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 07988388 Daren Cope Susan Cope iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07988388 2023-03-31 07988388 2024-03-31 07988388 2023-04-01 2024-03-31 07988388 frs-core:CurrentFinancialInstruments 2024-03-31 07988388 frs-core:Non-currentFinancialInstruments 2024-03-31 07988388 frs-core:FurnitureFittings 2024-03-31 07988388 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07988388 frs-core:FurnitureFittings 2023-03-31 07988388 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 07988388 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07988388 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 07988388 frs-core:PlantMachinery 2024-03-31 07988388 frs-core:PlantMachinery 2023-04-01 2024-03-31 07988388 frs-core:PlantMachinery 2023-03-31 07988388 frs-core:ShareCapital 2024-03-31 07988388 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07988388 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07988388 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07988388 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07988388 frs-bus:SmallEntities 2023-04-01 2024-03-31 07988388 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07988388 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07988388 frs-bus:Director1 2023-04-01 2024-03-31 07988388 frs-bus:Director1 2023-03-31 07988388 frs-bus:Director1 2024-03-31 07988388 frs-bus:Director2 2023-04-01 2024-03-31 07988388 frs-bus:Director2 2023-03-31 07988388 frs-bus:Director2 2024-03-31 07988388 frs-countries:EnglandWales 2023-04-01 2024-03-31 07988388 2022-03-31 07988388 2023-03-31 07988388 2022-04-01 2023-03-31 07988388 frs-core:CurrentFinancialInstruments 2023-03-31 07988388 frs-core:Non-currentFinancialInstruments 2023-03-31 07988388 frs-core:ShareCapital 2022-03-31 07988388 frs-core:ShareCapital 2023-03-31 07988388 frs-core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 07988388 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-03-31 07988388 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07988388
Amber Homes Sales & Lettings Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Statement of Financial Position
Registered number: 07988388
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,452 190,413
12,452 190,413
CURRENT ASSETS
Debtors 5 90,779 98,378
Cash at bank and in hand 15,510 11,230
106,289 109,608
Creditors: Amounts Falling Due Within One Year 6 (46,613 ) (91,120 )
NET CURRENT ASSETS (LIABILITIES) 59,676 18,488
TOTAL ASSETS LESS CURRENT LIABILITIES 72,128 208,901
Creditors: Amounts Falling Due After More Than One Year 7 (30,324 ) (130,518 )
NET ASSETS 41,804 78,383
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 41,704 78,283
SHAREHOLDERS' FUNDS 41,804 78,383
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 Income Statement.
On behalf of the board
Daren Cope
Director
Susan Cope
Director
15/10/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Income Statement Total
£ £ £
As at 1 April 2022 100 53,840 53,940
Profit for the year and total comprehensive income - 38,512 38,512
Dividends paid - (14,069) (14,069)
As at 31 March 2023 and 1 April 2023 100 78,283 78,383
Loss for the year and total comprehensive income - (36,579 ) (36,579)
As at 31 March 2024 100 41,704 41,804
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Amber Homes Sales & Lettings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07988388 . The registered office is Canterbury House Stephensons Way, Chaddesden, Derby, England, DE21 6LY.
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.
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:
Freehold NA
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 7)
2 7
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 173,810 26,488 23,825 224,123
Disposals (173,810 ) - - (173,810 )
As at 31 March 2024 - 26,488 23,825 50,313
Depreciation
As at 1 April 2023 - 16,845 16,865 33,710
Provided during the period - 2,411 1,740 4,151
As at 31 March 2024 - 19,256 18,605 37,861
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 March 2024 - 7,232 5,220 12,452
As at 1 April 2023 173,810 9,643 6,960 190,413
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 2,176
Other debtors 90,779 96,202
90,779 98,378
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,160 1,355
Bank loans and overdrafts 28,167 9,933
Other creditors 13,416 48,527
Taxation and social security 3,870 31,305
46,613 91,120
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 30,324 47,218
Other creditors - 83,300
30,324 130,518
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Daren Cope 6,849 (5,000 ) 2,112 - 3,961
Susan Cope 6,849 (5,000 ) 2,112 - 3,961
The above loan is unsecured, interest free and repayable on demand.
Page 5