Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 00461908 Mr P Funnell Mrs D Funnell Mrs D Funnell true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00461908 2023-12-31 00461908 2024-12-31 00461908 2024-01-01 2024-12-31 00461908 frs-core:CurrentFinancialInstruments 2024-12-31 00461908 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 00461908 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 00461908 frs-core:RevaluationReserve 2024-12-31 00461908 frs-core:SharePremium 2024-12-31 00461908 frs-core:ShareCapital 2024-12-31 00461908 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00461908 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00461908 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 00461908 frs-bus:SmallEntities 2024-01-01 2024-12-31 00461908 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00461908 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00461908 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 00461908 frs-bus:OrdinaryShareClass1 2024-12-31 00461908 1 2024-01-01 2024-12-31 00461908 frs-bus:Director1 2024-01-01 2024-12-31 00461908 frs-bus:Director2 2024-01-01 2024-12-31 00461908 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 00461908 frs-countries:EnglandWales 2024-01-01 2024-12-31 00461908 2022-12-31 00461908 2023-12-31 00461908 2023-01-01 2023-12-31 00461908 frs-core:CurrentFinancialInstruments 2023-12-31 00461908 frs-core:RevaluationReserve 2023-12-31 00461908 frs-core:SharePremium 2023-12-31 00461908 frs-core:ShareCapital 2023-12-31 00461908 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 00461908 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 00461908
Fawns (Aldershot) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Radford & Sergeant Limited
Quatro House,
Lyon Way, Frimley Road
Camberley
Surrey
GU16 7ER
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00461908
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 227,500 227,500
Investments - 660,000
227,500 887,500
CURRENT ASSETS
Debtors 5 4,500 4,500
Cash at bank and in hand 698,182 7,741
702,682 12,241
Creditors: Amounts Falling Due Within One Year 6 (28,131 ) (34,690 )
NET CURRENT ASSETS (LIABILITIES) 674,551 (22,449 )
TOTAL ASSETS LESS CURRENT LIABILITIES 902,051 865,051
NET ASSETS 902,051 865,051
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium account 2,864 2,864
Revaluation reserve (68,905 ) (68,905 )
Profit and Loss Account 967,092 930,092
SHAREHOLDERS' FUNDS 902,051 865,051
Page 1
Page 2
For the year ending 31 December 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 P Funnell
Director
21 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fawns (Aldershot) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00461908 . The registered office is Foxfire House, Beales Lane, Wrecclesham, Farnham, GU10 4PY.
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.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102. The date of transition is 1 January 2015.
The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below.
2.2. Turnover
Turnover comprises of the invoiced value of services supplied by the company, net of Value Added Tax and discounts.
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:
2.4. Investment Properties
Investment property is included at fair value. Losses are recognised in the income statement.
2.5. Financial Instruments
Financial instrusments are recongised at initial value exchanged.
2.6. Taxation
The tax charge takes into account deferred tax which arrises as a result of timing differences between the treatment of certain items for tax and accounting purposes. In general, deferred tax is recognised in respect of timing differences that have originated but had not been reversed at the balance sheet date.
Deferred tax assets are recognised only to the extent that the directors consider it to be more likely than not that there will be suitable taxable profits from which the future reversal of timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods from which the timing differences reverse. This is based on tax rates and the law enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Investment Properties
£
Cost
As at 1 January 2024 227,500
As at 31 December 2024 227,500
Net Book Value
As at 31 December 2024 227,500
As at 1 January 2024 227,500
Cost or valuation at 31 December 2023 is represented by:
£105,532: Valuation in 2000
£ 65,000 : Valuation in 2014
£ 25,000 : Valuation in 2015
(£22,500): Valuation in 2017
£ 54,468 : Cost
-----------
£227,500: Total
======
If investment properties had not been revalued they would have been included at the following historical cost:
Cost at 31 December 2024: £54,468 (2023: £54,468)
Investment properties were valued by specialists at a market value on the 17 November 2017. The directors deem for this to be the value on the 31 December 2024.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,500 4,500
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 8,142 8,123
Accruals and deferred income 4,646 4,624
Directors' loan accounts 15,343 21,943
28,131 34,690
7. Deferred Taxation
The provision for deferred tax is made up as follows:
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1 each 1,000 1,000
9. Related Party Transactions
At the end of the accounting period the company owed the directors £15,343 (2023: £21,942). The loan to the company is unsecured, interest fee and has no fixed repayment date.
Page 4
Page 5
10. Ultimate Controlling Party
The controlling party is P A Funnell.
Page 5