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 05414212 Mr Giorgio Viventi Willsher Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05414212 2023-04-30 05414212 2024-04-30 05414212 2023-05-01 2024-04-30 05414212 frs-core:CurrentFinancialInstruments 2024-04-30 05414212 frs-core:Non-currentFinancialInstruments 2024-04-30 05414212 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 05414212 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05414212 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 05414212 frs-core:RevaluationReserve 2023-04-30 05414212 frs-core:RevaluationReserve 2024-04-30 05414212 frs-core:ShareCapital 2024-04-30 05414212 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05414212 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05414212 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05414212 frs-bus:SmallEntities 2023-05-01 2024-04-30 05414212 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05414212 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05414212 frs-bus:Director1 2023-05-01 2024-04-30 05414212 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 05414212 frs-countries:EnglandWales 2023-05-01 2024-04-30 05414212 2022-04-30 05414212 2023-04-30 05414212 2022-05-01 2023-04-30 05414212 frs-core:CurrentFinancialInstruments 2023-04-30 05414212 frs-core:Non-currentFinancialInstruments 2023-04-30 05414212 frs-core:RevaluationReserve 2023-04-30 05414212 frs-core:ShareCapital 2023-04-30 05414212 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 05414212
171-173 Bermondsey Street Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
B&SW Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05414212
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,000,000 4,000,000
4,000,000 4,000,000
CURRENT ASSETS
Debtors 5 456,453 451,524
Cash at bank and in hand 16,291 15,733
472,744 467,257
Creditors: Amounts Falling Due Within One Year 6 (111,708 ) (114,626 )
NET CURRENT ASSETS (LIABILITIES) 361,036 352,631
TOTAL ASSETS LESS CURRENT LIABILITIES 4,361,036 4,352,631
Creditors: Amounts Falling Due After More Than One Year 7 (1,288,702 ) (1,296,727 )
NET ASSETS 3,072,334 3,055,904
CAPITAL AND RESERVES
Called up share capital 8 1,045 1,045
Revaluation reserve 9 3,012,985 3,012,985
Profit and Loss Account 58,304 41,874
SHAREHOLDERS' FUNDS 3,072,334 3,055,904
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Giorgio Viventi
Director
31/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
171-173 Bermondsey Street Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05414212 . The registered office is Toad Hall Cattawade Street, Cattawade, Manningtree, CO11 1RG.
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 0% per annum
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 May 2023 4,000,000
As at 30 April 2024 4,000,000
Net Book Value
As at 30 April 2024 4,000,000
As at 1 May 2023 4,000,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,001 -
Other debtors 88,000 88,000
Amounts owed by other participating interests 356,452 363,524
456,453 451,524
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 103,704 108,706
VAT 6,298 4,214
Accruals and deferred income 1,706 1,706
111,708 114,626
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,288,702 1,296,727
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,045 1,045
9. Reserves
Revaluation Reserve
£
As at 1 May 2023 3,012,985
As at 30 April 2024 3,012,985
Page 4