Acorah Software Products - Accounts Production 16.2.850 false true true false 23 October 2023 31 October 2024 31 October 2024 15228134 Mr Junior Roberts Mr James Roberts Mr Reuben Welsh Mr William Williamson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15228134 2023-10-22 15228134 2024-10-31 15228134 2023-10-23 2024-10-31 15228134 frs-core:Non-currentFinancialInstruments 2024-10-31 15228134 frs-core:ShareCapital 2024-10-31 15228134 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 15228134 frs-bus:PrivateLimitedCompanyLtd 2023-10-23 2024-10-31 15228134 frs-bus:FilletedAccounts 2023-10-23 2024-10-31 15228134 frs-bus:SmallEntities 2023-10-23 2024-10-31 15228134 frs-bus:AuditExempt-NoAccountantsReport 2023-10-23 2024-10-31 15228134 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-23 2024-10-31 15228134 frs-bus:Director1 2023-10-23 2024-10-31 15228134 frs-bus:Director2 2023-10-23 2024-10-31 15228134 frs-bus:Director3 2023-10-23 2024-10-31 15228134 frs-bus:Director4 2023-10-23 2024-10-31 15228134 frs-countries:EnglandWales 2023-10-23 2024-10-31
Registered number: 15228134
My Build Pro Holdings Limited
Unaudited Financial Statements
For the Period 23 October 2023 to 31 October 2024
Gregory Priestley & Stewart
Chartered Accountants
Alexandra House
123 Priestsic Road
Sutton In Ashfield
Nottinghamshire
NG17 4EA
Contents
Page
Company Information 1
Statement of Financial Position 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Directors Mr Junior Roberts
Mr James Roberts
Mr Reuben Welsh
Mr William Williamson
Company Number 15228134
Registered Office 123 Priestic Road
Sutton In Ashfield
Notts
NG17 4EA
Accountants Gregory Priestley & Stewart
Chartered Accountants
Alexandra House
123 Priestsic Road
Sutton In Ashfield
Nottinghamshire
NG17 4EA
Page 1
Page 2
Statement of Financial Position
Registered number: 15228134
31 October 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 415,375
415,375
CURRENT ASSETS
Cash at bank and in hand 63,770
63,770
Creditors: Amounts Falling Due Within One Year 5 (164,650 )
NET CURRENT ASSETS (LIABILITIES) (100,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES 314,495
Creditors: Amounts Falling Due After More Than One Year 6 (327,590 )
NET LIABILITIES (13,095 )
CAPITAL AND RESERVES
Called up share capital 7 100
Income Statement (13,195 )
SHAREHOLDERS' FUNDS (13,095)
For the period ending 31 October 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 Income Statement.
On behalf of the board
Mr James Roberts
Director
Mr Reuben Welsh
Director
27/06/2025
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
My Build Pro Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15228134 . The registered office is 123 Priestic Road, Sutton In Ashfield, Notts, NG17 4EA.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis. This may not be appropriate because the company had a balance sheet deficit of £13,095 at 31st October 2024. The company is therefore dependant on the continued support of the director. Should this support be withdrawn and the company be unable to continue trading, adjustments would have to be made to reduce the value of the assets to their net realisable value and to provide any further liabilities which may arise.
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. Investment Properties
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. 
Investment property is revalued to its fair value at each reporting date and any changes in fair value are shown in the profit and loss and transferred to a fair value reserve.
2.5. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
2.6. Debtors and creditors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
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Page 3
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4. Investment Property
31 October 2024
£
Fair Value
As at 23 October 2023 -
Additions 415,375
As at 31 October 2024 415,375
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 October 2024
£
Cost 415,375
Accumulated depreciation and impairment 8,308
Carrying amount 407,067
5. Creditors: Amounts Falling Due Within One Year
31 October 2024
£
Other creditors 164,650
6. Creditors: Amounts Falling Due After More Than One Year
31 October 2024
£
Bank loans 327,590
Bank loans totalling £327,590 are secured against the Investment Property as to which the loans relate. 
Included within creditors: amounts falling due after more than one year is an amount of £327,590 in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date. 
The loans repayable after more than five years are interest only loans with interest being charged between 4.34% and 6.34% pa. 
7. Share Capital
31 October 2024
£
Allotted, Called up and fully paid 100
8. Directors Advances, Credits and Guarantees
At the balance sheet date, the directors were owed £22,901 by the company.
Page 4