Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12943540 Mr Daniel Turton Miss Christine Cartwright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12943540 2022-10-31 12943540 2023-10-31 12943540 2022-11-01 2023-10-31 12943540 frs-core:CurrentFinancialInstruments 2023-10-31 12943540 frs-core:Non-currentFinancialInstruments 2023-10-31 12943540 frs-core:ComputerEquipment 2023-10-31 12943540 frs-core:ComputerEquipment 2022-11-01 2023-10-31 12943540 frs-core:ComputerEquipment 2022-10-31 12943540 frs-core:FurnitureFittings 2023-10-31 12943540 frs-core:FurnitureFittings 2022-11-01 2023-10-31 12943540 frs-core:FurnitureFittings 2022-10-31 12943540 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 12943540 frs-core:InvestmentPropertyIncludedWithinPPE 2022-11-01 2023-10-31 12943540 frs-core:InvestmentPropertyIncludedWithinPPE 2022-10-31 12943540 frs-core:PlantMachinery 2023-10-31 12943540 frs-core:PlantMachinery 2022-11-01 2023-10-31 12943540 frs-core:PlantMachinery 2022-10-31 12943540 frs-core:ShareCapital 2023-10-31 12943540 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12943540 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12943540 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12943540 frs-bus:SmallEntities 2022-11-01 2023-10-31 12943540 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12943540 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12943540 frs-bus:Director1 2022-11-01 2023-10-31 12943540 frs-bus:Director2 2022-11-01 2023-10-31 12943540 frs-countries:EnglandWales 2022-11-01 2023-10-31 12943540 2021-10-31 12943540 2022-10-31 12943540 2021-11-01 2022-10-31 12943540 frs-core:CurrentFinancialInstruments 2022-10-31 12943540 frs-core:Non-currentFinancialInstruments 2022-10-31 12943540 frs-core:ShareCapital 2022-10-31 12943540 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12943540
Dce Property Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12943540
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 825,087 1,013,663
825,087 1,013,663
CURRENT ASSETS
Debtors 5 75,572 63,990
Cash at bank and in hand 10,263 24,674
85,835 88,664
Creditors: Amounts Falling Due Within One Year 6 (238,104 ) (295,692 )
NET CURRENT ASSETS (LIABILITIES) (152,269 ) (207,028 )
TOTAL ASSETS LESS CURRENT LIABILITIES 672,818 806,635
Creditors: Amounts Falling Due After More Than One Year 7 (500,418 ) (635,885 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,214 ) (38,356 )
NET ASSETS 137,186 132,394
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 137,184 132,392
SHAREHOLDERS' FUNDS 137,186 132,394
Page 1
Page 2
For the year ending 31 October 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
Mr Daniel Turton
Director
28/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dce Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12943540 . The registered office is 26 Brook Hall Road, Fingringhoe, Colchester, CO5 7DG.
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:
Plant & Machinery 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
Changes in fair value are recognised in the profit and loss account.
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.6. 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.
2.7. 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 period was as follows:
2023 2022
Office and administration 4 3
4 3
Page 3
Page 4
4. Tangible Assets
Investment Properties Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 November 2022 1,006,500 2,032 8,254 998 1,017,784
Additions - 995 - - 995
Disposals (196,500 ) - - - (196,500 )
Revaluation 10,000 - - - 10,000
As at 31 October 2023 820,000 3,027 8,254 998 832,279
Depreciation
As at 1 November 2022 - 738 2,883 500 4,121
Provided during the period - 757 2,064 250 3,071
As at 31 October 2023 - 1,495 4,947 750 7,192
Net Book Value
As at 31 October 2023 820,000 1,532 3,307 248 825,087
As at 1 November 2022 1,006,500 1,294 5,371 498 1,013,663
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 2 2
Due after more than one year
Other debtors 75,570 63,988
75,572 63,990
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 3,073 -
Other taxes and social security 32 85
VAT 2,978 8,670
Other creditors 20,986 62,464
Accruals and deferred income - 2,436
Directors' loan accounts 211,035 222,037
238,104 295,692
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 500,418 635,885
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8. Secured Creditors
Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of between 25 and 30 years.
2023 2022
£ £
Bank loans and overdrafts 500,418 635,885
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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