Acorah Software Products - Accounts Production 14.6.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07307859 Mrs Pauline Brenda Royle Mr Ian Royle Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07307859 2023-07-31 07307859 2024-07-31 07307859 2023-08-01 2024-07-31 07307859 frs-core:CurrentFinancialInstruments 2024-07-31 07307859 frs-core:Non-currentFinancialInstruments 2024-07-31 07307859 frs-core:FurnitureFittings 2024-07-31 07307859 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07307859 frs-core:FurnitureFittings 2023-07-31 07307859 frs-core:ShareCapital 2024-07-31 07307859 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07307859 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07307859 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07307859 frs-bus:SmallEntities 2023-08-01 2024-07-31 07307859 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07307859 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07307859 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 07307859 frs-bus:OrdinaryShareClass1 2024-07-31 07307859 frs-bus:PreferenceShareClass1 2023-08-01 2024-07-31 07307859 frs-bus:PreferenceShareClass1 2024-07-31 07307859 frs-bus:Director1 2023-08-01 2024-07-31 07307859 frs-bus:Director2 2023-08-01 2024-07-31 07307859 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 07307859 frs-countries:EnglandWales 2023-08-01 2024-07-31 07307859 2022-07-31 07307859 2023-07-31 07307859 2022-08-01 2023-07-31 07307859 frs-core:CurrentFinancialInstruments 2023-07-31 07307859 frs-core:Non-currentFinancialInstruments 2023-07-31 07307859 frs-core:ShareCapital 2023-07-31 07307859 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07307859 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 07307859 frs-bus:PreferenceShareClass1 2022-08-01 2023-07-31
Registered number: 07307859
Parsonage Property Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07307859
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 123,999 123,999
123,999 123,999
Creditors: Amounts Falling Due Within One Year 6 (594 ) (570 )
NET CURRENT ASSETS (LIABILITIES) (594 ) (570 )
TOTAL ASSETS LESS CURRENT LIABILITIES 123,405 123,429
Creditors: Amounts Falling Due After More Than One Year 7 (61,540 ) (57,818 )
NET ASSETS 61,865 65,611
CAPITAL AND RESERVES
Called up share capital 8 113,342 113,342
Profit and Loss Account (51,477 ) (47,731 )
SHAREHOLDERS' FUNDS 61,865 65,611
For the year ending 31 July 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 Ian Royle
Director
09/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Parsonage Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07307859 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
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. 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 20% Straight Line
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: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2023 1,625
As at 31 July 2024 1,625
Depreciation
As at 1 August 2023 1,625
As at 31 July 2024 1,625
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 123,999
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 594 570
Page 2
Page 3
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 61,540 57,818
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.000 each 2 2
Preference Shares
2024 2023
Allotted, called up and fully paid £ £
113,340 Preference Shares of £ 1.000 each 113,340 113,340
Page 3