Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10928893 Mr Susan Noble Mr Paul Noble iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10928893 2022-10-31 10928893 2023-10-31 10928893 2022-11-01 2023-10-31 10928893 frs-core:CurrentFinancialInstruments 2023-10-31 10928893 frs-core:Non-currentFinancialInstruments 2023-10-31 10928893 frs-core:ComputerEquipment 2023-10-31 10928893 frs-core:ComputerEquipment 2022-11-01 2023-10-31 10928893 frs-core:ComputerEquipment 2022-10-31 10928893 frs-core:FurnitureFittings 2023-10-31 10928893 frs-core:FurnitureFittings 2022-11-01 2023-10-31 10928893 frs-core:FurnitureFittings 2022-10-31 10928893 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 10928893 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-01 2023-10-31 10928893 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 10928893 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 10928893 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 10928893 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 10928893 frs-core:ShareCapital 2023-10-31 10928893 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10928893 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10928893 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10928893 frs-bus:SmallEntities 2022-11-01 2023-10-31 10928893 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10928893 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10928893 frs-bus:Director1 2022-11-01 2023-10-31 10928893 frs-bus:Director2 2022-11-01 2023-10-31 10928893 frs-countries:EnglandWales 2022-11-01 2023-10-31 10928893 2021-10-31 10928893 2022-10-31 10928893 2021-11-01 2022-10-31 10928893 frs-core:CurrentFinancialInstruments 2022-10-31 10928893 frs-core:Non-currentFinancialInstruments 2022-10-31 10928893 frs-core:ShareCapital 2022-10-31 10928893 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 10928893
Noble Properties Croyde Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Anthony Smith and Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10928893
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 743,502 763,293
743,502 763,293
CURRENT ASSETS
Cash at bank and in hand 11,073 16,237
11,073 16,237
Creditors: Amounts Falling Due Within One Year 5 (380,255 ) (374,473 )
NET CURRENT ASSETS (LIABILITIES) (369,182 ) (358,236 )
TOTAL ASSETS LESS CURRENT LIABILITIES 374,320 405,057
Creditors: Amounts Falling Due After More Than One Year 6 (571,732 ) (574,082 )
NET LIABILITIES (197,412 ) (169,025 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (197,512 ) (169,125 )
SHAREHOLDERS' FUNDS (197,412) (169,025)
Page 1
Page 2
For the year ending 31 October 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 Paul Noble
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
Noble Properties Croyde Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10928893 . The registered office is 17 Stonepits Lane, Hunt End, Redditch, B97 5LX.
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 2% straight Line
Leasehold 2% straight Line
Fixtures & Fittings 20 % straight Line
Computer Equipment 20 % straight ine
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2022 - 827,000 34,019 3,066 864,085
Additions 827,000 - - - 827,000
Disposals - (827,000 ) - - (827,000 )
As at 31 October 2023 827,000 - 34,019 3,066 864,085
Depreciation
As at 1 November 2022 66,160 - 34,019 613 100,792
Provided during the period 15,217 - 4,083 491 19,791
As at 31 October 2023 81,377 - 38,102 1,104 120,583
...CONTINUED
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Page 4
Net Book Value
As at 31 October 2023 745,623 - (4,083 ) 1,962 743,502
As at 1 November 2022 (66,160 ) 827,000 - 2,453 763,293
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 2
Other creditors - 17
Accruals and deferred income 1,464 1,808
Directors' loan accounts 378,791 372,646
380,255 374,473
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 542,500 542,500
Other creditors 29,232 31,582
571,732 574,082
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4