Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10301581 Adam Laurence Kay Larcombe Dean Milton Adam Laurence Christine Moore Shaun Dimond Howard Potter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10301581 2023-07-31 10301581 2024-07-31 10301581 2023-08-01 2024-07-31 10301581 frs-core:Non-currentFinancialInstruments 2024-07-31 10301581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 10301581 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10301581 frs-core:MotorVehicles 2023-08-01 2024-07-31 10301581 frs-core:PlantMachinery 2023-08-01 2024-07-31 10301581 frs-core:ShareCapital 2024-07-31 10301581 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10301581 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10301581 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 10301581 frs-bus:SmallEntities 2023-08-01 2024-07-31 10301581 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10301581 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10301581 frs-bus:Director1 2023-08-01 2024-07-31 10301581 frs-bus:Director2 2023-08-01 2024-07-31 10301581 frs-bus:Director3 2023-08-01 2024-07-31 10301581 frs-bus:Director4 2023-08-01 2024-07-31 10301581 frs-bus:Director5 2023-08-01 2024-07-31 10301581 frs-bus:Director6 2023-08-01 2024-07-31 10301581 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 10301581 frs-countries:EnglandWales 2023-08-01 2024-07-31 10301581 2022-07-31 10301581 2023-07-31 10301581 2022-08-01 2023-07-31 10301581 frs-core:Non-currentFinancialInstruments 2023-07-31 10301581 frs-core:ShareCapital 2023-07-31 10301581 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10301581
Rowan House Penarth Freehold Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Potter a'i Gwmni
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 10301581
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48,445 48,445
48,445 48,445
CURRENT ASSETS
Cash at bank and in hand 9,491 6,349
9,491 6,349
Creditors: Amounts Falling Due Within One Year (10,760 ) (8,123 )
NET CURRENT ASSETS (LIABILITIES) (1,269 ) (1,774 )
TOTAL ASSETS LESS CURRENT LIABILITIES 47,176 46,671
Creditors: Amounts Falling Due After More Than One Year (48,445 ) (48,445 )
NET LIABILITIES (1,269 ) (1,774 )
CAPITAL AND RESERVES
Called up share capital 5 5 5
Profit and Loss Account (1,274 ) (1,779 )
SHAREHOLDERS' FUNDS (1,269) (1,774)
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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Adam Laurence
Director
09/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Rowan House Penarth Freehold Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10301581 . The registered office is 10 Y Sgwar Heol Yr Orsaf, Dinas Powys, Cymru / Wales, CF64 4YR.
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 contributions of the lease holders and from the rendering of services. Turnover is reduced for rebates and other similar allowances.
Contributions
Turnover from the contributions of leaseholders is recognised when the significant risks and rewards of ownership of the servces has transferred to them. This is usually at the point that the commom works have been completed. Howvever, the charges are mandatory upon occupation.
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. However, the amounts are nominal relating to the orginal set up of the Manangement Company. Over time the amounts will be extinguished on changes of ownership. Depreciation would normally be provided at rates calculated to write off the cost of any fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 20
Leasehold 0
Plant & Machinery 20
Motor Vehicles 20
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 1 August 2023 48,445
As at 31 July 2024 48,445
Net Book Value
As at 31 July 2024 48,445
As at 1 August 2023 48,445
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 5
Page 3