Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 21 April 2022 false 1 May 2023 30 April 2024 30 April 2024 14059775 Mrs Najada Shehu Mr Klodian Shehu Klodian and Najada Shehu true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14059775 2023-04-30 14059775 2024-04-30 14059775 2023-05-01 2024-04-30 14059775 frs-core:CurrentFinancialInstruments 2024-04-30 14059775 frs-core:Non-currentFinancialInstruments 2024-04-30 14059775 frs-core:ShareCapital 2024-04-30 14059775 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14059775 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14059775 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 14059775 frs-bus:SmallEntities 2023-05-01 2024-04-30 14059775 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14059775 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 14059775 1 2023-05-01 2024-04-30 14059775 frs-bus:Director1 2023-05-01 2024-04-30 14059775 frs-bus:Director2 2023-05-01 2024-04-30 14059775 frs-countries:EnglandWales 2023-05-01 2024-04-30 14059775 2022-04-20 14059775 2023-04-30 14059775 2022-04-21 2023-04-30 14059775 frs-core:CurrentFinancialInstruments 2023-04-30 14059775 frs-core:Non-currentFinancialInstruments 2023-04-30 14059775 frs-core:ShareCapital 2023-04-30 14059775 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 14059775
Eagle Crest Investment Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Calculated Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14059775
30 April 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 502,876 502,876
502,876 502,876
CURRENT ASSETS
Debtors 5 63,819 63,819
Cash at bank and in hand 9,140 9,617
72,959 73,436
Creditors: Amounts Falling Due Within One Year 6 (1,188 ) (6,237 )
NET CURRENT ASSETS (LIABILITIES) 71,771 67,199
TOTAL ASSETS LESS CURRENT LIABILITIES 574,647 570,075
Creditors: Amounts Falling Due After More Than One Year 7 (605,530 ) (604,179 )
NET LIABILITIES (30,883 ) (34,104 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (30,983 ) (34,204 )
SHAREHOLDERS' FUNDS (30,883) (34,104)
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Page 2
For the year ending 30 April 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
Mrs Najada Shehu
Director
24/10/2024
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
Eagle Crest Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14059775 . The registered office is 296 Sutton Common Road, Sutton, SM3 9PW.
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
30 April 2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 502,876
5. Debtors
30 April 2024 30 April 2023
£ £
Due within one year
Prepayments and accrued income 63,819 63,819
63,819 63,819
6. Creditors: Amounts Falling Due Within One Year
30 April 2024 30 April 2023
£ £
Other creditors - 2,712
Accruals and deferred income 1,188 3,525
1,188 6,237
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7. Creditors: Amounts Falling Due After More Than One Year
30 April 2024 30 April 2023
£ £
Bank loans 358,245 358,245
Directors loan account 247,285 245,934
605,530 604,179
8. Share Capital
30 April 2024 30 April 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Included within Creditors is the loan balance of £247,285 (2023: £245,934) from the Directors at the end of the year. The loan is unsecured, interest free and there are no fixed terms of repayment.
10. Ultimate Controlling Party
The company's ultimate controlling party is Klodian and Najada Shehu by virtue of their ownership of 100% of the issued share capital in the company.
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