Acorah Software Products - Accounts Production 16.3.350 false true true 31 October 2023 1 August 2022 false 1 November 2023 31 October 2024 31 October 2024 07320839 Mr Ryan Brown Ms Emma-Louise Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07320839 2023-10-31 07320839 2024-10-31 07320839 2023-11-01 2024-10-31 07320839 frs-core:CurrentFinancialInstruments 2024-10-31 07320839 frs-core:Non-currentFinancialInstruments 2024-10-31 07320839 frs-core:PlantMachinery 2024-10-31 07320839 frs-core:PlantMachinery 2023-11-01 2024-10-31 07320839 frs-core:PlantMachinery 2023-10-31 07320839 frs-core:ShareCapital 2024-10-31 07320839 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07320839 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07320839 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07320839 frs-bus:SmallEntities 2023-11-01 2024-10-31 07320839 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07320839 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07320839 frs-bus:Director1 2023-11-01 2024-10-31 07320839 frs-bus:Director2 2023-11-01 2024-10-31 07320839 frs-countries:EnglandWales 2023-11-01 2024-10-31 07320839 2022-07-31 07320839 2023-10-31 07320839 2022-08-01 2023-10-31 07320839 frs-core:CurrentFinancialInstruments 2023-10-31 07320839 frs-core:Non-currentFinancialInstruments 2023-10-31 07320839 frs-core:ShareCapital 2023-10-31 07320839 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07320839
Brick House Properties Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07320839
31 October 2024 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 297
- 297
CURRENT ASSETS
Debtors 5 15,836 33,229
Cash at bank and in hand 2,034 1,715
17,870 34,944
Creditors: Amounts Falling Due Within One Year 6 (26,956 ) (33,785 )
NET CURRENT ASSETS (LIABILITIES) (9,086 ) 1,159
TOTAL ASSETS LESS CURRENT LIABILITIES (9,086 ) 1,456
Creditors: Amounts Falling Due After More Than One Year 7 (11,581 ) (21,668 )
NET LIABILITIES (20,667 ) (20,212 )
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account (20,670 ) (20,215 )
SHAREHOLDERS' FUNDS (20,667) (20,212)
For the year 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 Ryan Brown
Director
17/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Brick House Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07320839 . The registered office is Casero, Northall Road, Eaton Bray, LU6 2DQ.
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
At the balance sheet date, liabilities exceed assets by £20,667 (2023: £20,212). However, the financials statements have been prepared on going concern basis as the company has the continuing support from its directors and shareholders. The directors are therefore satisfied that the financial statements have been correctly prepared on the going concern basis.
2.3. 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.
2.4. 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:
Plant & Machinery 20% on cost
2.5. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.6. 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.
2.7. 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 method.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2023 4,852
As at 31 October 2024 4,852
Depreciation
As at 1 November 2023 4,555
Provided during the period 297
As at 31 October 2024 4,852
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 297
5. Debtors
31 October 2024 31 October 2023
£ £
Due within one year
Other debtors 15,836 33,229
6. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 October 2023
£ £
Bank loans and overdrafts 9,999 9,999
Other creditors 16,761 23,690
Taxation and social security 196 96
26,956 33,785
Other Creditors include £3,076 (PY: £21,076) which represents the amount owing by the company in respect of court default certificates following an unsuccessful court action to evict two tenants from a property formerly managed by them.
7. Creditors: Amounts Falling Due After More Than One Year
31 October 2024 31 October 2023
£ £
Bank loans 11,581 21,668
8. Share Capital
31 October 2024 31 October 2023
£ £
Allotted, Called up and fully paid 3 3
Page 3
Page 4
9. Reserves
Profit and Loss Account
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
10. Related Party Transactions
As at balance sheet date, included in creditors were amounts due to directors of £10,470 (2023: £17,393 included in debtors).
11. Going concern
The company ceased to trade on 31st October 2023 and, because of the legal claim against the company as outlined in note 6, the company is insolvent.
These accounts have been prepared on a going concern basis on the expectation that the directors, shareholders and family members will continue to support the company to repay it's Bank Loan and other debts. If this is not the case the figures would need to be revised on the basis that the company is insolvent.
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