Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11451612 Mr Steven Richardson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11451612 2023-07-31 11451612 2024-07-31 11451612 2023-08-01 2024-07-31 11451612 frs-core:CurrentFinancialInstruments 2024-07-31 11451612 frs-core:ComputerEquipment 2024-07-31 11451612 frs-core:ComputerEquipment 2023-08-01 2024-07-31 11451612 frs-core:ComputerEquipment 2023-07-31 11451612 frs-core:MotorVehicles 2024-07-31 11451612 frs-core:MotorVehicles 2023-08-01 2024-07-31 11451612 frs-core:MotorVehicles 2023-07-31 11451612 frs-core:ShareCapital 2024-07-31 11451612 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11451612 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11451612 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 11451612 frs-bus:SmallEntities 2023-08-01 2024-07-31 11451612 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11451612 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11451612 frs-bus:Director1 2023-08-01 2024-07-31 11451612 frs-countries:EnglandWales 2023-08-01 2024-07-31 11451612 2022-07-31 11451612 2023-07-31 11451612 2022-08-01 2023-07-31 11451612 frs-core:CurrentFinancialInstruments 2023-07-31 11451612 frs-core:ShareCapital 2023-07-31 11451612 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11451612
Ee7 Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
James-Goddard Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11451612
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 6,261
Investment Properties 5 786,388 777,003
786,388 783,264
CURRENT ASSETS
Debtors 6 8,065 2,383
Cash at bank and in hand 196,610 6,155
204,675 8,538
Creditors: Amounts Falling Due Within One Year 7 (1,008,095 ) (801,575 )
NET CURRENT ASSETS (LIABILITIES) (803,420 ) (793,037 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,032 ) (9,773 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,160 ) (12,160 )
NET LIABILITIES (29,192 ) (21,933 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (29,292 ) (22,033 )
SHAREHOLDERS' FUNDS (29,192) (21,933)
Page 1
Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Steven Richardson
Director
09/04/2025
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
Ee7 Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11451612 . The registered office is Penny farm, Fan road, Saundersfoot, SA69 9LZ.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
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 profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: )
1 -
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 25,570 1,318 26,888
Disposals (25,570 ) - (25,570 )
As at 31 July 2024 - 1,318 1,318
Depreciation
As at 1 August 2023 19,503 1,124 20,627
Provided during the period - 194 194
Disposals (19,503 ) - (19,503 )
As at 31 July 2024 - 1,318 1,318
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 - - -
As at 1 August 2023 6,067 194 6,261
5. Investment Property
2024
£
Fair Value
As at 1 August 2023 777,003
Additions 9,385
As at 31 July 2024 786,388
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,383 2,383
Other debtors 5,682 -
8,065 2,383
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,261 6,443
Bank loans and overdrafts 117,453 116,506
Other creditors 881,381 678,626
1,008,095 801,575
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4