Acorah Software Products - Accounts Production 16.2.850 false true 28 September 2023 29 September 2022 false 29 September 2023 28 September 2024 28 September 2024 01587850 Mr Alan Beattie Mr William Beattie Mr Alan Beattie false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01587850 2023-09-28 01587850 2024-09-28 01587850 2023-09-29 2024-09-28 01587850 frs-core:BetweenOneFiveYears 2024-09-28 01587850 frs-core:ComputerEquipment 2023-09-29 2024-09-28 01587850 frs-core:FurnitureFittings 2023-09-29 2024-09-28 01587850 frs-core:MoreThanFiveYears 2024-09-28 01587850 frs-core:PlantMachinery 2023-09-29 2024-09-28 01587850 frs-core:WithinOneYear 2024-09-28 01587850 frs-core:ShareCapital 2024-09-28 01587850 frs-core:RetainedEarningsAccumulatedLosses 2024-09-28 01587850 frs-bus:PrivateLimitedCompanyLtd 2023-09-29 2024-09-28 01587850 frs-bus:AbridgedAccounts 2023-09-29 2024-09-28 01587850 frs-bus:SmallEntities 2023-09-29 2024-09-28 01587850 frs-bus:AuditExempt-NoAccountantsReport 2023-09-29 2024-09-28 01587850 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-29 2024-09-28 01587850 1 2023-09-29 2024-09-28 01587850 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-28 01587850 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-28 01587850 frs-bus:Director1 2023-09-29 2024-09-28 01587850 frs-bus:Director2 2023-09-29 2024-09-28 01587850 frs-countries:EnglandWales 2023-09-29 2024-09-28 01587850 2022-09-28 01587850 2023-09-28 01587850 2022-09-29 2023-09-28 01587850 frs-core:BetweenOneFiveYears 2023-09-28 01587850 frs-core:MoreThanFiveYears 2023-09-28 01587850 frs-core:WithinOneYear 2023-09-28 01587850 frs-core:ShareCapital 2023-09-28 01587850 frs-core:RetainedEarningsAccumulatedLosses 2023-09-28 01587850 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-28
Registered number: 01587850
W. De Beattie (Properties) Limited
ABRIDGED Financial Statements
For The Year Ended 28 September 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—6
Page 1
Abridged Balance Sheet
Registered number: 01587850
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,353 77,922
Investment Properties 5 400,000 400,000
465,353 477,922
CURRENT ASSETS
Stocks 445,800 375,576
Debtors 5,674 19,507
Cash at bank and in hand 29,698 30,000
481,172 425,083
Creditors: Amounts Falling Due Within One Year (504,908 ) (430,994 )
NET CURRENT ASSETS (LIABILITIES) (23,736 ) (5,911 )
TOTAL ASSETS LESS CURRENT LIABILITIES 441,617 472,011
PROVISIONS FOR LIABILITIES
Deferred Taxation 6 (50,694 ) (53,836 )
NET ASSETS 390,923 418,175
CAPITAL AND RESERVES
Called up share capital 7 2 2
Fair value reserve 10 294,699 294,699
Profit and Loss Account 96,222 123,474
SHAREHOLDERS' FUNDS 390,923 418,175
Page 1
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For the year ending 28 September 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 Profit and Loss Account and an Abridged Balance Sheet for the year end 28 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Alan Beattie
Director
22 April 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
W. De Beattie (Properties) Limited Registered number 01587850 is a limited by shares company incorporated in England & Wales. The Registered Office is 68 Selby Road, Garforth, Leeds, West Yorkshire, LS25 1LP.
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 the Financial Reporting Standard for Smaller Entities (effective January 2015).
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 rental income.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% straight line
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.5. Stocks and Work in Progress
Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
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. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 6 4
6 4
4. Tangible Assets
Total
£
Cost
As at 29 September 2023 207,623
Additions 9,377
As at 28 September 2024 217,000
Depreciation
As at 29 September 2023 129,701
Provided during the period 21,946
As at 28 September 2024 151,647
Net Book Value
As at 28 September 2024 65,353
As at 29 September 2023 77,922
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Cost or valuation as at 28 September 2024 represented by:
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
At cost 207,588 7,564 1,848 217,000
207,588 7,564 1,848 217,000
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Investment Properties
£
Cost 75,000
5. Investment Property
2024
£
Fair Value
As at 29 September 2023 and 28 September 2024 400,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 75,000 75,000
The investment properties were valued in June 2023 by a Chartered Surveyor on an open market value in accordance with Statement of Asset Valuation Practice and Guidance Notes issued by the Royal Institution of Chartered Surveyors. 
6. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 50,694 53,836
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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8. Other Commitments
At the end of the period the company had annual commitments under non-cancellable operating leases relating to land. The expiry date of the lease is 09 October 2097, and the annual commitment is being reviewed every ten years. The next increase in annual commitment is expected on 10 October 2030. The current commitment is:
2024 2023
£ £
Not later than one year 17,874 17,874
Later than one year and not later than five years 71,496 71,496
Later than five years 1,215,432 1,233,306
1,304,802 1,322,676
9. Pension Commitments
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £37 (PY £37) were due to the fund. They are included in Other Creditors.
10. Reserves
Fair Value Reserve
£
As at 29 September 2023 294,699
As at 28 September 2024 294,699
11. Related Party Transactions
Millrace Farming PartnershipCommon controlThe directors of W De Beattie (Properties) Ltd are partners of Millrace Farming Partnership and during the year, Millrace Farming Partnership lent monies amounting to £nil (PY £1,192) to W De Beattie (Properties) Ltd and was repaid £nil (PY £nil). The amount owed to Millrace Farming Partnership at the year end is £45,192 (PY £45,192).

Millrace Farming Partnership

Common control

The directors of W De Beattie (Properties) Ltd are partners of Millrace Farming Partnership and during the year, Millrace Farming Partnership lent monies amounting to £nil (PY £1,192) to W De Beattie (Properties) Ltd and was repaid £nil (PY £nil). The amount owed to Millrace Farming Partnership at the year end is £45,192 (PY £45,192).

Alan Beattie (Leeds) LimitedAssociated companyDuring the year, W De Beattie (Properties) Ltd recharged costs to Alan Beattie (Leeds) Limited during the year amounting to £10,000 (PY £10,000). Alan Beattie (Leeds) Limited lent monies of £nil (PY £41,000) to W De Beattie (Properties) Limited and W De Beattie (Properties) Limited repaid £nil (PY £3,000) during the year. The balance owing to Alan Beattie (Leeds) Limited at the year end was £93,000 (PY £103,000).

Alan Beattie (Leeds) Limited

Associated company

During the year, W De Beattie (Properties) Ltd recharged costs to Alan Beattie (Leeds) Limited during the year amounting to £10,000 (PY £10,000). Alan Beattie (Leeds) Limited lent monies of £nil (PY £41,000) to W De Beattie (Properties) Limited and W De Beattie (Properties) Limited repaid £nil (PY £3,000) during the year. The balance owing to Alan Beattie (Leeds) Limited at the year end was £93,000 (PY £103,000).

The loans are interest free with no fixed plans for repayment. 
12. Controlling Party
The company's controlling party is Mr Alan Beattie by virtue of his ownership of 50% of the issued share capital in the company.
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