Acorah Software Products - Accounts Production 16.3.350 false true 29 January 2024 1 February 2023 false 30 January 2024 29 January 2025 29 January 2025 09825855 Mr Craig Clark Mr Tony Clark Mr Craig Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09825855 2024-01-29 09825855 2025-01-29 09825855 2024-01-30 2025-01-29 09825855 frs-core:Non-currentFinancialInstruments 2025-01-29 09825855 frs-core:ShareCapital 2025-01-29 09825855 frs-core:RetainedEarningsAccumulatedLosses 2025-01-29 09825855 frs-bus:PrivateLimitedCompanyLtd 2024-01-30 2025-01-29 09825855 frs-bus:AbridgedAccounts 2024-01-30 2025-01-29 09825855 frs-bus:SmallEntities 2024-01-30 2025-01-29 09825855 frs-bus:AuditExempt-NoAccountantsReport 2024-01-30 2025-01-29 09825855 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-30 2025-01-29 09825855 frs-bus:Director1 2024-01-30 2025-01-29 09825855 frs-bus:Director2 2024-01-30 2025-01-29 09825855 frs-bus:CompanySecretary1 2024-01-30 2025-01-29 09825855 frs-countries:EnglandWales 2024-01-30 2025-01-29 09825855 2023-01-31 09825855 2024-01-29 09825855 2023-02-01 2024-01-29 09825855 frs-core:Non-currentFinancialInstruments 2024-01-29 09825855 frs-core:ShareCapital 2024-01-29 09825855 frs-core:RetainedEarningsAccumulatedLosses 2024-01-29
Registered number: 09825855
Leeds Lets Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 29 January 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 09825855
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,306,097 2,367,315
2,306,097 2,367,315
CURRENT ASSETS
Debtors 155,085 143,271
Cash at bank and in hand 159,379 7,461
314,464 150,732
Creditors: Amounts Falling Due Within One Year (1,151,363 ) (1,206,409 )
NET CURRENT ASSETS (LIABILITIES) (836,899 ) (1,055,677 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,469,198 1,311,638
Creditors: Amounts Falling Due After More Than One Year (1,402,439 ) (1,292,116 )
NET ASSETS 66,759 19,522
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 66,757 19,520
SHAREHOLDERS' FUNDS 66,759 19,522
Page 1
Page 2
For the year ending 29 January 2025 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 29 January 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Craig Clark
Director
23/05/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Leeds Lets Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09825855 . The registered office is Unit 18 Norquest Industrial Park, Birstall, WF17 9NE.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
2025
£
Fair Value
As at 30 January 2024 2,367,315
Disposals (61,218 )
As at 29 January 2025 2,306,097
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3