Acorah Software Products - Accounts Production 16.1.200 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 13316082 Remi Jacques Howard Monish Tekchandani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13316082 2023-04-30 13316082 2024-04-30 13316082 2023-05-01 2024-04-30 13316082 frs-core:CurrentFinancialInstruments 2024-04-30 13316082 frs-core:Non-currentFinancialInstruments 2024-04-30 13316082 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 13316082 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-04-30 13316082 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 13316082 frs-core:ShareCapital 2024-04-30 13316082 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 13316082 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13316082 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 13316082 frs-bus:SmallEntities 2023-05-01 2024-04-30 13316082 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13316082 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13316082 frs-bus:Director1 2023-05-01 2024-04-30 13316082 frs-bus:Director2 2023-05-01 2024-04-30 13316082 frs-countries:EnglandWales 2023-05-01 2024-04-30 13316082 2022-04-30 13316082 2023-04-30 13316082 2022-05-01 2023-04-30 13316082 frs-core:CurrentFinancialInstruments 2023-04-30 13316082 frs-core:Non-currentFinancialInstruments 2023-04-30 13316082 frs-core:ShareCapital 2023-04-30 13316082 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 13316082
45 Sre Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13316082
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 187,000 -
187,000 -
CURRENT ASSETS
Debtors 5 1,781 2
Cash at bank and in hand 3,462 995
5,243 997
Creditors: Amounts Falling Due Within One Year 6 (62,064 ) (1,993 )
NET CURRENT ASSETS (LIABILITIES) (56,821 ) (996 )
TOTAL ASSETS LESS CURRENT LIABILITIES 130,179 (996 )
Creditors: Amounts Falling Due After More Than One Year 7 (142,121 ) -
NET LIABILITIES (11,942 ) (996 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (11,944 ) (998 )
SHAREHOLDERS' FUNDS (11,942) (996)
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
Monish Tekchandani
Director
22 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
45 Sre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13316082 . The registered office is 144a Wordsworth Road, Hampton, TW12 1ET.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
2.3. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Income from investment properties
Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.
Service charge income is recognised as revenue in the period to which it relates.
Interest income
Revenue is recognised as interest accrues using the effective interest method.
2.4. Investment Properties
Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.
Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.
Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 May 2023 -
Additions 195,437
Revaluation (8,437 )
As at 30 April 2024 187,000
Net Book Value
As at 30 April 2024 187,000
As at 1 May 2023 -
The investment properties are valued, at balance sheet date, by directors of the company based on the assessment of available market information and property condition. The directors believe that their valuation would not be materially different from the professional valuation.
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,779 -
Called up share capital not paid 2 2
1,781 2
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 600 -
Directors' loan accounts 32,523 1,993
Amounts owed to related parties 28,941 -
62,064 1,993
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 142,121 -
Page 4
Page 5
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 142,121 -
9. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
10. Related Party Transactions
Included in creditors due within one year is an amount of £32,523 (2023:£1,993 ) owed to its director. The amount is interest-free and repayable on demand.
Included in creditors due within one year is an amount of £28,941 (2023: £0) owed to the related company in which director has beneficial interest. The amount is interest-free and repayable on demand.
Page 5