Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 19 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14181107 Mr Mohammed Uddin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14181107 2023-06-30 14181107 2024-06-30 14181107 2023-07-01 2024-06-30 14181107 frs-core:Non-currentFinancialInstruments 2024-06-30 14181107 frs-core:FurnitureFittings 2024-06-30 14181107 frs-core:FurnitureFittings 2023-07-01 2024-06-30 14181107 frs-core:FurnitureFittings 2023-06-30 14181107 frs-core:ShareCapital 2024-06-30 14181107 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14181107 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14181107 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14181107 frs-bus:SmallEntities 2023-07-01 2024-06-30 14181107 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14181107 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14181107 frs-bus:Director1 2023-07-01 2024-06-30 14181107 frs-countries:EnglandWales 2023-07-01 2024-06-30 14181107 2022-06-18 14181107 2023-06-30 14181107 2022-06-19 2023-06-30 14181107 frs-core:CurrentFinancialInstruments 2023-06-30 14181107 frs-core:Non-currentFinancialInstruments 2023-06-30 14181107 frs-core:ShareCapital 2023-06-30 14181107 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14181107
Fatays Properties Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14181107
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,112 954
6,112 954
CURRENT ASSETS
Cash at bank and in hand 1,512 648
1,512 648
Creditors: Amounts Falling Due Within One Year 5 - (400 )
NET CURRENT ASSETS (LIABILITIES) 1,512 248
TOTAL ASSETS LESS CURRENT LIABILITIES 7,624 1,202
Creditors: Amounts Falling Due After More Than One Year 6 (29,885 ) (22,795 )
NET LIABILITIES (22,261 ) (21,593 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (22,262 ) (21,594 )
SHAREHOLDERS' FUNDS (22,261) (21,593)
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 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.
On behalf of the board
Mr Mohammed Uddin
Director
17/03/2025
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
Fatays Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14181107 . The registered office is 25 Millbank Crescent, Burnley, BB10 2BF.
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 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.
2.3. 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:
Fixtures & Fittings 18% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2023 1,163
Additions 6,500
As at 30 June 2024 7,663
Depreciation
As at 1 July 2023 209
Provided during the period 1,342
As at 30 June 2024 1,551
Net Book Value
As at 30 June 2024 6,112
As at 1 July 2023 954
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Other creditors - 400
6. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Directors loan account 29,885 22,795
7. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4