Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC659657 Mrs Z C Robertson Mr K Robertson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC659657 2023-04-30 SC659657 2024-04-30 SC659657 2023-05-01 2024-04-30 SC659657 frs-core:CurrentFinancialInstruments 2024-04-30 SC659657 frs-core:Non-currentFinancialInstruments 2024-04-30 SC659657 frs-core:ShareCapital 2024-04-30 SC659657 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC659657 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC659657 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC659657 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC659657 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC659657 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC659657 frs-bus:Director1 2023-05-01 2024-04-30 SC659657 frs-bus:Director2 2023-05-01 2024-04-30 SC659657 frs-countries:Scotland 2023-05-01 2024-04-30 SC659657 2022-04-30 SC659657 2023-04-30 SC659657 2022-05-01 2023-04-30 SC659657 frs-core:CurrentFinancialInstruments 2023-04-30 SC659657 frs-core:Non-currentFinancialInstruments 2023-04-30 SC659657 frs-core:ShareCapital 2023-04-30 SC659657 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC659657
Air Property Group Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC659657
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 97,690 97,690
97,690 97,690
CURRENT ASSETS
Debtors 5 356 -
Cash at bank and in hand 3,044 893
3,400 893
Creditors: Amounts Falling Due Within One Year 6 (51,454 ) (51,408 )
NET CURRENT ASSETS (LIABILITIES) (48,054 ) (50,515 )
TOTAL ASSETS LESS CURRENT LIABILITIES 49,636 47,175
Creditors: Amounts Falling Due After More Than One Year 7 (59,388 ) (59,388 )
NET LIABILITIES (9,752 ) (12,213 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (9,754 ) (12,215 )
SHAREHOLDERS' FUNDS (9,752) (12,213)
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
Mrs Z C Robertson
Director
30 January 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
Air Property Group Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC659657 . The registered office is 272 Bath Street, Glasgow, G2 4JR.
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
At 30 April 2024 the company was in a net liability position. The directors confirm that, if required, they will provide financial support to the company to ensure it meets its liabilities as they fall due.  Accordingly, the going concern basis in preparing these financial statements continues to be adopted.
2.3. 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 rental of property.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 97,690
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 356 -
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 706 660
Directors' loan accounts 50,748 50,748
51,454 51,408
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 59,388 59,388
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
As at 30 April 2024 the company owed the directors £50,748 (2023: £50,748). 
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