Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 NI611769 Mr James Patterson Mrs Florence Patterson James Patterson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI611769 2023-02-28 NI611769 2024-02-28 NI611769 2023-03-01 2024-02-28 NI611769 frs-core:CurrentFinancialInstruments 2024-02-28 NI611769 frs-core:MotorVehicles 2023-03-01 2024-02-28 NI611769 frs-core:PlantMachinery 2023-03-01 2024-02-28 NI611769 frs-core:ShareCapital 2024-02-28 NI611769 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 NI611769 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 NI611769 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 NI611769 frs-bus:SmallEntities 2023-03-01 2024-02-28 NI611769 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 NI611769 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 NI611769 1 2023-03-01 2024-02-28 NI611769 frs-bus:Director1 2023-03-01 2024-02-28 NI611769 frs-bus:Director2 2023-03-01 2024-02-28 NI611769 frs-countries:NorthernIreland 2023-03-01 2024-02-28 NI611769 2022-02-28 NI611769 2023-02-28 NI611769 2022-03-01 2023-02-28 NI611769 frs-core:CurrentFinancialInstruments 2023-02-28 NI611769 frs-core:ShareCapital 2023-02-28 NI611769 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: NI611769
Cultra Developments Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
RWCA LTD
158 Upper Newtownards Road
Belfast
Co Antrim
BT4 3EQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: NI611769
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 34 -
Cash at bank and in hand 3,048 3,082
3,082 3,082
Creditors: Amounts Falling Due Within One Year 5 (1,458 ) (1,458 )
NET CURRENT ASSETS (LIABILITIES) 1,624 1,624
TOTAL ASSETS LESS CURRENT LIABILITIES 1,624 1,624
NET ASSETS 1,624 1,624
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 1,622 1,622
SHAREHOLDERS' FUNDS 1,624 1,624
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
Mr James Patterson
Director
20/11/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Cultra Developments Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI611769 . The registered office is 25b Seafront Road, Holywood, Down, BT18 0BB.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.3. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when related to items that are recognised in other comprehensive income or directly in equity, in which case, the current 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:
2024 2023
Office and administration 2 2
2 2
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 34 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 458 458
VAT 1,000 1,000
1,458 1,458
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 2
Page 3
7. Ultimate Controlling Party
The company's ultimate controlling party is James Patterson by virtue of his ownership of the issued share capital in the parent company, Bodrum EGE (NI) Ltd.
8. Charges
Bank borrowings were secured by charges and a mortgage debenture over land and property previously held by the company. At 28 February 2024 there were no bank borrowings.
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