Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09681032 Mrs Kim Carlisle Mr Robert Carlisle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09681032 2023-07-31 09681032 2024-07-31 09681032 2023-08-01 2024-07-31 09681032 frs-core:Non-currentFinancialInstruments 2024-07-31 09681032 frs-core:ShareCapital 2024-07-31 09681032 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09681032 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09681032 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 09681032 frs-bus:SmallEntities 2023-08-01 2024-07-31 09681032 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09681032 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09681032 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-08-01 2024-07-31 09681032 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31 09681032 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-31 09681032 frs-bus:Director1 2023-08-01 2024-07-31 09681032 frs-bus:Director2 2023-08-01 2024-07-31 09681032 frs-core:Non-currentFinancialInstruments 1 2024-07-31 09681032 frs-core:Non-currentFinancialInstruments 2 2024-07-31 09681032 frs-countries:EnglandWales 2023-08-01 2024-07-31 09681032 2022-07-31 09681032 2023-07-31 09681032 2022-08-01 2023-07-31 09681032 frs-core:Non-currentFinancialInstruments 2023-07-31 09681032 frs-core:ShareCapital 2023-07-31 09681032 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09681032 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31 09681032 frs-core:Non-currentFinancialInstruments 1 2023-07-31 09681032 frs-core:Non-currentFinancialInstruments 2 2023-07-31
Registered number: 09681032
Carlisle Properties Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Newtons Accountants Limited
Chartered Certified Accountants
470 Hucknall Road
Nottingham
Nottinghamshire
NG5 1FX
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 09681032
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 443,243 244,243
443,243 244,243
CURRENT ASSETS
Debtors 2,295 1,234
Cash at bank and in hand 87,921 186,817
90,216 188,051
Creditors: Amounts Falling Due Within One Year (3,817 ) (2,905 )
NET CURRENT ASSETS (LIABILITIES) 86,399 185,146
TOTAL ASSETS LESS CURRENT LIABILITIES 529,642 429,389
Creditors: Amounts Falling Due After More Than One Year 5 (482,394 ) (392,404 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,618 ) (3,813 )
NET ASSETS 39,630 33,172
CAPITAL AND RESERVES
Called up share capital 6 100 100
Fair value reserve 7 66,785 63,475
Profit and Loss Account (27,255 ) (30,403 )
SHAREHOLDERS' FUNDS 39,630 33,172
Page 1
Page 2
For the year ending 31 July 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Kim Carlisle
Director
08/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Carlisle Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09681032 . The registered office is 470 Hucknall Road, Nottingham, NG5 1FX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.


2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured 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.
2.4. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Investment Property
2024
£
Fair Value
As at 1 August 2023 244,243
Additions 191,885
Revaluations 7,115
As at 31 July 2024 443,243
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loan from shareholder 34,990 34,990
Loan from company under common control 300,000 300,000
Directors loan account 147,404 57,414
482,394 392,404
Creditors: amounts falling due after five years
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Other Creditors 300,000 300,000
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Reserves
Fair Value Reserve
£
As at 1 August 2023 63,475
Transfer to profit and loss 3,310
As at 31 July 2024 66,785
Page 4
Page 5
8. Related Party Transactions
During the year the directors introduced net monies of £89,990 to the company (2023: £Nil). At the year end the company owed the directors £147,404 (2023: £57,414).
The company has an interest free loan from, a company held under common control.  At the year end the Carlisle Properties Limited owed that company £300,000 (2023: £300,00).  The loan is included in creditors due after five years.
Finally, the company has an interest free loan from a shareholder.  At the year end the company owed the shareholder £34,990 (2023: £34,990).  The loan is included in creditors due in more than one year.
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