Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12256562 Mrs Michelle Wilkinson Mr Nicholas Carson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12256562 2023-10-31 12256562 2024-10-31 12256562 2023-11-01 2024-10-31 12256562 frs-core:CurrentFinancialInstruments 2024-10-31 12256562 frs-core:Non-currentFinancialInstruments 2024-10-31 12256562 frs-core:ShareCapital 2024-10-31 12256562 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12256562 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12256562 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12256562 frs-bus:SmallEntities 2023-11-01 2024-10-31 12256562 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12256562 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12256562 frs-bus:Director1 2023-11-01 2024-10-31 12256562 frs-bus:Director2 2023-11-01 2024-10-31 12256562 frs-countries:EnglandWales 2023-11-01 2024-10-31 12256562 2022-10-31 12256562 2023-10-31 12256562 2022-11-01 2023-10-31 12256562 frs-core:CurrentFinancialInstruments 2023-10-31 12256562 frs-core:Non-currentFinancialInstruments 2023-10-31 12256562 frs-core:ShareCapital 2023-10-31 12256562 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12256562
Union Street (Torquay) Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Michael Stuart Associates Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12256562
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 440,000 440,000
440,000 440,000
CURRENT ASSETS
Debtors 5 73,242 72,128
Cash at bank and in hand 5,435 2,585
78,677 74,713
Creditors: Amounts Falling Due Within One Year 6 (124,978 ) (124,710 )
NET CURRENT ASSETS (LIABILITIES) (46,301 ) (49,997 )
TOTAL ASSETS LESS CURRENT LIABILITIES 393,699 390,003
Creditors: Amounts Falling Due After More Than One Year 7 (334,950 ) (334,950 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (21,061 ) (21,061 )
NET ASSETS 37,688 33,992
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 37,588 33,892
SHAREHOLDERS' FUNDS 37,688 33,992
Page 1
Page 2
For the year 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 Profit and Loss Account.
On behalf of the board
Mrs Michelle Wilkinson
Director
19/07/2025
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
Union Street (Torquay) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12256562 . The registered office is C/O Michael Stuart Associates, Suite F4 The Business centre, Templewood Estate, Stock Road, Essex, CM2 8LP.
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 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. 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. Investment Property
2024
£
Fair Value
As at 1 November 2023 and 31 October 2024 440,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 329,152 329,152
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,074 -
Other debtors 72,168 72,128
73,242 72,128
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 34 540
Other creditors 124,944 124,170
124,978 124,710
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 334,950 334,950
8. Secured Creditors
Of the creditors the following amounts are secured.
Bank loans are secured by way of a 1st legal charge over a certain property.
2024 2023
£ £
Bank loans and overdrafts 334,950 334,950
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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