Acorah Software Products - Accounts Production 16.2.850 false true true 29 August 2023 30 August 2022 false 30 August 2023 29 August 2024 29 August 2024 08069493 Mr Paul Blake iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08069493 2023-08-29 08069493 2024-08-29 08069493 2023-08-30 2024-08-29 08069493 frs-core:CurrentFinancialInstruments 2024-08-29 08069493 frs-core:Non-currentFinancialInstruments 2024-08-29 08069493 frs-core:ShareCapital 2024-08-29 08069493 frs-core:RetainedEarningsAccumulatedLosses 2024-08-29 08069493 frs-bus:PrivateLimitedCompanyLtd 2023-08-30 2024-08-29 08069493 frs-bus:FilletedAccounts 2023-08-30 2024-08-29 08069493 frs-bus:SmallEntities 2023-08-30 2024-08-29 08069493 frs-bus:AuditExempt-NoAccountantsReport 2023-08-30 2024-08-29 08069493 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-30 2024-08-29 08069493 frs-bus:Director1 2023-08-30 2024-08-29 08069493 frs-countries:EnglandWales 2023-08-30 2024-08-29 08069493 2022-08-29 08069493 2023-08-29 08069493 2022-08-30 2023-08-29 08069493 frs-core:CurrentFinancialInstruments 2023-08-29 08069493 frs-core:Non-currentFinancialInstruments 2023-08-29 08069493 frs-core:ShareCapital 2023-08-29 08069493 frs-core:RetainedEarningsAccumulatedLosses 2023-08-29
Registered number: 08069493
Paul Blake Properties Ltd
Unaudited Financial Statements
For The Year Ended 29 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08069493
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,284,253 1,284,253
1,284,253 1,284,253
CURRENT ASSETS
Debtors 5 1,127 -
Cash at bank and in hand 12 239
1,139 239
Creditors: Amounts Falling Due Within One Year 6 (756,122 ) (644,519 )
NET CURRENT ASSETS (LIABILITIES) (754,983 ) (644,280 )
TOTAL ASSETS LESS CURRENT LIABILITIES 529,270 639,973
Creditors: Amounts Falling Due After More Than One Year 7 (1,016,498 ) (1,022,565 )
NET LIABILITIES (487,228 ) (382,592 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (487,229 ) (382,593 )
SHAREHOLDERS' FUNDS (487,228) (382,592)
Page 1
Page 2
For the year ending 29 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 Paul Blake
Director
22 May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Paul Blake Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08069493 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Going Concern Disclosure
The company meets its day to day working capital requirements through funding from associated companies.
The Director considers that it is appropriate to prepare the financial statements on a going concern basis as he expects the company to be able to continue to trade within the facility made available.
2.3. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the
reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.5. 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.
2.6. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 30 August 2023 and 29 August 2024 1,284,253
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,127 -
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 819 28
Bank loans and overdrafts 6,421 5,781
Amounts owed to group undertakings 726,241 622,599
Other creditors 3,026 2,772
Taxation and social security 19,615 13,339
756,122 644,519
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,016,498 1,022,565
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 1,022,919 1,028,346
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4