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 10921234 Mr Anthony Mason iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10921234 2023-03-31 10921234 2024-03-31 10921234 2023-04-01 2024-03-31 10921234 frs-core:CurrentFinancialInstruments 2024-03-31 10921234 frs-core:Non-currentFinancialInstruments 2024-03-31 10921234 frs-core:CapitalRedemptionReserve 2024-03-31 10921234 frs-core:ShareCapital 2024-03-31 10921234 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10921234 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10921234 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10921234 frs-bus:SmallEntities 2023-04-01 2024-03-31 10921234 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10921234 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10921234 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 10921234 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 10921234 frs-core:UnlistedNon-exchangeTraded 2024-03-31 10921234 frs-core:UnlistedNon-exchangeTraded 2023-03-31 10921234 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 10921234 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 10921234 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 10921234 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 10921234 frs-bus:Director1 2023-04-01 2024-03-31 10921234 frs-countries:EnglandWales 2023-04-01 2024-03-31 10921234 2022-03-31 10921234 2023-03-31 10921234 2022-04-01 2023-03-31 10921234 frs-core:CurrentFinancialInstruments 2023-03-31 10921234 frs-core:Non-currentFinancialInstruments 2023-03-31 10921234 frs-core:CapitalRedemptionReserve 2023-03-31 10921234 frs-core:ShareCapital 2023-03-31 10921234 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 10921234 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31
Registered number: 10921234
ALM Holdings (Telford) Ltd
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10921234
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 449,884 449,884
Investments 5 98 98
449,982 449,982
CURRENT ASSETS
Debtors 6 6,000 1,800
Cash at bank and in hand 49,403 42,062
55,403 43,862
Creditors: Amounts Falling Due Within One Year 7 (24,943 ) (19,346 )
NET CURRENT ASSETS (LIABILITIES) 30,460 24,516
TOTAL ASSETS LESS CURRENT LIABILITIES 480,442 474,498
Creditors: Amounts Falling Due After More Than One Year 8 (182,014 ) (186,685 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (61,221 ) (61,221 )
NET ASSETS 237,207 226,592
CAPITAL AND RESERVES
Called up share capital 10 100 100
Capital redemption reserve 50 50
Fair value reserve 11 179,419 179,419
Profit and Loss Account 57,638 47,023
SHAREHOLDERS' FUNDS 237,207 226,592
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 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 Anthony Mason
Director
15 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ALM Holdings (Telford) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10921234 . The registered office is Suite 1, Sigma House, Hadley Park East, Telford, Shropshire, TF1 6QJ.
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 value added taxes. Turnover represents income derived from rental activities.


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. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

2.5. Taxation
Income 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 449,884
5. Investments
Unlisted
£
Cost
As at 1 April 2023 98
As at 31 March 2024 98
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 98
As at 1 April 2023 98
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,000 1,800
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 183 76
Bank loans and overdrafts 10,000 10,000
Corporation tax 3,538 1,452
VAT 1,454 862
Accruals and deferred income 563 540
Amounts owed to subsidiaries 9,205 6,416
24,943 19,346
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 40,000 40,000
Bank Loans Over 5 Years 142,014 146,685
182,014 186,685
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 192,014 196,685
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair Value Reserve
£
As at 1 April 2023 179,419
As at 31 March 2024 179,419
Page 5