Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 06858139 Mr Olumuyiwa Olufote iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06858139 2023-09-30 06858139 2024-09-30 06858139 2023-10-01 2024-09-30 06858139 frs-core:CurrentFinancialInstruments 2024-09-30 06858139 frs-core:Non-currentFinancialInstruments 2024-09-30 06858139 frs-core:ShareCapital 2024-09-30 06858139 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06858139 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06858139 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06858139 frs-bus:SmallEntities 2023-10-01 2024-09-30 06858139 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06858139 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06858139 frs-bus:Director1 2023-10-01 2024-09-30 06858139 frs-core:CurrentFinancialInstruments 1 2024-09-30 06858139 frs-countries:EnglandWales 2023-10-01 2024-09-30 06858139 2022-09-30 06858139 2023-09-30 06858139 2022-10-01 2023-09-30 06858139 frs-core:CurrentFinancialInstruments 2023-09-30 06858139 frs-core:Non-currentFinancialInstruments 2023-09-30 06858139 frs-core:ShareCapital 2023-09-30 06858139 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06858139 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 06858139
PropertyMajor (UK) Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Accounting Freedom
Westhill House
2b Devonshire Road
Bexleyheath
DA6 8DS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06858139
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 158,420 155,650
Cash at bank and in hand 5,468 274
163,888 155,924
Creditors: Amounts Falling Due Within One Year 5 (188,885 ) (183,836 )
NET CURRENT ASSETS (LIABILITIES) (24,997 ) (27,912 )
TOTAL ASSETS LESS CURRENT LIABILITIES (24,997 ) (27,912 )
Creditors: Amounts Falling Due After More Than One Year 6 (10,000 ) (10,000 )
NET LIABILITIES (34,997 ) (37,912 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (35,997 ) (38,912 )
SHAREHOLDERS' FUNDS (34,997) (37,912)
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Olumuyiwa Olufote
Director
18/06/2025
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
PropertyMajor (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06858139 . The registered office is Open House Estate Agents, 76 Croydon Road, Elmers End, Beckenham, Kent, BR3 4DF.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 158,420 155,650
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Corporation tax (17 ) (17 )
Other creditors 52,938 59,576
Other creditors (1) (4,988 ) (4,238 )
Accruals and deferred income 2,350 1,550
Director's loan account 138,603 126,965
188,885 183,836
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,000 10,000
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 3