Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11539465 Mr Jahangir Guseynov Mr Cleriosan Sousa Costa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11539465 2023-08-31 11539465 2024-08-31 11539465 2023-09-01 2024-08-31 11539465 frs-core:CurrentFinancialInstruments 2024-08-31 11539465 frs-core:Non-currentFinancialInstruments 2024-08-31 11539465 frs-core:ShareCapital 2024-08-31 11539465 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11539465 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11539465 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11539465 frs-bus:SmallEntities 2023-09-01 2024-08-31 11539465 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11539465 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11539465 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 11539465 frs-bus:OrdinaryShareClass1 2024-08-31 11539465 frs-bus:Director1 2023-09-01 2024-08-31 11539465 frs-bus:Director2 2023-09-01 2024-08-31 11539465 frs-countries:EnglandWales 2023-09-01 2024-08-31 11539465 2022-08-31 11539465 2023-08-31 11539465 2022-09-01 2023-08-31 11539465 frs-core:CurrentFinancialInstruments 2023-08-31 11539465 frs-core:Non-currentFinancialInstruments 2023-08-31 11539465 frs-core:ShareCapital 2023-08-31 11539465 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11539465 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 11539465
Airlandlords Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
More Group (Accounting) Limited
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Directors Mr Jahangir Guseynov
Mr Cleriosan Sousa Costa
Company Number 11539465
Registered Office 25 Eccleston Place
London
SW1W 9NF
Accountants More Group (Accounting) Limited
1 Giltspur Street
Farringdon
London
EC1A 9DD
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Balance Sheet
Registered number: 11539465
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 388 100
Cash at bank and in hand 6,872 8,534
7,260 8,634
Creditors: Amounts Falling Due Within One Year 5 (12,186 ) (3,274 )
NET CURRENT ASSETS (LIABILITIES) (4,926 ) 5,360
TOTAL ASSETS LESS CURRENT LIABILITIES (4,926 ) 5,360
Creditors: Amounts Falling Due After More Than One Year 6 (7,004 ) (8,423 )
NET LIABILITIES (11,930 ) (3,063 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (12,030 ) (3,163 )
SHAREHOLDERS' FUNDS (11,930) (3,063)
For the year ending 31 August 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 Jahangir Guseynov
Director
28/04/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Airlandlords Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11539465 . The registered office is 25 Eccleston Place, London, SW1W 9NF.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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 year 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.4. Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.


2.5. Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 288 -
Called up share capital not paid 100 100
388 100
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,835 2,441
Corporation tax (247 ) 247
VAT 4,250 -
Directors' loan accounts 348 586
12,186 3,274
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,004 8,423
7. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Related Party Transactions
During the year, business development fee of £ 52,746 (2023: £24,375) was paid to Auris Property Advisers Ltd, a company registered in the UK and under common director control towards interest-free working capital loan which is repayable on demand.
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