Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09000656 Mrs Mary Manning Mr Richard Manning Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09000656 2023-04-30 09000656 2024-04-30 09000656 2023-05-01 2024-04-30 09000656 frs-core:CurrentFinancialInstruments 2024-04-30 09000656 frs-core:Non-currentFinancialInstruments 2024-04-30 09000656 frs-core:FurnitureFittings 2024-04-30 09000656 frs-core:FurnitureFittings 2023-05-01 2024-04-30 09000656 frs-core:FurnitureFittings 2023-04-30 09000656 frs-core:ShareCapital 2024-04-30 09000656 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09000656 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09000656 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09000656 frs-bus:SmallEntities 2023-05-01 2024-04-30 09000656 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09000656 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09000656 frs-bus:Director1 2023-05-01 2024-04-30 09000656 frs-bus:Director2 2023-05-01 2024-04-30 09000656 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 09000656 frs-countries:EnglandWales 2023-05-01 2024-04-30 09000656 2022-04-30 09000656 2023-04-30 09000656 2022-05-01 2023-04-30 09000656 frs-core:CurrentFinancialInstruments 2023-04-30 09000656 frs-core:Non-currentFinancialInstruments 2023-04-30 09000656 frs-core:ShareCapital 2023-04-30 09000656 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09000656
Fineshade Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09000656
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 2,510,119 2,510,119
2,510,119 2,510,119
CURRENT ASSETS
Cash at bank and in hand 13,517 25,421
13,517 25,421
Creditors: Amounts Falling Due Within One Year 6 (1,049 ) (1,050 )
NET CURRENT ASSETS (LIABILITIES) 12,468 24,371
TOTAL ASSETS LESS CURRENT LIABILITIES 2,522,587 2,534,490
Creditors: Amounts Falling Due After More Than One Year 7 (2,908,703 ) (2,885,982 )
NET LIABILITIES (386,116 ) (351,492 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (387,116 ) (352,492 )
SHAREHOLDERS' FUNDS (386,116) (351,492)
Page 1
Page 2
For the year ending 30 April 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 Richard Manning
Director
22/01/2025
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
Fineshade Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09000656 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 0
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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 May 2023 78,357
As at 30 April 2024 78,357
Depreciation
As at 1 May 2023 78,357
As at 30 April 2024 78,357
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 2,510,119
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 1
Accruals and deferred income 1,050 1,049
1,049 1,050
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 2,908,703 2,885,982
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4