Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12358066 Mrs Riva Dacumos Mr Tobias Holm iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12358066 2022-12-31 12358066 2023-12-31 12358066 2023-01-01 2023-12-31 12358066 frs-core:CurrentFinancialInstruments 2023-12-31 12358066 frs-core:Non-currentFinancialInstruments 2023-12-31 12358066 frs-core:ShareCapital 2023-12-31 12358066 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12358066 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12358066 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12358066 frs-bus:SmallEntities 2023-01-01 2023-12-31 12358066 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12358066 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12358066 frs-bus:Director1 2023-01-01 2023-12-31 12358066 frs-bus:Director2 2023-01-01 2023-12-31 12358066 frs-countries:EnglandWales 2023-01-01 2023-12-31 12358066 2021-12-31 12358066 2022-12-31 12358066 2022-01-01 2022-12-31 12358066 frs-core:CurrentFinancialInstruments 2022-12-31 12358066 frs-core:Non-currentFinancialInstruments 2022-12-31 12358066 frs-core:ShareCapital 2022-12-31 12358066 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12358066
Holm Front Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12358066
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 25,904 25,904
25,904 25,904
CURRENT ASSETS
Cash at bank and in hand 426 4,412
426 4,412
Creditors: Amounts Falling Due Within One Year 5 (30,544 ) (58,751 )
NET CURRENT ASSETS (LIABILITIES) (30,118 ) (54,339 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,214 ) (28,435 )
Creditors: Amounts Falling Due After More Than One Year 6 (24,110 ) -
NET LIABILITIES (28,324 ) (28,435 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (28,424 ) (28,535 )
SHAREHOLDERS' FUNDS (28,324) (28,435)
Page 1
Page 2
For the year ending 31 December 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 Tobias Holm
Director
27/08/2024
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
Holm Front Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12358066 . The registered office is Coach House Bellevue Road, London, N11 3NY.
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
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.
2.3. Turnover
Turnover is measured at the fair value of the consideration of rent received.
2.4. 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 (2022: 2)
2 2
4. Investment Property
2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 25,904
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 1,680 1,680
Directors' loan accounts 28,864 57,071
30,544 58,751
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 24,110 -
24,110 -
7. Secured Creditors
Of the creditors the following amounts are secured.
2023 2022
£ £
Bank loans and overdrafts 24,110 -
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8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4