Acorah Software Products - Accounts Production 16.3.350 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 09827726 Mr M J Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09827726 2023-10-31 09827726 2024-10-31 09827726 2023-11-01 2024-10-31 09827726 frs-core:CurrentFinancialInstruments 2024-10-31 09827726 frs-core:Non-currentFinancialInstruments 2024-10-31 09827726 frs-core:FurnitureFittings 2024-10-31 09827726 frs-core:FurnitureFittings 2023-11-01 2024-10-31 09827726 frs-core:FurnitureFittings 2023-10-31 09827726 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-31 09827726 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 09827726 frs-core:ShareCapital 2024-10-31 09827726 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09827726 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09827726 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09827726 frs-bus:SmallEntities 2023-11-01 2024-10-31 09827726 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09827726 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09827726 frs-bus:Director1 2023-11-01 2024-10-31 09827726 frs-countries:EnglandWales 2023-11-01 2024-10-31 09827726 2022-10-31 09827726 2023-10-31 09827726 2022-11-01 2023-10-31 09827726 frs-core:CurrentFinancialInstruments 2023-10-31 09827726 frs-core:Non-currentFinancialInstruments 2023-10-31 09827726 frs-core:ShareCapital 2023-10-31 09827726 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 09827726
CFW Properties Ltd.
Unaudited Financial Statements
For The Year Ended 31 October 2024
Pecuniary Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09827726
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,050,983 1,050,983
1,050,983 1,050,983
CURRENT ASSETS
Debtors 5 1,555 1,202
Cash at bank and in hand 8,679 1,418
10,234 2,620
Creditors: Amounts Falling Due Within One Year 6 (801,712 ) (792,491 )
NET CURRENT ASSETS (LIABILITIES) (791,478 ) (789,871 )
TOTAL ASSETS LESS CURRENT LIABILITIES 259,505 261,112
Creditors: Amounts Falling Due After More Than One Year 7 (291,574 ) (291,574 )
NET LIABILITIES (32,069 ) (30,462 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (32,169 ) (30,562 )
SHAREHOLDERS' FUNDS (32,069) (30,462)
Page 1
Page 2
For the year ending 31 October 2024 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 M J Wilson
Director
28/03/2025
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
CFW Properties Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09827726 . The registered office is Erwlon, Defynnog, Brecon, LD3 8SE.
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. Going Concern Disclosure
At 31 October 2024 the company had net liabilities of £32,069 (2023 - £30,462). However, the going concern basis of preparation is considered to be appropriate as the company has the continuing support of the director to enable it to meet its liabilities as they fall due for payment.
2.3. Turnover
Turnover represents net rental income.
2.4. 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 25% on cost
2.5. 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: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2023 1,050,983 14,382 1,065,365
As at 31 October 2024 1,050,983 14,382 1,065,365
Depreciation
As at 1 November 2023 - 14,382 14,382
As at 31 October 2024 - 14,382 14,382
Net Book Value
As at 31 October 2024 1,050,983 - 1,050,983
As at 1 November 2023 1,050,983 - 1,050,983
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,555 1,202
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,756 649
Director's loan account 799,956 791,842
801,712 792,491
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 291,574 291,574
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 291,574 291,574
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4