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 10425897 Mr Paul Symons Mr Gary Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10425897 2023-10-31 10425897 2024-10-31 10425897 2023-11-01 2024-10-31 10425897 frs-core:CurrentFinancialInstruments 2024-10-31 10425897 frs-core:Non-currentFinancialInstruments 2024-10-31 10425897 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 10425897 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 10425897 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 10425897 frs-core:ShareCapital 2024-10-31 10425897 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10425897 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10425897 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10425897 frs-bus:SmallEntities 2023-11-01 2024-10-31 10425897 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10425897 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10425897 frs-bus:Director1 2023-11-01 2024-10-31 10425897 frs-bus:Director2 2023-11-01 2024-10-31 10425897 frs-countries:EnglandWales 2023-11-01 2024-10-31 10425897 2022-10-31 10425897 2023-10-31 10425897 2022-11-01 2023-10-31 10425897 frs-core:CurrentFinancialInstruments 2023-10-31 10425897 frs-core:Non-currentFinancialInstruments 2023-10-31 10425897 frs-core:ShareCapital 2023-10-31 10425897 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10425897
P & G PROPERTY DEVELOPMENTS LTD
Financial Statements
For The Year Ended 31 October 2024
Trek Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10425897
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 396,309 396,309
396,309 396,309
CURRENT ASSETS
Debtors 5 15,000 -
Cash at bank and in hand 33,255 17,870
48,255 17,870
Creditors: Amounts Falling Due Within One Year 6 (174,573 ) (142,812 )
NET CURRENT ASSETS (LIABILITIES) (126,318 ) (124,942 )
TOTAL ASSETS LESS CURRENT LIABILITIES 269,991 271,367
Creditors: Amounts Falling Due After More Than One Year 7 (281,340 ) (283,313 )
NET LIABILITIES (11,349 ) (11,946 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (11,351 ) (11,948 )
SHAREHOLDERS' FUNDS (11,349) (11,946)
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 Paul Symons
Director
25th July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
P & G PROPERTY DEVELOPMENTS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10425897 . The registered office is 14 & 15 Southernhay West, Exeter, EX1 1PL.
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. 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 No depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2023 396,309
As at 31 October 2024 396,309
Net Book Value
As at 31 October 2024 396,309
As at 1 November 2023 396,309
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 15,000 -
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 11,557 11,557
Accruals and deferred income 420 420
Directors' loan accounts 162,596 130,835
174,573 142,812
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 281,340 283,313
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3