Acorah Software Products - Accounts Production 16.4.675 false true false 31 July 2023 31 July 2024 31 July 2024 15037958 Mr Roy Haughton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15037958 2023-07-30 15037958 2024-07-31 15037958 2023-07-31 2024-07-31 15037958 frs-core:CurrentFinancialInstruments 2024-07-31 15037958 frs-core:ShareCapital 2024-07-31 15037958 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15037958 frs-bus:PrivateLimitedCompanyLtd 2023-07-31 2024-07-31 15037958 frs-bus:FilletedAccounts 2023-07-31 2024-07-31 15037958 frs-bus:SmallEntities 2023-07-31 2024-07-31 15037958 frs-bus:AuditExempt-NoAccountantsReport 2023-07-31 2024-07-31 15037958 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-31 2024-07-31 15037958 frs-bus:Director1 2023-07-31 2024-07-31 15037958 frs-bus:Director1 2023-07-30 15037958 frs-bus:Director1 2024-07-31 15037958 frs-countries:EnglandWales 2023-07-31 2024-07-31
Registered number: 15037958
R & E A Developments (2023) Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Montacs
R & E A Developments (2023) Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
R & E A Developments (2023) Ltd
Balance Sheet
As At 31 July 2024
Balance Sheet
Registered number: 15037958

| 2024
--- | ---
| Notes | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 206,985
|  |  | 206,985
CURRENT ASSETS
Stocks | 5 | 1,301 |
Debtors | 6 | 9,464,285 |
Cash at bank and in hand |  | 122,054 |
|  | 9,587,640 |
Creditors: Amounts Falling Due Within One Year | 7 | (9,773,520 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (185,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 21,105
NET ASSETS |  |  | 21,105
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100
Profit and Loss Account |  |  | 21,005
SHAREHOLDERS' FUNDS |  |  | 21,105

For the year ending 31 July 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 Roy Haughton Director
17/10/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
R & E A Developments (2023) Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2024
Notes to the Financial Statements
1. General Information
R & E A Developments (2023) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15037958 . The registered office is Montacs, International House, Kingsfield Court, Chester Business Park, Chester, CH4 9RF.
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. 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.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. 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
1
4. Investment Property

| 2024
--- | ---
| £
Fair Value
As at 31 July 2023 | -
Additions | 206,985
As at 31 July 2024 | 206,985

Page 2
Page 3
R & E A Developments (2023) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2024
5. Stocks

| 2024
--- | ---
| £
Stock | 1,301

6. Debtors

| 2024
--- | ---
| £
Due within one year
Amounts owed by participating interests | 5,815,000
Other debtors | 3,649,285
| 9,464,285

7. Creditors: Amounts Falling Due Within One Year

| 2024
--- | ---
| £
Amounts owed to participating interests | 9,409,500
Other creditors | 450
Taxation and social security | 363,570
| 9,773,520

8. Share Capital

| 2024
--- | ---
| £
Called Up Share Capital not Paid | 100
Amount of Allotted, Called Up Share Capital | 100

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors: £1,057,838

| As at 31 July 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 July 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Roy Haughton | - | 1,057,838 | - | - | 1,057,838

Interest has been charged at the official rate
10. Related Party Transactions
During the period, a total loan of £9,409,950 was received from a connected company.
Borrowings totalling £8,406,447 have been made to companies that are under common control of the director.
Page 3