Acorah Software Products - Accounts Production 16.2.850 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 14580644 Mr S R Stanchev Mr S R Stanchev true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14580644 2024-01-31 14580644 2025-01-31 14580644 2024-02-01 2025-01-31 14580644 frs-core:CurrentFinancialInstruments 2025-01-31 14580644 frs-core:ShareCapital 2025-01-31 14580644 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 14580644 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14580644 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 14580644 frs-bus:SmallEntities 2024-02-01 2025-01-31 14580644 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 14580644 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 14580644 frs-bus:OrdinaryShareClass1 2024-02-01 2025-01-31 14580644 frs-bus:OrdinaryShareClass1 2025-01-31 14580644 1 2024-02-01 2025-01-31 14580644 frs-bus:Director1 2024-02-01 2025-01-31 14580644 frs-countries:EnglandWales 2024-02-01 2025-01-31 14580644 2023-01-31 14580644 2024-01-31 14580644 2023-02-01 2024-01-31 14580644 frs-core:CurrentFinancialInstruments 2024-01-31 14580644 frs-core:ShareCapital 2024-01-31 14580644 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14580644 frs-bus:OrdinaryShareClass1 2023-02-01 2024-01-31
Registered number: 14580644
Stanchev Properties Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
E Johnson & Associates Ltd
637 Green Lanes
London
N8 0RE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 14580644
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 11 21
11 21
Creditors: Amounts Falling Due Within One Year 5 (27,361 ) (9,284 )
NET CURRENT ASSETS (LIABILITIES) (27,350 ) (9,263 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,350 ) (9,263 )
NET LIABILITIES (27,350 ) (9,263 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (27,351 ) (9,264 )
SHAREHOLDERS' FUNDS (27,350) (9,263)
For the year ending 31 January 2025 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 S R Stanchev
Director
25th April 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Stanchev Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14580644 . The registered office is 151 Norrington Road, Birmingham, B31 5NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The director has confirmed that the company is not a going concern as it ceased trading as at 31 January 2025.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Debtors
2025 2024
£ £
Due within one year
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 180 30
Other taxes and social security 914 434
Net wages 1,048 1,048
Accruals 600 600
Director's loan account 24,619 7,172
27,361 9,284
6. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
7. Related Party Transactions
During the year, no divdiend was paid to the director.
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr S R Stanchev by virtue of his ownership of 100% of the issued share capital in the company.
Page 2