Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 8 November 2021 false 1 December 2022 30 November 2023 30 November 2023 13729958 Mr Andrew Berryman Mr Mark Berryman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13729958 2022-11-30 13729958 2023-11-30 13729958 2022-12-01 2023-11-30 13729958 frs-core:CurrentFinancialInstruments 2023-11-30 13729958 frs-core:Non-currentFinancialInstruments 2023-11-30 13729958 frs-core:ComputerEquipment 2023-11-30 13729958 frs-core:ComputerEquipment 2022-12-01 2023-11-30 13729958 frs-core:ComputerEquipment 2022-11-30 13729958 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 13729958 frs-core:InvestmentPropertyIncludedWithinPPE 2022-11-30 13729958 frs-core:ShareCapital 2023-11-30 13729958 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13729958 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13729958 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13729958 frs-bus:SmallEntities 2022-12-01 2023-11-30 13729958 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13729958 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13729958 frs-bus:Director1 2022-12-01 2023-11-30 13729958 frs-bus:Director2 2022-12-01 2023-11-30 13729958 frs-countries:EnglandWales 2022-12-01 2023-11-30 13729958 2021-11-07 13729958 2022-11-30 13729958 2021-11-08 2022-11-30 13729958 frs-core:CurrentFinancialInstruments 2022-11-30 13729958 frs-core:Non-currentFinancialInstruments 2022-11-30 13729958 frs-core:ShareCapital 2022-11-30 13729958 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 13729958
Greyswood Residential Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13729958
30 November 2023 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 310,000 278,937
310,000 278,937
CURRENT ASSETS
Debtors 4 77,334 57,119
Cash at bank and in hand 6,787 2,891
84,121 60,010
Creditors: Amounts Falling Due Within One Year 5 (172,128 ) (142,486 )
NET CURRENT ASSETS (LIABILITIES) (88,007 ) (82,476 )
TOTAL ASSETS LESS CURRENT LIABILITIES 221,993 196,461
Creditors: Amounts Falling Due After More Than One Year 6 (205,223 ) (205,223 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,210 ) -
NET ASSETS/(LIABILITIES) 13,560 (8,762 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 13,558 (8,764 )
SHAREHOLDERS' FUNDS 13,560 (8,762)
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Page 2
For the year ending 30 November 2023 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 Andrew Berryman
Director
14/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
1.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
1.4. 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:
Computer Equipment 25% Straight Line
1.5. 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. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for. 
Changes in fair value are recognised in the profit and loss account.
1.6. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
1.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2022: 2)
2 2
3. Tangible Assets
Investment Properties Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 December 2022 278,000 1,249 279,249
Additions - 4,500 4,500
Revaluation 28,000 - 28,000
As at 30 November 2023 306,000 5,749 311,749
...CONTINUED
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Depreciation
As at 1 December 2022 - 312 312
Provided during the period - 1,437 1,437
As at 30 November 2023 - 1,749 1,749
Net Book Value
As at 30 November 2023 306,000 4,000 310,000
As at 1 December 2022 278,000 937 278,937
4. Debtors
30 November 2023 30 November 2022
£ £
Due within one year
Prepayments and accrued income 77,332 57,117
Other debtors 2 2
77,334 57,119
5. Creditors: Amounts Falling Due Within One Year
30 November 2023 30 November 2022
£ £
Other creditors 89 903
Accruals and deferred income 468 349
Directors' loan accounts 171,571 141,234
172,128 142,486
6. Creditors: Amounts Falling Due After More Than One Year
30 November 2023 30 November 2022
£ £
Bank loans 205,223 205,223
205,223 205,223
7. Secured Creditors
Of the creditors falling due within and after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of 25 years.
30 November 2023 30 November 2022
£ £
Bank loans and overdrafts 205,223 205,223
8. Share Capital
30 November 2023 30 November 2022
£ £
Allotted, Called up and fully paid 2 2
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9. General Information
Greyswood Residential Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13729958 . The registered office is 1 Eastwood Street, London, SW16 6PT.
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