Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11828194 Mrs Chantelle Gower-Jackson Mr Darren Gower-Jackson Chantelle & Darren Gower Jackson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11828194 2023-02-28 11828194 2024-02-29 11828194 2023-03-01 2024-02-29 11828194 frs-core:CurrentFinancialInstruments 2024-02-29 11828194 frs-core:Non-currentFinancialInstruments 2024-02-29 11828194 frs-core:ComputerEquipment 2024-02-29 11828194 frs-core:ComputerEquipment 2023-03-01 2024-02-29 11828194 frs-core:ComputerEquipment 2023-02-28 11828194 frs-core:FurnitureFittings 2024-02-29 11828194 frs-core:FurnitureFittings 2023-03-01 2024-02-29 11828194 frs-core:FurnitureFittings 2023-02-28 11828194 frs-core:ShareCapital 2024-02-29 11828194 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11828194 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11828194 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11828194 frs-bus:SmallEntities 2023-03-01 2024-02-29 11828194 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11828194 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11828194 1 2023-03-01 2024-02-29 11828194 frs-bus:Director1 2023-03-01 2024-02-29 11828194 frs-bus:Director2 2023-03-01 2024-02-29 11828194 frs-countries:EnglandWales 2023-03-01 2024-02-29 11828194 2022-02-28 11828194 2023-02-28 11828194 2022-03-01 2023-02-28 11828194 frs-core:CurrentFinancialInstruments 2023-02-28 11828194 frs-core:Non-currentFinancialInstruments 2023-02-28 11828194 frs-core:ShareCapital 2023-02-28 11828194 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11828194
CDRL Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Calculated Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11828194
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 750 1,774
Investment Properties 5 544,922 544,922
545,672 546,696
CURRENT ASSETS
Debtors 6 26,230 1,893
Cash at bank and in hand 24,236 473
50,466 2,366
Creditors: Amounts Falling Due Within One Year 7 (14,700 ) (14,700 )
NET CURRENT ASSETS (LIABILITIES) 35,766 (12,334 )
TOTAL ASSETS LESS CURRENT LIABILITIES 581,438 534,362
Creditors: Amounts Falling Due After More Than One Year 8 (548,975 ) (510,773 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,866 ) (7,866 )
NET ASSETS 24,597 15,723
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 24,497 15,623
SHAREHOLDERS' FUNDS 24,597 15,723
Page 1
Page 2
For the year ending 29 February 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
Mrs Chantelle Gower-Jackson
Director
19/09/2024
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
CDRL Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11828194 . The registered office is The Old Coach House West Leith, Tring, HP23 6JR.
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:
Fixtures & Fittings 5 Years Straight Line
Computer Equipment 3 Years 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 4,959 1,040 5,999
As at 29 February 2024 4,959 1,040 5,999
Depreciation
As at 1 March 2023 3,217 1,008 4,225
Provided during the period 992 32 1,024
As at 29 February 2024 4,209 1,040 5,249
Net Book Value
As at 29 February 2024 750 - 750
As at 1 March 2023 1,742 32 1,774
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 29 February 2024 544,922
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 26,230 1,893
26,230 1,893
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 14,700 14,700
14,700 14,700
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 355,453 352,383
Directors loan account 193,522 158,390
548,975 510,773
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
The directors advanced £193,522 (2023:£158,390) to the company. This loan is interest free and has no fixed terms of repayment.
11. Ultimate Controlling Party
The company's ultimate controlling party is Chantelle & Darren Gower Jackson by virtue of their ownership of 100% of the issued share capital in the company.
Page 4