in hand 9,988 5,700
12,650 5,893
Creditors: Amounts Falling Due Within One Year 6 (1,451 ) (1,427 )
NET CURRENT ASSETS (LIABILITIES) 11,199 4,466
TOTAL ASSETS LESS CURRENT LIABILITIES 11,722 4,989
NET ASSETS 11,722 4,989
CAPITAL AND RESERVES
Called up share capital 7 10 10
Capital redemption reserve 6,505 4,005
Profit and Loss Account 5,207 974
SHAREHOLDERS' FUNDS 11,722 4,989
Page 1
Page 2
For the year ending 31 May 2024 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 Donald Gerrard
Director
30/07/2024
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
Nelson Residents Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02775467 . The registered office is 22b Weston Park Road, Peverell, Plymouth, Devon, PL3 4NU.
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 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.
2.3. 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 No Depreciation Provided
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 June 2023 523
As at 31 May 2024 523
Net Book Value
As at 31 May 2024 523
As at 1 June 2023 523
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,662 193
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,451 1,427
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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