Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 11422251 Mrs H Payne Mr S J Payne true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11422251 2023-06-30 11422251 2024-06-30 11422251 2023-07-01 2024-06-30 11422251 frs-core:CurrentFinancialInstruments 2024-06-30 11422251 frs-core:Non-currentFinancialInstruments 2024-06-30 11422251 frs-core:ShareCapital 2024-06-30 11422251 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11422251 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11422251 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 11422251 frs-bus:SmallEntities 2023-07-01 2024-06-30 11422251 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11422251 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11422251 1 2023-07-01 2024-06-30 11422251 frs-core:CostValuation 2023-06-30 11422251 frs-core:CostValuation 2024-06-30 11422251 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 11422251 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 11422251 frs-bus:Director1 2023-07-01 2024-06-30 11422251 frs-bus:Director2 2023-07-01 2024-06-30 11422251 frs-countries:EnglandWales 2023-07-01 2024-06-30 11422251 2022-06-30 11422251 2023-06-30 11422251 2022-07-01 2023-06-30 11422251 frs-core:CurrentFinancialInstruments 2023-06-30 11422251 frs-core:Non-currentFinancialInstruments 2023-06-30 11422251 frs-core:ShareCapital 2023-06-30 11422251 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 11422251
Hightrees Property Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11422251
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 735,682 735,682
735,682 735,682
CURRENT ASSETS
Cash at bank and in hand 10,543 2,449
10,543 2,449
Creditors: Amounts Falling Due Within One Year 6 (155,720 ) (153,574 )
NET CURRENT ASSETS (LIABILITIES) (145,177 ) (151,125 )
TOTAL ASSETS LESS CURRENT LIABILITIES 590,505 584,557
Creditors: Amounts Falling Due After More Than One Year 7 (569,515 ) (569,515 )
NET ASSETS 20,990 15,042
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 20,890 14,942
SHAREHOLDERS' FUNDS 20,990 15,042
Page 1
Page 2
For the year ending 30 June 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 S J Payne
Director
20th June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hightrees Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11422251 . The registered office is Heritage Exchange, South Lane, Elland, West Yorkshire, HX5 0HG.
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 from rental income, net of
discounts and value added taxes.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 years 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 or deferred 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 and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Other
£
Cost
As at 1 July 2023 735,682
As at 30 June 2024 735,682
Provision
As at 1 July 2023 -
As at 30 June 2024 -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 June 2024 735,682
As at 1 July 2023 735,682
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 154,206 153,456
Taxation and social security 1,514 118
155,720 153,574
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 569,515 569,515
The bank loans are secured on the assets to which they relate.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
During the period the company was controlled by the directors who own 100% of the issued share
capital.
Page 4