Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11506691 Kim Stephenson Neil Stephenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11506691 2023-08-31 11506691 2024-08-31 11506691 2023-09-01 2024-08-31 11506691 frs-core:CurrentFinancialInstruments 2024-08-31 11506691 frs-core:Non-currentFinancialInstruments 2024-08-31 11506691 frs-core:ShareCapital 2024-08-31 11506691 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11506691 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11506691 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11506691 frs-bus:SmallEntities 2023-09-01 2024-08-31 11506691 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11506691 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11506691 frs-bus:Director1 2023-09-01 2024-08-31 11506691 frs-bus:Director2 2023-09-01 2024-08-31 11506691 frs-countries:EnglandWales 2023-09-01 2024-08-31 11506691 2022-08-31 11506691 2023-08-31 11506691 2022-09-01 2023-08-31 11506691 frs-core:CurrentFinancialInstruments 2023-08-31 11506691 frs-core:Non-currentFinancialInstruments 2023-08-31 11506691 frs-core:ShareCapital 2023-08-31 11506691 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11506691
Stephenson Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Fallon & Partners Accountancy LLP
Park House
48 Park Road
Stoke-on-Trent
ST6 1EJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 11506691
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 269,034 269,034
269,034 269,034
CURRENT ASSETS
Cash at bank and in hand 3,370 5,485
3,370 5,485
Creditors: Amounts Falling Due Within One Year 5 (60,969 ) (55,598 )
NET CURRENT ASSETS (LIABILITIES) (57,599 ) (50,113 )
TOTAL ASSETS LESS CURRENT LIABILITIES 211,435 218,921
Creditors: Amounts Falling Due After More Than One Year 6 (201,400 ) (201,400 )
NET ASSETS 10,035 17,521
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 10,033 17,519
SHAREHOLDERS' FUNDS 10,035 17,521
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
Kim Stephenson
Director
11/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Stephenson Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11506691 . The registered office is 20 Infield Gardens, Barrow-In-Furness, LA13 9JW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and the Republic of Ireland - and the Companies Act 2006.
2.2. Turnover
Turnover comprises rental income receivable from tenants.
2.3. Investment Properties
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 on investment properties. Changes in fair values are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 September 2023 and 31 August 2024 269,034
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 360 300
Directors' loan accounts 60,609 55,298
60,969 55,598
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgage loans 201,400 201,400
Mortgage loans are not due for repayment within the next 5 years.
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3