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 13777875 Mr Bartosz Tomaszewski iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13777875 2023-12-31 13777875 2024-12-31 13777875 2024-01-01 2024-12-31 13777875 frs-core:CurrentFinancialInstruments 2024-12-31 13777875 frs-core:Non-currentFinancialInstruments 2024-12-31 13777875 frs-core:ShareCapital 2024-12-31 13777875 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13777875 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13777875 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13777875 frs-bus:SmallEntities 2024-01-01 2024-12-31 13777875 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13777875 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13777875 frs-bus:Director1 2024-01-01 2024-12-31 13777875 frs-core:Non-currentFinancialInstruments 1 2024-12-31 13777875 frs-countries:EnglandWales 2024-01-01 2024-12-31 13777875 2022-12-31 13777875 2023-12-31 13777875 2023-01-01 2023-12-31 13777875 frs-core:CurrentFinancialInstruments 2023-12-31 13777875 frs-core:Non-currentFinancialInstruments 2023-12-31 13777875 frs-core:ShareCapital 2023-12-31 13777875 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13777875 frs-core:Non-currentFinancialInstruments 1 2023-12-31
Registered number: 13777875
Catford First Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13777875
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 750,000 750,000
750,000 750,000
CURRENT ASSETS
Debtors 5 4,342 3,457
4,342 3,457
Creditors: Amounts Falling Due Within One Year 6 (1,301 ) (2,321 )
NET CURRENT ASSETS (LIABILITIES) 3,041 1,136
TOTAL ASSETS LESS CURRENT LIABILITIES 753,041 751,136
Creditors: Amounts Falling Due After More Than One Year 7 (728,823 ) (727,538 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,270 ) (11,270 )
NET ASSETS 12,948 12,328
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 12,947 12,327
SHAREHOLDERS' FUNDS 12,948 12,328
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 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 Bartosz Tomaszewski
Director
05/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Catford First Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13777875 . The registered office is 90a Dunsmure Road, London, N16 5JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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
These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. 
2.3. Turnover
Rental income represents rents receivable on properties within the UK. Rents are receivable on a monthly basis. Where payments are receivable from tenants for months ending after the balance sheet date, the relevant, material proportion of rent receivable is recorded as deferred income and included in creditors. 
2.4. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
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 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: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 750,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,342 3,457
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 146 1,771
Accruals and deferred income 1,155 550
1,301 2,321
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 576,500 562,500
Intra-group loans 149,476 162,225
Directors loan account 2,847 2,813
728,823 727,538
The bank loan is secured by a fixed charge over the property together with all buildings, fixtures and fixed plant and machinery at any time. 
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4