Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05411514 Mr S Holt Mrs C L Holt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05411514 2023-06-30 05411514 2024-06-30 05411514 2023-07-01 2024-06-30 05411514 frs-core:CurrentFinancialInstruments 2024-06-30 05411514 frs-core:Non-currentFinancialInstruments 2024-06-30 05411514 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 05411514 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05411514 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 05411514 frs-core:PlantMachinery 2024-06-30 05411514 frs-core:PlantMachinery 2023-07-01 2024-06-30 05411514 frs-core:PlantMachinery 2023-06-30 05411514 frs-core:RevaluationReserve 2023-06-30 05411514 frs-core:RevaluationReserve 2024-06-30 05411514 frs-core:ShareCapital 2024-06-30 05411514 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05411514 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05411514 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05411514 frs-bus:SmallEntities 2023-07-01 2024-06-30 05411514 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05411514 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05411514 frs-bus:Director1 2023-07-01 2024-06-30 05411514 frs-bus:Director2 2023-07-01 2024-06-30 05411514 frs-countries:EnglandWales 2023-07-01 2024-06-30 05411514 2022-06-30 05411514 2023-06-30 05411514 2022-07-01 2023-06-30 05411514 frs-core:CurrentFinancialInstruments 2023-06-30 05411514 frs-core:Non-currentFinancialInstruments 2023-06-30 05411514 frs-core:RevaluationReserve 2023-06-30 05411514 frs-core:ShareCapital 2023-06-30 05411514 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05411514
CS DEVELOPMENTS UK LIMITED
Financial Statements
For The Year Ended 30 June 2024
Devonports LAS Accountants Ltd
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05411514
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,828,758 1,830,524
1,828,758 1,830,524
CURRENT ASSETS
Cash at bank and in hand 21,747 22,220
21,747 22,220
Creditors: Amounts Falling Due Within One Year 5 (659,648 ) (604,736 )
NET CURRENT ASSETS (LIABILITIES) (637,901 ) (582,516 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,190,857 1,248,008
Creditors: Amounts Falling Due After More Than One Year 6 (338,640 ) (338,640 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (130,709 ) (130,709 )
NET ASSETS 721,508 778,659
CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 604,037 604,037
Profit and Loss Account 117,469 174,620
SHAREHOLDERS' FUNDS 721,508 778,659
Page 1
Page 2
For the year ending 30 June 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 S Holt
Director
04/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
CS DEVELOPMENTS UK LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 05411514 . The registered office is Cumberland House, 24-28 Baxter Avenue, Southend on Sea, Essex , SS2 6HZ.
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.
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 Carried at fair value
Plant & Machinery etc 10 years straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.4. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery etc Total
£ £ £
Cost
As at 1 July 2023 1,820,000 20,768 1,840,768
As at 30 June 2024 1,820,000 20,768 1,840,768
Depreciation
As at 1 July 2023 - 10,244 10,244
Provided during the period - 1,766 1,766
As at 30 June 2024 - 12,010 12,010
Net Book Value
As at 30 June 2024 1,820,000 8,758 1,828,758
As at 1 July 2023 1,820,000 10,524 1,830,524
Investment property which is held within land and buildings has been valued at £1,820,000. This valuation was made by an independent surveyor, David Dedman, on 1 February 2016 and the Directors consider this to represent a current market value.
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 267 242
Other taxes and social security 1,788 3,153
Other creditors 1,914 1,740
Directors' loan accounts 655,679 599,601
659,648 604,736
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 338,640 338,640
7. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 338,640 338,640
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Revaluation Reserve
£
As at 1 July 2023 604,037
As at 30 June 2024 604,037
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