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 12340651 G M Newson D I Hassard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12340651 2023-12-31 12340651 2024-12-31 12340651 2024-01-01 2024-12-31 12340651 frs-core:CurrentFinancialInstruments 2024-12-31 12340651 frs-core:ComputerEquipment 2024-12-31 12340651 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12340651 frs-core:ComputerEquipment 2023-12-31 12340651 frs-core:ShareCapital 2024-12-31 12340651 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12340651 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12340651 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12340651 frs-bus:SmallEntities 2024-01-01 2024-12-31 12340651 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12340651 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12340651 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 12340651 frs-bus:OrdinaryShareClass1 2024-12-31 12340651 frs-bus:Director1 2024-01-01 2024-12-31 12340651 frs-bus:Director2 2024-01-01 2024-12-31 12340651 frs-countries:EnglandWales 2024-01-01 2024-12-31 12340651 2022-12-31 12340651 2023-12-31 12340651 2023-01-01 2023-12-31 12340651 frs-core:CurrentFinancialInstruments 2023-12-31 12340651 frs-core:ShareCapital 2023-12-31 12340651 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12340651 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 12340651
Farmer UK Real Estate Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12340651
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 991 840
991 840
CURRENT ASSETS
Debtors 5 21 21
Cash at bank and in hand 497,893 375,849
497,914 375,870
Creditors: Amounts Falling Due Within One Year 6 (59,880 ) (46,783 )
NET CURRENT ASSETS (LIABILITIES) 438,034 329,087
TOTAL ASSETS LESS CURRENT LIABILITIES 439,025 329,927
NET ASSETS 439,025 329,927
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 439,021 329,923
SHAREHOLDERS' FUNDS 439,025 329,927
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 Profit and Loss Account.
On behalf of the board
G M Newson
Director
D I Hassard
Director
30/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Farmer UK Real Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12340651 . The registered office is Abbey House, Abbey Street, Hinton St. George, England, TA17 8RZ.
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, excluding discounts, rebates,
value added tax and other sales taxes.
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:
Computer Equipment 20% Straight Line basis
2.4. 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 years 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.
Current tax is recognised in profit or loss for the year, except when it relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.
2.5. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not
more than 24 hours.
2.6. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective
interest method, less impairment losses for bad and doubtful debts.
2.7. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the
effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 1,400
Additions 539
As at 31 December 2024 1,939
Depreciation
As at 1 January 2024 560
Provided during the period 388
As at 31 December 2024 948
Net Book Value
As at 31 December 2024 991
As at 1 January 2024 840
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 21 21
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Corporation tax 41,316 38,143
Other taxes and social security 519 594
VAT 17,337 7,447
Net wages 13 -
Accruals and deferred income 695 600
59,880 46,783
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
4 Ordinary Shares of £ 1.00 each 4 4
8. Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
Page 3