Acorah Software Products - Accounts Production 16.2.850 false true 28 November 2022 29 November 2021 false 29 November 2022 28 November 2023 28 November 2023 04826011 N Lane E Langley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04826011 2022-11-28 04826011 2023-11-28 04826011 2022-11-29 2023-11-28 04826011 frs-core:CurrentFinancialInstruments 2023-11-28 04826011 frs-core:Non-currentFinancialInstruments 2023-11-28 04826011 frs-core:RevaluationReserve 2022-11-28 04826011 frs-core:RevaluationReserve 2023-11-28 04826011 frs-core:ShareCapital 2023-11-28 04826011 frs-core:RetainedEarningsAccumulatedLosses 2023-11-28 04826011 frs-bus:PrivateLimitedCompanyLtd 2022-11-29 2023-11-28 04826011 frs-bus:FilletedAccounts 2022-11-29 2023-11-28 04826011 frs-bus:SmallEntities 2022-11-29 2023-11-28 04826011 frs-bus:AuditExempt-NoAccountantsReport 2022-11-29 2023-11-28 04826011 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-29 2023-11-28 04826011 frs-bus:Director1 2022-11-29 2023-11-28 04826011 frs-bus:Director2 2022-11-29 2023-11-28 04826011 frs-countries:EnglandWales 2022-11-29 2023-11-28 04826011 2021-11-28 04826011 2022-11-28 04826011 2021-11-29 2022-11-28 04826011 frs-core:CurrentFinancialInstruments 2022-11-28 04826011 frs-core:Non-currentFinancialInstruments 2022-11-28 04826011 frs-core:RevaluationReserve 2022-11-28 04826011 frs-core:ShareCapital 2022-11-28 04826011 frs-core:RetainedEarningsAccumulatedLosses 2022-11-28
Registered number: 04826011
Henley Property Developments Limited
Unaudited Financial Statements
For The Year Ended 28 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04826011
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 3,365,293 3,365,293
3,365,293 3,365,293
CURRENT ASSETS
Debtors 5 2,065,116 1,460,123
Cash at bank and in hand 1,653 1,802
2,066,769 1,461,925
Creditors: Amounts Falling Due Within One Year 6 (2,825,218 ) (2,176,693 )
NET CURRENT ASSETS (LIABILITIES) (758,449 ) (714,768 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,606,844 2,650,525
Creditors: Amounts Falling Due After More Than One Year 7 (1,472,475 ) (1,472,475 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (167,704 ) (167,704 )
NET ASSETS 966,665 1,010,346
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 1,430,278 1,430,278
Profit and Loss Account (463,713 ) (420,032 )
SHAREHOLDERS' FUNDS 966,665 1,010,346
Page 1
Page 2
For the year ending 28 November 2023 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
N Lane
Director
25/04/2025
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
Henley Property Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04826011 . The registered office is 42 Rydal House, Woodstock, Oxfordshire, OX20 1TG.
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. 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: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 29 November 2022 and 28 November 2023 3,365,293
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by group undertakings 506,600 475,440
Other debtors 1,558,516 984,683
2,065,116 1,460,123
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 7,745 16,924
Amounts owed to group undertakings 1,523,611 1,522,287
Other creditors 1,293,862 637,482
2,825,218 2,176,693
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 1,472,475 1,472,475
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 29 November 2022 1,430,278
As at 28 November 2023 1,430,278
Page 4