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 07779502 Mr A L Hughes Mr H J Hughes Mr A L Hughes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07779502 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-04-30 07779502 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-04-30 07779502 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-04-30 07779502 2023-04-30 07779502 2024-04-30 07779502 2023-05-01 2024-04-30 07779502 frs-core:CurrentFinancialInstruments 2024-04-30 07779502 frs-core:Non-currentFinancialInstruments 2024-04-30 07779502 frs-core:ShareCapital 2024-04-30 07779502 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07779502 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07779502 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07779502 frs-bus:SmallEntities 2023-05-01 2024-04-30 07779502 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07779502 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07779502 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 07779502 frs-bus:OrdinaryShareClass1 2024-04-30 07779502 frs-bus:Director1 2023-05-01 2024-04-30 07779502 frs-bus:Director2 2023-05-01 2024-04-30 07779502 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 07779502 frs-countries:EnglandWales 2023-05-01 2024-04-30 07779502 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-04-30 07779502 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-04-30 07779502 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-04-30 07779502 2022-04-30 07779502 2023-04-30 07779502 2022-05-01 2023-04-30 07779502 frs-core:CurrentFinancialInstruments 2023-04-30 07779502 frs-core:Non-currentFinancialInstruments 2023-04-30 07779502 frs-core:ShareCapital 2023-04-30 07779502 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 07779502 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30
Registered number: 07779502
A H Properties (Aberystwyth) 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: 07779502
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 978,302 978,302
978,302 978,302
CURRENT ASSETS
Debtors 5 3,374 9,949
Cash at bank and in hand 21,069 49,448
24,443 59,397
Creditors: Amounts Falling Due Within One Year 6 (426,747 ) (431,431 )
NET CURRENT ASSETS (LIABILITIES) (402,304 ) (372,034 )
TOTAL ASSETS LESS CURRENT LIABILITIES 575,998 606,268
Creditors: Amounts Falling Due After More Than One Year 7 (275,905 ) (307,046 )
NET ASSETS 300,093 299,222
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 299,993 299,122
SHAREHOLDERS' FUNDS 300,093 299,222
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 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
A H Properties (Aberystwyth) 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
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. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2.4. 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.
2.5. 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.
2.6. 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 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: 2 (2023: 2)
2 2
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4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 978,302
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 5,484
Prepayments and accrued income 3,374 4,465
3,374 9,949
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 30,174 28,500
Corporation tax 205 7,335
Other creditors 83,359 83,360
Accruals and deferred income 1,524 1,324
Directors' loan accounts 224,526 223,953
Amounts owed to group undertakings 86,959 86,959
426,747 431,431
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 275,905 307,046
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 56,064 68,132
8. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 30,174 28,500
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 219,841 238,914
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2024 2023
£ £
Amounts falling due after more than five years:
Bank loans 56,064 68,132
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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