1 March 2023 false No description of principal activity Taxfiler 2024.6 13892829business:PrivateLimitedCompanyLtd2023-03-012024-02-29 138928292023-02-28 138928292023-03-012024-02-29 13892829business:AuditExemptWithAccountantsReport2023-03-012024-02-29 13892829business:FilletedAccounts2023-03-012024-02-29 138928292024-02-29 13892829business:Director12023-03-012024-02-29 13892829business:RegisteredOffice2023-03-012024-02-29 138928292023-02-28 13892829core:WithinOneYear2024-02-29 13892829core:WithinOneYear2023-02-28 13892829core:AfterOneYear2024-02-29 13892829core:AfterOneYear2023-02-28 13892829core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 13892829core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13892829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 13892829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13892829core:PreviouslyStatedAmount2024-02-29 13892829core:PreviouslyStatedAmount2023-02-28 13892829business:SmallEntities2023-03-012024-02-29 13892829countries:EnglandWales2023-03-012024-02-29 13892829core:LandBuildings2023-02-28 13892829core:LandBuildings2023-03-012024-02-29 13892829core:LandBuildings2024-02-29 138928292022-02-032023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13892829 (England and Wales)
ACR PROPERTY HOLDINGS SW LTD Unaudited accounts for the year ended 29 February 2024
ACR PROPERTY HOLDINGS SW LTD Unaudited accounts Contents
Page
- 2 -
ACR PROPERTY HOLDINGS SW LTD Company Information for the year ended 29 February 2024
Director
Mr Codd
Company Number
13892829 (England and Wales)
Registered Office
50 MEAD ROAD TORQUAY TQ2 6TF ENGLAND
Accountants
Sean Clarke Accountancy 7 Southbrook Road Bovey Tracey Devon TQ13 9YZ
- 3 -
ACR PROPERTY HOLDINGS SW LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
60,000 
389,112 
Investment property
371,403 
- 
431,403 
389,112 
Current assets
Cash at bank and in hand
1,066 
852 
Creditors: amounts falling due within one year
(156,972)
(118,137)
Net current liabilities
(155,906)
(117,285)
Total assets less current liabilities
275,497 
271,827 
Creditors: amounts falling due after more than one year
(274,545)
(274,545)
Net assets/(liabilities)
952 
(2,718)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
951 
(2,719)
Shareholders' funds
952 
(2,718)
For the year ending 29 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 November 2024 and were signed on its behalf by
Mr Codd Director Company Registration No. 13892829
- 4 -
ACR PROPERTY HOLDINGS SW LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
ACR PROPERTY HOLDINGS SW LTD is a private company, limited by shares, registered in England and Wales, registration number 13892829. The registered office is 50 MEAD ROAD, TORQUAY, TQ2 6TF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 3 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
- 5 -
ACR PROPERTY HOLDINGS SW LTD Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 March 2023
389,112 
Revaluations
60,000 
Transfer to investment property
(389,112)
At 29 February 2024
60,000 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
60,000 
At 28 February 2023
389,112 
5
Investment property
2024 
£ 
Disposals
(17,709)
Transfers from tangible fixed assets
389,112 
At 29 February 2024
371,403 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
156,972 
118,137 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
274,545 
274,545 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -