Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 15 December 2021 false 1 January 2023 31 December 2023 31 December 2023 13802583 Mr Stuart Bak Ms Jessica Friedrici iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13802583 2022-12-31 13802583 2023-12-31 13802583 2023-01-01 2023-12-31 13802583 frs-core:CurrentFinancialInstruments 2023-12-31 13802583 frs-core:FurnitureFittings 2023-12-31 13802583 frs-core:FurnitureFittings 2023-01-01 2023-12-31 13802583 frs-core:FurnitureFittings 2022-12-31 13802583 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 13802583 frs-core:InvestmentPropertyIncludedWithinPPE 2022-12-31 13802583 frs-core:ShareCapital 2023-12-31 13802583 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13802583 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13802583 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13802583 frs-bus:SmallEntities 2023-01-01 2023-12-31 13802583 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13802583 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13802583 frs-bus:Director1 2023-01-01 2023-12-31 13802583 frs-bus:Director2 2023-01-01 2023-12-31 13802583 frs-countries:EnglandWales 2023-01-01 2023-12-31 13802583 2021-12-14 13802583 2022-12-31 13802583 2021-12-15 2022-12-31 13802583 frs-core:CurrentFinancialInstruments 2022-12-31 13802583 frs-core:ShareCapital 2022-12-31 13802583 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13802583
Bak Friedrici Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13802583
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 281,170 71,326
281,170 71,326
CURRENT ASSETS
Debtors 5 100 100
Cash at bank and in hand 1,125 -
1,225 100
Creditors: Amounts Falling Due Within One Year 6 (225,025 ) (74,448 )
NET CURRENT ASSETS (LIABILITIES) (223,800 ) (74,348 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,370 (3,022 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,220 ) -
NET ASSETS/(LIABILITIES) 46,150 (3,022 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 46,050 (3,122 )
SHAREHOLDERS' FUNDS 46,150 (3,022)
Page 1
Page 2
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
Ms Jessica Friedrici
Director
11/09/2024
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
Bak Friedrici Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13802583 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Fixtures & Fittings 25% Straight Line
2.4. 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.
2.5. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 January 2023 71,326 - 71,326
Additions 136,271 1,560 137,831
Revaluation 72,403 - 72,403
As at 31 December 2023 280,000 1,560 281,560
Depreciation
As at 1 January 2023 - - -
Provided during the period - 390 390
As at 31 December 2023 - 390 390
Net Book Value
As at 31 December 2023 280,000 1,170 281,170
As at 1 January 2023 71,326 - 71,326
Page 3
Page 4
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Other debtors 100 100
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Other creditors 8 -
Directors' loan accounts 225,017 74,448
225,025 74,448
7. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4