Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12080680 Mr C M Cochrane Mrs C M Cochrane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12080680 2023-07-31 12080680 2024-07-31 12080680 2023-08-01 2024-07-31 12080680 frs-core:CurrentFinancialInstruments 2024-07-31 12080680 frs-core:Non-currentFinancialInstruments 2024-07-31 12080680 frs-core:ShareCapital 2024-07-31 12080680 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12080680 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12080680 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12080680 frs-bus:SmallEntities 2023-08-01 2024-07-31 12080680 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12080680 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12080680 frs-core:ListedExchangeTraded 2024-07-31 12080680 frs-core:ListedExchangeTraded 2023-07-31 12080680 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-07-31 12080680 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-07-31 12080680 frs-core:OtherIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-07-31 12080680 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-07-31 12080680 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-07-31 12080680 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-07-31 12080680 frs-bus:Director1 2023-08-01 2024-07-31 12080680 frs-bus:Director1 2023-07-31 12080680 frs-bus:Director1 2024-07-31 12080680 frs-bus:Director2 2023-08-01 2024-07-31 12080680 frs-countries:EnglandWales 2023-08-01 2024-07-31 12080680 2022-07-31 12080680 2023-07-31 12080680 2022-08-01 2023-07-31 12080680 frs-core:CurrentFinancialInstruments 2023-07-31 12080680 frs-core:Non-currentFinancialInstruments 2023-07-31 12080680 frs-core:ShareCapital 2023-07-31 12080680 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12080680
Skysense Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Mutu Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12080680
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 302,788 -
Investments 5 1,376,113 461,582
1,678,901 461,582
CURRENT ASSETS
Debtors 6 48,744 -
Cash at bank and in hand 17,036 121,869
65,780 121,869
Creditors: Amounts Falling Due Within One Year 7 (10,437 ) (2,305 )
NET CURRENT ASSETS (LIABILITIES) 55,343 119,564
TOTAL ASSETS LESS CURRENT LIABILITIES 1,734,244 581,146
Creditors: Amounts Falling Due After More Than One Year 8 (1,669,777 ) (585,000 )
NET ASSETS/(LIABILITIES) 64,467 (3,854 )
CAPITAL AND RESERVES
Called up share capital 9 20 20
Profit and Loss Account 64,447 (3,874 )
SHAREHOLDERS' FUNDS 64,467 (3,854)
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
Mr C M Cochrane
Director
28/04/2025
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
Skysense Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12080680 . The registered office is 5A BARTLETT STREET, BARTLETT STREET, BATH, BA1 2QZ.
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
Revenue Recognition
Revenue is recognised upon receipt of rental income in accordance with the terms of tenancy agreements. Income from property sales is recognised on legal completion of the sale.
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 (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 August 2023 -
Additions 302,788
As at 31 July 2024 302,788
5. Investments
Listed
£
Cost
As at 1 August 2023 461,582
Additions 918,842
Other (4,311 )
As at 31 July 2024 1,376,113
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 1,376,113
As at 1 August 2023 461,582
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 48,744 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,444 -
Other creditors 993 2,305
10,437 2,305
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 183,677 -
Other loans 1,486,100 585,000
1,669,777 585,000
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Christopher Cochrane (1,856 ) 51,100 500 - 48,744
The above loan is unsecured, interest free and repayable on demand. 
The loan was repaid within 9 months of the accounting year end. 
Page 4