Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13571747 Mr Wee Jone Leow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13571747 2023-08-31 13571747 2024-08-31 13571747 2023-09-01 2024-08-31 13571747 frs-core:CurrentFinancialInstruments 2024-08-31 13571747 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 13571747 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-01 2024-08-31 13571747 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-31 13571747 frs-core:ShareCapital 2024-08-31 13571747 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13571747 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13571747 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13571747 frs-bus:SmallEntities 2023-09-01 2024-08-31 13571747 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13571747 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13571747 frs-bus:Director1 2023-09-01 2024-08-31 13571747 frs-countries:EnglandWales 2023-09-01 2024-08-31 13571747 2022-08-31 13571747 2023-08-31 13571747 2022-09-01 2023-08-31 13571747 frs-core:CurrentFinancialInstruments 2023-08-31 13571747 frs-core:ShareCapital 2023-08-31 13571747 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13571747
Brightfuture777 Property Investment Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13571747
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 163,000 153,000
163,000 153,000
CURRENT ASSETS
Debtors 5 100 100
Cash at bank and in hand 2,669 15,818
2,769 15,918
Creditors: Amounts Falling Due Within One Year 6 (143,798 ) (144,883 )
NET CURRENT ASSETS (LIABILITIES) (141,029 ) (128,965 )
TOTAL ASSETS LESS CURRENT LIABILITIES 21,971 24,035
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,308 ) (3,700 )
NET ASSETS 18,663 20,335
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 18,563 20,235
SHAREHOLDERS' FUNDS 18,663 20,335
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 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 Profit and Loss Account.
On behalf of the board
Mr Wee Jone Leow
Director
19/05/2025
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
Brightfuture777 Property Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13571747 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
2.3. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
Changes in fair value are recognised in the profit and loss account.
2.4. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 September 2023 153,000
Revaluation 10,000
As at 31 August 2024 163,000
Net Book Value
As at 31 August 2024 163,000
As at 1 September 2023 153,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 100 100
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 1,085
Other creditors 94,524 94,524
Director's loan account 49,274 49,274
143,798 144,883
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3