Acorah Software Products - Accounts Production 16.0.110 false true 5 April 2023 6 April 2022 false 6 April 2023 5 April 2024 5 April 2024 04166161 Mr Mark Flower Mrs Clare Montague Mrs Clare Montague iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04166161 2023-04-05 04166161 2024-04-05 04166161 2023-04-06 2024-04-05 04166161 frs-core:CurrentFinancialInstruments 2024-04-05 04166161 frs-core:ShareCapital 2024-04-05 04166161 frs-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 04166161 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 04166161 frs-bus:SmallEntities 2023-04-06 2024-04-05 04166161 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 04166161 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 04166161 frs-bus:Director1 2023-04-06 2024-04-05 04166161 frs-bus:Director2 2023-04-06 2024-04-05 04166161 frs-bus:CompanySecretary1 2023-04-06 2024-04-05 04166161 frs-core:CurrentFinancialInstruments 1 2024-04-05 04166161 frs-countries:EnglandWales 2023-04-06 2024-04-05 04166161 2022-04-05 04166161 2023-04-05 04166161 2022-04-06 2023-04-05 04166161 frs-core:CurrentFinancialInstruments 2023-04-05 04166161 frs-core:ShareCapital 2023-04-05 04166161 frs-core:CurrentFinancialInstruments 1 2023-04-05
Registered number: 04166161
Sytecourt Limited
Unaudited Financial Statements
For The Year Ended 5 April 2024
Poolemead Accountants (Winchester) Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 04166161
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 290,000 250,000
290,000 250,000
CURRENT ASSETS
Cash at bank and in hand 45,196 32,799
45,196 32,799
Creditors: Amounts Falling Due Within One Year 5 (335,193 ) (282,796 )
NET CURRENT ASSETS (LIABILITIES) (289,997 ) (249,997 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3 3
NET ASSETS 3 3
CAPITAL AND RESERVES
Called up share capital 6 3 3
SHAREHOLDERS' FUNDS 3 3
For the year ending 5 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
Mr Mark Flower
Director
20/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sytecourt Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04166161 . The registered office is Tremain House 8 Maple Drive, Kings Worthy, Winchester, Hampshire, SO23 7NG.
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. 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: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 6 April 2023 250,000
Revaluations 40,000
As at 5 April 2024 290,000
The investment property, which comprises a retail unit with a flat over, was revalued by Churchods, Chartered Surveyors on the 23 March 2023. The property was originally acquired for £250,000 and held as an investent property since acquisition.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors (1) 333,893 281,496
Accruals and deferred income 1,300 1,300
335,193 282,796
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 2