Acorah Software Products - Accounts Production 16.3.350 false true true 29 September 2023 30 September 2022 false 30 September 2023 29 September 2024 29 September 2024 10556780 Mr Phillip Rodger Mr Christopher Collins Mr Phillip Rodger Moore House Holding Ltd false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10556780 2023-09-29 10556780 2024-09-29 10556780 2023-09-30 2024-09-29 10556780 frs-core:CurrentFinancialInstruments 2024-09-29 10556780 frs-core:ShareCapital 2024-09-29 10556780 frs-core:RetainedEarningsAccumulatedLosses 2024-09-29 10556780 frs-bus:PrivateLimitedCompanyLtd 2023-09-30 2024-09-29 10556780 frs-bus:FilletedAccounts 2023-09-30 2024-09-29 10556780 frs-bus:SmallEntities 2023-09-30 2024-09-29 10556780 frs-bus:AuditExempt-NoAccountantsReport 2023-09-30 2024-09-29 10556780 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-30 2024-09-29 10556780 1 2023-09-30 2024-09-29 10556780 frs-bus:Director1 2023-09-30 2024-09-29 10556780 frs-bus:Director2 2023-09-30 2024-09-29 10556780 frs-bus:CompanySecretary1 2023-09-30 2024-09-29 10556780 frs-countries:EnglandWales 2023-09-30 2024-09-29 10556780 2022-09-29 10556780 2023-09-29 10556780 2022-09-30 2023-09-29 10556780 frs-core:CurrentFinancialInstruments 2023-09-29 10556780 frs-core:ShareCapital 2023-09-29 10556780 frs-core:RetainedEarningsAccumulatedLosses 2023-09-29
Registered number: 10556780
Themis Developments Limited
Unaudited Financial Statements
For The Year Ended 29 September 2024
Accountancy Solutions (Northern) Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10556780
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 2,006,639 1,938,534
Cash at bank and in hand 6,024 24,951
2,012,663 1,963,485
Creditors: Amounts Falling Due Within One Year 6 (2,037,048 ) (1,983,860 )
NET CURRENT ASSETS (LIABILITIES) (24,385 ) (20,375 )
TOTAL ASSETS LESS CURRENT LIABILITIES (24,385 ) (20,375 )
NET LIABILITIES (24,385 ) (20,375 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (25,385 ) (21,375 )
SHAREHOLDERS' FUNDS (24,385) (20,375)
For the year ending 29 September 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 Phillip Rodger
Director
06/05/2025
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
Themis Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10556780 . The registered office is Tower Buildings, 9 Oldgate, Morpeth, NE61 1PY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:
2.2. Going Concern Disclosure
The Company is funded primarily by an interest free loan from its parent.

The parent company has confirmed to the directors that this funding will continue for the foreseeable future. This will enable the company to continue in operational existence for the foreseeable future.

During 2020 and 2021, the Coronavirus outbreak had a significant impact on the UK economy and delayed progress on the Company's property development activities. However, it has not had a significant impact on going concern, nor the availability of funding, nor on the anticipated yield on the completed development.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Stocks
2024 2023
£ £
Stock 2,006,639 1,938,534
5. Debtors
2024 2023
£ £
Due within one year
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Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Accruals and deferred income 2,160 2,160
Directors' loan accounts 204,038 202,349
Amounts owed to other participating interests 1,830,850 1,779,350
2,037,048 1,983,860
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Related Party Transactions
Arcot Interiors Limited, a company registered in England and Wales, is a related party by virtue of common shareholders and directors. 
During the period, the Company was invoiced by Arcot Interiors Limited a total of £415,279.32 (2022 - £229,338.29) for property development works. All of this was paid during the year. 
Moore House Holdings Ltd, a company registered in England and Wales, is the parent company of Themis Developments Limited. The company operates a loan account with its parent. At the year end the company owed £1,779,350 (2022: £1,304,273) to Moore House Holdings Ltd. This loan is interest free and repayable on demand. 
9. Controlling Party
The controlling party is Moore House Holdings Ltd, a company registered in England and Wales, with its registered office at Moore House, Whalton, Morpeth, NE61 3UX, which owns a majority of the issued share capital. The ultimate controlling party is P A Rodger, by virtue of his control of Moore House Holdings Ltd.
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