Acorah Software Products - Accounts Production 14.6.300 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 March 2024 31 March 2024 12929816 Mr Glenn Taylforth Mrs Marianne Taylforth C/O Optimise Accountants Limited Bramley House, Bramley Road, Long Eaton, Nottinghamshire, United Kingdom, NG10 3SX true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12929816 2022-10-31 12929816 2024-03-31 12929816 2022-11-01 2024-03-31 12929816 frs-core:CurrentFinancialInstruments 2024-03-31 12929816 frs-core:ShareCapital 2024-03-31 12929816 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12929816 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2024-03-31 12929816 frs-bus:FilletedAccounts 2022-11-01 2024-03-31 12929816 frs-bus:SmallEntities 2022-11-01 2024-03-31 12929816 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2024-03-31 12929816 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2024-03-31 12929816 1 2022-11-01 2024-03-31 12929816 frs-bus:Director1 2022-11-01 2024-03-31 12929816 frs-bus:Director2 2022-11-01 2024-03-31 12929816 frs-countries:EnglandWales 2022-11-01 2024-03-31 12929816 2021-10-31 12929816 2022-10-31 12929816 2021-11-01 2022-10-31 12929816 frs-core:CurrentFinancialInstruments 2022-10-31 12929816 frs-core:ShareCapital 2022-10-31 12929816 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12929816
St Francis Drive Limited
Unaudited Financial Statements
For the Period 1 November 2022 to 31 March 2024
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12929816
31 March 2024 31 October 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 291,766 81,900
Debtors 5 8,844 5,135
Cash at bank and in hand 42,141 -
342,751 87,035
Creditors: Amounts Falling Due Within One Year 6 (373,493 ) (89,339 )
NET CURRENT ASSETS (LIABILITIES) (30,742 ) (2,304 )
TOTAL ASSETS LESS CURRENT LIABILITIES (30,742 ) (2,304 )
NET LIABILITIES (30,742 ) (2,304 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (30,842 ) (2,404 )
SHAREHOLDERS' FUNDS (30,742) (2,304)
For the period ending 31 March 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
Mrs Marianne Taylforth
Director
30/07/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
St Francis Drive Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12929816 . The registered office is 35 Oasthouse Way, Ramsey, Cambridgeshire, PE26 1SB.
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. 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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2022: 2)
2 2
4. Stocks
31 March 2024 31 October 2022
£ £
Work in progress 291,766 81,900
5. Debtors
31 March 2024 31 October 2022
£ £
Due within one year
Prepayments and accrued income 2,258 -
VAT 6,586 2,013
Directors' loan accounts - 3,122
8,844 5,135
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 October 2022
£ £
Other creditors 193,691 -
Accruals and deferred income 1,439 1,439
Directors' loan accounts 33,363 -
Amounts owed to parent undertaking 145,000 87,900
373,493 89,339
Page 2
Page 3
7. Share Capital
31 March 2024 31 October 2022
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
 At the year end date, the company owed £145,000 (2023: £87,900) to GM Property Solutions Ltd which owns 100% shares in St Francis Limited.
9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is GM Property Solutions Ltd . GM Property Solutions Ltd was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, C/O Optimise Accountants Limited Bramley House, Bramley Road, Long Eaton, Nottinghamshire, United Kingdom, NG10 3SX . The ultimate controlling party is who controls 100% of the shares of St Francis Drive Limited .
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