Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 11808759 Mrs Hazel Sharpe Mr Tim Sharpe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11808759 2024-02-29 11808759 2025-02-28 11808759 2024-03-01 2025-02-28 11808759 frs-core:Non-currentFinancialInstruments 2025-02-28 11808759 frs-core:PlantMachinery 2025-02-28 11808759 frs-core:PlantMachinery 2024-03-01 2025-02-28 11808759 frs-core:PlantMachinery 2024-02-29 11808759 frs-core:RevaluationReserve 2024-02-29 11808759 frs-core:RevaluationReserve 2025-02-28 11808759 frs-core:ShareCapital 2025-02-28 11808759 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11808759 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11808759 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 11808759 frs-bus:SmallEntities 2024-03-01 2025-02-28 11808759 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11808759 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11808759 frs-bus:Director1 2024-03-01 2025-02-28 11808759 frs-bus:Director2 2024-03-01 2025-02-28 11808759 frs-countries:EnglandWales 2024-03-01 2025-02-28 11808759 2023-02-28 11808759 2024-02-29 11808759 2023-03-01 2024-02-29 11808759 frs-core:Non-currentFinancialInstruments 2024-02-29 11808759 frs-core:RevaluationReserve 2024-02-29 11808759 frs-core:ShareCapital 2024-02-29 11808759 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 11808759
Square Roost Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Chadwick Accountants & Bookkeepers Ltd
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 11808759
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 196 -
Investment Properties 5 565,000 717,083
565,196 717,083
CURRENT ASSETS
Cash at bank and in hand 109,943 4,626
109,943 4,626
Creditors: Amounts Falling Due Within One Year 6 (249,615 ) (294,615 )
NET CURRENT ASSETS (LIABILITIES) (139,672 ) (289,989 )
TOTAL ASSETS LESS CURRENT LIABILITIES 425,524 427,094
Creditors: Amounts Falling Due After More Than One Year 7 (360,823 ) (360,856 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,090 ) (14,090 )
NET ASSETS 50,611 52,148
CAPITAL AND RESERVES
Called up share capital 8 120 120
Revaluation reserve 9 55,617 55,617
Income Statement (5,126 ) (3,589 )
SHAREHOLDERS' FUNDS 50,611 52,148
Page 1
Page 2
For the year ending 28 February 2025 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.
On behalf of the board
Mr Tim Sharpe
Director
01/04/2025
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
Square Roost Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11808759 . The registered office is Avon View Offices, 90 High Street, Bidford-On-Avon, Alcester, B50 4AF.
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 25% RB
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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 March 2024 -
Additions 261
As at 28 February 2025 261
Depreciation
As at 1 March 2024 -
Provided during the period 65
As at 28 February 2025 65
...CONTINUED
Page 3
Page 4
Net Book Value
As at 28 February 2025 196
As at 1 March 2024 -
5. Investment Property
2025
£
Fair Value
As at 1 March 2024 717,083
Disposals (159,326 )
Fair value adjustments 7,243
As at 28 February 2025 565,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 490,483 650,170
Accumulated depreciation and impairment 10,588 6,502
Carrying amount 479,895 643,668
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 249,615 294,615
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 360,823 360,856
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 120 120
9. Reserves
Revaluation Reserve
£
As at 1 March 2024 55,617
As at 28 February 2025 55,617
Page 4