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 09378468 Mr Sean Cowden Mr David Lucas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09378468 2023-01-31 09378468 2024-01-31 09378468 2023-02-01 2024-01-31 09378468 frs-core:CurrentFinancialInstruments 2024-01-31 09378468 frs-core:Non-currentFinancialInstruments 2024-01-31 09378468 frs-core:RevaluationReserve 2023-01-31 09378468 frs-core:RevaluationReserve 2024-01-31 09378468 frs-core:ShareCapital 2024-01-31 09378468 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09378468 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09378468 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09378468 frs-bus:SmallEntities 2023-02-01 2024-01-31 09378468 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09378468 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09378468 frs-bus:Director1 2023-02-01 2024-01-31 09378468 frs-bus:Director2 2023-02-01 2024-01-31 09378468 frs-core:CurrentFinancialInstruments 3 2024-01-31 09378468 frs-countries:EnglandWales 2023-02-01 2024-01-31 09378468 2022-01-31 09378468 2023-01-31 09378468 2022-02-01 2023-01-31 09378468 frs-core:CurrentFinancialInstruments 2023-01-31 09378468 frs-core:Non-currentFinancialInstruments 2023-01-31 09378468 frs-core:RevaluationReserve 2023-01-31 09378468 frs-core:ShareCapital 2023-01-31 09378468 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09378468 frs-core:CurrentFinancialInstruments 1 2023-01-31 09378468 frs-core:CurrentFinancialInstruments 2 2023-01-31 09378468 frs-core:CurrentFinancialInstruments 3 2023-01-31
Registered number: 09378468
Sundridge Park Investments Limited
Financial Statements
For The Year Ended 31 January 2024
MAS Accountancy Limited
39 High Street
Orpington
BR6 0JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09378468
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 900,617 900,617
900,617 900,617
CURRENT ASSETS
Debtors 5 15,572 102,216
Cash at bank and in hand 13,221 10,918
28,793 113,134
Creditors: Amounts Falling Due Within One Year 6 (248,434 ) (344,335 )
NET CURRENT ASSETS (LIABILITIES) (219,641 ) (231,201 )
TOTAL ASSETS LESS CURRENT LIABILITIES 680,976 669,416
Creditors: Amounts Falling Due After More Than One Year 7 (555,580 ) (555,580 )
NET ASSETS 125,396 113,836
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 10 140,005 140,005
Profit and Loss Account (14,709 ) (26,269 )
SHAREHOLDERS' FUNDS 125,396 113,836
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 David Lucas
Director
30 October 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
Sundridge Park Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09378468 . The registered office is 39 High Street, Orpington, Kent, DA12 1NE.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 February 2023 and 31 January 2024 900,617
5. Debtors
2024 2023
£ £
Due within one year
Finer Vision Limited - Associated Companies - 92,692
Sundridge Park Properties Limited - Associated Companies - 2,500
Directors' loan accounts 15,572 7,024
15,572 102,216
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 72 72
Other creditors 244,393 340,294
Rent deposits 3,045 3,045
Accruals and deferred income 924 924
248,434 344,335
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 555,580 555,580
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
10. Reserves
Revaluation Reserve
£
As at 1 February 2023 140,005
As at 31 January 2024 140,005
Page 4