Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 11957035 Mr Alex Waddell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11957035 2024-04-30 11957035 2025-04-30 11957035 2024-05-01 2025-04-30 11957035 frs-core:CurrentFinancialInstruments 2025-04-30 11957035 frs-core:Non-currentFinancialInstruments 2025-04-30 11957035 frs-core:RevaluationReserve 2024-05-01 2025-04-30 11957035 frs-core:RevaluationReserve 2024-04-30 11957035 frs-core:RevaluationReserve 2025-04-30 11957035 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 11957035 frs-bus:CompanyLimitedByGuarantee 2024-05-01 2025-04-30 11957035 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 11957035 frs-bus:SmallEntities 2024-05-01 2025-04-30 11957035 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11957035 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 11957035 frs-bus:Director1 2024-05-01 2025-04-30 11957035 frs-countries:EnglandWales 2024-05-01 2025-04-30 11957035 2023-04-30 11957035 2024-04-30 11957035 2023-05-01 2024-04-30 11957035 frs-core:CurrentFinancialInstruments 2024-04-30 11957035 frs-core:Non-currentFinancialInstruments 2024-04-30 11957035 frs-core:RevaluationReserve 2024-04-30 11957035 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 11957035
Alex Kenneth Waddell Properties Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Enterprise Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11957035
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 120,000 115,000
120,000 115,000
CURRENT ASSETS
Debtors 5 2,310 -
Cash at bank and in hand 525 791
2,835 791
Creditors: Amounts Falling Due Within One Year 6 (7,576 ) (8,142 )
NET CURRENT ASSETS (LIABILITIES) (4,741 ) (7,351 )
TOTAL ASSETS LESS CURRENT LIABILITIES 115,259 107,649
Creditors: Amounts Falling Due After More Than One Year 7 (92,220 ) (90,270 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,688 ) (2,146 )
NET ASSETS 20,351 15,233
RESERVES
Revaluation reserve 8 13,606 9,148
Income and Expenditure Account 6,745 6,085
MEMBERS' FUNDS 20,351 15,233
Page 1
Page 2
For the year ending 30 April 2025 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 Income and Expenditure Account.
On behalf of the board
Mr Alex Waddell
Director
06/11/2025
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
Alex Kenneth Waddell Properties Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11957035 . The registered office is 51 Melbourne Street, Morley, Leeds, LS27 8BJ.
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 income and expenditure account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investment Property
2025
£
Fair Value
As at 1 May 2024 115,000
Revaluations 5,000
As at 30 April 2025 120,000
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,310 -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts - 1,950
Other creditors 7,576 6,192
7,576 8,142
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Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 62,220 60,270
Other creditors 30,000 30,000
92,220 90,270
8. Reserves
Revaluation Reserve
£
As at 1 May 2024 9,148
Surplus on revaluation 4,458
As at 30 April 2025 13,606
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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