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 13097206 Mr Kai Cheong Cheung Ms Kam King So Mr Kai Cheong Cheung iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13097206 2023-12-31 13097206 2024-12-31 13097206 2024-01-01 2024-12-31 13097206 frs-core:Non-currentFinancialInstruments 2024-12-31 13097206 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13097206 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13097206 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13097206 frs-core:MotorVehicles 2024-01-01 2024-12-31 13097206 frs-core:PlantMachinery 2024-01-01 2024-12-31 13097206 frs-core:ShareCapital 2024-12-31 13097206 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13097206 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13097206 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 13097206 frs-bus:SmallEntities 2024-01-01 2024-12-31 13097206 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13097206 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13097206 frs-bus:Director1 2024-01-01 2024-12-31 13097206 frs-bus:Director2 2024-01-01 2024-12-31 13097206 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 13097206 frs-countries:EnglandWales 2024-01-01 2024-12-31 13097206 2022-12-31 13097206 2023-12-31 13097206 2023-01-01 2023-12-31 13097206 frs-core:Non-currentFinancialInstruments 2023-12-31 13097206 frs-core:ShareCapital 2023-12-31 13097206 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13097206
Cheung And Rebecca Investment Co Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
VIBAS Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13097206
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,514 3,352
Investment Properties 5 3,348,596 3,195,718
3,351,110 3,199,070
CURRENT ASSETS
Debtors (1,263 ) (1,263 )
Cash at bank and in hand 130,396 624,317
129,133 623,054
Creditors: Amounts Falling Due Within One Year (3,445,906 ) (3,828,261 )
NET CURRENT ASSETS (LIABILITIES) (3,316,773 ) (3,205,207 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,337 (6,137 )
Creditors: Amounts Falling Due After More Than One Year (44,328 ) (44,328 )
NET LIABILITIES (9,991 ) (50,465 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (10,091 ) (50,565 )
SHAREHOLDERS' FUNDS (9,991) (50,465)
Page 1
Page 2
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Kai Cheong Cheung
Director
17/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Cheung And Rebecca Investment Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13097206 . The registered office is 128 City Road, London, EC1V 2NX.
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 2% straright line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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 profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 4,470
As at 31 December 2024 4,470
Depreciation
As at 1 January 2024 1,118
Provided during the period 838
As at 31 December 2024 1,956
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2024 2,514
As at 1 January 2024 3,352
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 3,195,718
Additions 152,878
As at 31 December 2024 3,348,596
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4