Acorah Software Products - Accounts Production 16.3.350 false true false 5 October 2023 31 March 2025 31 March 2025 15190975 Mr D Hamlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15190975 2023-10-04 15190975 2025-03-31 15190975 2023-10-05 2025-03-31 15190975 frs-core:ShareCapital 2025-03-31 15190975 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15190975 frs-bus:PrivateLimitedCompanyLtd 2023-10-05 2025-03-31 15190975 frs-bus:FilletedAccounts 2023-10-05 2025-03-31 15190975 frs-bus:SmallEntities 2023-10-05 2025-03-31 15190975 frs-bus:AuditExempt-NoAccountantsReport 2023-10-05 2025-03-31 15190975 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-05 2025-03-31 15190975 frs-core:CostValuation 2023-10-04 15190975 frs-core:AdditionsToInvestments 2025-03-31 15190975 frs-core:CostValuation 2025-03-31 15190975 frs-core:ProvisionsForImpairmentInvestments 2023-10-04 15190975 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 15190975 frs-bus:Director1 2023-10-05 2025-03-31 15190975 frs-countries:EnglandWales 2023-10-05 2025-03-31
Registered number: 15190975
This Place Holdings Limited
Unaudited Financial Statements
For the Period 5 October 2023 to 31 March 2025
One Bean Limited
Chartered Accountants
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 15190975
31 March 2025
Notes £ £
FIXED ASSETS
Investments 4 2,122,845
2,122,845
CURRENT ASSETS
Cash at bank and in hand 76,707
76,707
Creditors: Amounts Falling Due Within One Year 5 (77,707 )
NET CURRENT ASSETS (LIABILITIES) (1,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,121,845
NET ASSETS 2,121,845
CAPITAL AND RESERVES
Called up share capital 6 1
Income Statement 2,121,844
SHAREHOLDERS' FUNDS 2,121,845
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 D Hamlin
Director
15 May 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
This Place Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15190975 . The registered office is Suite C, 153 St Neots Road, Hardwick, Cambridge, Cambridgeshire, CB23 7QJ.
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.
These accounts report the results and position of This Place Holdings Limited only, as the company has taken advantage of the exemption available from preparing group accounts due meeting the criteria for a small group as defined in the Companies Act 2006.
2.2. Financial Instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities, such as other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.3. 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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.4. Investments
Investments in subsidiary companies and associates are valued at cost less accumulated impairment.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
Page 2
Page 3
4. Investments
Subsidiaries Associates Total
£ £ £
Cost
As at 5 October 2023 - - -
Additions 2,122,844 1 2,122,845
As at 31 March 2025 2,122,844 1 2,122,845
Provision
As at 5 October 2023 - - -
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 2,122,844 1 2,122,845
As at 5 October 2023 - - -
5. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Other creditors 77,707
6. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 1
Page 3