Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03743874 Mr M A Elliott Mrs C A Elliott Mrs C A Elliott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03743874 2023-03-31 03743874 2024-03-31 03743874 2023-04-01 2024-03-31 03743874 frs-core:CurrentFinancialInstruments 2024-03-31 03743874 frs-core:RevaluationReserve 2023-03-31 03743874 frs-core:RevaluationReserve 2024-03-31 03743874 frs-core:ShareCapital 2024-03-31 03743874 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03743874 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03743874 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03743874 frs-bus:SmallEntities 2023-04-01 2024-03-31 03743874 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03743874 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03743874 frs-bus:Director1 2023-04-01 2024-03-31 03743874 frs-bus:Director2 2023-04-01 2024-03-31 03743874 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03743874 frs-countries:EnglandWales 2023-04-01 2024-03-31 03743874 2022-03-31 03743874 2023-03-31 03743874 2022-04-01 2023-03-31 03743874 frs-core:CurrentFinancialInstruments 2023-03-31 03743874 frs-core:RevaluationReserve 2023-03-31 03743874 frs-core:ShareCapital 2023-03-31 03743874 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03743874
Newcraft Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 03743874
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 270,000 270,000
270,000 270,000
CURRENT ASSETS
Debtors 5 159,552 260,292
Cash at bank and in hand 106,922 2,083
266,474 262,375
Creditors: Amounts Falling Due Within One Year 6 (28,869 ) (29,379 )
NET CURRENT ASSETS (LIABILITIES) 237,605 232,996
TOTAL ASSETS LESS CURRENT LIABILITIES 507,605 502,996
NET ASSETS 507,605 502,996
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 153,800 153,800
Profit and Loss Account 353,705 349,096
SHAREHOLDERS' FUNDS 507,605 502,996
Page 1
Page 2
For the year ending 31 March 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 M A Elliott
Director
15 August 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Newcraft Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03743874 . The registered office is 3 West Buildings, Worthing, BN11 3BS.
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. 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 (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 270,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 159,552 260,292
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 887 -
Corporation tax 1,081 2,478
Other creditors 26,901 26,901
28,869 29,379
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation Reserve
£
As at 1 April 2023 153,800
As at 31 March 2024 153,800
Page 3