Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05697995 Mr R Coppock Ms L Coppock Mr P Hausemer Mr R Coppock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05697995 2023-12-31 05697995 2024-12-31 05697995 2024-01-01 2024-12-31 05697995 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05697995 frs-core:ShareCapital 2024-12-31 05697995 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05697995 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05697995 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 05697995 frs-bus:SmallEntities 2024-01-01 2024-12-31 05697995 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05697995 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05697995 frs-bus:Director1 2024-01-01 2024-12-31 05697995 frs-bus:Director2 2024-01-01 2024-12-31 05697995 frs-bus:Director3 2024-01-01 2024-12-31 05697995 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05697995 frs-countries:EnglandWales 2024-01-01 2024-12-31 05697995 2022-12-31 05697995 2023-12-31 05697995 2023-01-01 2023-12-31 05697995 frs-core:ShareCapital 2023-12-31 05697995 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05697995
Serenity Estates Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
MJK Accountants Ltd
Unit 9 Barnack Business Centre Blakey Road
Salisbury
Wiltshire
SP1 2LP
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: 05697995
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 778,431 778,452
778,431 778,452
CURRENT ASSETS
Debtors 3,510 3,629
Cash at bank and in hand 23,054 17,625
26,564 21,254
Creditors: Amounts Falling Due Within One Year (795,400 ) (795,276 )
NET CURRENT ASSETS (LIABILITIES) (768,836 ) (774,022 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,595 4,430
NET ASSETS 9,595 4,430
CAPITAL AND RESERVES
Called up share capital 5 10 10
Income Statement 9,585 4,420
SHAREHOLDERS' FUNDS 9,595 4,430
Page 1
Page 2
For the year ending 31 December 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 Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr P Hausemer
Director
09/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Serenity Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05697995 . The registered office is Volpoint House, Blakey Road, Salisbury, Wiltshire, SP1 2JG.
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 represents rents receivable and associated property costs recharged, net of value added tax, from the letting of commercial property.
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:
Fixtures & Fittings 20% Reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined regularly 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 income statement.
2.5. 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 3 (2023: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 778,748
As at 31 December 2024 778,748
Depreciation
As at 1 January 2024 296
Provided during the period 21
As at 31 December 2024 317
Net Book Value
As at 31 December 2024 778,431
As at 1 January 2024 778,452
As at the year-end the investment property is deemed to have not materially changed in value from purchase cost, therefore no revaluation has taken place. This will be reviewed annually. 
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
6. Related Party Transactions
Included within other creditors as at 31 December 2024 is an amount of £14,580 (2023 £14,580) owed to Bodywise Pilates Ltd. The directors Mr R Coppock, Ms L Coppock and Mr P Hausemer are also directors of Bodywise Pilates Ltd.
Included within other creditors as at 31 December 2024 is an amount of £24,835 (2023: £24,835) owed to Bodywise Pilates Teacher Training Ltd. The directors Mr R Coppock, Ms L Coppock and Mr P Hausemer are also directors of Bodywise Pilates Teacher Training Ltd.
Included within directors' loan accounts as at 31 December 2024 was an amount of £200,000 (2023: £200,000) owed to Mr R Coppock (director). This loan in repayable on demand and interest bearing. Interest is paid monthly at a rate of 1.35% (2023: 0.45%) per annum and chargeable to the profit and loss account when due.
Included within directors' loan accounts as at 31 December 2024 was an amount of £537,104 (2023: £537,104) owed to Ms L Coppock (director) and Mr P Hausemer (director). This loan is repayable on demand. £400,000 of this loan is interest bearing, paid monthly at a rate of 6.825% (2023: 6.825%) per annum and chargeable to the profit & loss account when due. Monthly interest payments at a rate of 2.19% per annum commenced in October 2023 on the remaining balance of the loan. 
Page 4