Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09470471 Mrs Maryam Parveen Mr Nazibur Rahman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09470471 2023-01-31 09470471 2024-01-31 09470471 2023-02-01 2024-01-31 09470471 frs-core:CurrentFinancialInstruments 2024-01-31 09470471 frs-core:Non-currentFinancialInstruments 2024-01-31 09470471 frs-core:OtherReservesSubtotal 2024-01-31 09470471 frs-core:SharePremium 2024-01-31 09470471 frs-core:ShareCapital 2024-01-31 09470471 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09470471 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09470471 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09470471 frs-bus:SmallEntities 2023-02-01 2024-01-31 09470471 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09470471 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09470471 1 2023-02-01 2024-01-31 09470471 frs-bus:Director1 2023-02-01 2024-01-31 09470471 frs-bus:Director2 2023-02-01 2024-01-31 09470471 frs-core:CurrentFinancialInstruments 1 2024-01-31 09470471 frs-core:Non-currentFinancialInstruments 1 2024-01-31 09470471 frs-countries:EnglandWales 2023-02-01 2024-01-31 09470471 2022-01-31 09470471 2023-01-31 09470471 2022-02-01 2023-01-31 09470471 frs-core:CurrentFinancialInstruments 2023-01-31 09470471 frs-core:Non-currentFinancialInstruments 2023-01-31 09470471 frs-core:OtherReservesSubtotal 2023-01-31 09470471 frs-core:SharePremium 2023-01-31 09470471 frs-core:ShareCapital 2023-01-31 09470471 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09470471 frs-core:CurrentFinancialInstruments 1 2023-01-31 09470471 frs-core:Non-currentFinancialInstruments 1 2023-01-31
Registered number: 09470471
Bell Green Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09470471
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 30,960,545 30,295,826
30,960,545 30,295,826
CURRENT ASSETS
Debtors 5 382,678 307,713
Cash at bank and in hand 167,857 316,056
550,535 623,769
Creditors: Amounts Falling Due Within One Year 6 (375,425 ) (345,020 )
NET CURRENT ASSETS (LIABILITIES) 175,110 278,749
TOTAL ASSETS LESS CURRENT LIABILITIES 31,135,655 30,574,575
Creditors: Amounts Falling Due After More Than One Year 7 (16,983,278 ) (16,784,313 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,687 ) (24,687 )
NET ASSETS 14,127,690 13,765,575
CAPITAL AND RESERVES
Called up share capital 8 31,016 31,016
Share premium account 12,335,478 12,335,478
Other reserves 39,449 39,449
Profit and Loss Account 1,721,747 1,359,632
SHAREHOLDERS' FUNDS 14,127,690 13,765,575
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 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 Nazibur Rahman
Director
23/10/2024
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
Bell Green Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09470471 . The registered office is 113 Romford Road, London, E15 4LY.
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. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.3. 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 year 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 asset reflects 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: 4 (2023: 5)
4 5
4. Investment Property
2024
£
Fair Value
As at 1 February 2023 30,295,826
Additions 664,719
As at 31 January 2024 30,960,545
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 172,678 117,713
Other debtors 190,000 190,000
Other debtors (1) 20,000 -
382,678 307,713
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 149,336 144,349
Accruals and deferred income 226,089 200,671
375,425 345,020
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 16,131,202 15,737,970
Other creditors (1) 43,841 65,277
Directors loan account 808,235 981,066
16,983,278 16,784,313
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 31,016 31,016
9. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of their ownership of 100% of the issued share capital in the company.
Page 4