Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 13460880 Mr J Borchardt Mr M Allsuch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13460880 2023-06-30 13460880 2024-06-30 13460880 2023-07-01 2024-06-30 13460880 frs-core:CurrentFinancialInstruments 2024-06-30 13460880 frs-core:Non-currentFinancialInstruments 2024-06-30 13460880 frs-core:ShareCapital 2024-06-30 13460880 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 13460880 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13460880 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 13460880 frs-bus:SmallEntities 2023-07-01 2024-06-30 13460880 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 13460880 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 13460880 frs-bus:Director1 2023-07-01 2024-06-30 13460880 frs-bus:Director2 2023-07-01 2024-06-30 13460880 frs-countries:EnglandWales 2023-07-01 2024-06-30 13460880 2022-06-30 13460880 2023-06-30 13460880 2022-07-01 2023-06-30 13460880 frs-core:CurrentFinancialInstruments 2023-06-30 13460880 frs-core:Non-currentFinancialInstruments 2023-06-30 13460880 frs-core:ShareCapital 2023-06-30 13460880 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 13460880
Borchardt Capital Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Daniel Wolfson & Co Ltd
382 Dns House Kenton Road
Harrow
Greater London
HA3 8DP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Borchardt Capital Ltd for the year ended 30 June 2024 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the directors of Borchardt Capital Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Borchardt Capital Ltd and state those matters that we have agreed to state to the directors of Borchardt Capital Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Borchardt Capital Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Borchardt Capital Ltd . You consider that Borchardt Capital Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Borchardt Capital Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Signed
27/03/2025
Daniel Wolfson & Co Ltd
382 Dns House Kenton Road
Harrow
Greater London
HA3 8DP
Page 1
Page 2
Balance Sheet
Registered number: 13460880
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 374,923 374,923
374,923 374,923
CURRENT ASSETS
Debtors 5 386 388
386 388
Creditors: Amounts Falling Due Within One Year 6 (9,124 ) (3,802 )
NET CURRENT ASSETS (LIABILITIES) (8,738 ) (3,414 )
TOTAL ASSETS LESS CURRENT LIABILITIES 366,185 371,509
Creditors: Amounts Falling Due After More Than One Year 7 (369,999 ) (376,700 )
NET LIABILITIES (3,814 ) (5,191 )
CAPITAL AND RESERVES
Called up share capital 8 1 100
Profit and Loss Account (3,815 ) (5,291 )
SHAREHOLDERS' FUNDS (3,814) (5,191)
Page 2
Page 3
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 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.
On behalf of the board
Mr M Allsuch
Director
27/03/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Borchardt Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13460880 . The registered office is Flat 14 Haddon Court, 1 Hanbury Close, London, NW4 1QQ.
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 accounts have been prepared on a going concern basis given the continued financial support of the company's directors and its bankers.
2.3. Turnover
Turnover represents rents receivable.
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.
2.5. Taxation
Income tax expense represents the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 374,923
The investment properties have been valued at the balance sheet date by the directors, who believe the carrying value to be its fair value. There has been no valuation of investment properties done by an independent valuer.
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 386 388
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,860 3,802
Accruals and deferred income 660 -
Directors' loan accounts 4,604 -
9,124 3,802
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgage loan 254,499 251,200
Directors loan account 115,500 125,500
369,999 376,700
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 100
Page 5