Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04994430 Mr Hugh Miller Mr Novissimo Anthony Ivor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04994430 2022-12-31 04994430 2023-12-31 04994430 2023-01-01 2023-12-31 04994430 frs-core:Non-currentFinancialInstruments 2023-12-31 04994430 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04994430 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04994430 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 04994430 frs-core:RevaluationReserve 2023-01-01 2023-12-31 04994430 frs-core:RevaluationReserve 2023-12-31 04994430 frs-core:SharePremium 2023-12-31 04994430 frs-core:ShareCapital 2023-12-31 04994430 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04994430 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04994430 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04994430 frs-bus:SmallEntities 2023-01-01 2023-12-31 04994430 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04994430 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04994430 frs-bus:Director1 2023-01-01 2023-12-31 04994430 frs-bus:Director2 2023-01-01 2023-12-31 04994430 frs-countries:EnglandWales 2023-01-01 2023-12-31 04994430 2021-12-31 04994430 2022-12-31 04994430 2022-01-01 2022-12-31 04994430 frs-core:Non-currentFinancialInstruments 2022-12-31 04994430 frs-core:RevaluationReserve 2022-12-31 04994430 frs-core:SharePremium 2022-12-31 04994430 frs-core:ShareCapital 2022-12-31 04994430 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04994430
Plum Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Cherry Management Services Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04994430
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 868,496 798,500
868,496 798,500
CURRENT ASSETS
Cash at bank and in hand 650 379
650 379
NET CURRENT ASSETS (LIABILITIES) 650 379
TOTAL ASSETS LESS CURRENT LIABILITIES 869,146 798,879
Creditors: Amounts Falling Due After More Than One Year 5 (868,867 ) (922,333 )
NET ASSETS/(LIABILITIES) 279 (123,454 )
CAPITAL AND RESERVES
Called up share capital 6 150,002 150,003
Share premium account 98,062 98,062
Revaluation reserve 7 160,000 -
Profit and Loss Account (407,785 ) (371,519 )
SHAREHOLDERS' FUNDS 279 (123,454)
Page 1
Page 2
For the year ending 31 December 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 Hugh Miller
Director
14/08/2024
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
Plum Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04994430 . The registered office is 77-79 Station Road, London, England, E4 7BU.
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 Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: NIL)
2 -
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 January 2023 798,500
Revaluation 69,996
As at 31 December 2023 868,496
Net Book Value
As at 31 December 2023 868,496
As at 1 January 2023 798,500
5. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 621,217 711,249
Other creditors 247,650 211,084
868,867 922,333
Page 3
Page 4
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 150,002 150,003
7. Reserves
Revaluation Reserve
£
Surplus on revaluation 160,000
As at 31 December 2023 160,000
Page 4