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 13848918 Mr Matthew Lane Mr Christopher Conrad iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13848918 2023-01-31 13848918 2024-01-31 13848918 2023-02-01 2024-01-31 13848918 frs-core:CurrentFinancialInstruments 2024-01-31 13848918 frs-core:Non-currentFinancialInstruments 2024-01-31 13848918 frs-core:ShareCapital 2024-01-31 13848918 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13848918 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13848918 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13848918 frs-bus:SmallEntities 2023-02-01 2024-01-31 13848918 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13848918 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13848918 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-02-01 2024-01-31 13848918 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-01-31 13848918 frs-bus:Director1 2023-02-01 2024-01-31 13848918 frs-bus:Director2 2023-02-01 2024-01-31 13848918 frs-countries:EnglandWales 2023-02-01 2024-01-31 13848918 2022-01-31 13848918 2023-01-31 13848918 2022-02-01 2023-01-31 13848918 frs-core:CurrentFinancialInstruments 2023-01-31 13848918 frs-core:Non-currentFinancialInstruments 2023-01-31 13848918 frs-core:ShareCapital 2023-01-31 13848918 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 13848918 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-01-31
Registered number: 13848918
Zuazo Lane Developments Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Hammond Ford & Co Limited
Unit 6 Church Road
Barrow
Bury St. Edmunds
IP29 5AX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13848918
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 170,000 161,290
170,000 161,290
CURRENT ASSETS
Debtors 5 1,959 1,495
Cash at bank and in hand 25,566 1,125
27,525 2,620
Creditors: Amounts Falling Due Within One Year 6 (94,864 ) (184,665 )
NET CURRENT ASSETS (LIABILITIES) (67,339 ) (182,045 )
TOTAL ASSETS LESS CURRENT LIABILITIES 102,661 (20,755 )
Creditors: Amounts Falling Due After More Than One Year 7 (127,450 ) -
NET LIABILITIES (24,789 ) (20,755 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 8,710 -
Profit and Loss Account (33,599 ) (20,855 )
SHAREHOLDERS' FUNDS (24,789) (20,755)
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 Matthew Lane
Director
Mr Christopher Conrad
Director
30th 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
Zuazo Lane Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13848918 . The registered office is Unit 6 Church Farm Church Road, Barrow, Bury St. Edmunds, IP29 5AX.
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: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 February 2023 161,290
Revaluations 8,710
As at 31 January 2024 170,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,460 990
Prepayments and accrued income 499 505
1,959 1,495
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 100
Bank loans and overdrafts - 92,250
Accruals and deferred income 1,312 755
Directors' loan accounts 93,552 91,560
94,864 184,665
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 127,450 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair Value Reserve
£
Transfer to profit and loss 8,710
As at 31 January 2024 8,710
Page 4