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 03542199 Mr Tanveer Khan Mrs Nargis Farzana Mr Tanveer Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03542199 2023-04-30 03542199 2024-04-30 03542199 2023-05-01 2024-04-30 03542199 frs-core:CurrentFinancialInstruments 2024-04-30 03542199 frs-core:Non-currentFinancialInstruments 2024-04-30 03542199 frs-core:FurnitureFittings 2024-04-30 03542199 frs-core:FurnitureFittings 2023-05-01 2024-04-30 03542199 frs-core:FurnitureFittings 2023-04-30 03542199 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 03542199 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 03542199 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 03542199 frs-core:PlantMachinery 2024-04-30 03542199 frs-core:PlantMachinery 2023-05-01 2024-04-30 03542199 frs-core:PlantMachinery 2023-04-30 03542199 frs-core:ShareCapital 2024-04-30 03542199 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 03542199 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03542199 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 03542199 frs-bus:SmallEntities 2023-05-01 2024-04-30 03542199 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03542199 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 03542199 frs-bus:Director1 2023-05-01 2024-04-30 03542199 frs-bus:Director2 2023-05-01 2024-04-30 03542199 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 03542199 frs-countries:EnglandWales 2023-05-01 2024-04-30 03542199 2022-04-30 03542199 2023-04-30 03542199 2022-05-01 2023-04-30 03542199 frs-core:CurrentFinancialInstruments 2023-04-30 03542199 frs-core:Non-currentFinancialInstruments 2023-04-30 03542199 frs-core:ShareCapital 2023-04-30 03542199 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 03542199
Contract Properties Limited
Financial Statements
For The Year Ended 30 April 2024
JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr Tanveer Khan
Mrs Nargis Farzana
Secretary Mr Tanveer Khan
Company Number 03542199
Registered Office 164-166 High Road
Ilford
Essex
IG1 1LL
Accountants JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Page 1
Page 2
Balance Sheet
Registered number: 03542199
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 377,770 377,809
377,770 377,809
CURRENT ASSETS
Cash at bank and in hand 10,695 8,285
10,695 8,285
Creditors: Amounts Falling Due Within One Year 5 (144,705 ) (52,391 )
NET CURRENT ASSETS (LIABILITIES) (134,010 ) (44,106 )
TOTAL ASSETS LESS CURRENT LIABILITIES 243,760 333,703
Creditors: Amounts Falling Due After More Than One Year 6 (190,000 ) (279,505 )
NET ASSETS 53,760 54,198
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 53,660 54,098
SHAREHOLDERS' FUNDS 53,760 54,198
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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 Tanveer Khan
Director
29 January 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
The presentation currency of the financial statements is the Pound Sterling (£).

Contract Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03542199 . The registered office is 164-166 High Road, Ilford, Essex, IG1 1LL.
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:
Freehold No depreciation
Improvements to Property No depreciation
Fixtures & Fittings 25% on reducing balance
3. Average Number of Employees
The average number of employees, including directors, during the year was 2 (2023: 2)
2 2
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4. Tangible Assets
Land & Property
Freehold Improvements to Property Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 May 2023 187,000 190,650 8,204 385,854
As at 30 April 2024 187,000 190,650 8,204 385,854
Depreciation
As at 1 May 2023 - - 8,045 8,045
Provided during the period - - 39 39
As at 30 April 2024 - - 8,084 8,084
Net Book Value
As at 30 April 2024 187,000 190,650 120 377,770
As at 1 May 2023 187,000 190,650 159 377,809
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 26,991
Corporation tax 5,212 4,894
Accrued expenses 1,680 720
Directors' loan accounts 137,813 19,786
144,705 52,391
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loan account - 89,505
Directors loan account 190,000 190,000
190,000 279,505
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5