Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11531823 Mr Carl Tebbutt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11531823 2023-08-31 11531823 2024-08-31 11531823 2023-09-01 2024-08-31 11531823 frs-core:CurrentFinancialInstruments 2024-08-31 11531823 frs-core:Non-currentFinancialInstruments 2024-08-31 11531823 frs-core:ShareCapital 2024-08-31 11531823 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11531823 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11531823 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11531823 frs-bus:SmallEntities 2023-09-01 2024-08-31 11531823 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11531823 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11531823 frs-bus:Director1 2023-09-01 2024-08-31 11531823 frs-countries:EnglandWales 2023-09-01 2024-08-31 11531823 2022-08-31 11531823 2023-08-31 11531823 2022-09-01 2023-08-31 11531823 frs-core:CurrentFinancialInstruments 2023-08-31 11531823 frs-core:Non-currentFinancialInstruments 2023-08-31 11531823 frs-core:ShareCapital 2023-08-31 11531823 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11531823
Nine Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11531823
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,100,000 1,100,000
1,100,000 1,100,000
CURRENT ASSETS
Cash at bank and in hand 1,556 6,794
1,556 6,794
Creditors: Amounts Falling Due Within One Year 5 (270,249 ) (326,611 )
NET CURRENT ASSETS (LIABILITIES) (268,693 ) (319,817 )
TOTAL ASSETS LESS CURRENT LIABILITIES 831,307 780,183
Creditors: Amounts Falling Due After More Than One Year 6 (412,026 ) (418,301 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (38,543 ) (38,543 )
NET ASSETS 380,738 323,339
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 380,737 323,338
SHAREHOLDERS' FUNDS 380,738 323,339
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 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 Carl Tebbutt
Director
14/03/2025
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
Nine Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11531823 . The registered office is The Old Barn Wood Street, Swanley, BR8 7PA.
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.
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. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Investment Property
2024
£
Fair Value
As at 1 September 2023 and 31 August 2024 1,100,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 781 779
Bank loans and overdrafts 10,708 10,708
Corporation tax 15,593 19,436
Director's loan account 243,167 295,688
270,249 326,611
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 412,026 418,301
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Included in other creditors is an amount of £243,167 (£295,688 in 2023), owed to the director Mr C tebbutt. This loan is interest free and no repayment terms have been agreed.
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