Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06281720 Ms Kawalpal Kaur Chadha Ms Kawalpal Kaur Chadha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06281720 2023-06-30 06281720 2024-06-30 06281720 2023-07-01 2024-06-30 06281720 frs-core:CurrentFinancialInstruments 2024-06-30 06281720 frs-core:Non-currentFinancialInstruments 2024-06-30 06281720 frs-core:RevaluationReserve 2023-06-30 06281720 frs-core:RevaluationReserve 2024-06-30 06281720 frs-core:ShareCapital 2024-06-30 06281720 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06281720 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06281720 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06281720 frs-bus:SmallEntities 2023-07-01 2024-06-30 06281720 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06281720 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06281720 frs-bus:Director1 2023-07-01 2024-06-30 06281720 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 06281720 frs-countries:EnglandWales 2023-07-01 2024-06-30 06281720 2022-06-30 06281720 2023-06-30 06281720 2022-07-01 2023-06-30 06281720 frs-core:CurrentFinancialInstruments 2023-06-30 06281720 frs-core:Non-currentFinancialInstruments 2023-06-30 06281720 frs-core:RevaluationReserve 2023-06-30 06281720 frs-core:ShareCapital 2023-06-30 06281720 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06281720
Spencer Home UK Limited
Financial Statements
For The Year Ended 30 June 2024
SAWHNEY CONSULTING
Harrow Business Center
429 - 433 Pinner Road
North Harrow
HA1 4HN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06281720
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 550,000 550,000
550,000 550,000
CURRENT ASSETS
Debtors 5 108,000 -
Cash at bank and in hand 6,637 96,013
114,637 96,013
Creditors: Amounts Falling Due Within One Year 6 (99,820 ) (99,620 )
NET CURRENT ASSETS (LIABILITIES) 14,817 (3,607 )
TOTAL ASSETS LESS CURRENT LIABILITIES 564,817 546,393
Creditors: Amounts Falling Due After More Than One Year 7 (152,648 ) (152,648 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,601 ) (35,601 )
NET ASSETS 376,568 358,144
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 151,772 151,772
Profit and Loss Account 224,696 206,272
SHAREHOLDERS' FUNDS 376,568 358,144
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 her 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
Ms Kawalpal Kaur Chadha
Director
27 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
Spencer Home UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06281720 . The registered office is 26 Jesmond Way, Stanmore, Middlesex, HA7 4QR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
2.3. Investment Properties
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included 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
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 550,000
As per FRS 102 the director has revalued the property on the basis of current market value (fairvalue) which has been representated on the financial statement. The gain or loss is provided to revaluation reserve.
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 108,000 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 95,489 95,183
Taxation and social security 4,331 4,437
99,820 99,620
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 152,648 152,648
Bank loan is secured by a legal charge over the investment property owned by the company.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 July 2023 151,772
As at 30 June 2024 151,772
10. Other information
SPENCER HOME UK LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
26 Jesmond Way
Stanmore
Middlesex
HA7 4QR
Page 4