Company Registration No. 14227922 (England and Wales)
ACER PROPERTIES NORTH LTD
Unaudited accounts
for the year ended 31 July 2024
ACER PROPERTIES NORTH LTD
Unaudited accounts
Contents
ACER PROPERTIES NORTH LTD
Company Information
for the year ended 31 July 2024
Directors
Hassan Farouk Hassan Mohamed Elshamy
Caroline Padmini Broan
Company Number
14227922 (England and Wales)
Registered Office
10 PORTLAND STREET
PRESTON
PR1 8PR
ENGLAND
Accountants
Zakirhusen Member MAAT
Bluewater Accountants Ltd
210 New Hall Lane
Preston
Lancashire
PR1 4SS
ACER PROPERTIES NORTH LTD
Statement of financial position
as at 31 July 2024
Tangible assets
145,744
92,344
Cash at bank and in hand
736
29,934
Creditors: amounts falling due within one year
(16,486)
(2,734)
Net current (liabilities)/assets
(15,750)
27,200
Total assets less current liabilities
129,994
119,544
Creditors: amounts falling due after more than one year
(194,225)
(132,103)
Net liabilities
(64,231)
(12,559)
Profit and loss account
(64,231)
(12,559)
Shareholders' funds
(64,231)
(12,559)
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2025 and were signed on its behalf by
Caroline Padmini Broan
Director
Company Registration No. 14227922
ACER PROPERTIES NORTH LTD
Notes to the Accounts
for the year ended 31 July 2024
ACER PROPERTIES NORTH LTD is a private company, limited by shares, registered in England and Wales, registration number 14227922. The registered office is 10 PORTLAND STREET, PRESTON, PR1 8PR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
87,696
4,850
92,546
Disposals
-
(4,850)
(4,850)
At 31 July 2024
145,744
-
145,744
At 1 August 2023
-
202
202
Charge for the year
-
775
775
At 31 July 2024
145,744
-
145,744
At 31 July 2023
87,696
4,648
92,344
ACER PROPERTIES NORTH LTD
Notes to the Accounts
for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,852
1,012
Taxes and social security
3,970
300
Loans from directors
-
622
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
194,225
132,103
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).