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 12864746 Mr J Platt Mrs M Platt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12864746 2023-09-30 12864746 2024-09-30 12864746 2023-10-01 2024-09-30 12864746 frs-core:CurrentFinancialInstruments 2024-09-30 12864746 frs-core:Non-currentFinancialInstruments 2024-09-30 12864746 frs-core:FurnitureFittings 2024-09-30 12864746 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12864746 frs-core:FurnitureFittings 2023-09-30 12864746 frs-core:RevaluationReserve 2023-10-01 2024-09-30 12864746 frs-core:RevaluationReserve 2024-09-30 12864746 frs-core:ShareCapital 2024-09-30 12864746 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12864746 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12864746 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12864746 frs-bus:SmallEntities 2023-10-01 2024-09-30 12864746 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12864746 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12864746 frs-bus:Director1 2023-10-01 2024-09-30 12864746 frs-bus:Director2 2023-10-01 2024-09-30 12864746 frs-countries:EnglandWales 2023-10-01 2024-09-30 12864746 2022-09-30 12864746 2023-09-30 12864746 2022-10-01 2023-09-30 12864746 frs-core:CurrentFinancialInstruments 2023-09-30 12864746 frs-core:Non-currentFinancialInstruments 2023-09-30 12864746 frs-core:RevaluationReserve 2023-09-30 12864746 frs-core:ShareCapital 2023-09-30 12864746 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12864746
Ash Homes Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12864746
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 212 283
Investment Properties 5 470,000 463,394
470,212 463,677
CURRENT ASSETS
Cash at bank and in hand 2,648 2,334
2,648 2,334
Creditors: Amounts Falling Due Within One Year 6 (221,130 ) (189,741 )
NET CURRENT ASSETS (LIABILITIES) (218,482 ) (187,407 )
TOTAL ASSETS LESS CURRENT LIABILITIES 251,730 276,270
Creditors: Amounts Falling Due After More Than One Year 7 (246,473 ) (290,426 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (1,255 ) -
NET ASSETS/(LIABILITIES) 4,002 (14,156 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 5,351 -
Profit and Loss Account (1,449 ) (14,256 )
SHAREHOLDERS' FUNDS 4,002 (14,156)
Page 1
Page 2
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.
On behalf of the board
Mr J Platt
Director
27/06/2025
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
Ash Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12864746 . The registered office is 37 WEST DRIVE, SONNING, READING, RG4 6GE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small
Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
2.2. Going Concern Disclosure
The directors have confirmed that they will continue to give financial support to the company until such time as the
company's position improves. In addition the directors have confirmed that they will not recall any loans within 12
months. The directors consider that it is appropriate to prepare the financial statements on a going concern basis.
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.
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.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings 25% on reducing balance
2.5. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair
value is recognised in profit or loss.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.
3. Average Number of Employees
Average number of employees, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 October 2023 574
As at 30 September 2024 574
Depreciation
As at 1 October 2023 291
Provided during the period 71
As at 30 September 2024 362
Net Book Value
As at 30 September 2024 212
As at 1 October 2023 283
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 463,394
Revaluations 6,606
As at 30 September 2024 470,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 463,394 463,394
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 13,432 12,282
Other creditors 207,698 177,459
221,130 189,741
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 2-5 years 58,071 53,103
Bank loans more 5 yr 188,402 237,323
246,473 290,426
Page 4
Page 5
8. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2024 2023
£ £
Other timing differences 1,255 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
Surplus on revaluation 6,606
Transfer to profit and loss (1,255 )
As at 30 September 2024 5,351
Page 5