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 SC337142 Mr Michael Chicken Mr Geoffrey Hunton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC337142 2023-04-05 SC337142 2024-04-05 SC337142 2023-04-06 2024-04-05 SC337142 frs-core:CurrentFinancialInstruments 2024-04-05 SC337142 frs-core:ShareCapital 2024-04-05 SC337142 frs-core:RetainedEarningsAccumulatedLosses 2024-04-05 SC337142 frs-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 SC337142 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 SC337142 frs-bus:SmallEntities 2023-04-06 2024-04-05 SC337142 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 SC337142 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 SC337142 frs-bus:OrdinaryShareClass1 2023-04-06 2024-04-05 SC337142 frs-bus:OrdinaryShareClass1 2024-04-05 SC337142 frs-core:CostValuation 2023-04-05 SC337142 frs-core:AdditionsToInvestments 2024-04-05 SC337142 frs-core:CostValuation 2024-04-05 SC337142 frs-core:ProvisionsForImpairmentInvestments 2023-04-05 SC337142 frs-core:ProvisionsForImpairmentInvestments 2024-04-05 SC337142 frs-bus:Director1 2023-04-06 2024-04-05 SC337142 frs-bus:Director2 2023-04-06 2024-04-05 SC337142 frs-countries:Scotland 2023-04-06 2024-04-05 SC337142 2022-04-05 SC337142 2023-04-05 SC337142 2022-04-06 2023-04-05 SC337142 frs-core:CurrentFinancialInstruments 2023-04-05 SC337142 frs-core:ShareCapital 2023-04-05 SC337142 frs-core:RetainedEarningsAccumulatedLosses 2023-04-05 SC337142 frs-bus:OrdinaryShareClass1 2022-04-06 2023-04-05
Registered number: SC337142
Merchant Anglo (Amazon Park) Property Holdings Limited
Unaudited Financial Statements
For The Year Ended 5 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC337142
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 100 -
100 -
CURRENT ASSETS
Stocks 5 1,006,785 922,033
Debtors 6 150,079 165,143
Cash at bank and in hand 283,448 312,049
1,440,312 1,399,225
Creditors: Amounts Falling Due Within One Year 7 (1,104,162 ) (1,130,479 )
NET CURRENT ASSETS (LIABILITIES) 336,150 268,746
TOTAL ASSETS LESS CURRENT LIABILITIES 336,250 268,746
NET ASSETS 336,250 268,746
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 336,150 268,646
SHAREHOLDERS' FUNDS 336,250 268,746
Page 1
Page 2
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 Michael Chicken
Director
14/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Merchant Anglo (Amazon Park) Property Holdings Limited is a private company, limited by shares, incorporated in Scotland, registered number SC337142 . The registered office is C/O Hbj Gateley Exchange Tower, 19 Canning Street, Edinburgh , EH3 8EH.
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 represents development fees on construction of property, net of Value Added Tax.
2.3. Stocks and Work in Progress
Stock represents land and property aquired for development, together with work in progress on those properties. These assets are included at the lower of costs and net realisable value. Costs for this purpose comprises the purchase cost of the land and buildings and development expenditure.

Profit on the sale of developed property is taken on receipt of sales proceeds at legal completion. Costs attributable to each sale comprise an appropriate proportion of the total costs of development.


2.4. Preparation of Consolidated Financial Statements
The financial statements contain information about Merchant Anglo (Amazon Park) Property Holdings Limited as an individual company and do not contain consolidated financial information as a parent of the group. The Company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Subsidiaries
£
Cost
As at 6 April 2023 -
Additions 100
As at 5 April 2024 100
Provision
As at 6 April 2023 -
As at 5 April 2024 -
Net Book Value
As at 5 April 2024 100
As at 6 April 2023 -
Merchant Park Developments Limited is a 100% owned subsidiary of Merchant Anglo (Amazon Park) Property Holdings Limited.  Merchant Park Development was dormant at the year end.
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5. Stocks
2024 2023
£ £
Work in progress 1,006,785 922,033
Stock includes development land which has a higher market value than its accounts stock value.


6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 42,193 16,200
Other debtors 107,786 148,843
Called up share capital not paid 100 100
150,079 165,143
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 26,034 35,704
Corporation tax 244 -
Accruals and deferred income 87,922 113,027
Amounts owed to subsidiaries 100 -
Amounts owed to related parties 989,862 981,748
1,104,162 1,130,479
8. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
10,000 Ordinary Shares of £ 0.01 each 100 100
9. Related Party Transactions
Merchant Place Property Partnership
Included in amounts owed to related parties ( note 7) at the 5 April 2024 is an amount of £989,862 (2023- £981,748) owed to Merchant Place Property Partnership 65, an entity with 33.75% interest in the company on which no interest is payable. 
Merchant Place property partnership received project management fees of £74,720 during the year (2023- 51,000 )
Cliffe Property Investments Limited
Michael Chicken is a Director and 100% shareholder of Cliffe Property Investments Limited, which received £73,578 (2023 - £47,000) for project management fees during the year and £6,000 (2023 - £6,000 ) for accountancy services.
Acrehall Service Limited
Geoffrey Hunton is a Director and 100% shareholder of Acrehall services Limited which received £52,614 (2023 - £24,000) of project management fees during the year.
Page 4