Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false true No description of principal activity 1 April 2023 31 March 2024 31 March 2024 10111698 Mr Surinder Thiarya iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10111698 2023-03-31 10111698 2024-03-31 10111698 2023-04-01 2024-03-31 10111698 frs-core:CurrentFinancialInstruments 2024-03-31 10111698 frs-core:Non-currentFinancialInstruments 2024-03-31 10111698 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10111698 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10111698 frs-bus:Micro-entities 2023-04-01 2024-03-31 10111698 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10111698 frs-bus:Director1 2023-04-01 2024-03-31 10111698 2022-03-31 10111698 2023-03-31 10111698 2022-04-01 2023-03-31 10111698 frs-core:CurrentFinancialInstruments 2023-03-31 10111698 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: 10111698
Student Spaces Birmingham Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Balance Sheet
Registered number: 10111698
2024 2023
£ £
Fixed assets 5,381,244 4,727,884
Current assets 170,000 53,464
Creditors: Amounts Falling Due Within One Year (76,034 ) (76,364 )
NET CURRENT ASSETS (LIABILITIES) 93,966 (22,900 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,475,210 4,704,984
Creditors: Amounts Falling After More Than One Year (5,199,922 ) (4,500,286 )
NET ASSETS 275,288 204,698
CAPITAL AND RESERVES 275,288 204,698

Notes

1. General Information
Student Spaces Birmingham Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10111698 . The registered office is 15 Foley Road East, Streetly, Sutton Coldfield, B74 3HN.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
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3. Other notes
Fixed assets represent the historical cost of investment properties. There were further property acquisitions of £653,360 in the period.  The director estimates the current market value of the properties to be in the region of £6.4m
Current assets represent amounts held in bank accounts that relate to Student Spaces Birmingham Limited.
Creditors due within one year of £76,034 are made up of bank overdraft balances of £1,216, corporation tax of £20,710 and tenants deposits held of £54,108.
Creditors due more than one year of £5,199,922 are made up of property mortgage balances of £4,345,971 (this includes additional mortgages taken out in the current period and further advances taken out in the prior periods but corrected in this period) and directors loan account balance of £853,951. 
The capital and reserves b/fwd. were £204,698,  retained profits for the period were £71,590 and dividends payable of £1,000 to get retained profits c/fwd. of £275,288.
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For the year ending 31 March 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Surinder Thiarya
Director
15/03/2025