Acorah Software Products - Accounts Production 16.0.110 false true true 30 April 2023 1 May 2022 false 1 May 2023 31 March 2024 31 March 2024 09006217 Mr Asim Rafiq Mr Adil Rafiq iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09006217 2023-04-30 09006217 2024-03-31 09006217 2023-05-01 2024-03-31 09006217 frs-core:CurrentFinancialInstruments 2024-03-31 09006217 frs-core:Non-currentFinancialInstruments 2024-03-31 09006217 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 09006217 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-03-31 09006217 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 09006217 frs-core:PlantMachinery 2024-03-31 09006217 frs-core:PlantMachinery 2023-05-01 2024-03-31 09006217 frs-core:PlantMachinery 2023-04-30 09006217 frs-core:ShareCapital 2024-03-31 09006217 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09006217 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-03-31 09006217 frs-bus:FilletedAccounts 2023-05-01 2024-03-31 09006217 frs-bus:SmallEntities 2023-05-01 2024-03-31 09006217 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-03-31 09006217 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-03-31 09006217 frs-bus:Director1 2023-05-01 2024-03-31 09006217 frs-bus:Director2 2023-05-01 2024-03-31 09006217 frs-countries:EnglandWales 2023-05-01 2024-03-31 09006217 2022-04-30 09006217 2023-04-30 09006217 2022-05-01 2023-04-30 09006217 frs-core:CurrentFinancialInstruments 2023-04-30 09006217 frs-core:Non-currentFinancialInstruments 2023-04-30 09006217 frs-core:ShareCapital 2023-04-30 09006217 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09006217
Saltaire Developments Ltd
Unaudited Financial Statements
For the Period 1 May 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09006217
31 March 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 450,098 450,122
450,098 450,122
CURRENT ASSETS
Cash at bank and in hand 12,830 57,408
12,830 57,408
Creditors: Amounts Falling Due Within One Year 5 (510,032 ) (513,886 )
NET CURRENT ASSETS (LIABILITIES) (497,202 ) (456,478 )
TOTAL ASSETS LESS CURRENT LIABILITIES (47,104 ) (6,356 )
Creditors: Amounts Falling Due After More Than One Year 6 - (20,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,655 ) -
NET LIABILITIES (62,759 ) (26,356 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (62,859 ) (26,456 )
SHAREHOLDERS' FUNDS (62,759) (26,356)
Page 1
Page 2
For the period 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 Asim Rafiq
Director
27/11/2024
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
Saltaire Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09006217 . The registered office is 22 Heaton Grove, Bradford, BD9 4DY.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependend upon the continued support of the director who has undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2.4. 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 20% Reducing Balance
2.5. 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. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for. 
Changes in fair value are recognised in the profit and loss account.
2.6. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 March 2024 30 April 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Investment Properties Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 May 2023 450,000 461 450,461
As at 31 March 2024 450,000 461 450,461
Depreciation
As at 1 May 2023 - 339 339
Provided during the period - 24 24
As at 31 March 2024 - 363 363
Net Book Value
As at 31 March 2024 450,000 98 450,098
As at 1 May 2023 450,000 122 450,122
5. Creditors: Amounts Falling Due Within One Year
31 March 2024 30 April 2023
£ £
Other creditors - 474,970
Accruals and deferred income 22,500 30,000
Directors' loan accounts 11,535 8,916
Amounts owed to group undertakings 27,747 -
Amounts owed to parent undertaking 448,250 -
510,032 513,886
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 30 April 2023
£ £
Accruals and deferred income - 20,000
7. Share Capital
31 March 2024 30 April 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4