Acorah Software Products - Accounts Production 16.1.300 false true false 6 July 2023 31 July 2024 31 July 2024 14984843 Mr Dean Davies Mr Victor Safadi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14984843 2023-07-05 14984843 2024-07-31 14984843 2023-07-06 2024-07-31 14984843 frs-core:CurrentFinancialInstruments 2024-07-31 14984843 frs-core:ShareCapital 2024-07-31 14984843 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14984843 frs-bus:PrivateLimitedCompanyLtd 2023-07-06 2024-07-31 14984843 frs-bus:FilletedAccounts 2023-07-06 2024-07-31 14984843 frs-bus:SmallEntities 2023-07-06 2024-07-31 14984843 frs-bus:AuditExempt-NoAccountantsReport 2023-07-06 2024-07-31 14984843 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-06 2024-07-31 14984843 frs-bus:Director1 2023-07-06 2024-07-31 14984843 frs-bus:Director2 2023-07-06 2024-07-31 14984843 frs-countries:EnglandWales 2023-07-06 2024-07-31
Registered number: 14984843
v And d Properties Ltd
Unaudited Financial Statements
For the Period 6 July 2023 to 31 July 2024
Butler & Co Accountancy Services
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14984843
31 July 2024
Notes £ £
CURRENT ASSETS
Stocks 4 372,000
Debtors 5 27,283
Cash at bank and in hand 14,080
413,363
Creditors: Amounts Falling Due Within One Year 6 (412,765 )
NET CURRENT ASSETS (LIABILITIES) 598
TOTAL ASSETS LESS CURRENT LIABILITIES 598
NET ASSETS 598
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 498
SHAREHOLDERS' FUNDS 598
For the period ending 31 July 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 Dean Davies
Director
Mr Victor Safadi
Director
04/04/2025
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
v And d Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14984843 . The registered office is Marcholws, Peniel, Carmarthen, SA32 7AA.
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. 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.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Stocks
31 July 2024
£
Finished goods 372,000
5. Debtors
31 July 2024
£
Due within one year
Other debtors 27,283
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 10,644
Bank loans and overdrafts 15,705
Other loans 97,103
Other creditors 289,186
Taxation and social security 127
412,765
7. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
Actionfold Ltda company controlled by the Diretor Mr VIctor Safadi£15,705.19

Actionfold Ltd

a company controlled by the Diretor Mr VIctor Safadi

£15,705.19

Loan made during the year
Page 3