Acorah Software Products - Accounts Production 15.0.400 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11030503 Dr Pamela Belcher Dr Mario Petrou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11030503 2022-10-31 11030503 2023-10-31 11030503 2022-11-01 2023-10-31 11030503 frs-core:CurrentFinancialInstruments 2023-10-31 11030503 frs-core:Non-currentFinancialInstruments 2023-10-31 11030503 frs-core:ShareCapital 2023-10-31 11030503 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11030503 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11030503 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 11030503 frs-bus:SmallEntities 2022-11-01 2023-10-31 11030503 frs-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 11030503 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11030503 frs-bus:Director1 2022-11-01 2023-10-31 11030503 frs-bus:Director2 2022-11-01 2023-10-31 11030503 frs-countries:EnglandWales 2022-11-01 2023-10-31 11030503 2021-10-31 11030503 2022-10-31 11030503 2021-11-01 2022-10-31 11030503 frs-core:CurrentFinancialInstruments 2022-10-31 11030503 frs-core:Non-currentFinancialInstruments 2022-10-31 11030503 frs-core:ShareCapital 2022-10-31 11030503 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 11030503
Antigone Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Quest Accounting Services Limited
Suite 110, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1FD
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Antigone Properties Ltd for the year ended year which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the directors of Antigone Properties Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Antigone Properties Ltd and state those matters that we have agreed to state to the directors of Antigone Properties Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Antigone Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Antigone Properties Ltd . You consider that Antigone Properties Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Antigone Properties Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Signed
Quest Accounting Services Limited
31st July 2024
Quest Accounting Services Limited
Suite 110, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1FD
Page 1
Page 2
Balance Sheet
Registered number: 11030503
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 715,465 715,465
715,465 715,465
CURRENT ASSETS
Investments 5 15,000 -
Cash at bank and in hand 8,479 3,479
23,479 3,479
NET CURRENT ASSETS (LIABILITIES) 23,479 3,479
TOTAL ASSETS LESS CURRENT LIABILITIES 738,944 718,944
Creditors: Amounts Falling Due After More Than One Year 6 (742,456 ) (727,332 )
NET LIABILITIES (3,512 ) (8,388 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (3,612 ) (8,488 )
SHAREHOLDERS' FUNDS (3,512) (8,388)
Page 2
Page 3
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
Dr Pamela Belcher
Director
31st July 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Antigone Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11030503 . The registered office is The Rectory, Marsh Baldon , Oxford , OX44 9LS.
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 and therefore the Directors give their support for the next 12 months.
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.
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.
2.4. 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: 2 (2022: 2)
2 2
4. Investment Property
2023
£
Fair Value
As at 1 November 2022 and 31 October 2023 715,465
5. Current Asset Investments
2023 2022
£ £
Short term deposits 15,000 -
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 414,600 414,600
Other creditors 224,536 200,036
Directors loan account 103,320 112,696
742,456 727,332
Page 4
Page 5
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At the balance sheet date, the company owed its Directors £103,320 (2022: £112,696). This loan is unsecured and interest free with no repayment terms.
At the balance sheet date, the company owed a company under common control £224,536 (2022: £200,036). This loan is unsecured and interest free with no repayment terms.
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