Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 SC521053 Mr Garry Connor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC521053 2023-11-30 SC521053 2024-11-30 SC521053 2023-12-01 2024-11-30 SC521053 frs-core:CurrentFinancialInstruments 2024-11-30 SC521053 frs-core:Non-currentFinancialInstruments 2024-11-30 SC521053 frs-core:ComputerEquipment 2024-11-30 SC521053 frs-core:ComputerEquipment 2023-12-01 2024-11-30 SC521053 frs-core:ComputerEquipment 2023-11-30 SC521053 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 SC521053 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC521053 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC521053 frs-core:MoreThanFiveYears 2024-11-30 SC521053 frs-core:MotorVehicles 2023-12-01 2024-11-30 SC521053 frs-core:ShareCapital 2024-11-30 SC521053 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC521053 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC521053 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 SC521053 frs-bus:SmallEntities 2023-12-01 2024-11-30 SC521053 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC521053 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC521053 frs-bus:Director1 2023-12-01 2024-11-30 SC521053 frs-countries:Scotland 2023-12-01 2024-11-30 SC521053 2022-11-30 SC521053 2023-11-30 SC521053 2022-12-01 2023-11-30 SC521053 frs-core:Non-currentFinancialInstruments 2023-11-30 SC521053 frs-core:MoreThanFiveYears 2023-11-30 SC521053 frs-core:ShareCapital 2023-11-30 SC521053 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC521053
Connor Property Holdings Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Tax Link
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC521053
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 110,890 110,890
110,890 110,890
CURRENT ASSETS
Cash at bank and in hand 4,288 2,570
4,288 2,570
Creditors: Amounts Falling Due Within One Year 5 (200 ) -
NET CURRENT ASSETS (LIABILITIES) 4,088 2,570
TOTAL ASSETS LESS CURRENT LIABILITIES 114,978 113,460
Creditors: Amounts Falling Due After More Than One Year 6 (105,013 ) (107,893 )
NET ASSETS 9,965 5,567
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 9,963 5,565
SHAREHOLDERS' FUNDS 9,965 5,567
For the year ending 30 November 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 Garry Connor
Director
07/07/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Connor Property Holdings Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC521053 . The registered office is 321 Eaglesham Road, East Kilbride, Glasgow, G75 8RW.
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 infinite useful life
Motor Vehicles 25% Reducing Balance
Computer Equipment Written down value
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 113,153 1,109 114,262
As at 30 November 2024 113,153 1,109 114,262
Depreciation
As at 1 December 2023 2,263 1,109 3,372
As at 30 November 2024 2,263 1,109 3,372
Net Book Value
As at 30 November 2024 110,890 - 110,890
As at 1 December 2023 110,890 - 110,890
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account 200 -
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts (3,660 ) (3,660 )
Bank loans 13,520 16,400
Directors loan account 95,153 95,153
105,013 107,893
7. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than five years (3,660 ) (3,660 )
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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