Acorah Software Products - Accounts Production 16.1.300 false true 29 March 2023 1 April 2022 false 30 March 2023 29 March 2024 29 March 2024 12491603 Dr Mandeep Lamba Mrs Jyotika Kaur Kohli iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12491603 2023-03-29 12491603 2024-03-29 12491603 2023-03-30 2024-03-29 12491603 frs-core:CurrentFinancialInstruments 2024-03-29 12491603 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-29 12491603 frs-core:InvestmentPropertyIncludedWithinPPE 2023-03-29 12491603 frs-core:ShareCapital 2024-03-29 12491603 frs-core:RetainedEarningsAccumulatedLosses 2024-03-29 12491603 frs-bus:PrivateLimitedCompanyLtd 2023-03-30 2024-03-29 12491603 frs-bus:FilletedAccounts 2023-03-30 2024-03-29 12491603 frs-bus:SmallEntities 2023-03-30 2024-03-29 12491603 frs-bus:AuditExempt-NoAccountantsReport 2023-03-30 2024-03-29 12491603 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-30 2024-03-29 12491603 frs-bus:Director1 2023-03-30 2024-03-29 12491603 frs-bus:Director2 2023-03-30 2024-03-29 12491603 frs-countries:EnglandWales 2023-03-30 2024-03-29 12491603 2022-03-31 12491603 2023-03-29 12491603 2022-04-01 2023-03-29 12491603 frs-core:CurrentFinancialInstruments 2023-03-29 12491603 frs-core:ShareCapital 2023-03-29 12491603 frs-core:RetainedEarningsAccumulatedLosses 2023-03-29
Registered number: 12491603
88 Portsea Hall Limited
Financial Statements
For The Year Ended 29 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12491603
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 501,800 501,800
501,800 501,800
CURRENT ASSETS
Debtors 5 149,000 60,000
Cash at bank and in hand 1,909 72,657
150,909 132,657
Creditors: Amounts Falling Due Within One Year 6 (641,100 ) (647,255 )
NET CURRENT ASSETS (LIABILITIES) (490,191 ) (514,598 )
TOTAL ASSETS LESS CURRENT LIABILITIES 11,609 (12,798 )
NET ASSETS/(LIABILITIES) 11,609 (12,798 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 11,608 (12,799 )
SHAREHOLDERS' FUNDS 11,609 (12,798)
For the year ending 29 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
Mrs Jyotika Kaur Kohli
Director
27 March 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
88 Portsea Hall Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12491603 . The registered office is 50 Meadow Way, Chigwell, Essex, IG7 6LR.
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 for rent receivable, net of discounts.
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. Tangible Assets
Investment Properties
£
Cost
As at 30 March 2023 501,800
As at 29 March 2024 501,800
Net Book Value
As at 29 March 2024 501,800
As at 30 March 2023 501,800
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 149,000 60,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 580 -
Corporation tax 3,165 -
Other creditors 637,355 647,255
641,100 647,255
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2