Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14145574 Mr Benjamin Feldman Mr Benjamin Feldman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14145574 2023-06-30 14145574 2024-06-30 14145574 2023-07-01 2024-06-30 14145574 frs-core:CurrentFinancialInstruments 2024-06-30 14145574 frs-core:Non-currentFinancialInstruments 2024-06-30 14145574 frs-core:ShareCapital 2024-06-30 14145574 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14145574 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14145574 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14145574 frs-bus:SmallEntities 2023-07-01 2024-06-30 14145574 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14145574 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14145574 1 2023-07-01 2024-06-30 14145574 frs-bus:Director1 2023-07-01 2024-06-30 14145574 frs-countries:EnglandWales 2023-07-01 2024-06-30 14145574 2022-05-31 14145574 2023-06-30 14145574 2022-06-01 2023-06-30 14145574 frs-core:CurrentFinancialInstruments 2023-06-30 14145574 frs-core:Non-currentFinancialInstruments 2023-06-30 14145574 frs-core:ShareCapital 2023-06-30 14145574 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14145574
FELD COMMERCIAL 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: 14145574
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 544,907 544,907
544,907 544,907
CURRENT ASSETS
Debtors 5 1,500 1,500
1,500 1,500
Creditors: Amounts Falling Due Within One Year 6 (296,017 ) (250,341 )
NET CURRENT ASSETS (LIABILITIES) (294,517 ) (248,841 )
TOTAL ASSETS LESS CURRENT LIABILITIES 250,390 296,066
Creditors: Amounts Falling Due After More Than One Year 7 (371,515 ) (371,515 )
NET LIABILITIES (121,125 ) (75,449 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (121,126 ) (75,450 )
SHAREHOLDERS' FUNDS (121,125) (75,449)
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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 Benjamin Feldman
Director
25th March 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
FELD COMMERCIAL LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14145574 . The registered office is 8 Hillcrest Avenue, London, NW11 0EN.
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. 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: NIL (2023: NIL)
- -
4. Investment Property
30 June 2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 544,907
5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Other debtors 1,500 1,500
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6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Bank loans and overdrafts 46,752 46,752
Other creditors 248,895 203,239
Accruals and deferred income 370 350
296,017 250,341
7. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Bank loans 371,515 371,515
8. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 1 1
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Benjamin Feldman by virtue of his ownership of 100% of the issued share capital in the company.
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