Acorah Software Products - Accounts Production 16.2.850 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 13864853 Julie Bull Harry Martyn Bull iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13864853 2024-01-31 13864853 2025-01-31 13864853 2024-02-01 2025-01-31 13864853 frs-core:CurrentFinancialInstruments 2025-01-31 13864853 frs-core:Non-currentFinancialInstruments 2025-01-31 13864853 frs-core:ComputerEquipment 2024-02-01 2025-01-31 13864853 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 13864853 frs-core:PlantMachinery 2025-01-31 13864853 frs-core:PlantMachinery 2024-02-01 2025-01-31 13864853 frs-core:PlantMachinery 2024-01-31 13864853 frs-core:ShareCapital 2025-01-31 13864853 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 13864853 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13864853 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 13864853 frs-bus:SmallEntities 2024-02-01 2025-01-31 13864853 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13864853 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13864853 frs-bus:Director1 2024-02-01 2025-01-31 13864853 frs-bus:Director2 2024-02-01 2025-01-31 13864853 frs-countries:EnglandWales 2024-02-01 2025-01-31 13864853 2023-01-31 13864853 2024-01-31 13864853 2023-02-01 2024-01-31 13864853 frs-core:CurrentFinancialInstruments 2024-01-31 13864853 frs-core:Non-currentFinancialInstruments 2024-01-31 13864853 frs-core:ShareCapital 2024-01-31 13864853 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 13864853
Bullitt Properties Limited
Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13864853
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 109 164
Investment Properties 5 167,273 167,273
167,382 167,437
CURRENT ASSETS
Cash at bank and in hand 5,055 2,898
5,055 2,898
Creditors: Amounts Falling Due Within One Year 7 (58,733 ) (58,530 )
NET CURRENT ASSETS (LIABILITIES) (53,678 ) (55,632 )
TOTAL ASSETS LESS CURRENT LIABILITIES 113,704 111,805
Creditors: Amounts Falling Due After More Than One Year 8 (109,943 ) (113,354 )
NET ASSETS/(LIABILITIES) 3,761 (1,549 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 3,759 (1,551 )
SHAREHOLDERS' FUNDS 3,761 (1,549)
Page 1
Page 2
For the year ending 31 January 2025 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 Income Statement.
On behalf of the board
Harry Martyn Bull
Director
10/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bullitt Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13864853 . The registered office is 85 Ashbourne Road, Mackworth, Derby, DE22 4LZ.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. 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 0%
Computer Equipment 33% reducing balance
2.4. 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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost or Valuation
As at 1 February 2024 369
As at 31 January 2025 369
Depreciation
As at 1 February 2024 205
Provided during the period 55
As at 31 January 2025 260
Net Book Value
As at 31 January 2025 109
As at 1 February 2024 164
5. Investment Property
2025
£
Fair Value
As at 1 February 2024 and 31 January 2025 167,273
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 4,148 4,148
Other creditors 54,585 54,382
58,733 58,530
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 109,943 113,354
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4