Acorah Software Products - Accounts Production 14.6.300 false true true false 31 October 2022 31 March 2024 31 March 2024 14452597 Ms Leonora Crawley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14452597 2022-10-30 14452597 2024-03-31 14452597 2022-10-31 2024-03-31 14452597 frs-core:CurrentFinancialInstruments 2024-03-31 14452597 frs-core:FurnitureFittings 2022-10-31 2024-03-31 14452597 frs-core:LandBuildings 2024-03-31 14452597 frs-core:LandBuildings 2022-10-31 2024-03-31 14452597 frs-core:LandBuildings 2022-10-30 14452597 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 2024-03-31 14452597 frs-core:PlantMachinery 2024-03-31 14452597 frs-core:PlantMachinery 2022-10-31 2024-03-31 14452597 frs-core:PlantMachinery 2022-10-30 14452597 frs-core:ShareCapital 2024-03-31 14452597 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14452597 frs-bus:PrivateLimitedCompanyLtd 2022-10-31 2024-03-31 14452597 frs-bus:FilletedAccounts 2022-10-31 2024-03-31 14452597 frs-bus:SmallEntities 2022-10-31 2024-03-31 14452597 frs-bus:AuditExempt-NoAccountantsReport 2022-10-31 2024-03-31 14452597 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-31 2024-03-31 14452597 frs-bus:Director1 2022-10-31 2024-03-31 14452597 frs-countries:EnglandWales 2022-10-31 2024-03-31
Registered number: 14452597
Preston Cottage Limited
Unaudited Financial Statements
For the Period 31 October 2022 to 31 March 2024
C&C Associates (Europe) LLP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14452597
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 47,218
47,218
CURRENT ASSETS
Debtors 5 4,526
Cash at bank and in hand 500
5,026
Creditors: Amounts Falling Due Within One Year 6 (150,057 )
NET CURRENT ASSETS (LIABILITIES) (145,031 )
TOTAL ASSETS LESS CURRENT LIABILITIES (97,813 )
NET LIABILITIES (97,813 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (97,913 )
SHAREHOLDERS' FUNDS (97,813)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Leonora Crawley
Director
31 July 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
Preston Cottage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14452597 . The registered office is Second Floor, 34 Cambridge Road, Hastings, East Sussex, TN34 1DT.
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. 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 rendering of services, rentals and accomodation. 
2.4. 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:
Leasehold 10 years straight line
Fixtures & Fittings 5 years straight line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 31 October 2022 - - -
Additions 35,537 17,741 53,278
As at 31 March 2024 35,537 17,741 53,278
Depreciation
As at 31 October 2022 - - -
Provided during the period 2,090 3,970 6,060
As at 31 March 2024 2,090 3,970 6,060
Net Book Value
As at 31 March 2024 33,447 13,771 47,218
As at 31 October 2022 - - -
Page 2
Page 3
5. Debtors
31 March 2024
£
Due within one year
Other debtors 4,526
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 2,794
Amounts owed to participating interests 73,815
Other creditors 73,448
150,057
7. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
During the period, the company received a loan from C&C Associates (Europe) LLP, a company under the comon control of the director. At the end of the period, the amount owed by the company was £73,815
Page 3