Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 01649618 Mr N S Phillips Mr T R Johnson Mr K Bansal Mr G K Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01649618 2023-03-31 01649618 2024-03-31 01649618 2023-04-01 2024-03-31 01649618 frs-core:CurrentFinancialInstruments 2024-03-31 01649618 frs-core:ShareCapital 2024-03-31 01649618 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01649618 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01649618 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 01649618 frs-bus:SmallEntities 2023-04-01 2024-03-31 01649618 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01649618 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01649618 frs-bus:Director1 2023-04-01 2024-03-31 01649618 frs-bus:Director2 2023-04-01 2024-03-31 01649618 frs-bus:Director3 2023-04-01 2024-03-31 01649618 frs-bus:Director4 2023-04-01 2024-03-31 01649618 frs-countries:EnglandWales 2023-04-01 2024-03-31 01649618 2022-03-31 01649618 2023-03-31 01649618 2022-04-01 2023-03-31 01649618 frs-core:CurrentFinancialInstruments 2023-03-31 01649618 frs-core:ShareCapital 2023-03-31 01649618 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 01649618
Brookvale Village Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01649618
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 42,600 44,676
42,600 44,676
CURRENT ASSETS
Debtors 4 14,719 12,459
Cash at bank and in hand 224,115 212,733
238,834 225,192
Creditors: Amounts Falling Due Within One Year 5 (14,186 ) (8,354 )
NET CURRENT ASSETS (LIABILITIES) 224,648 216,838
TOTAL ASSETS LESS CURRENT LIABILITIES 267,248 261,514
NET ASSETS 267,248 261,514
CAPITAL AND RESERVES
Called up share capital 6 307 307
Profit and Loss Account 266,941 261,207
SHAREHOLDERS' FUNDS 267,248 261,514
Page 1
Page 2
For the year ending 31 March 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
Mr G K Thompson
Director
11/09/2024
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
Brookvale Village Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01649618 . The registered office is Cottons 361 Hagley Road, Edgbaston, Birmingham, West Midlands, B17 8DL.
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. Profits from the sale of freehold are included as a profit on disposal in the profit and loss account.
2.3. Tangible Fixed Assets and Depreciation
Depreciation has not been charged in the accounts.
2.4. Investment Properties
All investment properties for which fair value can be measured reliably without undue cost or effort are carried at fair value determined annually. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account. Where fair value cannot be measured reliably, investment properties are carried at cost.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,730 3,767
Prepayments and accrued income 10,989 8,692
14,719 12,459
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Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 13,263 6,851
Taxation and social security 923 1,503
14,186 8,354
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 307 307
Page 4