Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09765272 Mr Dean Shirley Mr Kevin Ducksbury iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09765272 2023-09-30 09765272 2024-09-30 09765272 2023-10-01 2024-09-30 09765272 frs-core:CurrentFinancialInstruments 2024-09-30 09765272 frs-core:Non-currentFinancialInstruments 2024-09-30 09765272 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-30 09765272 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-30 09765272 frs-core:ShareCapital 2024-09-30 09765272 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09765272 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09765272 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09765272 frs-bus:SmallEntities 2023-10-01 2024-09-30 09765272 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09765272 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09765272 frs-bus:Director1 2023-10-01 2024-09-30 09765272 frs-bus:Director2 2023-10-01 2024-09-30 09765272 frs-core:Non-currentFinancialInstruments 1 2024-09-30 09765272 frs-countries:EnglandWales 2023-10-01 2024-09-30 09765272 2022-09-30 09765272 2023-09-30 09765272 2022-10-01 2023-09-30 09765272 frs-core:CurrentFinancialInstruments 2023-09-30 09765272 frs-core:Non-currentFinancialInstruments 2023-09-30 09765272 frs-core:ShareCapital 2023-09-30 09765272 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 09765272 frs-core:Non-currentFinancialInstruments 1 2023-09-30
Registered number: 09765272
New Avenue Properties Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Zazie Business Services Ltd
Innovation Centre Medway
Maidstone Road
Chatham
Kent
ME5 9FD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09765272
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 271,477 271,477
271,477 271,477
CURRENT ASSETS
Debtors 5 4,355 4,355
Cash at bank and in hand 805 3,027
5,160 7,382
Creditors: Amounts Falling Due Within One Year 6 (98,690 ) (88,242 )
NET CURRENT ASSETS (LIABILITIES) (93,530 ) (80,860 )
TOTAL ASSETS LESS CURRENT LIABILITIES 177,947 190,617
Creditors: Amounts Falling Due After More Than One Year 7 (227,868 ) (227,868 )
NET LIABILITIES (49,921 ) (37,251 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (50,021 ) (37,351 )
SHAREHOLDERS' FUNDS (49,921) (37,251)
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 Dean Shirley
Director
26/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
New Avenue Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09765272 . The registered office is Innovation Centre Medway, Maidstone Road, Chatham, Kent, ME5 9FD.
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:
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost
As at 1 October 2023 271,477
As at 30 September 2024 271,477
Net Book Value
As at 30 September 2024 271,477
As at 1 October 2023 271,477
5. Debtors
2024 2023
£ £
Due within one year
Deferred tax current asset 4,355 4,355
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (1 )
Accruals and deferred income 500 500
Directors' loan accounts 98,191 87,743
98,690 88,242
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 215,860 215,860
Other creditors (1) 12,008 12,008
227,868 227,868
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3