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 08747246 Mr Jeremy Nussbaum Mr Elliot Nussbaum iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08747246 2023-10-31 08747246 2024-10-31 08747246 2023-11-01 2024-10-31 08747246 frs-core:CurrentFinancialInstruments 2024-10-31 08747246 frs-core:Non-currentFinancialInstruments 2024-10-31 08747246 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-31 08747246 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-01 2024-10-31 08747246 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 08747246 frs-core:RevaluationReserve 2023-11-01 2024-10-31 08747246 frs-core:RevaluationReserve 2023-10-31 08747246 frs-core:RevaluationReserve 2024-10-31 08747246 frs-core:ShareCapital 2024-10-31 08747246 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08747246 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08747246 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08747246 frs-bus:SmallEntities 2023-11-01 2024-10-31 08747246 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08747246 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08747246 frs-bus:Director1 2023-11-01 2024-10-31 08747246 frs-bus:Director2 2023-11-01 2024-10-31 08747246 frs-countries:EnglandWales 2023-11-01 2024-10-31 08747246 2022-10-31 08747246 2023-10-31 08747246 2022-11-01 2023-10-31 08747246 frs-core:CurrentFinancialInstruments 2023-10-31 08747246 frs-core:Non-currentFinancialInstruments 2023-10-31 08747246 frs-core:RevaluationReserve 2023-10-31 08747246 frs-core:ShareCapital 2023-10-31 08747246 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08747246
Imperial Swanpark Limited
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08747246
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 600,000 545,000
600,000 545,000
CURRENT ASSETS
Debtors 5 2,939 4,791
Cash at bank and in hand 6,889 4,202
9,828 8,993
Creditors: Amounts Falling Due Within One Year 6 (134,528 ) (47,701 )
NET CURRENT ASSETS (LIABILITIES) (124,700 ) (38,708 )
TOTAL ASSETS LESS CURRENT LIABILITIES 475,300 506,292
Creditors: Amounts Falling Due After More Than One Year 7 (320,000 ) (431,841 )
NET ASSETS 155,300 74,451
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 95,685 40,685
Profit and Loss Account 59,515 33,666
SHAREHOLDERS' FUNDS 155,300 74,451
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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
Mr Jeremy Nussbaum
Director
24th July 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
Imperial Swanpark Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08747246 . The registered office is 57 Singleton Road, SALFORD, M7 4NA.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Investment Properties
Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.
Investment properties should be included in the balance sheet at their open market value.
2.4. Taxation
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 November 2023 545,000
Revaluation 55,000
As at 31 October 2024 600,000
Net Book Value
As at 31 October 2024 600,000
As at 1 November 2023 545,000
Investment Properties are valued by the directors based on the open market value for similar properties in the local area. The historical cost of the investment properties included at a valuation of £600,000 (2023: £545,000) was £504,314 (2023: £504,314). 
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,939 4,791
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,963 5,938
Corporation tax 6,769 4,117
Other creditors 2,291 900
Accruals and deferred income 3,186 3,427
Directors' loan accounts 120,319 33,319
134,528 47,701
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 80,000 81,841
Directors loan account 240,000 350,000
320,000 431,841
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 November 2023 40,685
Surplus on revaluation 55,000
As at 31 October 2024 95,685
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