Acorah Software Products - Accounts Production 16.5.460 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 05916543 Ms Zunaira Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05916543 2023-08-31 05916543 2024-08-31 05916543 2023-09-01 2024-08-31 05916543 frs-core:Non-currentFinancialInstruments 2024-08-31 05916543 frs-core:FurnitureFittings 2023-09-01 2024-08-31 05916543 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 05916543 frs-core:RevaluationReserve 2023-08-31 05916543 frs-core:RevaluationReserve 2024-08-31 05916543 frs-core:ShareCapital 2024-08-31 05916543 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 05916543 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05916543 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 05916543 frs-bus:SmallEntities 2023-09-01 2024-08-31 05916543 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05916543 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05916543 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 05916543 frs-bus:OrdinaryShareClass1 2024-08-31 05916543 frs-bus:Director1 2023-09-01 2024-08-31 05916543 frs-countries:EnglandWales 2023-09-01 2024-08-31 05916543 2022-08-31 05916543 2023-08-31 05916543 2022-09-01 2023-08-31 05916543 frs-core:Non-currentFinancialInstruments 2023-08-31 05916543 frs-core:RevaluationReserve 2023-08-31 05916543 frs-core:ShareCapital 2023-08-31 05916543 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 05916543 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 05916543
Hust Properties Limited
ABRIDGED Financial Statements
For The Year Ended 31 August 2024
J.R. Accounts Ltd
Chartered Certified Accountants
34-37 Liverpool Street
London
EC2M 7PP
Contents
Page
Company Information 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Company Information
Director Ms Zunaira Khan
Company Number 05916543
Registered Office 375a Hoe Street
London
E17 9AP
Accountants J.R. Accounts Ltd
Chartered Certified Accountants
34-37 Liverpool Street
London
EC2M 7PP
Page 1
Page 2
Abridged Balance Sheet
Registered number: 05916543
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 22 29
Investment Properties 4 500,000 500,000
500,022 500,029
CURRENT ASSETS
Debtors 135,000 135,000
Cash at bank and in hand - 2,831
135,000 137,831
Creditors: Amounts Falling Due Within One Year (87,825 ) (69,721 )
NET CURRENT ASSETS (LIABILITIES) 47,175 68,110
TOTAL ASSETS LESS CURRENT LIABILITIES 547,197 568,139
Creditors: Amounts Falling Due After More Than One Year (287,099 ) (308,299 )
NET ASSETS 260,098 259,840
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Revaluation reserve 6 229,996 229,996
Profit and Loss Account 29,102 28,844
SHAREHOLDERS' FUNDS 260,098 259,840
Page 2
Page 3
For the year ending 31 August 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 her 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms Zunaira Khan
Director
18 August 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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.
1.3. 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 No depreciation
Fixtures & Fittings 25 % on reducing balance method
1.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2. Average Number of Employees
Average number of employees, including the director, during the year was: 1 (2023: 1)
1 1
3. Tangible Assets
Total
£
Cost
As at 1 September 2023 905
As at 31 August 2024 905
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 September 2023 876
Provided during the period 7
As at 31 August 2024 883
Net Book Value
As at 31 August 2024 22
As at 1 September 2023 29
4. Investment Property
2024
£
Fair Value
As at 1 September 2023 and 31 August 2024 500,000
5. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.000 each 1,000 1,000
6. Reserves
Revaluation Reserve
£
As at 1 September 2023 229,996
As at 31 August 2024 229,996
Page 5