Acorah Software Products - Accounts Production 15.0.500 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 11336594 Charlotte Sams Paige Leadbetter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11336594 2023-04-30 11336594 2024-04-30 11336594 2023-05-01 2024-04-30 11336594 frs-core:CurrentFinancialInstruments 2024-04-30 11336594 frs-core:Non-currentFinancialInstruments 2024-04-30 11336594 frs-core:RevaluationReserve 2023-05-01 2024-04-30 11336594 frs-core:RevaluationReserve 2024-04-30 11336594 frs-core:ShareCapital 2024-04-30 11336594 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11336594 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11336594 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11336594 frs-bus:SmallEntities 2023-05-01 2024-04-30 11336594 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11336594 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11336594 frs-bus:Director1 2023-05-01 2024-04-30 11336594 frs-bus:Director2 2023-05-01 2024-04-30 11336594 frs-countries:EnglandWales 2023-05-01 2024-04-30 11336594 2022-04-30 11336594 2023-04-30 11336594 2022-05-01 2023-04-30 11336594 frs-core:CurrentFinancialInstruments 2023-04-30 11336594 frs-core:Non-currentFinancialInstruments 2023-04-30 11336594 frs-core:RevaluationReserve 2023-04-30 11336594 frs-core:ShareCapital 2023-04-30 11336594 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11336594
Barefoot 21 Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11336594
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,070,000 998,745
1,070,000 998,745
CURRENT ASSETS
Debtors 5 4,810 4,000
Cash at bank and in hand 7,212 98,979
12,022 102,979
Creditors: Amounts Falling Due Within One Year 6 (210,724 ) (245,335 )
NET CURRENT ASSETS (LIABILITIES) (198,702 ) (142,356 )
TOTAL ASSETS LESS CURRENT LIABILITIES 871,298 856,389
Creditors: Amounts Falling Due After More Than One Year 7 (546,229 ) (869,986 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (89,750 ) -
NET ASSETS/(LIABILITIES) 235,319 (13,597 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 269,249 -
Profit and Loss Account (34,030 ) (13,697 )
SHAREHOLDERS' FUNDS 235,319 (13,597)
Page 1
Page 2
For the year ending 30 April 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
Paige Leadbetter
Director
27 August 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
Barefoot 21 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11336594 . The registered office is 5-7 Station Road, Longfield, Kent, DA3 7QD.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less anyimpairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.5. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 1,047,202
Additions 172,545
Disposals (475,155 )
Revaluations 325,408
Depreciation and impairment -
As at 30 April 2024 1,070,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,047,201 1,047,201
Accumulated depreciation and impairment 47,092 48,459
Carrying amount 1,000,109 998,742
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,810 4,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,600 4,800
Bank loans and overdrafts 3,999 4,000
Amounts owed to participating interests 100,001 -
Other creditors 102,124 232,632
Taxation and social security - 3,903
210,724 245,335
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 546,229 869,986
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 269,249
As at 30 April 2024 269,249
Page 4