Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06850104 Mr Robert Day Mrs Jennifer Day iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06850104 2023-06-30 06850104 2024-06-30 06850104 2023-07-01 2024-06-30 06850104 frs-core:CurrentFinancialInstruments 2024-06-30 06850104 frs-core:ComputerEquipment 2024-06-30 06850104 frs-core:ComputerEquipment 2023-07-01 2024-06-30 06850104 frs-core:ComputerEquipment 2023-06-30 06850104 frs-core:FurnitureFittings 2024-06-30 06850104 frs-core:FurnitureFittings 2023-07-01 2024-06-30 06850104 frs-core:FurnitureFittings 2023-06-30 06850104 frs-core:ShareCapital 2024-06-30 06850104 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06850104 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06850104 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06850104 frs-bus:SmallEntities 2023-07-01 2024-06-30 06850104 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06850104 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06850104 frs-core:CostValuation 2023-06-30 06850104 frs-core:AdditionsToInvestments 2024-06-30 06850104 frs-core:DisposalsRepaymentsInvestments 2024-06-30 06850104 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-06-30 06850104 frs-core:CostValuation 2024-06-30 06850104 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 06850104 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 06850104 frs-core:ListedExchangeTraded 2024-06-30 06850104 frs-core:ListedExchangeTraded 2023-06-30 06850104 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-06-30 06850104 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-06-30 06850104 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-06-30 06850104 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-06-30 06850104 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-06-30 06850104 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-06-30 06850104 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-06-30 06850104 frs-bus:Director1 2023-07-01 2024-06-30 06850104 frs-bus:Director2 2023-07-01 2024-06-30 06850104 frs-countries:EnglandWales 2023-07-01 2024-06-30 06850104 2022-06-30 06850104 2023-06-30 06850104 2022-07-01 2023-06-30 06850104 frs-core:CurrentFinancialInstruments 2023-06-30 06850104 frs-core:ShareCapital 2023-06-30 06850104 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06850104
Appledore Holidays Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06850104
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 (2,087 ) 7,276
Investment Properties 5 1,539,525 902,648
Investments 6 471,330 444,299
2,008,768 1,354,223
CURRENT ASSETS
Debtors 7 293,209 299,900
Cash at bank and in hand 11,963 8,740
305,172 308,640
Creditors: Amounts Falling Due Within One Year 8 (239,737 ) (170,304 )
NET CURRENT ASSETS (LIABILITIES) 65,435 138,336
TOTAL ASSETS LESS CURRENT LIABILITIES 2,074,203 1,492,559
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,237 ) (1,237 )
NET ASSETS 2,072,966 1,491,322
CAPITAL AND RESERVES
Called up share capital 9 20 20
Profit and Loss Account 2,072,946 1,491,302
SHAREHOLDERS' FUNDS 2,072,966 1,491,322
Page 1
Page 2
For the year ending 30 June 2024 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 Robert Day
Director
12 August 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
Appledore Holidays Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06850104 . The registered office is The Old Library, The Walk Winslow, Buckingham, Buckinghamshire, MK18 3AJ.
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:
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% Reducing Balance
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 July 2023 25,235 1,108 26,343
As at 30 June 2024 25,235 1,108 26,343
Depreciation
As at 1 July 2023 17,962 1,105 19,067
Provided during the period 9,360 3 9,363
As at 30 June 2024 27,322 1,108 28,430
Net Book Value
As at 30 June 2024 (2,087 ) - (2,087 )
As at 1 July 2023 7,273 3 7,276
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 902,648
Additions 39,525
Revaluations 597,352
As at 30 June 2024 1,539,525
Property has been revalued to reflect the fair value.
6. Investments
Subsidiaries Listed Total
£ £ £
Cost
As at 1 July 2023 100 444,199 444,299
Additions - 23,735 23,735
Disposals - (50,000 ) (50,000 )
Revaluations - 53,296 53,296
As at 30 June 2024 100 471,230 471,330
Provision
As at 1 July 2023 - - -
As at 30 June 2024 - - -
Net Book Value
As at 30 June 2024 100 471,230 471,330
As at 1 July 2023 100 444,199 444,299
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 293,209 299,900
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 59 84
Other creditors 239,678 168,895
Taxation and social security - 1,325
239,737 170,304
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
Page 5