Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10886430 Mr Marc Adler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10886430 2023-12-31 10886430 2024-12-31 10886430 2024-01-01 2024-12-31 10886430 frs-core:CurrentFinancialInstruments 2024-12-31 10886430 frs-core:ShareCapital 2024-12-31 10886430 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10886430 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10886430 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10886430 frs-bus:SmallEntities 2024-01-01 2024-12-31 10886430 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10886430 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10886430 frs-bus:Director1 2024-01-01 2024-12-31 10886430 frs-countries:EnglandWales 2024-01-01 2024-12-31 10886430 2022-12-31 10886430 2023-12-31 10886430 2023-01-01 2023-12-31 10886430 frs-core:CurrentFinancialInstruments 2023-12-31 10886430 frs-core:ShareCapital 2023-12-31 10886430 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10886430
Courteen Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10886430
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 131,558 33,122
131,558 33,122
CURRENT ASSETS
Debtors 5 665 665
665 665
Creditors: Amounts Falling Due Within One Year 6 (128,861 ) (29,085 )
NET CURRENT ASSETS (LIABILITIES) (128,196 ) (28,420 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,362 4,702
NET ASSETS 3,362 4,702
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 3,361 4,701
SHAREHOLDERS' FUNDS 3,362 4,702
For the year ending 31 December 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 Marc Adler
Director
10/09/2025
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
Courteen Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10886430 . The registered office is 23a Lampard Grove, London, N16 6XA.
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. 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.
2.4. 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 years 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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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Page 2
Page 3
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 33,122
Additions 98,436
As at 31 December 2024 131,558
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 665 665
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,000 -
Other creditors 125,707 28,390
Taxation and social security 154 695
128,861 29,085
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3