Acorah Software Products - Accounts Production 16.2.850 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 NI628125 Leanne Gray Mr Richard Gray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI628125 2023-05-31 NI628125 2024-05-31 NI628125 2023-06-01 2024-05-31 NI628125 frs-core:CurrentFinancialInstruments 2024-05-31 NI628125 frs-core:PlantMachinery 2024-05-31 NI628125 frs-core:PlantMachinery 2023-06-01 2024-05-31 NI628125 frs-core:PlantMachinery 2023-05-31 NI628125 frs-core:ShareCapital 2024-05-31 NI628125 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 NI628125 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 NI628125 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 NI628125 frs-bus:SmallEntities 2023-06-01 2024-05-31 NI628125 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 NI628125 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 NI628125 frs-bus:Director1 2023-06-01 2024-05-31 NI628125 frs-bus:Director2 2023-06-01 2024-05-31 NI628125 frs-countries:NorthernIreland 2023-06-01 2024-05-31 NI628125 2022-05-31 NI628125 2023-05-31 NI628125 2022-06-01 2023-05-31 NI628125 frs-core:CurrentFinancialInstruments 2023-05-31 NI628125 frs-core:ShareCapital 2023-05-31 NI628125 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: NI628125
Beresford Management Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Gray + Press Accountants
21 Old Channel Road
Unit 4A Channel Wharf
Belfast
Antrim
BT3 9DE
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: NI628125
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 430 340
Investment Properties 5 811,453 658,598
811,883 658,938
CURRENT ASSETS
Debtors 6 32,888 32,888
Cash at bank and in hand 241,872 529,676
274,760 562,564
Creditors: Amounts Falling Due Within One Year 7 (43,721 ) (54,944 )
NET CURRENT ASSETS (LIABILITIES) 231,039 507,620
TOTAL ASSETS LESS CURRENT LIABILITIES 1,042,922 1,166,558
NET ASSETS 1,042,922 1,166,558
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 1,042,822 1,166,458
SHAREHOLDERS' FUNDS 1,042,922 1,166,558
Page 1
Page 2
For the year ending 31 May 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 Income Statement.
On behalf of the board
Mr Richard Gray
Director
31/05/2025
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
Beresford Management Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI628125 . The registered office is Unit 2 Channel Wharf, 21 Old Channel Road, Belfast, BT3 9DE.
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:
Plant & Machinery 20% Straight Line
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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 657
Additions 229
As at 31 May 2024 886
Depreciation
As at 1 June 2023 317
Provided during the period 139
As at 31 May 2024 456
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 May 2024 430
As at 1 June 2023 340
5. Investment Property
2024
£
Fair Value
As at 1 June 2023 658,598
Additions 152,855
As at 31 May 2024 811,453
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,093 19,093
Other debtors 13,795 13,795
32,888 32,888
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 43,721 54,944
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4