Acorah Software Products - Accounts Production 16.4.660 false true true false 29 February 2024 28 February 2025 28 February 2025 15533189 Mr A Shingleton Mr A Shingleton true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15533189 2024-02-28 15533189 2025-02-28 15533189 2024-02-29 2025-02-28 15533189 frs-core:CurrentFinancialInstruments 2025-02-28 15533189 frs-core:Non-currentFinancialInstruments 2025-02-28 15533189 frs-core:ShareCapital 2025-02-28 15533189 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 15533189 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 15533189 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 15533189 frs-bus:SmallEntities 2024-02-29 2025-02-28 15533189 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 15533189 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 15533189 frs-bus:OrdinaryShareClass1 2024-02-29 2025-02-28 15533189 frs-bus:OrdinaryShareClass1 2025-02-28 15533189 1 2024-02-29 2025-02-28 15533189 frs-bus:Director1 2024-02-29 2025-02-28 15533189 frs-countries:EnglandWales 2024-02-29 2025-02-28
Registered number: 15533189
Manifest Developments Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15533189
2025
Notes £ £
FIXED ASSETS
Investment Properties 4 131,433
131,433
CURRENT ASSETS
Debtors 5 1
Cash at bank and in hand 13,100
13,101
Creditors: Amounts Falling Due Within One Year 6 (66,000 )
NET CURRENT ASSETS (LIABILITIES) (52,899 )
TOTAL ASSETS LESS CURRENT LIABILITIES 78,534
Creditors: Amounts Falling Due After More Than One Year 7 (83,931 )
NET LIABILITIES (5,397 )
CAPITAL AND RESERVES
Called up share capital 9 1
Profit and Loss Account (5,398 )
SHAREHOLDERS' FUNDS (5,397)
For the year ending 28 February 2025 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 A Shingleton
Director
19 August 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
Manifest Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15533189 . The registered office is 4 Dombey Road, Poynton, Stockport, SK12 1LT and principle place of business is 15 South Park Road, Macclesfield, SK11 6RP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets 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. Going Concern Disclosure
The concept of going concern is an underlaying assumption int he production of financial statements. As there are net liabilities at the reporting date, there is a question mark over going concern. Although there is no formal agreement in place, the Director has indicated that they will continue to provide financial support to the company for at least the next 12 months from the date of signing these financial statements.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rental income
Rental income from short-term lettings is recognised as revenue in the period in which the accommodation and associated services are provided.
2.4. 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.
2.5. Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.
2.6. Cash and cash equivalents
Cash and cash equivalents comprise cash at bank; bank borrowings are included within creditors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Investment Property
2025
£
Fair Value
As at 29 February 2024 -
Additions 131,433
As at 28 February 2025 131,433
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025
£
Cost 131,433
Page 2
Page 3
5. Debtors
2025
£
Due within one year
Other debtors 1
6. Creditors: Amounts Falling Due Within One Year
2025
£
Amounts owed to participating interests 65,000
Other creditors 1,000
66,000
7. Creditors: Amounts Falling Due After More Than One Year
2025
£
Bank loans 83,931
8. Secured Creditors
Of the creditors the following amounts are secured.
2025
£
Bank loans and overdrafts 83,931
9. Share Capital
2025
Allotted, called up but not fully paid £
1 Ordinary Shares of £ 1.00 each 1
Shares issued during the period: £
1 Ordinary Shares of £ 1.00 each 1
10. Related Party Transactions
At the reporting date, £65,000 was due to Manifest Construction Ltd, a company under common control, by way of an interest free unsecured loan.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr A Shingleton by virtue of his ownership of 100% of the issued share capital in the company.
Page 3