Acorah Software Products - Accounts Production 16.3.350 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06282789 Mr Simon Dunn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06282789 2023-06-30 06282789 2024-06-30 06282789 2023-07-01 2024-06-30 06282789 frs-core:CurrentFinancialInstruments 2024-06-30 06282789 frs-core:Non-currentFinancialInstruments 2024-06-30 06282789 frs-core:MotorVehicles 2024-06-30 06282789 frs-core:MotorVehicles 2023-07-01 2024-06-30 06282789 frs-core:MotorVehicles 2023-06-30 06282789 frs-core:ShareCapital 2024-06-30 06282789 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06282789 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06282789 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06282789 frs-bus:SmallEntities 2023-07-01 2024-06-30 06282789 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06282789 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06282789 frs-bus:Director1 2023-07-01 2024-06-30 06282789 frs-countries:EnglandWales 2023-07-01 2024-06-30 06282789 2022-06-30 06282789 2023-06-30 06282789 2022-07-01 2023-06-30 06282789 frs-core:CurrentFinancialInstruments 2023-06-30 06282789 frs-core:Non-currentFinancialInstruments 2023-06-30 06282789 frs-core:ShareCapital 2023-06-30 06282789 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06282789
Belgrave Industrial Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06282789
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,007 1,343
Investment Properties 5 379,527 268,779
380,534 270,122
CURRENT ASSETS
Debtors 6 145,751 121,177
Cash at bank and in hand 1,923 29,057
147,674 150,234
Creditors: Amounts Falling Due Within One Year 7 (154,348 ) (128,593 )
NET CURRENT ASSETS (LIABILITIES) (6,674 ) 21,641
TOTAL ASSETS LESS CURRENT LIABILITIES 373,860 291,763
Creditors: Amounts Falling Due After More Than One Year 8 (452,199 ) (362,578 )
NET LIABILITIES (78,339 ) (70,815 )
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account (78,340 ) (70,816 )
SHAREHOLDERS' FUNDS (78,339) (70,815)
Page 1
Page 2
For the year ending 30 June 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 Simon Dunn
Director
1 August 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
Belgrave Industrial Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06282789 . The registered office is 7 Christie Way, Christie Fields, Manchester, M21 7QY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity
2.2. Going Concern Disclosure
The director, Mr S F Dunn has given his full financial support to the company for the forseeable future. Therefore, the accounts have been prepared on a going concern basis.
2.3. 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 rental of property. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rental of Property
Turnover from the rental of property is recognised over the period to which it relates.
2.4. 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:
Motor Vehicles 25% Reducing Balance
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 July 2023 14,000
As at 30 June 2024 14,000
Depreciation
As at 1 July 2023 12,657
Provided during the period 336
As at 30 June 2024 12,993
Net Book Value
As at 30 June 2024 1,007
As at 1 July 2023 1,343
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 268,779
Additions 110,748
As at 30 June 2024 379,527
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 117,310 92,736
Other debtors 28,441 28,441
145,751 121,177
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 290 2,166
Bank loans and overdrafts 10,000 10,000
Amounts owed to group undertakings 141,679 87,142
Amounts owed to participating interests - 27,641
Other creditors 2,379 1,644
154,348 128,593
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 304,828 153,367
Other creditors 147,371 209,211
452,199 362,578
Page 5