Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2023 1 June 2022 false 1 June 2023 30 November 2024 30 November 2024 07649312 Mr P Bentley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07649312 2023-05-31 07649312 2024-11-30 07649312 2023-06-01 2024-11-30 07649312 frs-core:CurrentFinancialInstruments 2024-11-30 07649312 frs-core:Non-currentFinancialInstruments 2024-11-30 07649312 frs-core:BetweenOneFiveYears 2024-11-30 07649312 frs-core:FurnitureFittings 2024-11-30 07649312 frs-core:FurnitureFittings 2023-06-01 2024-11-30 07649312 frs-core:FurnitureFittings 2023-05-31 07649312 frs-core:MotorVehicles 2024-11-30 07649312 frs-core:MotorVehicles 2023-06-01 2024-11-30 07649312 frs-core:MotorVehicles 2023-05-31 07649312 frs-core:WithinOneYear 2024-11-30 07649312 frs-core:ShareCapital 2024-11-30 07649312 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 07649312 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-11-30 07649312 frs-bus:FilletedAccounts 2023-06-01 2024-11-30 07649312 frs-bus:SmallEntities 2023-06-01 2024-11-30 07649312 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-11-30 07649312 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-11-30 07649312 frs-bus:OrdinaryShareClass1 2023-06-01 2024-11-30 07649312 frs-bus:OrdinaryShareClass1 2024-11-30 07649312 frs-bus:Director1 2023-06-01 2024-11-30 07649312 frs-bus:Director1 2023-05-31 07649312 frs-bus:Director1 2024-11-30 07649312 frs-core:CurrentFinancialInstruments 1 2024-11-30 07649312 frs-countries:EnglandWales 2023-06-01 2024-11-30 07649312 2022-05-31 07649312 2023-05-31 07649312 2022-06-01 2023-05-31 07649312 frs-core:CurrentFinancialInstruments 2023-05-31 07649312 frs-core:Non-currentFinancialInstruments 2023-05-31 07649312 frs-core:BetweenOneFiveYears 2023-05-31 07649312 frs-core:WithinOneYear 2023-05-31 07649312 frs-core:ShareCapital 2023-05-31 07649312 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 07649312 frs-bus:OrdinaryShareClass1 2022-06-01 2023-05-31 07649312 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 07649312
Beeston Property Limited
Unaudited Financial Statements
For the Period 1 June 2023 to 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07649312
30 November 2024 31 May 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,236,797 1,441,272
1,236,797 1,441,272
CURRENT ASSETS
Debtors 5 520,976 359,512
Cash at bank and in hand 22,489 128,692
543,465 488,204
Creditors: Amounts Falling Due Within One Year 6 (403,195 ) (464,862 )
NET CURRENT ASSETS (LIABILITIES) 140,270 23,342
TOTAL ASSETS LESS CURRENT LIABILITIES 1,377,067 1,464,614
Creditors: Amounts Falling Due After More Than One Year 7 (371,501 ) (248,099 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (309,199 ) (273,842 )
NET ASSETS 696,367 942,673
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 696,366 942,672
SHAREHOLDERS' FUNDS 696,367 942,673
Page 1
Page 2
For the period 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 P Bentley
Director
11th February 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Beeston Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07649312 . The registered office is Fairgate House 205 Kings Road, Tyseley, Birmingham, B11 2AA.
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:
Motor Vehicles 20% reducing balance
Fixtures & Fittings 25% reducing balance
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 profit and loss account as incurred.
2.5. 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 year 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 7 (2023: 7)
7 7
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 2,304,587 8,165 2,312,752
Additions 482,858 2,308 485,166
Disposals (628,470 ) - (628,470 )
As at 30 November 2024 2,158,975 10,473 2,169,448
Depreciation
As at 1 June 2023 866,401 5,079 871,480
Provided during the period 410,692 1,838 412,530
Disposals (351,359 ) - (351,359 )
As at 30 November 2024 925,734 6,917 932,651
Net Book Value
As at 30 November 2024 1,233,241 3,556 1,236,797
As at 1 June 2023 1,438,186 3,086 1,441,272
Page 4
Page 5
5. Debtors
30 November 2024 31 May 2023
£ £
Due within one year
Trade debtors 34,569 52,077
Prepayments and accrued income 21,520 51,655
Other debtors 280,918 232,462
Director's loan account 137,547 23,318
474,554 359,512
Due after more than one year
Corporation tax recoverable assets 46,422 -
520,976 359,512
6. Creditors: Amounts Falling Due Within One Year
30 November 2024 31 May 2023
£ £
Net obligations under finance lease and hire purchase contracts 185,031 317,867
Trade creditors 29,199 67,947
Bank loans and overdrafts 15,674 -
Corporation tax 70,427 3,689
Other taxes and social security 6,007 2,956
VAT 28,826 43,104
Net wages 5,157 2,546
Other creditors 47,257 13,362
Employee savings scheme 3,360 1,340
Accruals and deferred income 12,257 12,051
403,195 464,862
7. Creditors: Amounts Falling Due After More Than One Year
30 November 2024 31 May 2023
£ £
Net obligations under finance lease and hire purchase contracts 341,814 248,099
Bank loans 29,687 -
371,501 248,099
Page 5
Page 6
8. Obligations Under Finance Leases and Hire Purchase
30 November 2024 31 May 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 185,031 317,867
Later than one year and not later than five years 341,814 248,099
526,845 565,966
526,845 565,966
9. Share Capital
30 November 2024 31 May 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.000 each 1 1
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Peter Bentley 22,420 215,127 100,000 - 137,547
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
Carmelof LimitedIncluded in other debtors are amounts receivable from Carmelof Ltd for £77,701 (2023: £59,526). This amount is receivable on demand.

Carmelof Limited

Included in other debtors are amounts receivable from Carmelof Ltd for £77,701 (2023: £59,526). This amount is receivable on demand.

Fairgate Van Sales LimitedIncluded in other debtors are amounts receivable from Fairgate Van Sales Ltd for £35,094 (2023: £25,005). This amount is receivable on demand.

Fairgate Van Sales Limited

Included in other debtors are amounts receivable from Fairgate Van Sales Ltd for £35,094 (2023: £25,005). This amount is receivable on demand.

During the year, the company incurred management charges of £100,000 (2023: £nil) payable to Fairgate Van Sales Ltd. Mr Peter Bentley is a director and shareholder of both Fairgate Van Sales Ltd and Beeston Property Ltd.
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