Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09698054 Mrs A J Mason Mr H A Mason iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09698054 2023-03-31 09698054 2024-03-31 09698054 2023-04-01 2024-03-31 09698054 frs-core:CurrentFinancialInstruments 2024-03-31 09698054 frs-core:BetweenOneFiveYears 2024-03-31 09698054 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09698054 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09698054 frs-core:PlantMachinery 2024-03-31 09698054 frs-core:PlantMachinery 2023-04-01 2024-03-31 09698054 frs-core:PlantMachinery 2023-03-31 09698054 frs-core:WithinOneYear 2024-03-31 09698054 frs-core:ShareCapital 2024-03-31 09698054 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09698054 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09698054 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09698054 frs-bus:SmallEntities 2023-04-01 2024-03-31 09698054 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09698054 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09698054 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 09698054 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 09698054 frs-bus:Director1 2023-04-01 2024-03-31 09698054 frs-bus:Director2 2023-04-01 2024-03-31 09698054 frs-countries:EnglandWales 2023-04-01 2024-03-31 09698054 2022-03-31 09698054 2023-03-31 09698054 2022-04-01 2023-03-31 09698054 frs-core:CurrentFinancialInstruments 2023-03-31 09698054 frs-core:BetweenOneFiveYears 2023-03-31 09698054 frs-core:WithinOneYear 2023-03-31 09698054 frs-core:ShareCapital 2023-03-31 09698054 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 09698054 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31
Registered number: 09698054
Ebury Estates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09698054
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,848 4,388
Investment Properties 5 1,145,000 1,145,000
1,150,848 1,149,388
CURRENT ASSETS
Debtors 6 2,200 3,071
Cash at bank and in hand 1,277 2,084
3,477 5,155
Creditors: Amounts Falling Due Within One Year 7 (888,551 ) (899,193 )
NET CURRENT ASSETS (LIABILITIES) (885,074 ) (894,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES 265,774 255,350
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,407 ) (8,407 )
NET ASSETS 257,367 246,943
CAPITAL AND RESERVES
Called up share capital 100 100
Fair Value Reserve 9 94,434 94,434
Profit and Loss Account 162,833 152,409
SHAREHOLDERS' FUNDS 257,367 246,943
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
Mrs A J Mason
Director
Mr H A Mason
Director
19/08/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ebury Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09698054 . The registered office is East Barn Renville, Bridge, Canterbury, CT4 5AD.
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. Going Concern Disclosure
Although the company has significant net current liabilities, the accounts have been prepared on a going concern basis due to the continued support of the directors who will not require repayment of their loan to the company until the company has sufficient liquid funds available.
2.3. Significant judgements and estimations
The directors of the company) have supplied the fair values of the company's investment properties as at the
balance sheet date. No other significant judgements and estimates have had to be made by the directors in
preparing these financial statements.
2.4. Turnover
Turnover represents rents receivable during the period under review.
2.5. 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% on cost
Computer Equipment 33% on cost
2.6. Investment Properties
Investment properties are included at most recent valuations.  Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Investment properties are included at fair value.   Gains and losses arising from changes on the fair value of investment properties are inlcuded in the profit and loss account in the period in which they arise.  Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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2.7. 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: 2)
2 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 April 2023 31,795
Additions 4,719
Disposals (1,883 )
As at 31 March 2024 34,631
Depreciation
As at 1 April 2023 27,407
Provided during the period 3,259
Disposals (1,883 )
As at 31 March 2024 28,783
...CONTINUED
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Net Book Value
As at 31 March 2024 5,848
As at 1 April 2023 4,388
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 1,145,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,042,159 1,042,159
Investment properties were valued on an open market basis by the directors.
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,200 3,071
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 553 -
Other creditors 885,309 895,554
Taxation and social security 2,689 3,639
888,551 899,193
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8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 3,628 3,628
Later than one year and not later than five years 2,116 5,744
5,744 9,372
9. Reserves
Fair Value Reserve
£
As at 1 April 2023 94,434
As at 31 March 2024 94,434
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