Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 05552316 Mr Mark Johnson Mr Peter Johnson Mrs Wendy Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05552316 2023-09-30 05552316 2024-09-30 05552316 2023-10-01 2024-09-30 05552316 frs-core:ComputerEquipment 2023-10-01 2024-09-30 05552316 frs-core:FurnitureFittings 2023-10-01 2024-09-30 05552316 frs-core:NetGoodwill 2023-10-01 2024-09-30 05552316 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05552316 frs-core:MotorVehicles 2023-10-01 2024-09-30 05552316 frs-core:PlantMachinery 2023-10-01 2024-09-30 05552316 frs-core:ShareCapital 2024-09-30 05552316 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05552316 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05552316 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 05552316 frs-bus:SmallEntities 2023-10-01 2024-09-30 05552316 frs-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 05552316 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05552316 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 05552316 frs-bus:OrdinaryShareClass1 2024-09-30 05552316 frs-bus:Director1 2023-10-01 2024-09-30 05552316 frs-bus:Director2 2023-10-01 2024-09-30 05552316 frs-bus:Director3 2023-10-01 2024-09-30 05552316 frs-countries:EnglandWales 2023-10-01 2024-09-30 05552316 2022-09-30 05552316 2023-09-30 05552316 2022-10-01 2023-09-30 05552316 frs-core:ShareCapital 2023-09-30 05552316 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 05552316 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30
Registered number: 05552316
Greenfields Property Limited
ABRIDGED Financial Statements
For The Year Ended 30 September 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Greenfields Property Limited for the year ended 30 September 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Greenfields Property Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Greenfields Property Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Greenfields Property Limited and state those matters that we have agreed to state to the directors of Greenfields Property Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenfields Property Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Greenfields Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Greenfields Property Limited . You consider that Greenfields Property Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Greenfields Property Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
23 June 2025
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Abridged Balance Sheet
Registered number: 05552316
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,000 12,000
Tangible Assets 5 714,155 739,344
723,155 751,344
CURRENT ASSETS
Stocks 10,385 11,994
Debtors 16,864 31,552
Cash at bank and in hand 774,818 1,173,324
802,067 1,216,870
Creditors: Amounts Falling Due Within One Year (24,666 ) (385,090 )
NET CURRENT ASSETS (LIABILITIES) 777,401 831,780
TOTAL ASSETS LESS CURRENT LIABILITIES 1,500,556 1,583,124
NET ASSETS 1,500,556 1,583,124
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 1,500,456 1,583,024
SHAREHOLDERS' FUNDS 1,500,556 1,583,124
Page 2
Page 3
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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mark Johnson
Director
Mr Peter Johnson
Director
23 June 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Greenfields Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05552316 . The registered office is CKR House, 70 East hill, Dartford, England, DA1 1RZ.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold Nil
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 20% reducing balance basis
Computer Equipment 25% reducing balance basis
2.6. 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.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 3 2
4 3
Page 4
Page 5
4. Intangible Assets
Total
£
Cost
As at 1 October 2023 30,000
As at 30 September 2024 30,000
Amortisation
As at 1 October 2023 18,000
Provided during the period 3,000
As at 30 September 2024 21,000
Net Book Value
As at 30 September 2024 9,000
As at 1 October 2023 12,000
5. Tangible Assets
Total
£
Cost
As at 1 October 2023 813,901
Additions 21,913
As at 30 September 2024 835,814
Depreciation
As at 1 October 2023 74,557
Provided during the period 47,102
As at 30 September 2024 121,659
Net Book Value
As at 30 September 2024 714,155
As at 1 October 2023 739,344
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
Page 5