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 13714057 Mr David Guinan-Browne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13714057 2023-11-30 13714057 2024-11-30 13714057 2023-12-01 2024-11-30 13714057 frs-core:CurrentFinancialInstruments 2024-11-30 13714057 frs-core:Non-currentFinancialInstruments 2024-11-30 13714057 frs-core:InvestmentPropertyIncludedWithinPPE 2024-11-30 13714057 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-01 2024-11-30 13714057 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 13714057 frs-core:RevaluationReserve 2024-11-30 13714057 frs-core:ShareCapital 2024-11-30 13714057 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 13714057 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13714057 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 13714057 frs-bus:SmallEntities 2023-12-01 2024-11-30 13714057 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13714057 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13714057 frs-bus:Director1 2023-12-01 2024-11-30 13714057 frs-countries:EnglandWales 2023-12-01 2024-11-30 13714057 2022-11-30 13714057 2023-11-30 13714057 2022-12-01 2023-11-30 13714057 frs-core:CurrentFinancialInstruments 2023-11-30 13714057 frs-core:Non-currentFinancialInstruments 2023-11-30 13714057 frs-core:RevaluationReserve 2023-11-30 13714057 frs-core:ShareCapital 2023-11-30 13714057 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 13714057
SOUTHERN ESCAPES LTD
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13714057
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 489,181 519,192
489,181 519,192
CURRENT ASSETS
Debtors 5 7,017 365
Cash at bank and in hand 8,213 1,149
15,230 1,514
Creditors: Amounts Falling Due Within One Year 6 (134,459 ) (139,232 )
NET CURRENT ASSETS (LIABILITIES) (119,229 ) (137,718 )
TOTAL ASSETS LESS CURRENT LIABILITIES 369,952 381,474
Creditors: Amounts Falling Due After More Than One Year 7 (366,795 ) (369,206 )
NET ASSETS 3,157 12,268
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve (27,696 ) -
Profit and Loss Account 30,753 12,168
SHAREHOLDERS' FUNDS 3,157 12,268
Page 1
Page 2
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 David Guinan-Browne
Director
04/08/2025
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
SOUTHERN ESCAPES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13714057 . The registered office is 244 Springfield Road, Chelmsford, CM2 6BS.
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 represents the value of services provided under contracts to the extent that there is a right to consideration and is
recorded at the value of the consideration due.
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:
2.4. Investment Properties
Investment property is included at market fair value. Gains or loss arising from changes in fair value are recognised in the
profit & loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax.Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 December 2023 519,192
Additions 4,181
Revaluation (34,192 )
As at 30 November 2024 489,181
Net Book Value
As at 30 November 2024 489,181
As at 1 December 2023 519,192
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,017 365
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 130,100 134,485
Taxation and social security 4,359 4,747
134,459 139,232
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 366,795 369,206
The Bank loan is secured by a charge the mortgage lender has over the investment property.
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