Acorah Software Products - Accounts Production 14.6.300 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 12472344 Mr Matthew Black the director, Matthew Black. true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12472344 2023-02-28 12472344 2024-02-29 12472344 2023-03-01 2024-02-29 12472344 frs-core:CurrentFinancialInstruments 2024-02-29 12472344 frs-core:Non-currentFinancialInstruments 2024-02-29 12472344 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 12472344 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 12472344 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 12472344 frs-core:ShareCapital 2024-02-29 12472344 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 12472344 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12472344 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 12472344 frs-bus:SmallEntities 2023-03-01 2024-02-29 12472344 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12472344 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 12472344 1 2023-03-01 2024-02-29 12472344 frs-bus:Director1 2023-03-01 2024-02-29 12472344 frs-countries:EnglandWales 2023-03-01 2024-02-29 12472344 2022-02-28 12472344 2023-02-28 12472344 2022-03-01 2023-02-28 12472344 frs-core:CurrentFinancialInstruments 2023-02-28 12472344 frs-core:Non-currentFinancialInstruments 2023-02-28 12472344 frs-core:ShareCapital 2023-02-28 12472344 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12472344
Matt Black Property Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
CJM Associates
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12472344
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,429 17,395
Investment Properties 5 116,036 116,036
132,465 133,431
CURRENT ASSETS
Debtors 6 5,018 5,004
Cash at bank and in hand 1,040 654
6,058 5,658
Creditors: Amounts Falling Due Within One Year 7 (81,526 ) (83,785 )
NET CURRENT ASSETS (LIABILITIES) (75,468 ) (78,127 )
TOTAL ASSETS LESS CURRENT LIABILITIES 56,997 55,304
Creditors: Amounts Falling Due After More Than One Year 8 (54,030 ) (56,867 )
NET ASSETS/(LIABILITIES) 2,967 (1,563 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 2,867 (1,663 )
SHAREHOLDERS' FUNDS 2,967 (1,563)
Page 1
Page 2
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 member has 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.
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 Matthew Black
Director
25/11/2024
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
Matt Black Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12472344 . The registered office is 17 Broadway North, Walsall, WS1 2QG.
The presentation currency of the financial statements is Pound Sterling (£)
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. 
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:
Improvements to Property - 5%
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
Land & Property
Leasehold
£
Cost
As at 1 March 2023 19,328
As at 29 February 2024 19,328
Depreciation
As at 1 March 2023 1,933
Provided during the period 966
As at 29 February 2024 2,899
Net Book Value
As at 29 February 2024 16,429
As at 1 March 2023 17,395
5. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 29 February 2024 116,036
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 5,018 5,004
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Bank loans and overdrafts 1,418 -
Other creditors 79,426 82,915
Taxation and social security 681 870
81,526 83,785
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 54,030 56,867
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is the director, Matthew Black. .
Page 4