Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12750211 Mrs Emma Jenkins Mr Mark Ollerenshaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12750211 2023-07-31 12750211 2024-07-31 12750211 2023-08-01 2024-07-31 12750211 frs-core:CurrentFinancialInstruments 2024-07-31 12750211 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 12750211 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 12750211 frs-core:RevaluationReserve 2023-07-31 12750211 frs-core:RevaluationReserve 2024-07-31 12750211 frs-core:ShareCapital 2024-07-31 12750211 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12750211 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12750211 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12750211 frs-bus:SmallEntities 2023-08-01 2024-07-31 12750211 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12750211 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12750211 frs-bus:Director1 2023-08-01 2024-07-31 12750211 frs-bus:Director2 2023-08-01 2024-07-31 12750211 frs-countries:EnglandWales 2023-08-01 2024-07-31 12750211 2022-07-31 12750211 2023-07-31 12750211 2022-08-01 2023-07-31 12750211 frs-core:CurrentFinancialInstruments 2023-07-31 12750211 frs-core:RevaluationReserve 2023-07-31 12750211 frs-core:ShareCapital 2023-07-31 12750211 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12750211
Imagine One Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Property Accounts Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12750211
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 110,000 110,000
110,000 110,000
CURRENT ASSETS
Cash at bank and in hand 18,764 11,930
18,764 11,930
Creditors: Amounts Falling Due Within One Year 5 (154,959 ) (141,280 )
NET CURRENT ASSETS (LIABILITIES) (136,195 ) (129,350 )
TOTAL ASSETS LESS CURRENT LIABILITIES (26,195 ) (19,350 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,854 ) (7,854 )
NET LIABILITIES (34,049 ) (27,204 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 33,483 33,483
Profit and Loss Account (67,632 ) (60,787 )
SHAREHOLDERS' FUNDS (34,049) (27,204)
Page 1
Page 2
For the year ending 31 July 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 Emma Jenkins
Director
21/02/2025
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
Imagine One Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12750211 . The registered office is C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN.
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 recognised as rental income received.
2.3. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The fair value of the investment property has been arrived at by the directors best estimate. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 August 2023 110,000
As at 31 July 2024 110,000
Net Book Value
As at 31 July 2024 110,000
As at 1 August 2023 110,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 560 560
Directors' loan accounts 154,399 140,720
154,959 141,280
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3
Page 4
7. Reserves
Revaluation Reserve
£
As at 1 August 2023 33,483
As at 31 July 2024 33,483
Page 4