Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07475082 Mr Michael George Fereday Mrs Heather Fereday Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07475082 2022-12-31 07475082 2023-12-31 07475082 2023-01-01 2023-12-31 07475082 frs-core:CurrentFinancialInstruments 2023-12-31 07475082 frs-core:Non-currentFinancialInstruments 2023-12-31 07475082 frs-core:ShareCapital 2023-12-31 07475082 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07475082 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07475082 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07475082 frs-bus:SmallEntities 2023-01-01 2023-12-31 07475082 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07475082 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07475082 frs-bus:Director1 2023-01-01 2023-12-31 07475082 frs-bus:Director2 2023-01-01 2023-12-31 07475082 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 07475082 frs-countries:EnglandWales 2023-01-01 2023-12-31 07475082 2021-12-31 07475082 2022-12-31 07475082 2022-01-01 2022-12-31 07475082 frs-core:CurrentFinancialInstruments 2022-12-31 07475082 frs-core:Non-currentFinancialInstruments 2022-12-31 07475082 frs-core:ShareCapital 2022-12-31 07475082 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07475082
28 Degrees North Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Adrem Accounting ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 07475082
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 296,113 296,113
296,113 296,113
Creditors: Amounts Falling Due Within One Year 5 (693 ) (668 )
NET CURRENT ASSETS (LIABILITIES) (693 ) (668 )
TOTAL ASSETS LESS CURRENT LIABILITIES 295,420 295,445
Creditors: Amounts Falling Due After More Than One Year 6 (117,940 ) (112,498 )
NET ASSETS 177,480 182,947
CAPITAL AND RESERVES
Called up share capital 7 286,242 286,242
Profit and Loss Account (108,762 ) (103,295 )
SHAREHOLDERS' FUNDS 177,480 182,947
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 Michael George Fereday
Director
09/09/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
28 Degrees North Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07475082 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
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:
2023 2022
Office and administration 2 2
2 2
4. Investment Property
2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 296,113
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - (1 )
Accruals and deferred income 693 669
693 668
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 117,940 112,498
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 286,242 286,242
Page 2