Acorah Software Products - Accounts Production 14.6.300 false true false 1 November 2022 30 November 2023 30 November 2023 14455163 Mr Steven Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14455163 2022-10-31 14455163 2023-11-30 14455163 2022-11-01 2023-11-30 14455163 frs-core:Non-currentFinancialInstruments 2023-11-30 14455163 frs-core:ShareCapital 2023-11-30 14455163 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 14455163 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-11-30 14455163 frs-bus:FilletedAccounts 2022-11-01 2023-11-30 14455163 frs-bus:SmallEntities 2022-11-01 2023-11-30 14455163 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-11-30 14455163 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-11-30 14455163 frs-core:UnlistedNon-exchangeTraded 2023-11-30 14455163 frs-core:UnlistedNon-exchangeTraded 2022-10-31 14455163 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-10-31 14455163 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 14455163 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 14455163 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-10-31 14455163 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 14455163 frs-bus:Director1 2022-11-01 2023-11-30 14455163 frs-countries:EnglandWales 2022-11-01 2023-11-30
Registered number: 14455163
Reflection Properties Limited
Unaudited Financial Statements
For the Period 1 November 2022 to 30 November 2023
Sempar Accountancy and Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14455163
30 November 2023
Notes £ £
FIXED ASSETS
Investment Properties 4 94,550
Investments 5 2
94,552
CURRENT ASSETS
Debtors 6 39,818
Cash at bank and in hand 300,361
340,179
Creditors: Amounts Falling Due Within One Year 7 (1,135 )
NET CURRENT ASSETS (LIABILITIES) 339,044
TOTAL ASSETS LESS CURRENT LIABILITIES 433,596
Creditors: Amounts Falling Due After More Than One Year 8 (306,585 )
NET ASSETS 127,011
CAPITAL AND RESERVES
Called up share capital 10 4
Profit and Loss Account 127,007
SHAREHOLDERS' FUNDS 127,011
Page 1
Page 2
For the period ending 30 November 2023 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 his 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 Steven Moore
Director
29 July 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Reflection Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14455163 . The registered office is C/O Sempar, Unit 3, Riverside 2, Campbell Road, Stoke-on-Trent , Staffordshire, ST4 4RJ.
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. Turnover includes revenue earned from rental income.
2.3. 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.
2.4. Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs.
They are measured at fair value through profit and loss if the investments are publically traded or their fair value can
otherwise be measured reliably. Other investments are measured at cost less impairment.
2.5. Consolidation
The company has taken advantage of the option not to file consolidated financial statements contained in Section 398
of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprises a small group.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
30 November 2023
£
Fair Value
As at 1 November 2022 -
Additions 94,550
As at 30 November 2023 94,550
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
30 November 2023
£
Cost 94,550
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 November 2022 -
Additions 2
As at 30 November 2023 2
Provision
As at 1 November 2022 -
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 2
As at 1 November 2022 -
Investments represent shares in wholly owned subisdiay undertaking Wet Auditors Limited, a company incorporated in
England & Wales
6. Debtors
30 November 2023
£
Due within one year
Other debtors 39,818
7. Creditors: Amounts Falling Due Within One Year
30 November 2023
£
Other creditors 1,135
8. Creditors: Amounts Falling Due After More Than One Year
30 November 2023
£
Bank loans 69,575
Amounts owed to group undertakings 237,010
306,585
9. Secured Creditors
Of the creditors the following amounts are secured.
30 November 2023
£
Bank loans and overdrafts 69,575
Page 4
Page 5
10. Share Capital
30 November 2023
£
Allotted, Called up and fully paid 4
11. Directors Advances, Credits and Guarantees
Included within Debtors are loans to the directors totalling £39,818. The loans are unsecured, repayable on
demand and interest is charged at 2/2.25% per annum.
Total dividends paid to directors in the year were £85,000.
Page 5