Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 28 February 2022 false 1 March 2023 28 February 2024 28 February 2024 13943325 P Munro M T Munro M T Munro iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13943325 2023-02-28 13943325 2024-02-28 13943325 2023-03-01 2024-02-28 13943325 frs-core:CurrentFinancialInstruments 2024-02-28 13943325 frs-core:ShareCapital 2024-02-28 13943325 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 13943325 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13943325 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 13943325 frs-bus:SmallEntities 2023-03-01 2024-02-28 13943325 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 13943325 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 13943325 frs-bus:Director1 2023-03-01 2024-02-28 13943325 frs-bus:Director2 2023-03-01 2024-02-28 13943325 frs-bus:CompanySecretary1 2023-03-01 2024-02-28 13943325 frs-countries:EnglandWales 2023-03-01 2024-02-28 13943325 2022-02-27 13943325 2023-02-28 13943325 2022-02-28 2023-02-28 13943325 frs-core:CurrentFinancialInstruments 2023-02-28 13943325 frs-core:ShareCapital 2023-02-28 13943325 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13943325
Ellendene Limited
Financial Statements
For The Year Ended 28 February 2024
Clairwood Accounting LLP
19 Napier House
Elva Way
Bexhill-on-Sea
East Sussex
TN39 5BF
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13943325
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 219,023 -
219,023 -
CURRENT ASSETS
Cash at bank and in hand 11,907 100
11,907 100
Creditors: Amounts Falling Due Within One Year 5 (222,090 ) -
NET CURRENT ASSETS (LIABILITIES) (210,183 ) 100
TOTAL ASSETS LESS CURRENT LIABILITIES 8,840 100
NET ASSETS 8,840 100
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 8,740 -
SHAREHOLDERS' FUNDS 8,840 100
Page 1
Page 2
For the year ending 28 February 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
P Munro
Director
24 November 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
Ellendene Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13943325 . The registered office is Ellendene, Butchers Lane, Three Oaks, East Sussex, TN35 4NH.
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 discounts and value added taxes. Turnover includes revenue earned from the rental of commercial property.
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
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 years 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.
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 assets reflect 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 during the year was: NIL (2023: NIL)
- -
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4. Investment Property
2024
£
Fair Value
As at 1 March 2023 -
Additions 219,023
As at 28 February 2024 219,023
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 219,023 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 220,040 -
Taxation and social security 2,050 -
222,090 -
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4