Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 19 October 2022 false 1 July 2023 30 June 2024 30 June 2024 14430096 Mr David Harding Mr Ryan Bradley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14430096 2023-06-30 14430096 2024-06-30 14430096 2023-07-01 2024-06-30 14430096 frs-core:CurrentFinancialInstruments 2024-06-30 14430096 frs-core:ShareCapital 2024-06-30 14430096 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14430096 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14430096 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14430096 frs-bus:SmallEntities 2023-07-01 2024-06-30 14430096 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14430096 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14430096 frs-bus:Director1 2023-07-01 2024-06-30 14430096 frs-bus:Director2 2023-07-01 2024-06-30 14430096 frs-bus:Director2 2023-06-30 14430096 frs-bus:Director2 2024-06-30 14430096 frs-countries:EnglandWales 2023-07-01 2024-06-30 14430096 2022-10-18 14430096 2023-06-30 14430096 2022-10-19 2023-06-30 14430096 frs-core:CurrentFinancialInstruments 2023-06-30 14430096 frs-core:ShareCapital 2023-06-30 14430096 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14430096
Very Lettings Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Whittles LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14430096
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 309,986 286,835
309,986 286,835
CURRENT ASSETS
Debtors 5 (1,647 ) (1,900 )
Cash at bank and in hand 2,789 15,823
1,142 13,923
Creditors: Amounts Falling Due Within One Year 6 (313,449 ) (301,636 )
NET CURRENT ASSETS (LIABILITIES) (312,307 ) (287,713 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,321 ) (878 )
NET LIABILITIES (2,321 ) (878 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (2,421 ) (978 )
SHAREHOLDERS' FUNDS (2,321) (878)
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 David Harding
Director
Mr Ryan Bradley
Director
19/02/2025
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
Very Lettings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14430096 . The registered office is 1 Richmond Road, Lytham St Annes, Lancashire, FY8 1PE.
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 286,835
Additions 23,151
As at 30 June 2024 309,986
5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Other debtors (1,647) (1,900)
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Page 4
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Other loans 311,580 301,536
Other creditors 1,869 100
313,449 301,636
7. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Ryan Bradley - 565 (312 ) - 253
The above loan is unsecured, interest free and repayable on demand.
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