Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04709266 Dr Robin Hart The Greenways Partnership Limited Dr Robin Hart true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04709266 2023-09-30 04709266 2024-09-30 04709266 2023-10-01 2024-09-30 04709266 frs-core:CurrentFinancialInstruments 2024-09-30 04709266 frs-core:Non-currentFinancialInstruments 2024-09-30 04709266 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 04709266 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 04709266 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 04709266 frs-core:ShareCapital 2024-09-30 04709266 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04709266 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04709266 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04709266 frs-bus:SmallEntities 2023-10-01 2024-09-30 04709266 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04709266 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04709266 1 2023-10-01 2024-09-30 04709266 frs-core:ListedExchangeTraded 2024-09-30 04709266 frs-core:ListedExchangeTraded 2023-09-30 04709266 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-09-30 04709266 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-09-30 04709266 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-09-30 04709266 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-09-30 04709266 frs-bus:Director1 2023-10-01 2024-09-30 04709266 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04709266 frs-core:CurrentFinancialInstruments 1 2024-09-30 04709266 frs-countries:EnglandWales 2023-10-01 2024-09-30 04709266 2022-09-30 04709266 2023-09-30 04709266 2022-10-01 2023-09-30 04709266 frs-core:CurrentFinancialInstruments 2023-09-30 04709266 frs-core:Non-currentFinancialInstruments 2023-09-30 04709266 frs-core:ShareCapital 2023-09-30 04709266 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 04709266 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 04709266
De Carvalho Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
The Greenways Partnership
23 Tomline Road
Felixstowe
Suffolk
IP11 7QW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04709266
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 990,000 990,000
Investments 5 692,610 692,610
1,682,610 1,682,610
CURRENT ASSETS
Debtors 6 21,500 21,500
Cash at bank and in hand 217,240 140,879
238,740 162,379
Creditors: Amounts Falling Due Within One Year 7 (725,679 ) (706,898 )
NET CURRENT ASSETS (LIABILITIES) (486,939 ) (544,519 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,195,671 1,138,091
Creditors: Amounts Falling Due After More Than One Year 8 (548,760 ) (548,760 )
NET ASSETS 646,911 589,331
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 646,910 589,330
SHAREHOLDERS' FUNDS 646,911 589,331
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For the year ending 30 September 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
Dr Robin Hart
Director
01/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
De Carvalho Limited Registered number 04709266 is a limited by shares company incorporated in England & Wales. The Registered Office is Flat 5, 1 Rutland Gate, London, SW7 1BL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Nil
2.4. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 October 2023 990,000
As at 30 September 2024 990,000
Net Book Value
As at 30 September 2024 990,000
As at 1 October 2023 990,000
5. Investments
Listed
£
Cost
As at 1 October 2023 692,610
As at 30 September 2024 692,610
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 692,610
As at 1 October 2023 692,610
Investments are shown at cost. The market value of the investment portfolio as at 30th September 2024 was £859,764 (2023: £707,884).
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,500 1,500
Due after more than one year
Other debtors 20,000 20,000
21,500 21,500
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,500 2,501
Bank loans and overdrafts 10,509 14,447
Corporation tax 15,658 12,938
Other creditors 520,000 500,000
Other creditors (1) 7,250 7,250
Director's loan account 169,762 169,762
725,679 706,898
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 548,760 548,760
On 16th December 2022 the company remortgaged the Hudson House rental propertry. An interest only loan of £548,760 was taken out with Keystone Property Finance Limited, secured against the property. The loan was taken out on normal commercial terms.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Ultimate Controlling Party
The company's ultimate controlling party is Dr Robin Hart by virtue of his ownership of 100% of the issued share capital in the company.
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