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 10652691 Mr A L Hughes Mrs L E Hughes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10652691 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-04-30 10652691 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-04-30 10652691 2023-04-30 10652691 2024-04-30 10652691 2023-05-01 2024-04-30 10652691 frs-core:CurrentFinancialInstruments 2024-04-30 10652691 frs-core:Non-currentFinancialInstruments 2024-04-30 10652691 frs-core:FurnitureFittings 2024-04-30 10652691 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10652691 frs-core:FurnitureFittings 2023-04-30 10652691 frs-core:PlantMachinery 2024-04-30 10652691 frs-core:PlantMachinery 2023-05-01 2024-04-30 10652691 frs-core:PlantMachinery 2023-04-30 10652691 frs-core:ShareCapital 2024-04-30 10652691 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10652691 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10652691 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10652691 frs-bus:SmallEntities 2023-05-01 2024-04-30 10652691 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10652691 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10652691 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 10652691 frs-bus:OrdinaryShareClass1 2024-04-30 10652691 frs-bus:Director1 2023-05-01 2024-04-30 10652691 frs-bus:Director2 2023-05-01 2024-04-30 10652691 frs-core:Non-currentFinancialInstruments 1 2024-04-30 10652691 frs-countries:EnglandWales 2023-05-01 2024-04-30 10652691 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-04-30 10652691 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-04-30 10652691 2022-04-30 10652691 2023-04-30 10652691 2022-05-01 2023-04-30 10652691 frs-core:CurrentFinancialInstruments 2023-04-30 10652691 frs-core:Non-currentFinancialInstruments 2023-04-30 10652691 frs-core:ShareCapital 2023-04-30 10652691 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10652691 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30 10652691 frs-core:Non-currentFinancialInstruments 1 2023-04-30
Registered number: 10652691
ALH Properties Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10652691
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 115,014 97,845
Investment Properties 5 814,059 422,048
929,073 519,893
CURRENT ASSETS
Debtors 6 1,521 9,950
Cash at bank and in hand 13,279 25,689
14,800 35,639
Creditors: Amounts Falling Due Within One Year 7 (973,447 ) (573,737 )
NET CURRENT ASSETS (LIABILITIES) (958,647 ) (538,098 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,574 ) (18,205 )
Creditors: Amounts Falling Due After More Than One Year 8 (5,772 ) (9,874 )
NET LIABILITIES (35,346 ) (28,079 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (35,446 ) (28,179 )
SHAREHOLDERS' FUNDS (35,346) (28,079)
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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 A L Hughes
Director
30 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ALH Properties Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
 -Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line basis over the lease term.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Narrowboat 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.4. Investment Properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
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2.7. Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Narrowboat Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 90,987 57,552 148,539
Additions - 34,185 34,185
As at 30 April 2024 90,987 91,737 182,724
Depreciation
As at 1 May 2023 8,821 41,873 50,694
Provided during the period 4,550 12,466 17,016
As at 30 April 2024 13,371 54,339 67,710
Net Book Value
As at 30 April 2024 77,616 37,398 115,014
As at 1 May 2023 82,166 15,679 97,845
5. Investment Property
2024
£
Fair Value
As at 1 May 2023 422,048
Additions 392,011
As at 30 April 2024 814,059
The directors are of the opinion that the fair value of the investment properties as at 30 April 2024 accords to the value shown on the balance sheet, being £814,059 (2023 - £422,048). The value is based on a valuation by the directors in 2023.
The historical cost of the investment property as at 30 April 2024 was £814,059 (2023 - £422,048).
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 528 -
Prepayments and accrued income 993 1,370
Other debtors - 8,580
1,521 9,950
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,447
Bank loans and overdrafts 3,835 3,734
Accruals and deferred income 1,369 1,302
Directors' loan accounts 260,564 247,668
Amounts owed to group undertakings 707,679 319,586
973,447 573,737
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,497 8,599
Deferred income 1,275 1,275
5,772 9,874
9. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 3,835 3,734
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 4,497 8,599
10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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