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 05117733 S S Chhokar R K Chhokar S S Chhokar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05117733 2023-05-31 05117733 2024-05-31 05117733 2023-06-01 2024-05-31 05117733 frs-core:CurrentFinancialInstruments 2024-05-31 05117733 frs-core:Non-currentFinancialInstruments 2024-05-31 05117733 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 05117733 frs-core:ShareCapital 2024-05-31 05117733 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05117733 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05117733 frs-bus:SmallEntities 2023-06-01 2024-05-31 05117733 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05117733 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05117733 frs-bus:Director1 2023-06-01 2024-05-31 05117733 frs-bus:Director2 2023-06-01 2024-05-31 05117733 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05117733 frs-countries:EnglandWales 2023-06-01 2024-05-31 05117733 2022-05-31 05117733 2023-05-31 05117733 2022-06-01 2023-05-31 05117733 frs-core:CurrentFinancialInstruments 2023-05-31 05117733 frs-core:Non-currentFinancialInstruments 2023-05-31 05117733 frs-core:ShareCapital 2023-05-31
Registered number: 05117733
X-Land Properties Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 05117733
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1 5,100,001
1 5,100,001
NET CURRENT ASSETS (LIABILITIES) 1 5,100,001
TOTAL ASSETS LESS CURRENT LIABILITIES 1 5,100,001
Creditors: Amounts Falling Due After More Than One Year 5 - (5,100,000 )
NET ASSETS 1 1
CAPITAL AND RESERVES
Called up share capital 6 1 1
SHAREHOLDERS' FUNDS 1 1
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
S S Chhokar
Director
13 February 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
X-Land Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05117733 . The registered office is 112 Crawford Street, London, W1H 2JF.
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. Tangible Fixed Assets and Depreciation
Investment property
In accordance with FRS 102 as applied for Smaller Entities by section 1A of the standard, investment properties
are held under the revaluation model, whereby revaluations are undertaken regularly to ensure that the carrying
amount does not materially differ from the fair value at the end of the period.

Any aggregate surplus or temporary deficit from the original cost is cumulated within equity in the revaluation
reserve and also reflected in other comprehensive income. Any impairment in the value of an investment
property from original cost is taken to the profit and loss account for the year.

On realisation any gain or loss is calculated by reference to the carrying value at the last balance sheet date and
is included in the profit and loss account. Any balance in the revaluation reserve is transferred to the profit and
loss account reserve.

No depreciation is provided in respect of freehold investment properties and leasehold investment properties
with over 20 years unexpired. FRS 102 requires all properties to be depreciated however the residual value of
such investment properties is considered not to be materially different from that of the carrying value and
therefore depreciation is not required.
Freehold As per above
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 1 1
Due after more than one year
Amounts owed by group undertakings - 5,100,000
1 5,100,001
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings - 5,100,000
6. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
Page 2