Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12447626 Ms Sarah Hopcroft iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12447626 2023-12-31 12447626 2024-12-31 12447626 2024-01-01 2024-12-31 12447626 frs-core:CurrentFinancialInstruments 2024-12-31 12447626 frs-core:Non-currentFinancialInstruments 2024-12-31 12447626 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12447626 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12447626 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12447626 frs-bus:SmallEntities 2024-01-01 2024-12-31 12447626 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12447626 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12447626 frs-bus:Director1 2024-01-01 2024-12-31 12447626 frs-countries:EnglandWales 2024-01-01 2024-12-31 12447626 2022-12-31 12447626 2023-12-31 12447626 2023-01-01 2023-12-31 12447626 frs-core:CurrentFinancialInstruments 2023-12-31 12447626 frs-core:Non-currentFinancialInstruments 2023-12-31 12447626 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12447626
Shropshire 1797 Investments Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 12447626
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 470,956 470,956
470,956 470,956
CURRENT ASSETS
Debtors 5 1,909 28,740
Cash at bank and in hand 174,707 1,262
176,616 30,002
Creditors: Amounts Falling Due Within One Year 7 (126,816 ) (16,553 )
NET CURRENT ASSETS (LIABILITIES) 49,800 13,449
TOTAL ASSETS LESS CURRENT LIABILITIES 520,756 484,405
Creditors: Amounts Falling Due After More Than One Year 8 (192,000 ) (320,511 )
NET ASSETS 328,756 163,894
Profit and Loss Account 328,756 163,894
SHAREHOLDERS' FUNDS 328,756 163,894
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Sarah Hopcroft
Director
19 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
Shropshire 1797 Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12447626 . The registered office is 4 Stuart Way, Market Drayton, Shropshire, TF9 3TT.
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. Turnover includes revenue earned from property rental. 
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 2
Page 3
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 470,956
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
as restated
£ £
Cost 470,956 470,956
Investment property is recognised at fair value represented by the above. The directors have considered the valuation of the investment properties and in their opinion the revalued amount is in the line with the open market value. Revaluation gains and losses are taken to profit and loss during the year and subsequently transferred to the fair value reserve, net of deferred tax.
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 825 -
Prepayments and accrued income 1,084 803
Director's loan account - 27,937
1,909 28,740
6. Current Asset Investments
Shares in unlisted investments are recorded at cost less impairment. This includes shares in participating interest with a cost of £0.01.
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors - 508
Bank loans and overdrafts - 7,477
Corporation tax 6,476 3,830
Accruals and deferred income 998 4,738
Director's loan account 119,342 -
126,816 16,553
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans - 128,511
Directors loan account 192,000 192,000
192,000 320,511
Page 3
Page 4
9. Share Capital
2024 2023
as restated
£ £
Share capital comprises 1 ordinary share of £0.01, allotted, called up and fully paid
10. Related Party Transactions
Dividends received from a participating interest during the year were £144,699 (2023: £60,000)
Page 4