Acorah Software Products - Accounts Production 16.1.300 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10320161 Mr Rajiv Patel Mr Snehal Boghani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10320161 2023-08-31 10320161 2024-08-31 10320161 2023-09-01 2024-08-31 10320161 frs-core:Non-currentFinancialInstruments 2024-08-31 10320161 frs-core:ShareCapital 2024-08-31 10320161 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10320161 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10320161 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 10320161 frs-bus:SmallEntities 2023-09-01 2024-08-31 10320161 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10320161 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10320161 frs-bus:Director1 2023-09-01 2024-08-31 10320161 frs-bus:Director2 2023-09-01 2024-08-31 10320161 frs-countries:EnglandWales 2023-09-01 2024-08-31 10320161 2022-08-31 10320161 2023-08-31 10320161 2022-09-01 2023-08-31 10320161 frs-core:Non-currentFinancialInstruments 2023-08-31 10320161 frs-core:ShareCapital 2023-08-31 10320161 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10320161
Prosperous Life Investments Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 10320161
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 68,997 68,997
68,997 68,997
CURRENT ASSETS
Debtors - 3,000
Cash at bank and in hand 1,155 6,928
1,155 9,928
Creditors: Amounts Falling Due Within One Year (17,617 ) (14,217 )
NET CURRENT ASSETS (LIABILITIES) (16,462 ) (4,289 )
TOTAL ASSETS LESS CURRENT LIABILITIES 52,535 64,708
Creditors: Amounts Falling Due After More Than One Year (73,320 ) (73,320 )
NET LIABILITIES (20,785 ) (8,612 )
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account (20,787 ) (8,614 )
SHAREHOLDERS' FUNDS (20,785) (8,612)
Page 1
Page 2
For the year ending 31 August 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Rajiv Patel
Director
17/03/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Prosperous Life Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10320161 . The registered office is 13, Grayling Grove, Hemel Hempstead, HP2 7DD.
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. Directors have assured of their continued support to the company.
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:
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 68,997
As at 31 August 2024 68,997
Net Book Value
As at 31 August 2024 68,997
As at 1 September 2023 68,997
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3