Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05944023 Mrs Juliet Wilkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05944023 2023-03-31 05944023 2024-03-31 05944023 2023-04-01 2024-03-31 05944023 frs-core:CurrentFinancialInstruments 2024-03-31 05944023 frs-core:Non-currentFinancialInstruments 2024-03-31 05944023 frs-core:FurnitureFittings 2024-03-31 05944023 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05944023 frs-core:FurnitureFittings 2023-03-31 05944023 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 05944023 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05944023 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 05944023 frs-core:PlantMachinery 2024-03-31 05944023 frs-core:PlantMachinery 2023-04-01 2024-03-31 05944023 frs-core:PlantMachinery 2023-03-31 05944023 frs-core:ShareCapital 2024-03-31 05944023 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05944023 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05944023 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05944023 frs-bus:SmallEntities 2023-04-01 2024-03-31 05944023 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05944023 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05944023 frs-bus:Director1 2023-04-01 2024-03-31 05944023 frs-countries:EnglandWales 2023-04-01 2024-03-31 05944023 2022-03-31 05944023 2023-03-31 05944023 2022-04-01 2023-03-31 05944023 frs-core:CurrentFinancialInstruments 2023-03-31 05944023 frs-core:Non-currentFinancialInstruments 2023-03-31 05944023 frs-core:ShareCapital 2023-03-31 05944023 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05944023
Accord Developments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05944023
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 640,223 643,556
640,223 643,556
CURRENT ASSETS
Cash at bank and in hand 53,717 7,502
53,717 7,502
Creditors: Amounts Falling Due Within One Year 4 (225,033 ) (177,211 )
NET CURRENT ASSETS (LIABILITIES) (171,316 ) (169,709 )
TOTAL ASSETS LESS CURRENT LIABILITIES 468,907 473,847
Creditors: Amounts Falling Due After More Than One Year 5 (267,812 ) (268,321 )
NET ASSETS 201,095 205,526
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 201,093 205,524
SHAREHOLDERS' FUNDS 201,095 205,526
Page 1
Page 2
For the year ending 31 March 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 her 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 Juliet Wilkinson
Director
23/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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 0.5% straight line on revalued amount
Plant & Machinery 25% straight line
Fixtures & Fittings 25% straight line
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 666,777 1,031 1,085 668,893
As at 31 March 2024 666,777 1,031 1,085 668,893
Depreciation
As at 1 April 2023 23,221 1,031 1,085 25,337
Provided during the period 3,333 - - 3,333
As at 31 March 2024 26,554 1,031 1,085 28,670
Net Book Value
As at 31 March 2024 640,223 - - 640,223
As at 1 April 2023 643,556 - - 643,556
Page 3
Page 4
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 575 574
Director's loan account 224,458 176,637
225,033 177,211
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 267,812 268,321
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4