Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 27 July 2021 false 1 January 2023 31 December 2023 31 December 2023 13532520 Mr Paul Barnes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13532520 2022-12-31 13532520 2023-12-31 13532520 2023-01-01 2023-12-31 13532520 frs-core:CurrentFinancialInstruments 2023-12-31 13532520 frs-core:Non-currentFinancialInstruments 2023-12-31 13532520 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 13532520 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 13532520 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 13532520 frs-core:ShareCapital 2023-12-31 13532520 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13532520 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13532520 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13532520 frs-bus:SmallEntities 2023-01-01 2023-12-31 13532520 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13532520 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13532520 frs-bus:Director1 2023-01-01 2023-12-31 13532520 frs-countries:EnglandWales 2023-01-01 2023-12-31 13532520 2021-07-26 13532520 2022-12-31 13532520 2021-07-27 2022-12-31 13532520 frs-core:CurrentFinancialInstruments 2022-12-31 13532520 frs-core:Non-currentFinancialInstruments 2022-12-31 13532520 frs-core:ShareCapital 2022-12-31 13532520 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13532520
AW Properties 1 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: 13532520
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,718,956 5,062,732
4,718,956 5,062,732
CURRENT ASSETS
Debtors 5 346,533 634,313
Cash at bank and in hand 165 11,219
346,698 645,532
Creditors: Amounts Falling Due Within One Year 6 (43,465 ) (28,178 )
NET CURRENT ASSETS (LIABILITIES) 303,233 617,354
TOTAL ASSETS LESS CURRENT LIABILITIES 5,022,189 5,680,086
Creditors: Amounts Falling Due After More Than One Year 7 (6,030,004 ) (6,047,062 )
NET LIABILITIES (1,007,815 ) (366,976 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,007,915 ) (367,076 )
SHAREHOLDERS' FUNDS (1,007,815) (366,976)
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 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 Paul Barnes
Director
31/07/2024
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
AW Properties 1 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13532520 . The registered office is Room-S, 8 Copperkins Grove, Amersham, Bucks, HP6 5QD.
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:
Leasehold Over the length of the lease
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: NIL)
1 -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 January 2023 5,156,642
As at 31 December 2023 5,156,642
Depreciation
As at 1 January 2023 93,910
Provided during the period 343,776
As at 31 December 2023 437,686
Net Book Value
As at 31 December 2023 4,718,956
As at 1 January 2023 5,062,732
Page 3
Page 4
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 298,638 26,135
Other debtors 47,895 47,895
VAT - 560,283
346,533 634,313
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
VAT 42,966 -
Other creditors (1 ) (1 )
Accruals and deferred income - 28,179
Director's loan account 500 -
43,465 28,178
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 December 2022
£ £
Other creditors 6,030,004 6,047,062
8. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4