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 09657992 C A Tordoff iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09657992 2023-06-30 09657992 2024-06-30 09657992 2023-07-01 2024-06-30 09657992 frs-core:CurrentFinancialInstruments 2024-06-30 09657992 frs-core:Non-currentFinancialInstruments 2024-06-30 09657992 frs-core:ComputerEquipment 2024-06-30 09657992 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09657992 frs-core:ComputerEquipment 2023-06-30 09657992 frs-core:ShareCapital 2024-06-30 09657992 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09657992 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09657992 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09657992 frs-bus:SmallEntities 2023-07-01 2024-06-30 09657992 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09657992 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09657992 frs-bus:Director1 2023-07-01 2024-06-30 09657992 frs-countries:EnglandWales 2023-07-01 2024-06-30 09657992 2022-06-30 09657992 2023-06-30 09657992 2022-07-01 2023-06-30 09657992 frs-core:CurrentFinancialInstruments 2023-06-30 09657992 frs-core:Non-currentFinancialInstruments 2023-06-30 09657992 frs-core:ShareCapital 2023-06-30 09657992 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09657992
Apex Homes (Yorkshire) Limited
Financial Statements
For The Year Ended 30 June 2024
Gravitate Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09657992
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 258 322
Investment Properties 5 350,000 350,000
350,258 350,322
CURRENT ASSETS
Cash at bank and in hand 2,485 5,524
2,485 5,524
Creditors: Amounts Falling Due Within One Year 6 (135,391 ) (132,184 )
NET CURRENT ASSETS (LIABILITIES) (132,906 ) (126,660 )
TOTAL ASSETS LESS CURRENT LIABILITIES 217,352 223,662
Creditors: Amounts Falling Due After More Than One Year 7 (168,812 ) (176,824 )
NET ASSETS 48,540 46,838
CAPITAL AND RESERVES
Called up share capital 8 300 300
Profit and Loss Account 48,240 46,538
SHAREHOLDERS' FUNDS 48,540 46,838
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 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
C A Tordoff
Director
7th February 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
Apex Homes (Yorkshire) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09657992 . The registered office is Hallam House, 92 Tapton Crescent Road, Sheffield, S10 5DD.
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.
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:
Computer Equipment 20% Reducing Balance
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.
2.5. Financial Instruments
Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account within overheads. 
2.6. 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.
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: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 1,923
As at 30 June 2024 1,923
Depreciation
As at 1 July 2023 1,601
Provided during the period 64
As at 30 June 2024 1,665
Net Book Value
As at 30 June 2024 258
As at 1 July 2023 322
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 350,000
The Investment property was revalued in the year ending 30 June 2024 by an independent valuer. The basis of this valuation was on a market value basis. 
The directors consider this valuation to be relevant as of 30 June 2024 and there was no movement from the previous valuation.
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 302,900 302,900
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 8,012 8,012
Other creditors 126,965 124,003
Taxation and social security 414 169
135,391 132,184
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 168,812 176,824
There is a fixed charge and negative pledge with regards to the investment property held by the Company.
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 5