Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02676829 Mr John Ashworth Mr Jonathan Wilfred Trippett Mr James Woodman Mrs Akissi Clemence Cowppli-Bony Conibear iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02676829 2023-12-31 02676829 2024-12-31 02676829 2024-01-01 2024-12-31 02676829 frs-core:CurrentFinancialInstruments 2024-12-31 02676829 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 02676829 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02676829 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 02676829 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02676829 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 02676829 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02676829 frs-bus:SmallEntities 2024-01-01 2024-12-31 02676829 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02676829 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02676829 frs-bus:Director1 2024-01-01 2024-12-31 02676829 frs-bus:Director2 2024-01-01 2024-12-31 02676829 frs-bus:Director3 2024-01-01 2024-12-31 02676829 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02676829 frs-countries:EnglandWales 2024-01-01 2024-12-31 02676829 2022-12-31 02676829 2023-12-31 02676829 2023-01-01 2023-12-31 02676829 frs-core:CurrentFinancialInstruments 2023-12-31 02676829 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02676829
Towndate Property Management Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 02676829
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,166 1,166
1,166 1,166
CURRENT ASSETS
Cash at bank and in hand 14,512 12,948
14,512 12,948
Creditors: Amounts Falling Due Within One Year 5 (574 ) (521 )
NET CURRENT ASSETS (LIABILITIES) 13,938 12,427
TOTAL ASSETS LESS CURRENT LIABILITIES 15,104 13,593
NET ASSETS 15,104 13,593
Income and Expenditure Account 15,104 13,593
MEMBERS' FUNDS 15,104 13,593
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 Income and Expenditure Account.
On behalf of the board
Mr John Ashworth
Director
12/05/2025
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
Towndate Property Management Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 02676829 . The registered office is 38 Arnull's Road, London, England, SW16 3EP.
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 contributed for 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
This is in the respect of communal roadway, lawn and flower beds at 16-38 (even) Arnulls Road.
No provision for depreciation is considered necessary in respect of the freehoold land.
Freehold 0%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2024 1,166
As at 31 December 2024 1,166
Net Book Value
As at 31 December 2024 1,166
As at 1 January 2024 1,166
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 574 521
Page 2
Page 3
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3