Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 05537503 Mrs P A Crump Mr A Crump Miss H Crump Mrs S McConaughey Mr A Crump iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05537503 2023-08-31 05537503 2024-08-31 05537503 2023-09-01 2024-08-31 05537503 frs-core:CurrentFinancialInstruments 2024-08-31 05537503 frs-core:FurnitureFittings 2024-08-31 05537503 frs-core:FurnitureFittings 2023-09-01 2024-08-31 05537503 frs-core:FurnitureFittings 2023-08-31 05537503 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 05537503 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-01 2024-08-31 05537503 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-31 05537503 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 05537503 frs-core:RevaluationReserve 2023-09-01 2024-08-31 05537503 frs-core:RevaluationReserve 2023-08-31 05537503 frs-core:RevaluationReserve 2024-08-31 05537503 frs-core:ShareCapital 2024-08-31 05537503 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 05537503 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05537503 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 05537503 frs-bus:SmallEntities 2023-09-01 2024-08-31 05537503 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05537503 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05537503 frs-bus:Director1 2023-09-01 2024-08-31 05537503 frs-bus:Director2 2023-09-01 2024-08-31 05537503 frs-bus:Director3 2023-09-01 2024-08-31 05537503 frs-bus:Director4 2023-09-01 2024-08-31 05537503 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 05537503 frs-countries:EnglandWales 2023-09-01 2024-08-31 05537503 2022-08-31 05537503 2023-08-31 05537503 2022-09-01 2023-08-31 05537503 frs-core:CurrentFinancialInstruments 2023-08-31 05537503 frs-core:RevaluationReserve 2023-08-31 05537503 frs-core:ShareCapital 2023-08-31 05537503 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 05537503
Col Crump Properties Limited
Financial Statements
For The Year Ended 31 August 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05537503
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 556,093 544,116
556,093 544,116
CURRENT ASSETS
Debtors 4 - 516
Cash at bank and in hand 31,122 14,442
31,122 14,958
Creditors: Amounts Falling Due Within One Year 5 (263,349 ) (251,019 )
NET CURRENT ASSETS (LIABILITIES) (232,227 ) (236,061 )
TOTAL ASSETS LESS CURRENT LIABILITIES 323,866 308,055
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,080 ) (23,804 )
NET ASSETS 297,786 284,251
CAPITAL AND RESERVES
Called up share capital 6 5 5
Revaluation reserve 7 229,922 217,922
Profit and Loss Account 67,859 66,324
SHAREHOLDERS' FUNDS 297,786 284,251
Page 1
Page 2
For the year ending 31 August 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 A Crump
Director
6 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is represents amounts chargeable in respect of rent.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation charged
Fixtures & Fittings 20 reducing balance basis
1.4. 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.
1.5. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 4 (2023: 4)
4 4
3. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 September 2023 544,000 849 544,849
Revaluation 12,000 - 12,000
As at 31 August 2024 556,000 849 556,849
Depreciation
As at 1 September 2023 - 733 733
Provided during the period - 23 23
As at 31 August 2024 - 756 756
Net Book Value
As at 31 August 2024 556,000 93 556,093
As at 1 September 2023 544,000 116 544,116
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4. Debtors
2024 2023
£ £
Due within one year
Other debtors - 516
- 516
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,274 3,137
Accruals and deferred income 1,464 1,332
Directors' loan accounts 259,611 246,550
263,349 251,019
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 5
7. Reserves
Revaluation Reserve
£
As at 1 September 2023 217,922
Transfer from profit and loss 12,000
As at 31 August 2024 229,922
8. General Information
Col Crump Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05537503 . The registered office is The Willows, Ransom Wood Business Park,, Southwell Road West,, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.
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