Acorah Software Products - Accounts Production 16.3.350 false true true 31 July 2023 12 July 2022 false 1 August 2023 31 July 2024 31 July 2024 14228163 Mr Daniel Butt Mrs Claire Butt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14228163 2023-07-31 14228163 2024-07-31 14228163 2023-08-01 2024-07-31 14228163 frs-core:CurrentFinancialInstruments 2024-07-31 14228163 frs-core:Non-currentFinancialInstruments 2024-07-31 14228163 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 14228163 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 14228163 frs-core:ShareCapital 2024-07-31 14228163 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14228163 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14228163 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 14228163 frs-bus:SmallEntities 2023-08-01 2024-07-31 14228163 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14228163 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 14228163 frs-bus:Director1 2023-08-01 2024-07-31 14228163 frs-bus:Director2 2023-08-01 2024-07-31 14228163 frs-countries:EnglandWales 2023-08-01 2024-07-31 14228163 2022-07-11 14228163 2023-07-31 14228163 2022-07-12 2023-07-31 14228163 frs-core:CurrentFinancialInstruments 2023-07-31 14228163 frs-core:Non-currentFinancialInstruments 2023-07-31 14228163 frs-core:ShareCapital 2023-07-31 14228163 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 14228163
Northwood Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14228163
31 July 2024 31 July 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 354,603 354,603
354,603 354,603
CURRENT ASSETS
Debtors 5 2,871 -
Cash at bank and in hand 12,380 6,094
15,251 6,094
Creditors: Amounts Falling Due Within One Year 6 (142,591 ) (151,318 )
NET CURRENT ASSETS (LIABILITIES) (127,340 ) (145,224 )
TOTAL ASSETS LESS CURRENT LIABILITIES 227,263 209,379
Creditors: Amounts Falling Due After More Than One Year 7 (220,055 ) (211,989 )
NET ASSETS/(LIABILITIES) 7,208 (2,610 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 7,108 (2,710 )
SHAREHOLDERS' FUNDS 7,208 (2,610)
For the year ending 31 July 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 Daniel Butt
Director
23 June 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Northwood Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14228163 . The registered office is Unit 3 Vista Place Coy Pond Business Park, Ingworth Road, Poole, Dorset, England, BH12 1JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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 and the directors will continue to support the company for the next 12 months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is represented by revenue earned from the rental of investment property.
2.4. 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.
2.5. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.6. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 August 2023 354,603
As at 31 July 2024 354,603
Net Book Value
As at 31 July 2024 354,603
As at 1 August 2023 354,603
The investment property has been revalued at the market value by the directors on 31 July 2023. The historical cost is seen to be the same as the market value of the investment property which is £354,603 (2023 - £354,603).
5. Debtors
31 July 2024 31 July 2023
£ £
Due within one year
Prepayments and accrued income 1,313 -
Other debtors 1,558 -
2,871 -
6. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 July 2023
£ £
Bank loans and overdrafts - 4,982
Corporation tax 1,667 -
Other creditors 139,746 145,376
Accruals and deferred income 1,178 960
142,591 151,318
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2024 31 July 2023
£ £
Bank loans 220,055 211,989
8. Secured Creditors
Of the creditors the following amounts are secured.
31 July 2024 31 July 2023
£ £
Bank loans and overdrafts 220,055 216,219
Page 3
Page 4
9. Share Capital
31 July 2024 31 July 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4