Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05833696 Mr DAVID STEALEY Mr RICKY GATER true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05833696 2023-05-31 05833696 2024-05-31 05833696 2023-06-01 2024-05-31 05833696 frs-core:CurrentFinancialInstruments 2024-05-31 05833696 frs-core:Non-currentFinancialInstruments 2024-05-31 05833696 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 05833696 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 05833696 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 05833696 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 05833696 frs-core:PlantMachinery 2023-06-01 2024-05-31 05833696 frs-core:OtherReservesSubtotal 2024-05-31 05833696 frs-core:ShareCapital 2024-05-31 05833696 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05833696 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05833696 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05833696 frs-bus:SmallEntities 2023-06-01 2024-05-31 05833696 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05833696 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05833696 1 2023-06-01 2024-05-31 05833696 frs-bus:Director1 2023-06-01 2024-05-31 05833696 frs-bus:Director2 2023-06-01 2024-05-31 05833696 frs-countries:EnglandWales 2023-06-01 2024-05-31 05833696 2022-05-31 05833696 2023-05-31 05833696 2022-06-01 2023-05-31 05833696 frs-core:CurrentFinancialInstruments 2023-05-31 05833696 frs-core:Non-currentFinancialInstruments 2023-05-31 05833696 frs-core:OtherReservesSubtotal 2023-05-31 05833696 frs-core:ShareCapital 2023-05-31 05833696 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 05833696
HIGH ST PROPERTY INVESTMENT LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Abacus Business Services
17 Minehead Avenue
Sully
Vale of Glamorgan
CF64 5TH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05833696
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 185,681 185,681
185,681 185,681
CURRENT ASSETS
Cash at bank and in hand 1,988 2,617
1,988 2,617
Creditors: Amounts Falling Due Within One Year 5 (55,615 ) (50,603 )
NET CURRENT ASSETS (LIABILITIES) (53,627 ) (47,986 )
TOTAL ASSETS LESS CURRENT LIABILITIES 132,054 137,695
Creditors: Amounts Falling Due After More Than One Year 6 (22,597 ) (30,847 )
NET ASSETS 109,457 106,848
CAPITAL AND RESERVES
Called up share capital 7 100 100
Other reserves 106,748 98,378
Profit and Loss Account 2,609 8,370
SHAREHOLDERS' FUNDS 109,457 106,848
Page 1
Page 2
For the year ending 31 May 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 DAVID STEALEY
Director
29 November 2024
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
HIGH ST PROPERTY INVESTMENT LTD Registered number 05833696 is a limited by shares company incorporated in England & Wales. The Registered Office is 26 HICKMAN ROAD, PENARTH, VALE OF GLAMORGAN, CF64 2AL.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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
Leasehold 0
Plant & Machinery 0
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 June 2023 185,681
As at 31 May 2024 185,681
Net Book Value
As at 31 May 2024 185,681
As at 1 June 2023 185,681
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 612 1,964
Directors' loan accounts 55,003 48,639
55,615 50,603
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,597 30,847
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 4