Acorah Software Products - Accounts Production 15.0.500 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12107280 Mr Kofi Agbolegbe Mrs Helena Anin-Boateng Ms Linda De Graft-Johnson Mr Samuel Tsipotey Mr Emmanuel Quayson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12107280 2022-07-31 12107280 2023-07-31 12107280 2022-08-01 2023-07-31 12107280 frs-core:CurrentFinancialInstruments 2023-07-31 12107280 frs-core:ShareCapital 2023-07-31 12107280 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12107280 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12107280 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12107280 frs-bus:SmallEntities 2022-08-01 2023-07-31 12107280 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12107280 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12107280 frs-bus:Director1 2022-08-01 2023-07-31 12107280 frs-bus:Director2 2022-08-01 2023-07-31 12107280 frs-bus:Director3 2022-08-01 2023-07-31 12107280 frs-bus:Director4 2022-08-01 2023-07-31 12107280 frs-bus:Director5 2022-08-01 2023-07-31 12107280 frs-countries:EnglandWales 2022-08-01 2023-07-31 12107280 2021-07-31 12107280 2022-07-31 12107280 2021-08-01 2022-07-31 12107280 frs-core:CurrentFinancialInstruments 2022-07-31 12107280 frs-core:ShareCapital 2022-07-31 12107280 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12107280
Ghanaian Community Property Services Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 12107280
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 415,262 415,977
415,262 415,977
CURRENT ASSETS
Cash at bank and in hand 20,697 17,144
20,697 17,144
Creditors: Amounts Falling Due Within One Year 5 (20,350 ) (20,350 )
NET CURRENT ASSETS (LIABILITIES) 347 (3,206 )
TOTAL ASSETS LESS CURRENT LIABILITIES 415,609 412,771
NET ASSETS 415,609 412,771
CAPITAL AND RESERVES
Called up share capital 6 460,000 460,000
Profit and Loss Account (44,391 ) (47,229 )
SHAREHOLDERS' FUNDS 415,609 412,771
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 Emmanuel Quayson
Director
24 July 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ghanaian Community Property Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12107280 . The registered office is Flat 14, 90 Woodhill, London, SE18 5JF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. 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.
2.3. 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.
Rental income
Income from the renting of property is recognised on receipt of rent.
2.4. 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: 5 (2022: 5)
5 5
4. Investment Property
2023
£
Fair Value
As at 1 August 2022 415,977
Additions (715 )
As at 31 July 2023 415,262
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 20,000 20,000
Accruals and deferred income 350 350
20,350 20,350
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 460,000 460,000
Page 3