Acorah Software Products - Accounts Production 16.0.110 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 08274998 Mr ATTILA STUM iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08274998 2022-10-31 08274998 2023-10-31 08274998 2022-11-01 2023-10-31 08274998 frs-core:CurrentFinancialInstruments 2023-10-31 08274998 frs-core:ShareCapital 2023-10-31 08274998 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08274998 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08274998 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08274998 frs-bus:SmallEntities 2022-11-01 2023-10-31 08274998 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08274998 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08274998 frs-core:CostValuation 2022-10-31 08274998 frs-core:CostValuation 2023-10-31 08274998 frs-core:ProvisionsForImpairmentInvestments 2022-10-31 08274998 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 08274998 frs-bus:Director1 2022-11-01 2023-10-31 08274998 frs-countries:EnglandWales 2022-11-01 2023-10-31 08274998 2021-10-31 08274998 2022-10-31 08274998 2021-11-01 2022-10-31 08274998 frs-core:CurrentFinancialInstruments 2022-10-31 08274998 frs-core:ShareCapital 2022-10-31 08274998 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 08274998
HALFTRADE LTD
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08274998
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 569,142 569,142
Investments 5 220,033 220,033
789,175 789,175
CURRENT ASSETS
Cash at bank and in hand 814,551 1,163,151
814,551 1,163,151
Creditors: Amounts Falling Due Within One Year 6 (6,910 ) (400,642 )
NET CURRENT ASSETS (LIABILITIES) 807,641 762,509
TOTAL ASSETS LESS CURRENT LIABILITIES 1,596,816 1,551,684
NET ASSETS 1,596,816 1,551,684
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 1,595,816 1,550,684
SHAREHOLDERS' FUNDS 1,596,816 1,551,684
Page 1
Page 2
For the year ending 31 October 2023 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 ATTILA STUM
Director
21/10/2024
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
HALFTRADE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08274998 . The registered office is 1a Falmer Court, London Road, Uckfield, TN22 1HN.
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
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.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 1 November 2022 and 31 October 2023 569,142
5. Investments
Subsidiaries
£
Cost
As at 1 November 2022 220,033
As at 31 October 2023 220,033
Provision
As at 1 November 2022 -
As at 31 October 2023 -
Net Book Value
As at 31 October 2023 220,033
As at 1 November 2022 220,033
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 142,069
Other creditors 6,909 258,573
6,910 400,642
Page 3
Page 4
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4