Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12147815 Mr O L Foster Mrs R D Foster true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12147815 2023-08-31 12147815 2024-08-31 12147815 2023-09-01 2024-08-31 12147815 frs-core:CurrentFinancialInstruments 2024-08-31 12147815 frs-core:Non-currentFinancialInstruments 2024-08-31 12147815 frs-core:FurnitureFittings 2024-08-31 12147815 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12147815 frs-core:FurnitureFittings 2023-08-31 12147815 frs-core:ShareCapital 2024-08-31 12147815 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12147815 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12147815 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12147815 frs-bus:SmallEntities 2023-09-01 2024-08-31 12147815 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12147815 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12147815 1 2023-09-01 2024-08-31 12147815 frs-bus:Director1 2023-09-01 2024-08-31 12147815 frs-bus:Director2 2023-09-01 2024-08-31 12147815 frs-countries:EnglandWales 2023-09-01 2024-08-31 12147815 2022-08-31 12147815 2023-08-31 12147815 2022-09-01 2023-08-31 12147815 frs-core:CurrentFinancialInstruments 2023-08-31 12147815 frs-core:Non-currentFinancialInstruments 2023-08-31 12147815 frs-core:ShareCapital 2023-08-31 12147815 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12147815
F&D Properties Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12147815
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 463
Investment Properties 5 302,915 302,915
302,915 303,378
CURRENT ASSETS
Debtors 6 842 701
Cash at bank and in hand 32,330 84,180
33,172 84,881
Creditors: Amounts Falling Due Within One Year 7 (144,083 ) (195,351 )
NET CURRENT ASSETS (LIABILITIES) (110,911 ) (110,470 )
TOTAL ASSETS LESS CURRENT LIABILITIES 192,004 192,908
Creditors: Amounts Falling Due After More Than One Year 8 (219,904 ) (219,904 )
NET LIABILITIES (27,900 ) (26,996 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (28,000 ) (27,096 )
SHAREHOLDERS' FUNDS (27,900) (26,996)
Page 1
Page 2
For the year ending 31 August 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 O L Foster
Director
10th January 2025
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
F&D Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12147815 . The registered office is 62 Hazelhurst Road, Worsley, Manchester, M28 2SQ.
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 from rental income, net of discounts and value added taxes.
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 33% 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: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 September 2023 2,886
As at 31 August 2024 2,886
Depreciation
As at 1 September 2023 2,423
Provided during the period 463
As at 31 August 2024 2,886
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 463
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5. Investment Property
2024
£
Fair Value
As at 1 September 2023 and 31 August 2024 302,915
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 842 701
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 720 720
Directors' loan accounts 143,363 194,631
144,083 195,351
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 219,904 219,904
The bank loan is secured on the asset to which it relates.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company was controlled throughout the period by the directors who own 100% of the issued share capital.
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