Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13481270 Mr S Morris Mr J D Morris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13481270 2023-03-31 13481270 2024-03-31 13481270 2023-04-01 2024-03-31 13481270 frs-core:Non-currentFinancialInstruments 2024-03-31 13481270 frs-core:ShareCapital 2024-03-31 13481270 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13481270 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13481270 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13481270 frs-bus:SmallEntities 2023-04-01 2024-03-31 13481270 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13481270 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13481270 frs-bus:Director1 2023-04-01 2024-03-31 13481270 frs-bus:Director2 2023-04-01 2024-03-31 13481270 frs-countries:EnglandWales 2023-04-01 2024-03-31 13481270 2022-03-31 13481270 2023-03-31 13481270 2022-04-01 2023-03-31 13481270 frs-core:CurrentFinancialInstruments 2023-03-31 13481270 frs-core:Non-currentFinancialInstruments 2023-03-31 13481270 frs-core:ShareCapital 2023-03-31 13481270 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13481270
Morris Property Developments Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13481270
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 444,619 409,619
444,619 409,619
CURRENT ASSETS
Stocks 5 301,449 -
Debtors 6 164,230 293
Cash at bank and in hand 582 100
466,261 393
Creditors: Amounts Falling Due Within One Year 7 (746,478 ) (414,722 )
NET CURRENT ASSETS (LIABILITIES) (280,217 ) (414,329 )
TOTAL ASSETS LESS CURRENT LIABILITIES 164,402 (4,710 )
Creditors: Amounts Falling Due After More Than One Year 8 (180,000 ) -
NET LIABILITIES (15,598 ) (4,710 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (15,698 ) (4,810 )
SHAREHOLDERS' FUNDS (15,598) (4,710)
Page 1
Page 2
For the year ending 31 March 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 S Morris
Director
25/03/2025
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
Morris Property Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13481270 . The registered office is Henstaff Court, Llantrisant Road, Cardiff, CF72 8NG.
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. 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.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 409,619
Additions 35,000
As at 31 March 2024 444,619
5. Stocks
2024 2023
£ £
Work in progress 301,449 -
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 164,053 -
Other debtors 177 293
164,230 293
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to participating interests - 413,642
Other creditors 746,478 1,080
746,478 414,722
Page 3
Page 4
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 180,000 -
180,000 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4