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 6289780 Miss Riley Smith Mr Sam Smith Mr Stephen Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6289780 2023-06-30 6289780 2024-06-30 6289780 2023-07-01 2024-06-30 6289780 frs-core:CurrentFinancialInstruments 2024-06-30 6289780 frs-core:Non-currentFinancialInstruments 2024-06-30 6289780 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 6289780 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 6289780 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 6289780 frs-core:PlantMachinery 2023-07-01 2024-06-30 6289780 frs-core:RevaluationReserve 2023-06-30 6289780 frs-core:RevaluationReserve 2024-06-30 6289780 frs-core:ShareCapital 2024-06-30 6289780 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 6289780 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 6289780 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 6289780 frs-bus:SmallEntities 2023-07-01 2024-06-30 6289780 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 6289780 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 6289780 frs-bus:Director1 2023-07-01 2024-06-30 6289780 frs-bus:Director2 2023-07-01 2024-06-30 6289780 frs-bus:Director3 2023-07-01 2024-06-30 6289780 frs-countries:EnglandWales 2023-07-01 2024-06-30 6289780 2022-06-30 6289780 2023-06-30 6289780 2022-07-01 2023-06-30 6289780 frs-core:CurrentFinancialInstruments 2023-06-30 6289780 frs-core:Non-currentFinancialInstruments 2023-06-30 6289780 frs-core:RevaluationReserve 2023-06-30 6289780 frs-core:ShareCapital 2023-06-30 6289780 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 6289780
The Sam Riley Property Co Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Kite Accountants
Lombard House Centre
12-17 Upper Bridge Street
Canterbury
Kent
CT1 2NF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 6289780
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 815,000 815,000
815,000 815,000
CURRENT ASSETS
Debtors 5 - 509
Cash at bank and in hand 868 1,527
868 2,036
Creditors: Amounts Falling Due Within One Year 6 (60,970 ) (52,682 )
NET CURRENT ASSETS (LIABILITIES) (60,102 ) (50,646 )
TOTAL ASSETS LESS CURRENT LIABILITIES 754,898 764,354
Creditors: Amounts Falling Due After More Than One Year 7 (265,812 ) (274,291 )
NET ASSETS 489,086 490,063
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 498,909 498,909
Profit and Loss Account (9,923 ) (8,946 )
SHAREHOLDERS' FUNDS 489,086 490,063
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 Stephen Smith
Director
26/06/2025
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
The Sam Riley Property Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6289780 . The registered office is 3 Pier Avenue, Whitstable, Kent, CT5 2HH.
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.
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 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.
2.3. 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 0%
Plant & Machinery 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 July 2023 815,000
As at 30 June 2024 815,000
Net Book Value
As at 30 June 2024 815,000
As at 1 July 2023 815,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 509
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 250
Other creditors 3,241 -
Directors' loan accounts 57,729 52,432
60,970 52,682
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors Long Term 248,211 248,211
Bank loans 5,451 10,618
Bounce-Back Loan 12,150 15,462
265,812 274,291
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 July 2023 498,909
As at 30 June 2024 498,909
Page 4