Acorah Software Products - Accounts Production 16.2.850 false true false 26 July 2023 31 July 2024 31 July 2024 15029079 Mr G T Rowley Mrs R Rowley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15029079 2023-07-25 15029079 2024-07-31 15029079 2023-07-26 2024-07-31 15029079 frs-core:CurrentFinancialInstruments 2024-07-31 15029079 frs-core:Non-currentFinancialInstruments 2024-07-31 15029079 frs-core:FurnitureFittings 2024-07-31 15029079 frs-core:FurnitureFittings 2023-07-26 2024-07-31 15029079 frs-core:FurnitureFittings 2023-07-25 15029079 frs-core:ShareCapital 2024-07-31 15029079 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15029079 frs-bus:PrivateLimitedCompanyLtd 2023-07-26 2024-07-31 15029079 frs-bus:FilletedAccounts 2023-07-26 2024-07-31 15029079 frs-bus:SmallEntities 2023-07-26 2024-07-31 15029079 frs-bus:AuditExempt-NoAccountantsReport 2023-07-26 2024-07-31 15029079 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-26 2024-07-31 15029079 frs-bus:Director1 2023-07-26 2024-07-31 15029079 frs-bus:Director2 2023-07-26 2024-07-31 15029079 frs-countries:EnglandWales 2023-07-26 2024-07-31
Registered number: 15029079
Libertas Property Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15029079
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 3,254
Investment Properties 5 212,766
216,020
CURRENT ASSETS
Cash at bank and in hand 8,134
8,134
Creditors: Amounts Falling Due Within One Year 6 (900 )
NET CURRENT ASSETS (LIABILITIES) 7,234
TOTAL ASSETS LESS CURRENT LIABILITIES 223,254
Creditors: Amounts Falling Due After More Than One Year 7 (227,435 )
NET LIABILITIES (4,181 )
CAPITAL AND RESERVES
Called up share capital 8 2
Profit and Loss Account (4,183 )
SHAREHOLDERS' FUNDS (4,181)
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.
On behalf of the board
Mrs R Rowley
Director
30/09/2024
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
Libertas Property Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15029079 . The registered office is Woodland Lodge Dunston Business Village, Stafford Road, Dunston, Staffordshire, ST18 9AB.
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. 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:
Fixtures & Fittings 5% Straight Line
2.3. 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: 2
2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 26 July 2023 -
Additions 3,425
As at 31 July 2024 3,425
Depreciation
As at 26 July 2023 -
Provided during the period 171
As at 31 July 2024 171
Net Book Value
As at 31 July 2024 3,254
As at 26 July 2023 -
5. Investment Property
2024
£
Fair Value
As at 26 July 2023 -
Additions 212,766
As at 31 July 2024 212,766
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024
£
Accruals and deferred income 900
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other creditors 215,655
Directors loan account 11,780
227,435
8. Share Capital
2024
£
Allotted, Called up and fully paid 2
Page 4