Acorah Software Products - Accounts Production 16.3.350 false true true 29 September 2023 30 September 2022 false 30 September 2023 29 September 2024 29 September 2024 04416011 Mr Richard Holmes Mrs Ellinor Holmes Holmes Holdings (Yorkshire) Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04416011 2023-09-29 04416011 2024-09-29 04416011 2023-09-30 2024-09-29 04416011 frs-core:CurrentFinancialInstruments 2024-09-29 04416011 frs-core:Non-currentFinancialInstruments 2024-09-29 04416011 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-29 04416011 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 2024-09-29 04416011 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-29 04416011 frs-core:MotorVehicles 2023-09-30 2024-09-29 04416011 frs-core:PlantMachinery 2023-09-30 2024-09-29 04416011 frs-core:ShareCapital 2024-09-29 04416011 frs-core:RetainedEarningsAccumulatedLosses 2024-09-29 04416011 frs-bus:PrivateLimitedCompanyLtd 2023-09-30 2024-09-29 04416011 frs-bus:FilletedAccounts 2023-09-30 2024-09-29 04416011 frs-bus:SmallEntities 2023-09-30 2024-09-29 04416011 frs-bus:AuditExempt-NoAccountantsReport 2023-09-30 2024-09-29 04416011 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-30 2024-09-29 04416011 1 2023-09-30 2024-09-29 04416011 frs-core:UnlistedNon-exchangeTraded 2024-09-29 04416011 frs-core:UnlistedNon-exchangeTraded 2023-09-29 04416011 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-29 04416011 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-29 04416011 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-29 04416011 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-29 04416011 frs-bus:Director1 2023-09-30 2024-09-29 04416011 frs-bus:Director2 2023-09-30 2024-09-29 04416011 frs-countries:EnglandWales 2023-09-30 2024-09-29 04416011 2022-09-29 04416011 2023-09-29 04416011 2022-09-30 2023-09-29 04416011 frs-core:CurrentFinancialInstruments 2023-09-29 04416011 frs-core:Non-currentFinancialInstruments 2023-09-29 04416011 frs-core:ShareCapital 2023-09-29 04416011 frs-core:RetainedEarningsAccumulatedLosses 2023-09-29
Registered number: 04416011
Leeds & Bradford Properties Limited
Unaudited Financial Statements
For The Year Ended 29 September 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04416011
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 58,000 58,000
Investments 5 100 100
58,100 58,100
CURRENT ASSETS
Stocks 3,912,284 5,834,654
Debtors 6 455,689 793,414
Cash at bank and in hand 100,492 13,203
4,468,465 6,641,271
Creditors: Amounts Falling Due Within One Year 7 (1,704,913 ) (149,858 )
NET CURRENT ASSETS (LIABILITIES) 2,763,552 6,491,413
TOTAL ASSETS LESS CURRENT LIABILITIES 2,821,652 6,549,513
Creditors: Amounts Falling Due After More Than One Year 8 (2,865,377 ) (6,531,112 )
NET (LIABILITIES)/ASSETS (43,725 ) 18,401
CAPITAL AND RESERVES
Called up share capital 10 2 2
Income Statement (43,727 ) 18,399
SHAREHOLDERS' FUNDS (43,725) 18,401
Page 1
Page 2
For the year ending 29 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 Income Statement.
On behalf of the board
Mr Richard Holmes
Director
23 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leeds & Bradford Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04416011 . The registered office is The Octagon, Wells Road , Ilkley, West Yorkshire, LS29 9JB.
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
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
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.
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:
Freehold No depreciation
Plant & Machinery 15% on cost
Motor Vehicles 25% on Reducing balance
2.5. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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: 3 (2023: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 30 September 2023 58,000
As at 29 September 2024 58,000
Net Book Value
As at 29 September 2024 58,000
As at 30 September 2023 58,000
5. Investments
Unlisted
£
Cost
As at 30 September 2023 100
As at 29 September 2024 100
Provision
As at 30 September 2023 -
As at 29 September 2024 -
Net Book Value
As at 29 September 2024 100
As at 30 September 2023 100
Edkins & Holmes Property Management Ltd
100 ordinary £1 shares representing 100% of the issued share capital
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 186,279 448,088
Other debtors 4,955 3,445
191,234 451,533
Due after more than one year
Other debtors 264,455 341,881
455,689 793,414
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,109 4,954
Bank loans and overdrafts 4,984 4,988
Amounts owed to group undertakings 1,599,505 53,123
Other creditors 90,156 80,539
Taxation and social security 2,159 6,254
1,704,913 149,858
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,707 27,608
Other loans 853,727 5,226,738
Other creditors 1,988,943 1,276,766
2,865,377 6,531,112
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Other Creditors 2,538,749 5,226,738
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
11. Ultimate Controlling Party
The company's ultimate controlling party is Holmes Holdings (Yorkshire) Ltd by virtue of his ownership of 100% of the issued share capital in the company.
Page 5