Acorah Software Products - Accounts Production 16.2.850 false true false 19 September 2023 30 September 2024 30 September 2024 15146761 Mrs Karen Mawdsley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15146761 2023-09-18 15146761 2024-09-30 15146761 2023-09-19 2024-09-30 15146761 frs-core:Non-currentFinancialInstruments 2024-09-30 15146761 frs-core:OtherReservesSubtotal 2024-09-30 15146761 frs-core:ShareCapital 2024-09-30 15146761 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 15146761 frs-bus:PrivateLimitedCompanyLtd 2023-09-19 2024-09-30 15146761 frs-bus:FilletedAccounts 2023-09-19 2024-09-30 15146761 frs-bus:SmallEntities 2023-09-19 2024-09-30 15146761 frs-bus:AuditExempt-NoAccountantsReport 2023-09-19 2024-09-30 15146761 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-19 2024-09-30 15146761 frs-bus:Director1 2023-09-19 2024-09-30 15146761 frs-countries:EnglandWales 2023-09-19 2024-09-30
Registered number: 15146761
SKIE Property Limited
Unaudited Financial Statements
For the Period 19 September 2023 to 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15146761
30 September 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 270,000
270,000
CURRENT ASSETS
Cash at bank and in hand 7,998
7,998
Creditors: Amounts Falling Due Within One Year 5 (15,480 )
NET CURRENT ASSETS (LIABILITIES) (7,482 )
TOTAL ASSETS LESS CURRENT LIABILITIES 262,518
Creditors: Amounts Falling Due After More Than One Year 6 (259,000 )
NET ASSETS 3,518
CAPITAL AND RESERVES
Called up share capital 7 100
Other reserves 3,678
Profit and Loss Account (260 )
SHAREHOLDERS' FUNDS 3,518
For the period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Karen Mawdsley
Director
4 April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
SKIE Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15146761 . The registered office is 100a Blundells Lane Rainhill, Prescot, Merseyside, L35 6NB.
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
Rent received from investment properties is recognised as revenue on a straight-line basis over the lease term
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 period was: NIL
-
4. Investment Property
30 September 2024
£
Fair Value
As at 19 September 2023 -
Additions 266,322
Fair value adjustments 3,678
As at 30 September 2024 270,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
30 September 2024
£
Cost 266,322
Accumulated depreciation and impairment 5,326
Carrying amount 260,996
The properties were valued by the director as at 30 September 2024.
5. Creditors: Amounts Falling Due Within One Year
30 September 2024
£
Other creditors 15,480
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
30 September 2024
£
Other creditors 259,000
7. Share Capital
30 September 2024
£
Allotted, Called up and fully paid 100
Page 3