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 02093351 Mr John Wood Mrs Baljinder Beesla-Wood Mrs Baljinder Beesla-Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02093351 2023-01-31 02093351 2024-01-31 02093351 2023-02-01 2024-01-31 02093351 frs-core:Non-currentFinancialInstruments 2024-01-31 02093351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 02093351 frs-core:CapitalRedemptionReserve 2024-01-31 02093351 frs-core:ShareCapital 2024-01-31 02093351 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 02093351 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 02093351 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 02093351 frs-bus:SmallEntities 2023-02-01 2024-01-31 02093351 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 02093351 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 02093351 frs-bus:Director1 2023-02-01 2024-01-31 02093351 frs-bus:Director2 2023-02-01 2024-01-31 02093351 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 02093351 frs-countries:EnglandWales 2023-02-01 2024-01-31 02093351 2022-01-31 02093351 2023-01-31 02093351 2022-02-01 2023-01-31 02093351 frs-core:Non-currentFinancialInstruments 2023-01-31 02093351 frs-core:CapitalRedemptionReserve 2023-01-31 02093351 frs-core:ShareCapital 2023-01-31 02093351 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 02093351
Approach Lettings Limited
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 02093351
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 283,590 283,590
283,590 283,590
CURRENT ASSETS
Debtors 302,203 307,004
Cash at bank and in hand 9,649 15,403
311,852 322,407
Creditors: Amounts Falling Due Within One Year (36,516 ) (39,618 )
NET CURRENT ASSETS (LIABILITIES) 275,336 282,789
TOTAL ASSETS LESS CURRENT LIABILITIES 558,926 566,379
Creditors: Amounts Falling Due After More Than One Year (231,349 ) (247,061 )
NET ASSETS 327,577 319,318
CAPITAL AND RESERVES
Called up share capital 5 720 720
Capital redemption reserve 180 180
Profit and Loss Account 326,677 318,418
SHAREHOLDERS' FUNDS 327,577 319,318
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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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr John Wood
Director
Mrs Baljinder Beesla-Wood
Director
10th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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Notes to the Abridged Financial Statements
1. General Information
Approach Lettings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02093351 . The registered office is 15 Hillsdale Road, Burton-On-Trent, DE15 0AN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold not depreciated
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Total
£
Cost
As at 1 February 2023 283,590
As at 31 January 2024 283,590
Net Book Value
As at 31 January 2024 283,590
As at 1 February 2023 283,590
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 720 720
6. Related Party Transactions
Approach Residentials LimitedApproach Residentials Limited, a company incorporated in England & Wales, owns 100% of the share capital of Approach Lettings Limited.At the year-end £306,103 (2022: £310,103) was outstanding and included within debtors. The amount due is unsecured and no guarantees have been received.

Approach Residentials Limited

Approach Residentials Limited, a company incorporated in England & Wales, owns 100% of the share capital of Approach Lettings Limited.

At the year-end £306,103 (2022: £310,103) was outstanding and included within debtors. The amount due is unsecured and no guarantees have been received.

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