Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 25 August 2021 false 1 September 2022 31 August 2023 31 August 2023 13584057 Mr Tabasum Aslam iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13584057 2022-08-31 13584057 2023-08-31 13584057 2022-09-01 2023-08-31 13584057 frs-core:CurrentFinancialInstruments 2023-08-31 13584057 frs-core:ShareCapital 2023-08-31 13584057 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 13584057 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 13584057 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 13584057 frs-bus:SmallEntities 2022-09-01 2023-08-31 13584057 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13584057 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 13584057 frs-bus:Director1 2022-09-01 2023-08-31 13584057 frs-countries:EnglandWales 2022-09-01 2023-08-31 13584057 2021-08-24 13584057 2022-08-31 13584057 2021-08-25 2022-08-31 13584057 frs-core:CurrentFinancialInstruments 2022-08-31 13584057 frs-core:ShareCapital 2022-08-31 13584057 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 13584057
Success Property Developers Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2023
IHB Accountants Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13584057
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 50,290 50,290
50,290 50,290
CURRENT ASSETS
Debtors 5 - 270
Cash at bank and in hand 8,274 5,632
8,274 5,902
Creditors: Amounts Falling Due Within One Year 6 (57,519 ) (57,550 )
NET CURRENT ASSETS (LIABILITIES) (49,245 ) (51,648 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,045 (1,358 )
NET ASSETS/(LIABILITIES) 1,045 (1,358 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 945 (1,458 )
SHAREHOLDERS' FUNDS 1,045 (1,358)
Page 1
Page 2
For the year ending 31 August 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 Tabasum Aslam
Director
20 May 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
Success Property Developers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13584057 . The registered office is F25 Waterfront Studios, 1 Dock Road, London, E16 1AH.
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.
2.4. 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.
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 September 2022 and 31 August 2023 50,290
5. Debtors
2023 2022
£ £
Due within one year
Other debtors - 270
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 49,677 -
Corporation tax 222 -
Other creditors 395 -
Director's loan account 7,225 57,550
57,519 57,550
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4