Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10362879 Mr David Hynes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10362879 2023-09-30 10362879 2024-09-30 10362879 2023-10-01 2024-09-30 10362879 frs-core:ComputerEquipment 2024-09-30 10362879 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10362879 frs-core:ComputerEquipment 2023-09-30 10362879 frs-core:PlantMachinery 2024-09-30 10362879 frs-core:PlantMachinery 2023-10-01 2024-09-30 10362879 frs-core:PlantMachinery 2023-09-30 10362879 frs-core:ShareCapital 2024-09-30 10362879 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10362879 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10362879 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10362879 frs-bus:SmallEntities 2023-10-01 2024-09-30 10362879 frs-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10362879 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10362879 frs-bus:Director1 2023-10-01 2024-09-30 10362879 frs-countries:EnglandWales 2023-10-01 2024-09-30 10362879 2022-09-30 10362879 2023-09-30 10362879 2022-10-01 2023-09-30 10362879 frs-core:ShareCapital 2023-09-30 10362879 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10362879
Proptastic Ltd
Financial Statements
For The Year Ended 30 September 2024
Apple Accountancy Services Limited
Chartered Certified Accountants
146 Manor Way
Borehamwood
Hertfordshire
WD6 1QX
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Proptastic Ltd For The Year Ended 30 September 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Proptastic Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Proptastic Ltd , as a body, in accordance with the terms of our engagement letter dated 01 November 2016. Our work has been undertaken solely to prepare for your approval the accounts of Proptastic Ltd and state those matters that we have agreed to state to the director of Proptastic Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Proptastic Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Proptastic Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Proptastic Ltd . You consider that Proptastic Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Proptastic Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
23rd May 2025
Apple Accountancy Services Limited
Chartered Certified Accountants
146 Manor Way
Borehamwood
Hertfordshire
WD6 1QX
Page 1
Page 2
Balance Sheet
Registered number: 10362879
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 10,298 10,367
10,298 10,367
Creditors: Amounts Falling Due Within One Year (10,288 ) (9,412 )
NET CURRENT ASSETS (LIABILITIES) 10 955
TOTAL ASSETS LESS CURRENT LIABILITIES 10 955
NET ASSETS 10 955
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account - 945
SHAREHOLDERS' FUNDS 10 955
Page 2
Page 3
For the year ending 30 September 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 David Hynes
Director
23rd May 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Proptastic Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10362879 . The registered office is 146 Manor Way, Borehamwood, Hertfordshire, WD6 1QX.
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.
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 33% straight line
Computer Equipment 33.33% straight line
2.4. 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 year 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 5,521 939 6,460
As at 30 September 2024 5,521 939 6,460
Depreciation
As at 1 October 2023 5,521 939 6,460
As at 30 September 2024 5,521 939 6,460
Net Book Value
As at 30 September 2024 - - -
As at 1 October 2023 - - -
Page 5