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 04815484 Mr Stephen John Mr Michael Brewer Mr Stephen John iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04815484 2023-06-30 04815484 2024-06-30 04815484 2023-07-01 2024-06-30 04815484 frs-core:CurrentFinancialInstruments 2024-06-30 04815484 frs-core:Non-currentFinancialInstruments 2024-06-30 04815484 frs-core:ShareCapital 2024-06-30 04815484 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04815484 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04815484 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04815484 frs-bus:SmallEntities 2023-07-01 2024-06-30 04815484 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04815484 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04815484 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-06-30 04815484 frs-bus:Director1 2023-07-01 2024-06-30 04815484 frs-bus:Director2 2023-07-01 2024-06-30 04815484 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 04815484 frs-countries:EnglandWales 2023-07-01 2024-06-30 04815484 2022-06-30 04815484 2023-06-30 04815484 2022-07-01 2023-06-30 04815484 frs-core:CurrentFinancialInstruments 2023-06-30 04815484 frs-core:Non-currentFinancialInstruments 2023-06-30 04815484 frs-core:ShareCapital 2023-06-30 04815484 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04815484 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-06-30
B J Property Developments Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
One Plus One Taunton Ltd
4 Discovery House
Cook Way
Taunton
Somerset
TA2 6BJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04815484
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 380,000 540,000
380,000 540,000
CURRENT ASSETS
Debtors 5 396 158
Cash at bank and in hand 11,123 1,853
11,519 2,011
Creditors: Amounts Falling Due Within One Year 6 (2,064 ) (7,593 )
NET CURRENT ASSETS (LIABILITIES) 9,455 (5,582 )
TOTAL ASSETS LESS CURRENT LIABILITIES 389,455 534,418
Creditors: Amounts Falling Due After More Than One Year 7 (267,162 ) (378,129 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,514 ) (33,320 )
NET ASSETS 104,779 122,969
CAPITAL AND RESERVES
Called up share capital 9 200 200
Fair value reserve 58,860 142,033
Profit and Loss Account 45,719 (19,264 )
SHAREHOLDERS' FUNDS 104,779 122,969
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 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 Michael Brewer
Director
24/03/2025
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
B J Property Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04815484 . The registered office is The Old Police House Buttsway, Milverton, Taunton, Somerset, TA4 1LY.
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 represents rental income from residential property receivable in respect of the period.
The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
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
2024
£
Fair Value
As at 1 July 2023 540,000
Disposals (150,000 )
Revaluations (10,000)
As at 30 June 2024 380,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 396 158
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Other creditors 2,063 7,593
2,064 7,593
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 267,162 378,129
Page 3
Page 4
8. Secured Creditors
Creditors due after more than five years include bank borrowings not repayable by instalments of £267,161 (2023 - £378,129).
Bank borrowings due after five years are secured by a fixed charge over the company's investment properties.
2024 2023
£ £
Bank loans and overdrafts 267,161 378,129
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 4