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 8487654 Mr Jeremy Nussbaum Mrs Hanna Nussbaum iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 8487654 2023-04-30 8487654 2024-04-30 8487654 2023-05-01 2024-04-30 8487654 frs-core:CurrentFinancialInstruments 2024-04-30 8487654 frs-core:Non-currentFinancialInstruments 2024-04-30 8487654 frs-core:BetweenOneFiveYears 2024-04-30 8487654 frs-core:ComputerEquipment 2024-04-30 8487654 frs-core:ComputerEquipment 2023-05-01 2024-04-30 8487654 frs-core:ComputerEquipment 2023-04-30 8487654 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 8487654 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-04-30 8487654 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 8487654 frs-core:MotorVehicles 2024-04-30 8487654 frs-core:MotorVehicles 2023-05-01 2024-04-30 8487654 frs-core:MotorVehicles 2023-04-30 8487654 frs-core:WithinOneYear 2024-04-30 8487654 frs-core:RevaluationReserve 2023-05-01 2024-04-30 8487654 frs-core:RevaluationReserve 2023-04-30 8487654 frs-core:RevaluationReserve 2024-04-30 8487654 frs-core:ShareCapital 2024-04-30 8487654 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 8487654 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 8487654 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 8487654 frs-bus:SmallEntities 2023-05-01 2024-04-30 8487654 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 8487654 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 8487654 frs-bus:Director1 2023-05-01 2024-04-30 8487654 frs-bus:Director2 2023-05-01 2024-04-30 8487654 frs-countries:EnglandWales 2023-05-01 2024-04-30 8487654 2022-04-30 8487654 2023-04-30 8487654 2022-05-01 2023-04-30 8487654 frs-core:CurrentFinancialInstruments 2023-04-30 8487654 frs-core:Non-currentFinancialInstruments 2023-04-30 8487654 frs-core:BetweenOneFiveYears 2023-04-30 8487654 frs-core:MotorVehicles 2022-05-01 2023-04-30 8487654 frs-core:WithinOneYear 2023-04-30 8487654 frs-core:RevaluationReserve 2023-04-30 8487654 frs-core:ShareCapital 2023-04-30 8487654 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 8487654
Sandilane Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 8487654
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,616,505 1,450,273
1,616,505 1,450,273
CURRENT ASSETS
Debtors 5 23,766 34,369
Cash at bank and in hand 4,222 26,653
27,988 61,022
Creditors: Amounts Falling Due Within One Year 6 (37,518 ) (35,494 )
NET CURRENT ASSETS (LIABILITIES) (9,530 ) 25,528
TOTAL ASSETS LESS CURRENT LIABILITIES 1,606,975 1,475,801
Creditors: Amounts Falling Due After More Than One Year 7 (1,121,612 ) (1,086,816 )
NET ASSETS 485,363 388,985
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 12 474,421 359,421
Profit and Loss Account 10,842 29,464
SHAREHOLDERS' FUNDS 485,363 388,985
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 Jeremy Nussbaum
Director
29th January 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sandilane Limited Registered number 8487654 is a limited by shares company incorporated in England & Wales. The Registered Office is 57 Singleton Road, SALFORD, M7 4NA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets over their expected useful lives.
Motor Vehicles Straight line over 4 years to guaranteed value
Computer Equipment Straight line over 3 years
2.4. Investment Properties
Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.
Investment properties should be included in the balance sheet at their open market value.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. 
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
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
Investment Properties Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 May 2023 1,450,000 - 819 1,450,819
Additions - 56,560 - 56,560
Revaluation 115,000 - - 115,000
As at 30 April 2024 1,565,000 56,560 819 1,622,379
Depreciation
As at 1 May 2023 - - 546 546
Provided during the period - 5,055 273 5,328
As at 30 April 2024 - 5,055 819 5,874
Net Book Value
As at 30 April 2024 1,565,000 51,505 - 1,616,505
As at 1 May 2023 1,450,000 - 273 1,450,273
The properties were valued by the Directors based on the latest professional valuation or the open market value of other similar properties in their respective areas resulting in a surplus of £115,000 (2023:£20,128). The historical cost of the properties included at a valuation of £1,565,000 was £1,090,579.
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 51,505 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,087 23,137
Prepayments and accrued income 2,500 1,625
Other debtors (1,760 ) 2,863
Deferred tax current asset 9,939 6,744
23,766 34,369
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,649 -
Trade creditors 1,092 4,704
Bank loans and overdrafts 5,610 5,500
Other taxes and social security 5,650 4,250
VAT - 457
Other creditors 50 50
Directors' loan accounts 17,467 20,533
37,518 35,494
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 40,380 -
Bank loans 531,232 536,816
Directors loan account 550,000 550,000
1,121,612 1,086,816
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Other Creditors 450,000 500,000
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 48,029 -
Bank loans and overdrafts 525,000 525,000
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,649 -
Later than one year and not later than five years 40,380 -
48,029 -
48,029 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
11. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 5,000 15,000
12. Reserves
Revaluation Reserve
£
As at 1 May 2023 359,421
Surplus on revaluation 115,000
As at 30 April 2024 474,421
Page 6