Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11327065 Mr Robert Sumner Mrs Claire Sumner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11327065 2023-03-31 11327065 2024-03-31 11327065 2023-04-01 2024-03-31 11327065 frs-core:CurrentFinancialInstruments 2024-03-31 11327065 frs-core:Non-currentFinancialInstruments 2024-03-31 11327065 frs-core:ShareCapital 2024-03-31 11327065 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11327065 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11327065 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11327065 frs-bus:SmallEntities 2023-04-01 2024-03-31 11327065 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11327065 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11327065 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 11327065 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 11327065 frs-bus:Director1 2023-04-01 2024-03-31 11327065 frs-bus:Director2 2023-04-01 2024-03-31 11327065 frs-countries:EnglandWales 2023-04-01 2024-03-31 11327065 2022-03-31 11327065 2023-03-31 11327065 2022-04-01 2023-03-31 11327065 frs-core:CurrentFinancialInstruments 2023-03-31 11327065 frs-core:Non-currentFinancialInstruments 2023-03-31 11327065 frs-core:ShareCapital 2023-03-31 11327065 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 11327065 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31
Registered number: 11327065
Curtis Sumner Property Limited
Financial Statements
For The Year Ended 31 March 2024
RITA HOLDINGS LIMITED
Chartered Tax Advisers
310 Lakes Innovation Centre
Lakes Road
Braintree
CM7 3AN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 11327065
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 268,101 268,101
268,101 268,101
CURRENT ASSETS
Cash at bank and in hand 3,260 2,375
3,260 2,375
Creditors: Amounts Falling Due Within One Year 5 (95,847 ) (93,086 )
NET CURRENT ASSETS (LIABILITIES) (92,587 ) (90,711 )
TOTAL ASSETS LESS CURRENT LIABILITIES 175,514 177,390
Creditors: Amounts Falling Due After More Than One Year 6 (176,038 ) (176,567 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,520 ) (1,520 )
NET LIABILITIES (2,044 ) (697 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair Value Reserve 8 6,480 6,480
Profit and Loss Account (8,624 ) (7,277 )
SHAREHOLDERS' FUNDS (2,044) (697)
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 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 Robert Sumner
Director
20th November 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Curtis Sumner Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11327065 . The registered office is 6 Clos Pandy, Bedwas, Caerphilly, Wales, CF83 8DN.
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 letting of investment 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 268,101
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,080 1,080
Directors' loan accounts 94,767 92,006
95,847 93,086
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgages 176,038 176,567
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Fair Value Reserve
£
As at 1 April 2023 6,480
As at 31 March 2024 6,480
Page 3