Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13793888 Mr Ma Chak Shun Ms Yin Yuen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13793888 2023-12-31 13793888 2024-12-31 13793888 2024-01-01 2024-12-31 13793888 frs-core:CurrentFinancialInstruments 2024-12-31 13793888 frs-core:ShareCapital 2024-12-31 13793888 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13793888 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13793888 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13793888 frs-bus:SmallEntities 2024-01-01 2024-12-31 13793888 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13793888 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13793888 frs-bus:Director1 2024-01-01 2024-12-31 13793888 frs-bus:Director2 2024-01-01 2024-12-31 13793888 frs-countries:EnglandWales 2024-01-01 2024-12-31 13793888 2022-12-31 13793888 2023-12-31 13793888 2023-01-01 2023-12-31 13793888 frs-core:CurrentFinancialInstruments 2023-12-31 13793888 frs-core:ShareCapital 2023-12-31 13793888 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13793888
Iris & Tom Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13793888
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 291,500 291,500
291,500 291,500
CURRENT ASSETS
Debtors 5 1,225 -
Cash at bank and in hand 703 898
1,928 898
Creditors: Amounts Falling Due Within One Year 6 (351,652 ) (345,096 )
NET CURRENT ASSETS (LIABILITIES) (349,724 ) (344,198 )
TOTAL ASSETS LESS CURRENT LIABILITIES (58,224 ) (52,698 )
NET LIABILITIES (58,224 ) (52,698 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement (58,225 ) (52,699 )
SHAREHOLDERS' FUNDS (58,224) (52,698)
Page 1
Page 2
For the year ending 31 December 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 Income Statement.
On behalf of the board
Mr Ma Chak Shun
Director
13th February 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
Iris & Tom Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13793888 . The registered office is Flat 4, Quassia House, 36 Thonrey Close, London, NW9 4EE.
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 revenue recognised by the company in respect of rental income during the financial year.
2.3. 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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 291,500
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,225 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 675 199
Directors' loan accounts 350,977 344,897
351,652 345,096
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4