Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 12300252 Mr Del Fiddes Mr Craig Fiddes Mr Scott Fiddes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12300252 2022-11-30 12300252 2023-11-30 12300252 2022-12-01 2023-11-30 12300252 frs-core:CurrentFinancialInstruments 2023-11-30 12300252 frs-core:Non-currentFinancialInstruments 2023-11-30 12300252 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 12300252 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12300252 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 12300252 frs-core:ShareCapital 2023-11-30 12300252 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12300252 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12300252 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12300252 frs-bus:SmallEntities 2022-12-01 2023-11-30 12300252 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12300252 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12300252 frs-bus:Director1 2022-12-01 2023-11-30 12300252 frs-bus:Director2 2022-12-01 2023-11-30 12300252 frs-bus:Director3 2022-12-01 2023-11-30 12300252 frs-countries:EnglandWales 2022-12-01 2023-11-30 12300252 2021-11-30 12300252 2022-11-30 12300252 2021-12-01 2022-11-30 12300252 frs-core:CurrentFinancialInstruments 2022-11-30 12300252 frs-core:Non-currentFinancialInstruments 2022-11-30 12300252 frs-core:ShareCapital 2022-11-30 12300252 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12300252
Property Threshold LTD
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12300252
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 99,575 99,575
99,575 99,575
CURRENT ASSETS
Cash at bank and in hand 112 3,696
112 3,696
Creditors: Amounts Falling Due Within One Year 5 (4,050 ) (112,698 )
NET CURRENT ASSETS (LIABILITIES) (3,938 ) (109,002 )
TOTAL ASSETS LESS CURRENT LIABILITIES 95,637 (9,427 )
Creditors: Amounts Falling Due After More Than One Year 6 (250,976 ) (119,220 )
NET LIABILITIES (155,339 ) (128,647 )
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account (155,342 ) (128,650 )
SHAREHOLDERS' FUNDS (155,339) (128,647)
Page 1
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 Del Fiddes
Director
30/08/2024
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
Property Threshold LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12300252 . The registered office is 31 Hazel Grove, Burnopfield, County Durham, NE16 6DU.
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:
Freehold Assets revalued using fair value principle.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 December 2022 99,575
As at 30 November 2023 99,575
Net Book Value
As at 30 November 2023 99,575
As at 1 December 2022 99,575
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 3,600 3,600
Accruals and deferred income 450 900
Directors' loan accounts - 108,198
4,050 112,698
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 6,518 9,162
Directors loan account 244,458 110,058
250,976 119,220
Page 3
Page 4
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 3 3
Page 4