Acorah Software Products - Accounts Production 16.3.350 false true true false 24 October 2023 31 October 2024 31 October 2024 15232858 Mr Gaurav Bhandari Mrs Manju Bhandari iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15232858 2023-10-23 15232858 2024-10-31 15232858 2023-10-24 2024-10-31 15232858 frs-core:ComputerEquipment 2024-10-31 15232858 frs-core:ComputerEquipment 2023-10-24 2024-10-31 15232858 frs-core:ComputerEquipment 2023-10-23 15232858 frs-core:ShareCapital 2024-10-31 15232858 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 15232858 frs-bus:PrivateLimitedCompanyLtd 2023-10-24 2024-10-31 15232858 frs-bus:FilletedAccounts 2023-10-24 2024-10-31 15232858 frs-bus:SmallEntities 2023-10-24 2024-10-31 15232858 frs-bus:AuditExempt-NoAccountantsReport 2023-10-24 2024-10-31 15232858 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-24 2024-10-31 15232858 frs-bus:Director1 2023-10-24 2024-10-31 15232858 frs-bus:Director2 2023-10-24 2024-10-31 15232858 frs-countries:EnglandWales 2023-10-24 2024-10-31
Registered number: 15232858
Bhandari Property Ltd
Unaudited Financial Statements
For the Period 24 October 2023 to 31 October 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15232858
31 October 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,444
Investment Properties 5 704,149
705,593
CURRENT ASSETS
Cash at bank and in hand 806
806
Creditors: Amounts Falling Due Within One Year 6 (758,724 )
NET CURRENT ASSETS (LIABILITIES) (757,918 )
TOTAL ASSETS LESS CURRENT LIABILITIES (52,325 )
NET LIABILITIES (52,325 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (52,425 )
SHAREHOLDERS' FUNDS (52,325)
For the period ending 31 October 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.
On behalf of the board
Mr Gaurav Bhandari
Director
02/06/2025
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
Bhandari Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15232858 . The registered office is 13 Parkway, Ilford, Essex, IG3 9HS.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. 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:
Computer Equipment 20% reducing balance
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. Financial Instruments
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest 
2.7. Critical accounting estimates and judgements
The director has made key assumptions in the determination of the fair value of an investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
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Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 24 October 2023 -
Additions 1,805
As at 31 October 2024 1,805
Depreciation
As at 24 October 2023 -
Provided during the period 361
As at 31 October 2024 361
Net Book Value
As at 31 October 2024 1,444
As at 24 October 2023 -
5. Investment Property
31 October 2024
£
Fair Value
As at 24 October 2023 -
Additions 704,149
As at 31 October 2024 704,149
6. Creditors: Amounts Falling Due Within One Year
31 October 2024
£
Other creditors 758,724
7. Share Capital
31 October 2024
£
Allotted, Called up and fully paid 100
Page 3