Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 12497145 Mr Shane Inger Mrs Margaret Inger iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12497145 2023-03-31 12497145 2024-03-31 12497145 2023-04-01 2024-03-31 12497145 frs-core:CurrentFinancialInstruments 2024-03-31 12497145 frs-core:Non-currentFinancialInstruments 2024-03-31 12497145 frs-core:ShareCapital 2024-03-31 12497145 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12497145 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12497145 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12497145 frs-bus:SmallEntities 2023-04-01 2024-03-31 12497145 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12497145 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12497145 frs-bus:Director1 2023-04-01 2024-03-31 12497145 frs-bus:Director2 2023-04-01 2024-03-31 12497145 frs-countries:EnglandWales 2023-04-01 2024-03-31 12497145 2022-03-31 12497145 2023-03-31 12497145 2022-04-01 2023-03-31 12497145 frs-core:CurrentFinancialInstruments 2023-03-31 12497145 frs-core:Non-currentFinancialInstruments 2023-03-31 12497145 frs-core:ShareCapital 2023-03-31 12497145 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12497145
Inger Property Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Mercian Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 12497145
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 546,707 273,432
546,707 273,432
CURRENT ASSETS
Cash at bank and in hand 1,224 332
1,224 332
Creditors: Amounts Falling Due Within One Year 5 (240 ) (240 )
NET CURRENT ASSETS (LIABILITIES) 984 92
TOTAL ASSETS LESS CURRENT LIABILITIES 547,691 273,524
Creditors: Amounts Falling Due After More Than One Year 6 (549,530 ) (274,917 )
NET LIABILITIES (1,839 ) (1,393 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (1,939 ) (1,493 )
SHAREHOLDERS' FUNDS (1,839) (1,393)
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
Mr Shane Inger
Director
09/08/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Inger Property Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12497145 . The registered office is 6 Prescott Meadows, Prescott, Shrewsbury, Shropshire, SY4 2DS.
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. 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: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 273,432
Additions 338,237
Disposals (64,962 )
As at 31 March 2024 546,707
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 546,707 273,432
Values are those determined upon completion of purchases within the period.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 240 240
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 549,530 274,917
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3