Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 December 2023 31 December 2023 12923629 Mr Nicholas Bailey Mr Thomas Goodall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12923629 2022-10-31 12923629 2023-12-31 12923629 2022-11-01 2023-12-31 12923629 frs-core:CurrentFinancialInstruments 2023-12-31 12923629 frs-core:ComputerEquipment 2023-12-31 12923629 frs-core:ComputerEquipment 2022-11-01 2023-12-31 12923629 frs-core:ComputerEquipment 2022-10-31 12923629 frs-core:ShareCapital 2023-12-31 12923629 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12923629 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-12-31 12923629 frs-bus:FilletedAccounts 2022-11-01 2023-12-31 12923629 frs-bus:SmallEntities 2022-11-01 2023-12-31 12923629 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-12-31 12923629 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-12-31 12923629 frs-bus:Director1 2022-11-01 2023-12-31 12923629 frs-bus:Director2 2022-11-01 2023-12-31 12923629 frs-countries:EnglandWales 2022-11-01 2023-12-31 12923629 2021-10-31 12923629 2022-10-31 12923629 2021-11-01 2022-10-31 12923629 frs-core:CurrentFinancialInstruments 2022-10-31 12923629 frs-core:ShareCapital 2022-10-31 12923629 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12923629
Freeman Real Estate Ltd
Unaudited Financial Statements
For the Period 1 November 2022 to 31 December 2023
Marlow Proactive
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12923629
31 December 2023 31 October 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,383 -
4,383 -
CURRENT ASSETS
Debtors 5 6,767 2
Cash at bank and in hand 15,989 -
22,756 2
Creditors: Amounts Falling Due Within One Year 6 (41,023 ) -
NET CURRENT ASSETS (LIABILITIES) (18,267 ) 2
TOTAL ASSETS LESS CURRENT LIABILITIES (13,884 ) 2
NET (LIABILITIES)/ASSETS (13,884 ) 2
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (13,886 ) -
SHAREHOLDERS' FUNDS (13,884) 2
Page 1
Page 2
For the period 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
Mr Nicholas Bailey
Director
Mr Thomas Goodall
Director
13/09/2024
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
Freeman Real Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12923629 . The registered office is 46 Belwell Lane, Sutton Coldfield, B74 4TR.
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:
Computer Equipment 33.33% on Straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2022: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 -
Additions 4,628
As at 31 December 2023 4,628
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2022 -
Provided during the period 245
As at 31 December 2023 245
Net Book Value
As at 31 December 2023 4,383
As at 1 November 2022 -
5. Debtors
31 December 2023 31 October 2022
£ £
Due within one year
Trade debtors 4,840 -
Other debtors 1,927 2
6,767 2
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 October 2022
£ £
Amounts owed to participating interests 11,885 -
Other creditors 29,138 -
41,023 -
7. Share Capital
31 December 2023 31 October 2022
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
Page 4