Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08392237 Mr Mark Atkinson Mrs Caroline Atkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08392237 2023-06-30 08392237 2024-06-30 08392237 2023-07-01 2024-06-30 08392237 frs-core:CurrentFinancialInstruments 2024-06-30 08392237 frs-core:Non-currentFinancialInstruments 2024-06-30 08392237 frs-core:FurnitureFittings 2024-06-30 08392237 frs-core:FurnitureFittings 2023-07-01 2024-06-30 08392237 frs-core:FurnitureFittings 2023-06-30 08392237 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 08392237 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 08392237 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 08392237 frs-core:ShareCapital 2024-06-30 08392237 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08392237 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08392237 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08392237 frs-bus:SmallEntities 2023-07-01 2024-06-30 08392237 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08392237 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08392237 frs-bus:Director1 2023-07-01 2024-06-30 08392237 frs-bus:Director2 2023-07-01 2024-06-30 08392237 frs-countries:EnglandWales 2023-07-01 2024-06-30 08392237 2022-06-30 08392237 2023-06-30 08392237 2022-07-01 2023-06-30 08392237 frs-core:CurrentFinancialInstruments 2023-06-30 08392237 frs-core:Non-currentFinancialInstruments 2023-06-30 08392237 frs-core:ShareCapital 2023-06-30 08392237 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 08392237
Marlin Properties (Cornwall) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Balme Kitchen & Pearce Ltd
Chartered Accountants
25 Lemon Street
Truro
Cornwall
TR1 2LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08392237
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 538,081 569,820
538,081 569,820
CURRENT ASSETS
Debtors 5 42,603 24,399
Cash at bank and in hand 8,828 39,831
51,431 64,230
Creditors: Amounts Falling Due Within One Year 6 (400,295 ) (449,618 )
NET CURRENT ASSETS (LIABILITIES) (348,864 ) (385,388 )
TOTAL ASSETS LESS CURRENT LIABILITIES 189,217 184,432
Creditors: Amounts Falling Due After More Than One Year 7 (203,000 ) (219,870 )
NET LIABILITIES (13,783 ) (35,438 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (13,883 ) (35,538 )
SHAREHOLDERS' FUNDS (13,783) (35,438)
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
Mrs Caroline Atkinson
Director
24 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
Marlin Properties (Cornwall) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08392237 . The registered office is 25 Lemon Street, Truro, Cornwall, TR1 2LS.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 4% straight line (excluding land)
Fixtures & Fittings 10% reducing balance
Page 3
Page 4
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
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 Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 666,254 179,142 845,396
As at 30 June 2024 666,254 179,142 845,396
Depreciation
As at 1 July 2023 178,950 96,626 275,576
Provided during the period 23,487 8,252 31,739
As at 30 June 2024 202,437 104,878 307,315
Net Book Value
As at 30 June 2024 463,817 74,264 538,081
As at 1 July 2023 487,304 82,516 569,820
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (10,797 ) -
Other debtors 53,400 24,399
42,603 24,399
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 397,714 448,007
Taxation and social security 2,581 1,611
400,295 449,618
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 203,000 203,000
Other creditors - 16,870
203,000 219,870
8. Capital Grants
Movement in the government grant during the fianancial year.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Charge on assets
On 13 March 2019 Interbay Funding Ltd have a fixed and floating charge over on the commercial loan of the freehold and leasehold to secure own liabilities of the company.

On 13 March 2019 Interbay Funding Ltd have a debenture on all fixed and floating charges over the undertakings and all property assets, present and future.

Page 5