Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09924581 Mr Craig Burkinshaw Mr Nicholas McIvor Ms Joanne Le Bon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09924581 2023-12-31 09924581 2024-12-31 09924581 2024-01-01 2024-12-31 09924581 frs-core:CurrentFinancialInstruments 2024-12-31 09924581 frs-core:Non-currentFinancialInstruments 2024-12-31 09924581 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 09924581 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09924581 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 09924581 frs-core:PlantMachinery 2024-12-31 09924581 frs-core:PlantMachinery 2024-01-01 2024-12-31 09924581 frs-core:PlantMachinery 2023-12-31 09924581 frs-core:ShareCapital 2024-12-31 09924581 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09924581 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09924581 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09924581 frs-bus:SmallEntities 2024-01-01 2024-12-31 09924581 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09924581 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09924581 frs-core:CostValuation 2023-12-31 09924581 frs-core:CostValuation 2024-12-31 09924581 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 09924581 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 09924581 frs-bus:Director1 2024-01-01 2024-12-31 09924581 frs-bus:Director2 2024-01-01 2024-12-31 09924581 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 09924581 frs-countries:EnglandWales 2024-01-01 2024-12-31 09924581 2022-12-31 09924581 2023-12-31 09924581 2023-01-01 2023-12-31 09924581 frs-core:CurrentFinancialInstruments 2023-12-31 09924581 frs-core:Non-currentFinancialInstruments 2023-12-31 09924581 frs-core:ShareCapital 2023-12-31 09924581 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09924581
Three Mile Beach Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Bickerstaffs
Unit 3D Guildford Rd Ind Est
Hayle
Cornwall
TR27 4QZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09924581
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,065,207 12,835,971
Investments 5 100 100
14,065,307 12,836,071
CURRENT ASSETS
Debtors 6 439,846 514,815
Cash at bank and in hand 112,224 114,368
552,070 629,183
Creditors: Amounts Falling Due Within One Year 7 (86,088 ) (253,675 )
NET CURRENT ASSETS (LIABILITIES) 465,982 375,508
TOTAL ASSETS LESS CURRENT LIABILITIES 14,531,289 13,211,579
Creditors: Amounts Falling Due After More Than One Year 8 (19,742,399 ) (18,087,399 )
NET LIABILITIES (5,211,110 ) (4,875,820 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (5,211,210 ) (4,875,920 )
SHAREHOLDERS' FUNDS (5,211,110) (4,875,820)
Page 1
Page 2
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Nicholas McIvor
Director
29 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Three Mile Beach Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09924581 . The registered office is The Office Three Mile Beach, Gwithian Towans, Hayle, TR27 5GE.
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. Going Concern Disclosure
The company continues to be dependent on the financial support of the director, and the director has confirmed their intention to provide this support for the foreseeable future of at least 12 months from the date of signing this report. The directors therefore consider it appropriate to adopt the going concern basis for preparing the 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.
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.
2.4. 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 2% straight line - buildings only
Plant & Machinery 25% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2024 16,024,778 885,760 16,910,538
Additions 1,619,923 79,757 1,699,680
As at 31 December 2024 17,644,701 965,517 18,610,218
Depreciation
As at 1 January 2024 3,649,374 425,193 4,074,567
Provided during the period 282,915 187,529 470,444
As at 31 December 2024 3,932,289 612,722 4,545,011
...CONTINUED
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Net Book Value
As at 31 December 2024 13,712,412 352,795 14,065,207
As at 1 January 2024 12,375,404 460,567 12,835,971
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2024 100
As at 31 December 2024 100
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 100
As at 1 January 2024 100
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 24,411
Other debtors 1,362 -
VAT 5,742 9,041
Amounts owed by group undertakings 432,742 481,363
439,846 514,815
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 83,491 252,175
Other creditors 1,097 -
Accruals and deferred income 1,500 1,500
86,088 253,675
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 1,889,198 1,889,198
Directors loan account 17,853,201 16,198,201
19,742,399 18,087,399
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5