Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 12384677 Mr David Power Mr David Power true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12384677 2023-01-31 12384677 2024-01-31 12384677 2023-02-01 2024-01-31 12384677 frs-core:CurrentFinancialInstruments 2024-01-31 12384677 frs-core:Non-currentFinancialInstruments 2024-01-31 12384677 frs-core:ComputerEquipment 2024-01-31 12384677 frs-core:ComputerEquipment 2023-02-01 2024-01-31 12384677 frs-core:ComputerEquipment 2023-01-31 12384677 frs-core:MotorVehicles 2024-01-31 12384677 frs-core:MotorVehicles 2023-02-01 2024-01-31 12384677 frs-core:MotorVehicles 2023-01-31 12384677 frs-core:PlantMachinery 2024-01-31 12384677 frs-core:PlantMachinery 2023-02-01 2024-01-31 12384677 frs-core:PlantMachinery 2023-01-31 12384677 frs-core:ShareCapital 2024-01-31 12384677 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12384677 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12384677 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12384677 frs-bus:SmallEntities 2023-02-01 2024-01-31 12384677 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12384677 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12384677 1 2023-02-01 2024-01-31 12384677 frs-bus:Director1 2023-02-01 2024-01-31 12384677 frs-countries:EnglandWales 2023-02-01 2024-01-31 12384677 2022-01-31 12384677 2023-01-31 12384677 2022-02-01 2023-01-31 12384677 frs-core:CurrentFinancialInstruments 2023-01-31 12384677 frs-core:Non-currentFinancialInstruments 2023-01-31 12384677 frs-core:ShareCapital 2023-01-31 12384677 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 12384677
Shail Property Services Ltd
Financial Statements
For The Year Ended 31 January 2024
Tate Accounting Services
66 Summerdown Walk
Trowbridge
Wilts
BA14 0LE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12384677
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,834 11,371
8,834 11,371
CURRENT ASSETS
Stocks 5 150 150
Debtors 6 19,207 748
Cash at bank and in hand 1,334 3,284
20,691 4,182
Creditors: Amounts Falling Due Within One Year 7 (1,062 ) (10,828 )
NET CURRENT ASSETS (LIABILITIES) 19,629 (6,646 )
TOTAL ASSETS LESS CURRENT LIABILITIES 28,463 4,725
Creditors: Amounts Falling Due After More Than One Year 8 (15,750 ) -
NET ASSETS 12,713 4,725
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 12,712 4,724
SHAREHOLDERS' FUNDS 12,713 4,725
Page 1
Page 2
For the year ending 31 January 2024 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 David Power
Director
5 October 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
Shail Property Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12384677 . The registered office is 10 Elm Grove, Swainswick, Bath, BA1 7AZ.
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.
Turnover includes revenue earned from the sale of goods and from the rendering of services. 
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.
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% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 3,135 17,270 269 20,674
Additions 408 - - 408
As at 31 January 2024 3,543 17,270 269 21,082
Depreciation
As at 1 February 2023 1,588 7,556 159 9,303
Provided during the period 489 2,428 28 2,945
As at 31 January 2024 2,077 9,984 187 12,248
Net Book Value
As at 31 January 2024 1,466 7,286 82 8,834
As at 1 February 2023 1,547 9,714 110 11,371
Page 3
Page 4
5. Stocks
2024 2023
£ £
Materials 150 150
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 601 748
Other taxes and social security 2,856 -
3,457 748
Due after more than one year
Trade debtors 15,750 -
19,207 748
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Accruals 883 737
Director's loan account 179 10,092
1,062 10,828
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Deferred Income 15,750 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr David Power by virtue of his ownership of 100% of the issued share capital in the company.
Page 4