Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09974667 Mr Farhan Aziz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09974667 2023-01-31 09974667 2024-01-31 09974667 2023-02-01 2024-01-31 09974667 frs-core:CurrentFinancialInstruments 2024-01-31 09974667 frs-core:Non-currentFinancialInstruments 2024-01-31 09974667 frs-core:ComputerEquipment 2024-01-31 09974667 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09974667 frs-core:ComputerEquipment 2023-01-31 09974667 frs-core:ShareCapital 2024-01-31 09974667 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09974667 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09974667 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09974667 frs-bus:SmallEntities 2023-02-01 2024-01-31 09974667 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09974667 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09974667 frs-bus:Director1 2023-02-01 2024-01-31 09974667 frs-countries:EnglandWales 2023-02-01 2024-01-31 09974667 2022-01-31 09974667 2023-01-31 09974667 2022-02-01 2023-01-31 09974667 frs-core:CurrentFinancialInstruments 2023-01-31 09974667 frs-core:Non-currentFinancialInstruments 2023-01-31 09974667 frs-core:ShareCapital 2023-01-31 09974667 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09974667
F & A Property Investments Ltd
Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09974667
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 378 568
378 568
CURRENT ASSETS
Debtors 5 344,224 353,724
Cash at bank and in hand 2,086 4,484
346,310 358,208
Creditors: Amounts Falling Due Within One Year 6 (300,019 ) (305,526 )
NET CURRENT ASSETS (LIABILITIES) 46,291 52,682
TOTAL ASSETS LESS CURRENT LIABILITIES 46,669 53,250
Creditors: Amounts Falling Due After More Than One Year 7 (36,151 ) (41,328 )
NET ASSETS 10,518 11,922
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 10,516 11,920
SHAREHOLDERS' FUNDS 10,518 11,922
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Farhan Aziz
Director
13 September 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
F & A Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09974667 . The registered office is 1 Mychell House, Pincott Road, Wimbledon, London, SW19 2NN.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Computer Equipment 25% on Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 757
As at 31 January 2024 757
Depreciation
As at 1 February 2023 189
Provided during the period 190
As at 31 January 2024 379
Net Book Value
As at 31 January 2024 378
As at 1 February 2023 568
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,475 6,975
Other debtors 341,749 346,749
344,224 353,724
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (2 ) 4,499
Other creditors 289,999 277,999
Taxation and social security 10,022 23,028
300,019 305,526
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 36,151 41,328
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
Included in the other debtors and other creditors are the following balances at the year end, the company was owed amounts by and (amounts owed to) the following companies:
Company Names 31 January 2024 31 January 2023
Dynamic Properties Investment UK Ltd £297,999.00 £286,999.00
Sifa Investments Ltd £42,750.00 £27,750.00 
F&A Properties Ltd £1,000.00 Nil
Creams LDN Ltd (£45,000.00) (£45,000.00)
The above amounts have been loaned to and from companies to meet the working capital requirements and are receivable and payable on demand. Mr Farhan Aziz is director and also a shareholder in above companies for the year ended 31 January 2024.
Page 4