Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11759963 Mr P D Patel Mrs T P Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11759963 2024-01-31 11759963 2025-01-31 11759963 2024-02-01 2025-01-31 11759963 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 11759963 frs-core:ShareCapital 2025-01-31 11759963 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11759963 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11759963 frs-bus:AbridgedAccounts 2024-02-01 2025-01-31 11759963 frs-bus:SmallEntities 2024-02-01 2025-01-31 11759963 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11759963 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11759963 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-01 2025-01-31 11759963 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-31 11759963 frs-bus:Director1 2024-02-01 2025-01-31 11759963 frs-bus:Director2 2024-02-01 2025-01-31 11759963 frs-countries:EnglandWales 2024-02-01 2025-01-31 11759963 2023-01-31 11759963 2024-01-31 11759963 2023-02-01 2024-01-31 11759963 frs-core:ShareCapital 2024-01-31 11759963 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11759963 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-01-31
Registered number: 11759963
29 Folly House Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2025
Shayona Partners
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11759963
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,071,990 531,990
1,071,990 531,990
CURRENT ASSETS
Debtors 848 754
Cash at bank and in hand 6,628 8,874
7,476 9,628
Creditors: Amounts Falling Due Within One Year (746,817 ) (759,312 )
NET CURRENT ASSETS (LIABILITIES) (739,341 ) (749,684 )
TOTAL ASSETS LESS CURRENT LIABILITIES 332,649 (217,694 )
NET ASSETS/(LIABILITIES) 332,649 (217,694 )
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Fair value reserve 6 540,000 -
Profit and Loss Account (208,351 ) (218,694 )
SHAREHOLDERS' FUNDS 332,649 (217,694)
Page 1
Page 2
For the year ending 31 January 2025 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr P D Patel
Director
24/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
29 Folly House Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11759963 . The registered office is Shayona Partners, 127 Whitton Avenue East, Greenford, Greater London, UB6 0QE.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 on all tangible fixed assets, other than freehold land and property, 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 No Depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Total
£
Cost or Valuation
As at 1 February 2024 531,990
Revaluation 540,000
As at 31 January 2025 1,071,990
Net Book Value
As at 31 January 2025 1,071,990
As at 1 February 2024 531,990
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 3
Page 4
6. Reserves
Fair Value Reserve
£
Transfer to profit and loss 540,000
As at 31 January 2025 540,000
Page 4