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Registered number: 07333372
Amberley Nottingham Properties Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07333372
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,103 1,345
Investment Properties 5 1,115,001 1,115,001
1,116,104 1,116,346
CURRENT ASSETS
Stocks 6 26,500 41,000
Debtors 7 206,991 113,148
Cash at bank and in hand 503 43,983
233,994 198,131
Creditors: Amounts Falling Due Within One Year 8 (143,520 ) (144,924 )
NET CURRENT ASSETS (LIABILITIES) 90,474 53,207
TOTAL ASSETS LESS CURRENT LIABILITIES 1,206,578 1,169,553
Creditors: Amounts Falling Due After More Than One Year 9 (602,485 ) (600,290 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (39,462 ) (39,508 )
NET ASSETS 564,631 529,755
CAPITAL AND RESERVES
Called up share capital 11 1 1
Fair value reserve 12 167,340 167,340
Profit and Loss Account 397,290 362,414
SHAREHOLDERS' FUNDS 564,631 529,755
Page 1
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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 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 A Taylor
Director
30th April 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Amberley Nottingham Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07333372 . The registered office is 4 Cross Street, Beeston, Nottingham, NG9 2NX.
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. 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:
Plant & Machinery 18% reducing balance
2.4. 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.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 2,000
As at 31 July 2024 2,000
Depreciation
As at 1 August 2023 655
Provided during the period 242
As at 31 July 2024 897
Net Book Value
As at 31 July 2024 1,103
As at 1 August 2023 1,345
5. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 1,115,001
6. Stocks
2024 2023
£ £
Finished goods 26,500 41,000
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7. Debtors
2024 2023
£ £
Due within one year
Other debtors 206,991 113,148
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 11,472 4,820
Trade creditors 1,476 1,302
Bank loans and overdrafts 22,938 27,768
Corporation tax 15,623 19,623
Other creditors 10,415 9,815
Accruals and deferred income 1,080 1,080
Director's loan account 80,516 80,516
143,520 144,924
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 55,595 34,377
Bank loans 546,890 565,913
602,485 600,290
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,472 4,820
Later than one year and not later than five years 55,595 34,377
67,067 39,197
67,067 39,197
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
12. Reserves
Fair Value Reserve
£
As at 1 August 2023 167,340
As at 31 July 2024 167,340
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13. Related Party Transactions
During the year, the company provided loans to the following companies under common control through a shared director. The loans are unsecured, interest-free, and repayable on demand. No provision for doubtful debts has been made, as the director considers the amounts to be fully recoverable. The balance outstanding at the year end was:
Andy Taylor Limited - £214,114 (2023: £nil)
Fairfields Estates Ltd - £61,512 (2023: £113,148)
During the year, the company received loans to the following companies under common control through a shared director. The loans are unsecured, interest-free, and repayable on demand. The balance outstanding at the year end was:
Body Wizard Limited - £1,180 (2023: £nil)
Andy Taylor Properties Limited - £67,455 (2023: £nil)
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