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 12758451 Ms Nicola Chapman Mr Christopher Garvey Mr Paul Million iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12758451 2022-07-31 12758451 2023-07-31 12758451 2022-08-01 2023-07-31 12758451 frs-core:CurrentFinancialInstruments 2023-07-31 12758451 frs-core:Non-currentFinancialInstruments 2023-07-31 12758451 frs-core:ShareCapital 2023-07-31 12758451 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12758451 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12758451 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12758451 frs-bus:SmallEntities 2022-08-01 2023-07-31 12758451 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12758451 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12758451 frs-bus:Director1 2022-08-01 2023-07-31 12758451 frs-bus:Director2 2022-08-01 2023-07-31 12758451 frs-bus:Director3 2022-08-01 2023-07-31 12758451 frs-core:Non-currentFinancialInstruments 1 2023-07-31 12758451 frs-countries:EnglandWales 2022-08-01 2023-07-31 12758451 2021-07-31 12758451 2022-07-31 12758451 2021-08-01 2022-07-31 12758451 frs-core:CurrentFinancialInstruments 2022-07-31 12758451 frs-core:Non-currentFinancialInstruments 2022-07-31 12758451 frs-core:ShareCapital 2022-07-31 12758451 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 12758451 frs-core:Non-currentFinancialInstruments 1 2022-07-31
Registered number: 12758451
Glenpark Developments Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
B-Tax
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12758451
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 891,719 776,385
891,719 776,385
CURRENT ASSETS
Debtors 5 28,936 24,500
Cash at bank and in hand 96,527 2,029
125,463 26,529
Creditors: Amounts Falling Due Within One Year 6 (127,493 ) (102,914 )
NET CURRENT ASSETS (LIABILITIES) (2,030 ) (76,385 )
TOTAL ASSETS LESS CURRENT LIABILITIES 889,689 700,000
Creditors: Amounts Falling Due After More Than One Year 7 (1,125,575 ) (804,177 )
NET LIABILITIES (235,886 ) (104,177 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (235,888 ) (104,179 )
SHAREHOLDERS' FUNDS (235,886) (104,177)
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.
On behalf of the board
Mr Christopher Garvey
Director
Mr Paul Million
Director
31/05/2024
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
Glenpark Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12758451 . The registered office is 65 Duke Street, Darlington, County Durham, DL3 7SD.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 1 August 2022 776,385
Additions 115,334
As at 31 July 2023 891,719
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 500 -
Prepayments and accrued income 3,936 -
Other debtors 24,500 24,500
28,936 24,500
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 34,608 16,154
Other creditors 92,885 86,760
127,493 102,914
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Investor Loans 1,068,352 777,537
Intercompany loans 57,223 26,640
1,125,575 804,177
Page 3
Page 4
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
Real Property UK LtdIntercompany loan £57,222 (2022: £26,640)

Real Property UK Ltd

Intercompany loan £57,222 (2022: £26,640)

The loan is interest free and repayable on demand.
Page 4