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 10968593 Mr George Clements Mrs Lucy Clements iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10968593 2023-12-31 10968593 2024-12-31 10968593 2024-01-01 2024-12-31 10968593 frs-core:CurrentFinancialInstruments 2024-12-31 10968593 frs-core:Non-currentFinancialInstruments 2024-12-31 10968593 frs-core:ShareCapital 2024-12-31 10968593 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10968593 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10968593 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10968593 frs-bus:SmallEntities 2024-01-01 2024-12-31 10968593 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10968593 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10968593 frs-bus:Director1 2024-01-01 2024-12-31 10968593 frs-bus:Director1 2023-12-31 10968593 frs-bus:Director1 2024-12-31 10968593 frs-bus:Director2 2024-01-01 2024-12-31 10968593 frs-countries:EnglandWales 2024-01-01 2024-12-31 10968593 2022-12-31 10968593 2023-12-31 10968593 2023-01-01 2023-12-31 10968593 frs-core:CurrentFinancialInstruments 2023-12-31 10968593 frs-core:Non-currentFinancialInstruments 2023-12-31 10968593 frs-core:ShareCapital 2023-12-31 10968593 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10968593
Surrey Hills Lettings 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: 10968593
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 415,480 415,480
415,480 415,480
CURRENT ASSETS
Debtors 5 6,072 270
Cash at bank and in hand 24,235 17,988
30,307 18,258
Creditors: Amounts Falling Due Within One Year 6 (171,662 ) (165,139 )
NET CURRENT ASSETS (LIABILITIES) (141,355 ) (146,881 )
TOTAL ASSETS LESS CURRENT LIABILITIES 274,125 268,599
Creditors: Amounts Falling Due After More Than One Year 7 (278,815 ) (278,834 )
NET LIABILITIES (4,690 ) (10,235 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (4,691 ) (10,236 )
SHAREHOLDERS' FUNDS (4,690) (10,235)
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 George Clements
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
Surrey Hills Lettings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10968593 . The registered office is 18, St Pauls Road East, Dorking, Surrey, RH4 2HR.
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
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 415,480
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 270
Directors' loan accounts 6,072 -
6,072 270
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 9,100 9,000
Accruals and deferred income 732 733
Directors' loan accounts - 2,744
Amounts owed to group undertakings 161,830 152,662
171,662 165,139
Amounts owed to group undertakings are unsecured and repayable on demand. They bear interest at annual rates of 7% (2023: 7%).
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 278,815 278,834
The bank loan which is securred against the investment property is repayable by June 2044.  It bears interest at an annual rate of 5.89% (2023: 5.89%).
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr George Clements (2,744 ) 8,816 - - 6,072
The above loan is unsecured, interest free and repayable on demand.
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