Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 31 October 2024 31 October 2024 09883694 Mr Ian Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09883694 2024-04-30 09883694 2024-10-31 09883694 2024-05-01 2024-10-31 09883694 frs-core:CurrentFinancialInstruments 2024-10-31 09883694 frs-core:Non-currentFinancialInstruments 2024-10-31 09883694 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 09883694 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2024-10-31 09883694 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 09883694 frs-core:RevaluationReserve 2024-05-01 2024-10-31 09883694 frs-core:RevaluationReserve 2024-10-31 09883694 frs-core:ShareCapital 2024-10-31 09883694 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09883694 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2024-10-31 09883694 frs-bus:FilletedAccounts 2024-05-01 2024-10-31 09883694 frs-bus:SmallEntities 2024-05-01 2024-10-31 09883694 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2024-10-31 09883694 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-10-31 09883694 frs-core:CostValuation 2024-04-30 09883694 frs-core:CostValuation 2024-10-31 09883694 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 09883694 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 09883694 frs-bus:Director1 2024-05-01 2024-10-31 09883694 frs-bus:Director1 2024-04-30 09883694 frs-bus:Director1 2024-10-31 09883694 frs-countries:EnglandWales 2024-05-01 2024-10-31 09883694 2023-04-30 09883694 2024-04-30 09883694 2023-05-01 2024-04-30 09883694 frs-core:CurrentFinancialInstruments 2024-04-30 09883694 frs-core:Non-currentFinancialInstruments 2024-04-30 09883694 frs-core:RevaluationReserve 2024-04-30 09883694 frs-core:ShareCapital 2024-04-30 09883694 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 09883694
I B Holdings & Investments Limited
Unaudited Financial Statements
For the Period 1 May 2024 to 31 October 2024
Johnston Wood Roach Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09883694
31 October 2024 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,390 7,390
Investment Properties 5 600,000 484,694
Investments 6 101 101
607,491 492,185
CURRENT ASSETS
Debtors 7 496,026 457,859
Cash at bank and in hand 46,487 2,647
542,513 460,506
Creditors: Amounts Falling Due Within One Year 8 (157,280 ) (176,758 )
NET CURRENT ASSETS (LIABILITIES) 385,233 283,748
TOTAL ASSETS LESS CURRENT LIABILITIES 992,724 775,933
Creditors: Amounts Falling Due After More Than One Year 9 (355,454 ) (355,454 )
NET ASSETS 637,270 420,479
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 12 115,306 -
Profit and Loss Account 521,864 420,379
SHAREHOLDERS' FUNDS 637,270 420,479
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Ian Baker
Director
7 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
I B Holdings & Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09883694 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.
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 Not depreciated
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 period was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 May 2024 7,390
As at 31 October 2024 7,390
Net Book Value
As at 31 October 2024 7,390
As at 1 May 2024 7,390
Page 3
Page 4
5. Investment Property
31 October 2024
£
Fair Value
As at 1 May 2024 484,694
Revaluations 115,306
As at 31 October 2024 600,000
6. Investments
Subsidiaries
£
Cost
As at 1 May 2024 101
As at 31 October 2024 101
Provision
As at 1 May 2024 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 101
As at 1 May 2024 101
7. Debtors
31 October 2024 30 April 2024
£ £
Due within one year
Amounts owed by group undertakings 18,760 16,760
Other debtors 477,266 441,099
496,026 457,859
8. Creditors: Amounts Falling Due Within One Year
31 October 2024 30 April 2024
£ £
Amounts owed to group undertakings 130,265 149,277
Other creditors 750 1,200
Taxation and social security 26,265 26,281
157,280 176,758
9. Creditors: Amounts Falling Due After More Than One Year
31 October 2024 30 April 2024
£ £
Other loans 355,454 355,454
Page 4
Page 5
10. Share Capital
31 October 2024 30 April 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Ian Baker 331,338 35,323 156 - 366,505
The above loan is unsecured, interest free and repayable on demand.
12. Reserves
Revaluation Reserve
£
Surplus on revaluation 115,306
As at 31 October 2024 115,306
Page 5