Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC636067 Ewan Dudding Kyle Dudding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC636067 2023-07-31 SC636067 2024-07-31 SC636067 2023-08-01 2024-07-31 SC636067 frs-core:CurrentFinancialInstruments 2024-07-31 SC636067 frs-core:Non-currentFinancialInstruments 2024-07-31 SC636067 frs-core:RevaluationReserve 2023-08-01 2024-07-31 SC636067 frs-core:RevaluationReserve 2024-07-31 SC636067 frs-core:ShareCapital 2024-07-31 SC636067 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC636067 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC636067 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC636067 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC636067 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC636067 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC636067 frs-bus:Director1 2023-08-01 2024-07-31 SC636067 frs-bus:Director2 2023-08-01 2024-07-31 SC636067 frs-core:CurrentFinancialInstruments 1 2024-07-31 SC636067 frs-countries:Scotland 2023-08-01 2024-07-31 SC636067 2022-07-31 SC636067 2023-07-31 SC636067 2022-08-01 2023-07-31 SC636067 frs-core:CurrentFinancialInstruments 2023-07-31 SC636067 frs-core:Non-currentFinancialInstruments 2023-07-31 SC636067 frs-core:RevaluationReserve 2023-07-31 SC636067 frs-core:ShareCapital 2023-07-31 SC636067 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC636067 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: SC636067
E & K DUDDING PROPERTIES LTD
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC636067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,652,055 973,828
1,652,055 973,828
CURRENT ASSETS
Debtors 5 250 257
Cash at bank and in hand 4,650 72,814
4,900 73,071
Creditors: Amounts Falling Due Within One Year 6 (592,160 ) (259,204 )
NET CURRENT ASSETS (LIABILITIES) (587,260 ) (186,133 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,064,795 787,695
Creditors: Amounts Falling Due After More Than One Year 7 (1,071,179 ) (837,952 )
NET LIABILITIES (6,384 ) (50,257 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 168,156 -
Profit and Loss Account (174,542 ) (50,259 )
SHAREHOLDERS' FUNDS (6,384) (50,257)
Page 1
Page 2
For the year ending 31 July 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
Ewan Dudding
Director
23 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
E & K DUDDING PROPERTIES LTD is a private company, limited by shares, incorporated in Scotland, registered number SC636067 . The registered office is 120 West Regent Street, Glasgow, G2 2QD.
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.
2.3. 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 August 2023 973,828
Additions 589,239
Disposals (79,168 )
Revaluations 168,156
As at 31 July 2024 1,652,055
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,483,899 973,828
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 250 -
Other debtors - 257
250 257
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 224,986 -
Accruals 1,740 1,500
Directors' loan accounts 365,434 257,704
592,160 259,204
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,071,179 837,952
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 168,156
As at 31 July 2024 168,156
Page 4