Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 September 2022 false 1 April 2023 31 March 2024 31 March 2024 14330271 Mr Gavin Holder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14330271 2023-03-31 14330271 2024-03-31 14330271 2023-04-01 2024-03-31 14330271 frs-core:CurrentFinancialInstruments 2024-03-31 14330271 frs-core:Non-currentFinancialInstruments 2024-03-31 14330271 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 14330271 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 14330271 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 14330271 frs-core:ShareCapital 2024-03-31 14330271 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14330271 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14330271 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 14330271 frs-bus:SmallEntities 2023-04-01 2024-03-31 14330271 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14330271 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14330271 frs-bus:Director1 2023-04-01 2024-03-31 14330271 frs-countries:EnglandWales 2023-04-01 2024-03-31 14330271 2022-08-31 14330271 2023-03-31 14330271 2022-09-01 2023-03-31 14330271 frs-core:CurrentFinancialInstruments 2023-03-31 14330271 frs-core:Non-currentFinancialInstruments 2023-03-31 14330271 frs-core:ShareCapital 2023-03-31 14330271 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 14330271
Ghi Property Holdings Limited
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: 14330271
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 807,560 361,960
807,560 361,960
CURRENT ASSETS
Debtors 5 440 -
Cash at bank and in hand 284 560
724 560
Creditors: Amounts Falling Due Within One Year 6 (159,534 ) (366,108 )
NET CURRENT ASSETS (LIABILITIES) (158,810 ) (365,548 )
TOTAL ASSETS LESS CURRENT LIABILITIES 648,750 (3,588 )
Creditors: Amounts Falling Due After More Than One Year 7 (650,625 ) -
NET LIABILITIES (1,875 ) (3,588 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,975 ) (3,688 )
SHAREHOLDERS' FUNDS (1,875) (3,588)
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 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 Gavin Holder
Director
09/09/2024
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
Ghi Property Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14330271 . The registered office is 172-174 Albert Road, Hebburn, NE32 5JA.
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:
Freehold No Depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 361,960
Additions 445,600
As at 31 March 2024 807,560
Net Book Value
As at 31 March 2024 807,560
As at 1 April 2023 361,960
5. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 440 -
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Trade creditors (30,099 ) 2,237
Accruals and deferred income 360 360
Director's loan account 189,273 363,511
159,534 366,108
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 March 2023
£ £
GHI Computers inter company loan 395,000 -
Iconitech inter company loan 250,000 -
Bonds Held 5,625 -
650,625 -
8. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4