Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09736998 Mr Philip White Mrs Julie White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09736998 2023-08-31 09736998 2024-08-31 09736998 2023-09-01 2024-08-31 09736998 frs-core:CurrentFinancialInstruments 2024-08-31 09736998 frs-core:Non-currentFinancialInstruments 2024-08-31 09736998 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 09736998 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09736998 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 09736998 frs-core:MotorVehicles 2024-08-31 09736998 frs-core:MotorVehicles 2023-09-01 2024-08-31 09736998 frs-core:MotorVehicles 2023-08-31 09736998 frs-core:PlantMachinery 2024-08-31 09736998 frs-core:PlantMachinery 2023-09-01 2024-08-31 09736998 frs-core:PlantMachinery 2023-08-31 09736998 frs-core:ShareCapital 2024-08-31 09736998 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09736998 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09736998 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09736998 frs-bus:SmallEntities 2023-09-01 2024-08-31 09736998 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09736998 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09736998 frs-bus:Director1 2023-09-01 2024-08-31 09736998 frs-bus:Director2 2023-09-01 2024-08-31 09736998 frs-countries:EnglandWales 2023-09-01 2024-08-31 09736998 2022-08-31 09736998 2023-08-31 09736998 2022-09-01 2023-08-31 09736998 frs-core:CurrentFinancialInstruments 2023-08-31 09736998 frs-core:Non-currentFinancialInstruments 2023-08-31 09736998 frs-core:ShareCapital 2023-08-31 09736998 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Plym Properties Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Accounts Covered
First Floor, 18 Callywith Gate
Launceston Road
Bodmin
Cornwall
PL31 2RQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09736998
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,748 247,231
3,748 247,231
CURRENT ASSETS
Cash at bank and in hand 13,639 12,647
13,639 12,647
Creditors: Amounts Falling Due Within One Year 5 1 -
NET CURRENT ASSETS (LIABILITIES) 13,640 12,647
TOTAL ASSETS LESS CURRENT LIABILITIES 17,388 259,878
Creditors: Amounts Falling Due After More Than One Year 6 (6,555 ) (296,366 )
NET ASSETS/(LIABILITIES) 10,833 (36,488 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 10,733 (36,588 )
SHAREHOLDERS' FUNDS 10,833 (36,488)
Page 1
Page 2
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 Philip White
Director
Mrs Julie White
Director
16/04/2025
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
Plym Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09736998 . The registered office is 4 Staddiscombe Park, Staddiscombe Road, Plymouth, Devon, PL9 9LT.
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:
Freehold 0% Reducing Balance
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 September 2023 244,500 5,191 7,300 256,991
Additions - - 1,700 1,700
Disposals (244,500 ) - - (244,500 )
As at 31 August 2024 - 5,191 9,000 14,191
Depreciation
As at 1 September 2023 - 3,759 6,001 9,760
Provided during the period - 358 325 683
As at 31 August 2024 - 4,117 6,326 10,443
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2024 - 1,074 2,674 3,748
As at 1 September 2023 244,500 1,432 1,299 247,231
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 200,144
Directors loan account 6,555 96,222
6,555 296,366
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4