Acorah Software Products - Accounts Production 14.6.300 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 11653521 Mr Timothy Francis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11653521 2022-11-30 11653521 2023-11-30 11653521 2022-12-01 2023-11-30 11653521 frs-core:CurrentFinancialInstruments 2023-11-30 11653521 frs-core:Non-currentFinancialInstruments 2023-11-30 11653521 frs-core:RevaluationReserve 2022-12-01 2023-11-30 11653521 frs-core:RevaluationReserve 2022-11-30 11653521 frs-core:RevaluationReserve 2023-11-30 11653521 frs-core:ShareCapital 2023-11-30 11653521 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11653521 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11653521 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11653521 frs-bus:SmallEntities 2022-12-01 2023-11-30 11653521 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11653521 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11653521 frs-bus:Director1 2022-12-01 2023-11-30 11653521 frs-countries:EnglandWales 2022-12-01 2023-11-30 11653521 2021-11-30 11653521 2022-11-30 11653521 2021-12-01 2022-11-30 11653521 frs-core:CurrentFinancialInstruments 2022-11-30 11653521 frs-core:Non-currentFinancialInstruments 2022-11-30 11653521 frs-core:RevaluationReserve 2022-11-30 11653521 frs-core:ShareCapital 2022-11-30 11653521 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11653521
Langford Property Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11653521
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 417,500 366,392
417,500 366,392
CURRENT ASSETS
Debtors 5 - 1,384
Cash at bank and in hand 5,743 1,060
5,743 2,444
Creditors: Amounts Falling Due Within One Year 6 (116,630 ) (113,130 )
NET CURRENT ASSETS (LIABILITIES) (110,887 ) (110,686 )
TOTAL ASSETS LESS CURRENT LIABILITIES 306,613 255,706
Creditors: Amounts Falling Due After More Than One Year (211,125 ) (211,125 )
NET ASSETS 95,488 44,581
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Revaluation reserve 8 128,168 77,060
Profit and Loss Account (33,680 ) (33,479 )
SHAREHOLDERS' FUNDS 95,488 44,581
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Page 2
For the year 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 Timothy Francis
Director
06/08/2024
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
Langford Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11653521 . The registered office is 6 Cresswell Park, Blackheath, London, SE3 9RD.
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 1 December 2022 366,392
Revaluations 51,108
As at 30 November 2023 417,500
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2023 2022
£ £
Cost - 289,332
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 1,384
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 660 660
Director's loan account 115,970 112,470
116,630 113,130
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Reserves
Revaluation Reserve
£
As at 1 December 2022 77,060
Net investment property revaluation reserve 51,108
As at 30 November 2023 128,168
9. Related Party Transactions
Included in Other Creditiors is an amount of £115,970 (2022 - £112,470) due to the director. This loan is interest free and no repayment terms have been agreed.
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