Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 11292382 Mr M P Heilbron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11292382 2023-04-30 11292382 2024-04-30 11292382 2023-05-01 2024-04-30 11292382 frs-core:Non-currentFinancialInstruments 2024-04-30 11292382 frs-core:RevaluationReserve 2024-04-30 11292382 frs-core:ShareCapital 2024-04-30 11292382 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11292382 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11292382 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 11292382 frs-bus:SmallEntities 2023-05-01 2024-04-30 11292382 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11292382 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11292382 frs-core:CostValuation 2023-04-30 11292382 frs-core:CostValuation 2024-04-30 11292382 frs-bus:Director1 2023-05-01 2024-04-30 11292382 frs-countries:EnglandWales 2023-05-01 2024-04-30 11292382 2022-04-30 11292382 2023-04-30 11292382 2022-05-01 2023-04-30 11292382 frs-core:Non-currentFinancialInstruments 2023-04-30 11292382 frs-core:RevaluationReserve 2023-04-30 11292382 frs-core:ShareCapital 2023-04-30 11292382 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11292382
Cheltenham Dp Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2024
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11292382
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 174,875 253,911
Investments 5 814,448 814,448
989,323 1,068,359
CURRENT ASSETS
Cash at bank and in hand 6,274 9,871
6,274 9,871
Creditors: Amounts Falling Due Within One Year (1,034,643 ) (962,738 )
NET CURRENT ASSETS (LIABILITIES) (1,028,369 ) (952,867 )
TOTAL ASSETS LESS CURRENT LIABILITIES (39,046 ) 115,492
Creditors: Amounts Falling Due After More Than One Year (368,672 ) (400,772 )
NET LIABILITIES (407,718 ) (285,280 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 (79,036 ) -
Profit and Loss Account (328,782 ) (285,380 )
SHAREHOLDERS' FUNDS (407,718) (285,280)
Page 1
Page 2
For the year ending 30 April 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr M P Heilbron
Director
27 February 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Cheltenham Dp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11292382 . The registered office is 3a Queens Road, Cheltenham, GL50 2LR.
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 represents the total invoice value, excluding value added tax, of sales made during the period.
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 profit and loss account.
2.4. Financial Instruments
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. 
Debt instruments that are payable and receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of trade debt deferred beyond the normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for the objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.
For financial assets measured at amortised cost, the impairment loss is measured at the difference between an asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
2.5. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Cash and Cash Equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Cash and cash equivalents are shown net of bank overdrafts that are repayable on demand.
2.7. Fixed Assets Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently,they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 253,911
Revaluations (79,036)
As at 30 April 2024 174,875
5. Investments
Total
£
Cost
As at 1 May 2023 814,448
As at 30 April 2024 814,448
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 814,448
As at 1 May 2023 814,448
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Reserves
Revaluation Reserve
£
Deficit on revaluation (79,036)
As at 30 April 2024 (79,036 )
Page 4