Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11983731 Mr H Smith Dr C Schneider-Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11983731 2023-03-31 11983731 2024-03-31 11983731 2023-04-01 2024-03-31 11983731 frs-core:CurrentFinancialInstruments 2024-03-31 11983731 frs-core:Non-currentFinancialInstruments 2024-03-31 11983731 frs-core:FurnitureFittings 2024-03-31 11983731 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11983731 frs-core:FurnitureFittings 2023-03-31 11983731 frs-core:ShareCapital 2024-03-31 11983731 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11983731 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11983731 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11983731 frs-bus:SmallEntities 2023-04-01 2024-03-31 11983731 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11983731 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11983731 frs-bus:Director1 2023-04-01 2024-03-31 11983731 frs-bus:Director2 2023-04-01 2024-03-31 11983731 frs-countries:EnglandWales 2023-04-01 2024-03-31 11983731 2022-03-31 11983731 2023-03-31 11983731 2022-04-01 2023-03-31 11983731 frs-core:CurrentFinancialInstruments 2023-03-31 11983731 frs-core:Non-currentFinancialInstruments 2023-03-31 11983731 frs-core:ShareCapital 2023-03-31 11983731 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11983731
Loxley Property Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11983731
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,545 4,414
Investment Properties 5 332,550 332,550
336,095 336,964
CURRENT ASSETS
Debtors 6 14,509 14,534
Cash at bank and in hand 5,916 1,193
20,425 15,727
Creditors: Amounts Falling Due Within One Year 7 (161,532 ) (160,682 )
NET CURRENT ASSETS (LIABILITIES) (141,107 ) (144,955 )
TOTAL ASSETS LESS CURRENT LIABILITIES 194,988 192,009
Creditors: Amounts Falling Due After More Than One Year 8 (238,553 ) (238,540 )
NET LIABILITIES (43,565 ) (46,531 )
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account (43,765 ) (46,731 )
SHAREHOLDERS' FUNDS (43,565) (46,531)
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 H Smith
Director
22/11/2024
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
Loxley Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11983731 . The registered office is 56 Albert Road, Ashford, Kent, TN24 8NU.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. 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:
Fixtures & Fittings 15% straight line
2.4. 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. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 5,790
As at 31 March 2024 5,790
Depreciation
As at 1 April 2023 1,376
Provided during the period 869
As at 31 March 2024 2,245
Net Book Value
As at 31 March 2024 3,545
As at 1 April 2023 4,414
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 332,550
Additions -
As at 31 March 2024 332,550
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 14,509 14,534
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 624 611
Directors' loan accounts 160,908 160,071
161,532 160,682
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 238,553 238,540
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 4