Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07880386 Mr Simon Cox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07880386 2023-12-31 07880386 2024-12-31 07880386 2024-01-01 2024-12-31 07880386 frs-core:CurrentFinancialInstruments 2024-12-31 07880386 frs-core:Non-currentFinancialInstruments 2024-12-31 07880386 frs-core:ShareCapital 2024-12-31 07880386 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07880386 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07880386 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07880386 frs-bus:SmallEntities 2024-01-01 2024-12-31 07880386 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07880386 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07880386 frs-bus:Director1 2024-01-01 2024-12-31 07880386 frs-core:CurrentFinancialInstruments 2 2024-12-31 07880386 frs-countries:EnglandWales 2024-01-01 2024-12-31 07880386 2022-12-31 07880386 2023-12-31 07880386 2023-01-01 2023-12-31 07880386 frs-core:CurrentFinancialInstruments 2023-12-31 07880386 frs-core:Non-currentFinancialInstruments 2023-12-31 07880386 frs-core:ShareCapital 2023-12-31 07880386 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07880386 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 07880386
SC31 Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Thorne Smith Accountants Limited
105 London Road
Benfleet
Essex
SS7 5TG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07880386
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,264,450 1,264,450
1,264,450 1,264,450
CURRENT ASSETS
Debtors 5 97,068 97,068
Cash at bank and in hand 6,762 4,761
103,830 101,829
Creditors: Amounts Falling Due Within One Year 6 (469,706 ) (469,706 )
NET CURRENT ASSETS (LIABILITIES) (365,876 ) (367,877 )
TOTAL ASSETS LESS CURRENT LIABILITIES 898,574 896,573
Creditors: Amounts Falling Due After More Than One Year 7 (852,345 ) (852,345 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,075 ) (7,075 )
NET ASSETS 39,154 37,153
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 39,152 37,151
SHAREHOLDERS' FUNDS 39,154 37,153
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 Simon Cox
Director
30/09/2025
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
SC31 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07880386 . The registered office is 105 London Road, Tarpots Corner, Benfleet, Essex, SS7 5TG.
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.
3. Average Number of Employees
0Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 1,264,450
5. Debtors
2024 2023
£ £
Due within one year
Loan to F45 96,738 96,738
Deposit for new property in 2023 330 330
97,068 97,068
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,200 1,200
Director's loan account 468,506 468,506
469,706 469,706
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgage Borrowing ~ Metro Bank 165,641 165,641
Mortgage Borrowing ~ Aldermore 532,875 532,875
Mortgage Borrowing ~ Darwin House 153,829 153,829
852,345 852,345
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 4