Acorah Software Products - Accounts Production 16.1.300 false true 29 September 2022 30 September 2021 false 30 September 2022 29 September 2023 29 September 2023 10977772 Mr R Thomson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10977772 2022-09-29 10977772 2023-09-29 10977772 2022-09-30 2023-09-29 10977772 frs-core:CurrentFinancialInstruments 2023-09-29 10977772 frs-core:Non-currentFinancialInstruments 2023-09-29 10977772 frs-core:FurnitureFittings 2023-09-29 10977772 frs-core:FurnitureFittings 2022-09-30 2023-09-29 10977772 frs-core:FurnitureFittings 2022-09-29 10977772 frs-core:ShareCapital 2023-09-29 10977772 frs-core:RetainedEarningsAccumulatedLosses 2023-09-29 10977772 frs-bus:PrivateLimitedCompanyLtd 2022-09-30 2023-09-29 10977772 frs-bus:FilletedAccounts 2022-09-30 2023-09-29 10977772 frs-bus:SmallEntities 2022-09-30 2023-09-29 10977772 frs-bus:AuditExempt-NoAccountantsReport 2022-09-30 2023-09-29 10977772 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-30 2023-09-29 10977772 frs-core:CostValuation 2022-09-29 10977772 frs-core:AdditionsToInvestments 2023-09-29 10977772 frs-core:CostValuation 2023-09-29 10977772 frs-core:ProvisionsForImpairmentInvestments 2022-09-29 10977772 frs-core:ProvisionsForImpairmentInvestments 2023-09-29 10977772 frs-bus:Director1 2022-09-30 2023-09-29 10977772 frs-countries:EnglandWales 2022-09-30 2023-09-29 10977772 2021-09-29 10977772 2022-09-29 10977772 2021-09-30 2022-09-29 10977772 frs-core:CurrentFinancialInstruments 2022-09-29 10977772 frs-core:Non-currentFinancialInstruments 2022-09-29 10977772 frs-core:ShareCapital 2022-09-29 10977772 frs-core:RetainedEarningsAccumulatedLosses 2022-09-29
Registered number: 10977772
Myrt Properties Limited
Financial Statements
For The Year Ended 29 September 2023
Accounts Unlocked Limited
Office 43, The Cobalt Building
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10977772
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 660
Investment Properties 5 160,000 160,000
Investments 6 98 -
160,098 160,660
CURRENT ASSETS
Cash at bank and in hand 1,674 781
1,674 781
Creditors: Amounts Falling Due Within One Year 7 (202,761 ) (191,754 )
NET CURRENT ASSETS (LIABILITIES) (201,087 ) (190,973 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,989 ) (30,313 )
Creditors: Amounts Falling Due After More Than One Year 8 (2,079 ) (3,295 )
NET LIABILITIES (43,068 ) (33,608 )
CAPITAL AND RESERVES
Called up share capital 9 200 200
Income Statement (43,268 ) (33,808 )
SHAREHOLDERS' FUNDS (43,068) (33,608)
Page 1
Page 2
For the year ending 29 September 2023 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 Income Statement.
On behalf of the board
Mr R Thomson
Director
26 March 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
Myrt Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10977772 . The registered office is Office 43, The Cobalt Building 1600 Eureka Park, Lower Pemberton, Ashford, Kent, TN25 4BF.
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. 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 20% straight line
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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 30 September 2022 3,300
As at 29 September 2023 3,300
Depreciation
As at 30 September 2022 2,640
Provided during the period 660
As at 29 September 2023 3,300
Net Book Value
As at 29 September 2023 -
As at 30 September 2022 660
5. Investment Property
2023
£
Fair Value
As at 30 September 2022 and 29 September 2023 160,000
Page 3
Page 4
6. Investments
Subsidiaries
£
Cost
As at 30 September 2022 -
Additions 98
As at 29 September 2023 98
Provision
As at 30 September 2022 -
As at 29 September 2023 -
Net Book Value
As at 29 September 2023 98
As at 30 September 2022 -
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 174,681 169,372
Other creditors 28,080 22,382
202,761 191,754
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 2,079 3,295
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
Page 4