Acorah Software Products - Accounts Production 16.5.460 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 06630255 V D Goldstein N J Goldstein The V Fund Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06630255 2023-09-30 06630255 2024-09-30 06630255 2023-10-01 2024-09-30 06630255 frs-core:CurrentFinancialInstruments 2024-09-30 06630255 frs-core:Non-currentFinancialInstruments 2024-09-30 06630255 frs-core:OtherReservesSubtotal 2024-09-30 06630255 frs-core:ShareCapital 2024-09-30 06630255 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06630255 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06630255 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06630255 frs-bus:SmallEntities 2023-10-01 2024-09-30 06630255 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06630255 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06630255 1 2023-10-01 2024-09-30 06630255 frs-bus:Director1 2023-10-01 2024-09-30 06630255 frs-bus:Director2 2023-10-01 2024-09-30 06630255 frs-core:CurrentFinancialInstruments 1 2024-09-30 06630255 frs-countries:EnglandWales 2023-10-01 2024-09-30 06630255 2022-09-30 06630255 2023-09-30 06630255 2022-10-01 2023-09-30 06630255 frs-core:CurrentFinancialInstruments 2023-09-30 06630255 frs-core:Non-currentFinancialInstruments 2023-09-30 06630255 frs-core:OtherReservesSubtotal 2023-09-30 06630255 frs-core:ShareCapital 2023-09-30 06630255 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06630255 frs-core:CurrentFinancialInstruments 1 2023-09-30 06630255 frs-core:Non-currentFinancialInstruments 1 2023-09-30
Registered number: 06630255
St Norbert Road Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors V D Goldstein
N J Goldstein
Company Number 06630255
Registered Office 2nd Floor Butler House
177-178 Tottenham Court Road
London
W1T 7AF
Accountants Jones & Partners Limited
2nd Floor, Butler House
177-178 Tottenham Court Road
London
W1T 7AF
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Page 2
Balance Sheet
Registered number: 06630255
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 9,835,000 9,835,000
9,835,000 9,835,000
CURRENT ASSETS
Debtors 5 3,114,858 3,598,928
Cash at bank and in hand 49,130 122,905
3,163,988 3,721,833
Creditors: Amounts Falling Due Within One Year 6 (565,665 ) (843,666 )
NET CURRENT ASSETS (LIABILITIES) 2,598,323 2,878,167
TOTAL ASSETS LESS CURRENT LIABILITIES 12,433,323 12,713,167
Creditors: Amounts Falling Due After More Than One Year 7 (4,326,337 ) (4,522,436 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,971,250 ) (2,149,629 )
NET ASSETS 6,135,736 6,041,102
CAPITAL AND RESERVES
Called up share capital 8 1 1
Other reserves 5,913,750 6,448,887
Profit and Loss Account 221,985 (407,786 )
SHAREHOLDERS' FUNDS 6,135,736 6,041,102
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For the year ending 30 September 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.
The financial statements were approved by the board of directors on 30 September 2025 and were signed on its behalf by:
V D Goldstein
Director
30 September 2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
St Norbert Road Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06630255 . The registered office is 2nd Floor Butler House, 177-178 Tottenham Court Road, London, W1T 7AF.
The financial statements are presented in Pound Sterling (£) which is the functional currency of the company and rounded to the nearest £.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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.
Rental income is recognised on straight line basis over the lease term. Other income an property sales
are recognised when the significant risks and rewards of ownership are transferred or legal completion.
2.4. 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.
2.5. 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.
...CONTINUED
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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 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, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 October 2023 and 30 September 2024 9,835,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,200 264
Prepayments and accrued income 2,450 2,344
Other debtors 94,199 94,199
Amounts owed by other participating interests 2,878,092 2,512,071
2,981,941 2,608,878
Due after more than one year
Other debtors 132,917 156,750
Long term current asset investment - 833,300
132,917 990,050
3,114,858 3,598,928
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 287
Bank loans and overdrafts 181,972 176,808
VAT 23,474 23,474
Other creditors 255,553 536,115
Accrual and deferred income 104,666 106,982
565,665 843,666
The bank loan is secured by fixed and floating charges over the whole of the assets of the company.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,326,337 4,522,436
The bank loan is secured by fixed and floating charges over the whole of the assets of the company.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
As at 30 September 2024, the company was owed by the The V Fund Ltd, a fellow subsidiary, £2,878,092 (2023: £2,512,070).
10. Ultimate Controlling Party
The company's ultimate controlling party is The V Fund Group Limited by virtue of his ownership of 100% of the issued share capital in the company.
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