Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11152622 Mr Ioannis Michael Mr Michael Nicholas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11152622 2023-01-31 11152622 2024-01-31 11152622 2023-02-01 2024-01-31 11152622 frs-core:CurrentFinancialInstruments 2024-01-31 11152622 frs-core:Non-currentFinancialInstruments 2024-01-31 11152622 frs-core:LandBuildings 2024-01-31 11152622 frs-core:LandBuildings 2023-01-31 11152622 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 11152622 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11152622 frs-core:ShareCapital 2024-01-31 11152622 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11152622 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11152622 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11152622 frs-bus:SmallEntities 2023-02-01 2024-01-31 11152622 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11152622 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11152622 frs-bus:Director1 2023-02-01 2024-01-31 11152622 frs-bus:Director2 2023-02-01 2024-01-31 11152622 frs-countries:EnglandWales 2023-02-01 2024-01-31 11152622 2022-01-31 11152622 2023-01-31 11152622 2022-02-01 2023-01-31 11152622 frs-core:CurrentFinancialInstruments 2023-01-31 11152622 frs-core:Non-currentFinancialInstruments 2023-01-31 11152622 frs-core:ShareCapital 2023-01-31 11152622 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11152622
Yiannis1922 Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
ISA Consortium Ltd
206 New Road
Croxley Green
WD3 3HH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11152622
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 938,240 938,240
938,240 938,240
CURRENT ASSETS
Debtors 5 560 2,151
Cash at bank and in hand 1,750 550
2,310 2,701
Creditors: Amounts Falling Due Within One Year 6 (1,245 ) (1,905 )
NET CURRENT ASSETS (LIABILITIES) 1,065 796
TOTAL ASSETS LESS CURRENT LIABILITIES 939,305 939,036
Creditors: Amounts Falling Due After More Than One Year 7 (963,051 ) (959,051 )
NET LIABILITIES (23,746 ) (20,015 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (23,748 ) (20,017 )
SHAREHOLDERS' FUNDS (23,746) (20,015)
Page 1
Page 2
For the year ending 31 January 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 Ioannis Michael
Director
05/12/2024
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
Yiannis1922 Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11152622 . The registered office is 22 Lewes Road, London, N12 9NL.
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
Depreciation is provided at the following rates in order the write off each asset estimated useful life:
Freehold
Leasehold
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Land & Buildings
£
Cost
As at 1 February 2023 938,240
As at 31 January 2024 938,240
Net Book Value
As at 31 January 2024 938,240
As at 1 February 2023 938,240
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 560 1,952
Other debtors - 199
560 2,151
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,200 1,200
Taxation and social security 45 705
1,245 1,905
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 747,226 747,226
Other creditors 215,825 211,825
963,051 959,051
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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