Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05547981 Mrs Victoria Kilcoyne Mr Timothy Scanlan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05547981 2023-12-31 05547981 2024-12-31 05547981 2024-01-01 2024-12-31 05547981 frs-core:Non-currentFinancialInstruments 2024-12-31 05547981 frs-core:ShareCapital 2024-12-31 05547981 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05547981 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05547981 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 05547981 frs-bus:SmallEntities 2024-01-01 2024-12-31 05547981 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 05547981 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05547981 frs-bus:Director1 2024-01-01 2024-12-31 05547981 frs-bus:Director2 2024-01-01 2024-12-31 05547981 frs-countries:EnglandWales 2024-01-01 2024-12-31 05547981 2022-12-31 05547981 2023-12-31 05547981 2023-01-01 2023-12-31 05547981 frs-core:Non-currentFinancialInstruments 2023-12-31 05547981 frs-core:ShareCapital 2023-12-31 05547981 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05547981
Tescan Properties Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Tescan Properties Limited for the year ended 31 December 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tescan Properties Limited 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Tescan Properties Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Tescan Properties Limited and state those matters that we have agreed to state to the directors of Tescan Properties Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tescan Properties Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Tescan Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Tescan Properties Limited . You consider that Tescan Properties Limited 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 accounts of Tescan Properties Limited . 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 financial statements.
Signed
12 March 2025
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Abridged Balance Sheet
Registered number: 05547981
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 122,000 122,000
122,000 122,000
CURRENT ASSETS
Debtors - 457
Cash at bank and in hand 21,200 24,777
21,200 25,234
Creditors: Amounts Falling Due Within One Year (32,632 ) (31,694 )
NET CURRENT ASSETS (LIABILITIES) (11,432 ) (6,460 )
TOTAL ASSETS LESS CURRENT LIABILITIES 110,568 115,540
Creditors: Amounts Falling Due After More Than One Year (109,115 ) (109,115 )
NET ASSETS 1,453 6,425
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 1,353 6,325
SHAREHOLDERS' FUNDS 1,453 6,425
Page 2
Page 3
For the year ending 31 December 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Victoria Kilcoyne
Director
12 March 2025
The notes on page 4 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Tescan Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05547981 . The registered office is CKR House, 70 East Hill, Dartford, Kent, DA1 1RZ.
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 rendering of services.
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.
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to 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 January 2024 and 31 December 2024 122,000
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4