Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 3496492 Mr David Critchley Mr Jack Critchley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 3496492 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-10-31 3496492 2022-10-31 3496492 2023-10-31 3496492 2022-11-01 2023-10-31 3496492 frs-core:CurrentFinancialInstruments 2023-10-31 3496492 frs-core:Non-currentFinancialInstruments 2023-10-31 3496492 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-31 3496492 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-11-01 2023-10-31 3496492 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-10-31 3496492 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 3496492 frs-core:InvestmentPropertyIncludedWithinPPE 2022-11-01 2023-10-31 3496492 frs-core:InvestmentPropertyIncludedWithinPPE 2022-10-31 3496492 frs-core:PlantMachinery 2023-10-31 3496492 frs-core:PlantMachinery 2022-11-01 2023-10-31 3496492 frs-core:PlantMachinery 2022-10-31 3496492 frs-core:ShareCapital 2023-10-31 3496492 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 3496492 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 3496492 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 3496492 frs-bus:SmallEntities 2022-11-01 2023-10-31 3496492 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 3496492 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 3496492 frs-core:AcceleratedTaxDepreciationDeferredTax 2023-10-31 3496492 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-11-01 2023-10-31 3496492 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-10-31 3496492 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-31 3496492 frs-bus:Director1 2022-11-01 2023-10-31 3496492 frs-bus:Director2 2022-11-01 2023-10-31 3496492 frs-countries:EnglandWales 2022-11-01 2023-10-31 3496492 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2022-10-31 3496492 2021-10-31 3496492 2022-10-31 3496492 2021-11-01 2022-10-31 3496492 frs-core:CurrentFinancialInstruments 2022-10-31 3496492 frs-core:Non-currentFinancialInstruments 2022-10-31 3496492 frs-core:ShareCapital 2022-10-31 3496492 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 3496492 frs-core:AcceleratedTaxDepreciationDeferredTax 2022-10-31 3496492 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-10-31
Registered number: 3496492
Brenrun Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 3496492
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 112,501 146,815
Tangible Assets 5 9,397,270 9,155,716
9,509,771 9,302,531
CURRENT ASSETS
Debtors 6 2,827,721 2,106,657
Cash at bank and in hand 77,613 424,754
2,905,334 2,531,411
Creditors: Amounts Falling Due Within One Year 7 (1,739,416 ) (1,481,291 )
NET CURRENT ASSETS (LIABILITIES) 1,165,918 1,050,120
TOTAL ASSETS LESS CURRENT LIABILITIES 10,675,689 10,352,651
Creditors: Amounts Falling Due After More Than One Year 8 (3,610,646 ) (3,654,363 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (938,905 ) (890,216 )
NET ASSETS 6,126,138 5,808,072
CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair Value Reserve 13 3,435,155 3,266,405
Profit and Loss Account 2,690,883 2,541,567
SHAREHOLDERS' FUNDS 6,126,138 5,808,072
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For the year ending 31 October 2023 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 Jack Critchley
Director
15/10/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brenrun Limited is a private company, limited by shares, incorporated in England & Wales, registered number 3496492 . The registered office is Haresfield, Stockton Lane, Grappenhall, Warrington, WA4 3HQ.
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 and net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover represents revenue from property income and services.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property consists of trade marks. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10%-20% on cost
2.5. Investment Properties
Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.

Investment properties should be included in the balance sheet at their open market value.
2.6. 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2022: 2)
2 2
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4. Intangible Assets
Intellectual Property
£
Cost
As at 1 November 2022 348,137
Additions 555
As at 31 October 2023 348,692
Amortisation
As at 1 November 2022 201,322
Provided during the period 34,869
As at 31 October 2023 236,191
Net Book Value
As at 31 October 2023 112,501
As at 1 November 2022 146,815
5. Tangible Assets
Investment Properties Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 November 2022 9,027,443 695,489 9,722,932
Additions - 50,927 50,927
Disposals (30,677 ) - (30,677 )
Revaluation 250,000 - 250,000
As at 31 October 2023 9,246,766 746,416 9,993,182
Depreciation
As at 1 November 2022 - 567,216 567,216
Provided during the period - 28,696 28,696
As at 31 October 2023 - 595,912 595,912
Net Book Value
As at 31 October 2023 9,246,766 150,504 9,397,270
As at 1 November 2022 9,027,443 128,273 9,155,716
The current year's revaluations are based on valuations by Jones Lang LaSalle.
Cost or valuation as at 31 October 2023 represented by:
Investment Properties Plant & Machinery Total
£ £ £
At cost 4,964,567 746,416 5,710,983
At valuation 4,282,199 - 4,282,199
9,246,766 746,416 9,993,182
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 160,568 154,169
Other debtors 2,649,766 1,952,488
Corporation tax recoverable assets 17,387 -
2,827,721 2,106,657
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,373 2,356
Bank loans and overdrafts 200,198 355,164
Corporation tax 95,990 37,029
Other creditors 1,438,855 1,086,742
1,739,416 1,481,291
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 3,610,646 3,654,363
3,610,646 3,654,363
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2023 2022
£ £
Bank loans 2,940,233 2,352,910
9. Secured Creditors
Of the creditors the following amounts are secured.
2023 2022
£ £
Bank loans and overdrafts 3,781,678 3,973,694
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Accelerated capital allowances 91,861 99,433
Other timing differences 847,044 790,783
938,905 890,216
12. Directors Advances, Credits and Guarantees
Included in Other debtors is a loan to Mr Jack Critchley. At 31 October 2023 the balance of the loan was £28,260 (2022: £53,499). The loan is unsecured, interest free and repayable on demand.
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13. Reserves
Fair Value Reserve
£
As at 1 November 2022 3,266,405
Deferred tax on revalued investment properties (56,250)
Transfer to profit and loss 225,000
As at 31 October 2023 3,435,155
The Fair Value Reserve represents the cumulative fair value gains and losses in respect of investment properties and their associated deferred tax.
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