Acorah Software Products - Accounts Production 16.3.350 false true false 18 August 2023 31 August 2024 31 August 2024 15081173 Mr Neil Robinson Mr Mark Warren Mr Mark Warren iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15081173 2023-08-17 15081173 2024-08-31 15081173 2023-08-18 2024-08-31 15081173 frs-core:CurrentFinancialInstruments 2024-08-31 15081173 frs-core:ShareCapital 2024-08-31 15081173 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15081173 frs-bus:PrivateLimitedCompanyLtd 2023-08-18 2024-08-31 15081173 frs-bus:FilletedAccounts 2023-08-18 2024-08-31 15081173 frs-bus:SmallEntities 2023-08-18 2024-08-31 15081173 frs-bus:AuditExempt-NoAccountantsReport 2023-08-18 2024-08-31 15081173 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-18 2024-08-31 15081173 frs-bus:Director1 2023-08-18 2024-08-31 15081173 frs-bus:Director2 2023-08-18 2024-08-31 15081173 frs-bus:CompanySecretary1 2023-08-18 2024-08-31 15081173 frs-countries:EnglandWales 2023-08-18 2024-08-31
Registered number: 15081173
Nemark Properties Ltd
Financial Statements
For the Period 18 August 2023 to 31 August 2024
Fruition Accountancy
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15081173
31 August 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 230,388
230,388
CURRENT ASSETS
Debtors 5 241
Cash at bank and in hand 22,977
23,218
Creditors: Amounts Falling Due Within One Year 6 (261,660 )
NET CURRENT ASSETS (LIABILITIES) (238,442 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,054 )
NET LIABILITIES (8,054 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (8,154 )
SHAREHOLDERS' FUNDS (8,054)
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For the period 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 Mark Warren
Director
12th May 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Nemark Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15081173 . The registered office is 42 Tickhill Road, Harworth, Doncaster, South Yorkshire, DN11 8PB.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investment Property
31 August 2024
£
Fair Value
As at 18 August 2023 -
Additions 230,388
As at 31 August 2024 230,388
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5. Debtors
31 August 2024
£
Due within one year
Other debtors 241
241
6. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Amounts owed to participating interests 219,891
Other creditors 41,769
261,660
7. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
Nemark Professional IT Services LimitedA company under common control.During the year, Nemark Professional IT Services Ltd loaned monies to the company totalling £219,891. The amount due to Nemark Professional IT Services Ltd as at 31 August 2024 was £219,891. The loan is interest free and repayable upon demand.

Nemark Professional IT Services Limited

A company under common control.

During the year, Nemark Professional IT Services Ltd loaned monies to the company totalling £219,891. The amount due to Nemark Professional IT Services Ltd as at 31 August 2024 was £219,891. The loan is interest free and repayable upon demand.

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