Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 4 February 2022 false 1 March 2023 29 February 2024 29 February 2024 13894129 Mr Joseph Feld iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13894129 2023-02-28 13894129 2024-02-29 13894129 2023-03-01 2024-02-29 13894129 frs-core:CurrentFinancialInstruments 2024-02-29 13894129 frs-core:Non-currentFinancialInstruments 2024-02-29 13894129 frs-core:ShareCapital 2024-02-29 13894129 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13894129 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13894129 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13894129 frs-bus:SmallEntities 2023-03-01 2024-02-29 13894129 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13894129 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13894129 frs-bus:Director1 2023-03-01 2024-02-29 13894129 frs-countries:EnglandWales 2023-03-01 2024-02-29 13894129 2022-02-03 13894129 2023-02-28 13894129 2022-02-04 2023-02-28 13894129 frs-core:CurrentFinancialInstruments 2023-02-28 13894129 frs-core:Non-currentFinancialInstruments 2023-02-28 13894129 frs-core:ShareCapital 2023-02-28 13894129 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13894129
Canvey Mg Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 13894129
29 February 2024 28 February 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 671,241 644,708
671,241 644,708
CURRENT ASSETS
Cash at bank and in hand 69 1,038
69 1,038
Creditors: Amounts Falling Due Within One Year 5 (375,323 ) (329,444 )
NET CURRENT ASSETS (LIABILITIES) (375,254 ) (328,406 )
TOTAL ASSETS LESS CURRENT LIABILITIES 295,987 316,302
Creditors: Amounts Falling Due After More Than One Year 6 (349,529 ) (349,511 )
NET LIABILITIES (53,542 ) (33,209 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (53,543 ) (33,210 )
SHAREHOLDERS' FUNDS (53,542) (33,209)
Page 1
Page 2
For the year ending 29 February 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 Joseph Feld
Director
13/10/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Canvey Mg Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13894129 . The registered office is 125 Castlewood Road, London, N15 6BD.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
29 February 2024
£
Fair Value
As at 1 March 2023 644,708
Additions 26,533
As at 29 February 2024 671,241
5. Creditors: Amounts Falling Due Within One Year
29 February 2024 28 February 2023
£ £
Other creditors 375,323 329,444
6. Creditors: Amounts Falling Due After More Than One Year
29 February 2024 28 February 2023
£ £
Bank loans 349,529 349,511
7. Share Capital
29 February 2024 28 February 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3