Acorah Software Products - Accounts Production 16.5.460 false true false 15 February 2024 28 February 2025 28 February 2025 15491245 Ms J Martin Mr S Player iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15491245 2024-02-14 15491245 2025-02-28 15491245 2024-02-15 2025-02-28 15491245 frs-core:ShareCapital 2025-02-28 15491245 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 15491245 frs-bus:PrivateLimitedCompanyLtd 2024-02-15 2025-02-28 15491245 frs-bus:AbridgedAccounts 2024-02-15 2025-02-28 15491245 frs-bus:SmallEntities 2024-02-15 2025-02-28 15491245 frs-bus:AuditExempt-NoAccountantsReport 2024-02-15 2025-02-28 15491245 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-15 2025-02-28 15491245 frs-bus:Director1 2024-02-15 2025-02-28 15491245 frs-bus:Director2 2024-02-15 2025-02-28 15491245 frs-countries:EnglandWales 2024-02-15 2025-02-28
Registered number: 15491245
THE LETTING SYSTEM LTD
ABRIDGED Financial Statements
For the Period 15 February 2024 to 28 February 2025
SRC Advisory
2nd Floor Stanford Gate South Road
Brighton
East Sussex
BN1 6SB
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2
Page 1
Abridged Balance Sheet
Registered number: 15491245
28 February 2025
Notes £ £
CURRENT ASSETS
Cash at bank and in hand 866
866
Creditors: Amounts Falling Due Within One Year (1,588 )
NET CURRENT ASSETS (LIABILITIES) (722 )
TOTAL ASSETS LESS CURRENT LIABILITIES (722 )
NET LIABILITIES (722 )
CAPITAL AND RESERVES
Called up share capital 4 4
Profit and Loss Account (726 )
SHAREHOLDERS' FUNDS (722)
For the period ending 28 February 2025 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms J Martin
Director
Mr S Player
Director
15 October 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
THE LETTING SYSTEM LTD is a private company, limited by shares, incorporated in England & Wales, registered number 15491245 . The registered office is First Floor, Redington Court, 69 Church Road, Hove, East Sussex, BN3 2BB.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Share Capital
28 February 2025
£
Allotted, Called up and fully paid 4
Page 2