Acorah Software Products - Accounts Production 16.0.110 false true 5 April 2023 6 April 2022 false 6 April 2023 5 April 2024 5 April 2024 10917736 Mrs D K McMahon Dr J B McMahon Dr J B McMahon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10917736 2023-04-05 10917736 2024-04-05 10917736 2023-04-06 2024-04-05 10917736 frs-core:CurrentFinancialInstruments 2024-04-05 10917736 frs-core:Non-currentFinancialInstruments 2024-04-05 10917736 frs-core:ComputerEquipment 2024-04-05 10917736 frs-core:ComputerEquipment 2023-04-06 2024-04-05 10917736 frs-core:ComputerEquipment 2023-04-05 10917736 frs-core:FurnitureFittings 2024-04-05 10917736 frs-core:FurnitureFittings 2023-04-06 2024-04-05 10917736 frs-core:FurnitureFittings 2023-04-05 10917736 frs-core:CapitalRedemptionReserve 2024-04-05 10917736 frs-core:ShareCapital 2024-04-05 10917736 frs-core:RetainedEarningsAccumulatedLosses 2024-04-05 10917736 frs-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 10917736 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 10917736 frs-bus:SmallEntities 2023-04-06 2024-04-05 10917736 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 10917736 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 10917736 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-06 2024-04-05 10917736 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-05 10917736 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-05 10917736 frs-core:CostValuation 2023-04-05 10917736 frs-core:AdditionsToInvestments 2024-04-05 10917736 frs-core:DisposalsRepaymentsInvestments 2024-04-05 10917736 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-04-05 10917736 frs-core:CostValuation 2024-04-05 10917736 frs-core:ListedExchangeTraded 2024-04-05 10917736 frs-core:ListedExchangeTraded 2023-04-05 10917736 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-04-05 10917736 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-04-05 10917736 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-04-05 10917736 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-04-05 10917736 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-04-05 10917736 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-04-05 10917736 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-04-05 10917736 frs-core:UnlistedNon-exchangeTraded 2024-04-05 10917736 frs-core:UnlistedNon-exchangeTraded 2023-04-05 10917736 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-05 10917736 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-05 10917736 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-05 10917736 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-05 10917736 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-05 10917736 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-05 10917736 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-05 10917736 frs-bus:Director1 2023-04-06 2024-04-05 10917736 frs-bus:Director2 2023-04-06 2024-04-05 10917736 frs-bus:CompanySecretary1 2023-04-06 2024-04-05 10917736 frs-countries:EnglandWales 2023-04-06 2024-04-05 10917736 2022-04-05 10917736 2023-04-05 10917736 2022-04-06 2023-04-05 10917736 frs-core:CurrentFinancialInstruments 2023-04-05 10917736 frs-core:Non-currentFinancialInstruments 2023-04-05 10917736 frs-core:CapitalRedemptionReserve 2023-04-05 10917736 frs-core:ShareCapital 2023-04-05 10917736 frs-core:RetainedEarningsAccumulatedLosses 2023-04-05 10917736 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-05
Registered number: 10917736
Fransen Investments Limited
Unaudited Financial Statements
For The Year Ended 5 April 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10917736
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 466 933
Investment Properties 5 767,946 767,946
Investments 6 3,352,875 2,907,161
4,121,287 3,676,040
CURRENT ASSETS
Debtors 7 256,693 256,490
Cash at bank and in hand 51,270 49,321
307,963 305,811
Creditors: Amounts Falling Due Within One Year 8 (12,442 ) (8,375 )
NET CURRENT ASSETS (LIABILITIES) 295,521 297,436
TOTAL ASSETS LESS CURRENT LIABILITIES 4,416,808 3,973,476
PROVISIONS FOR LIABILITIES
Deferred Taxation (263,253 ) (175,807 )
NET ASSETS 4,153,555 3,797,669
CAPITAL AND RESERVES
Called up share capital 9 759 759
Capital redemption reserve 241 241
Fair value reserve 10 1,070,498 812,986
Profit and Loss Account 3,082,057 2,983,683
SHAREHOLDERS' FUNDS 4,153,555 3,797,669
Page 1
Page 2
For the year ending 5 April 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
Dr J B McMahon
Director
14 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fransen Investments Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the probisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 
Fixtures & Fittings Straight line over 3 years
Computer Equipment Straight line over 3 years
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
2.3. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. 
The investment properties were valued as at 5 April 2024 at a fair value of £766,946. The valuations were undertaken on 5 April 2024 by the directors with adjustments for additions and disposals during the year.
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assesments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.6. Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 6 April 2023 1,324 1,399 2,723
As at 5 April 2024 1,324 1,399 2,723
Depreciation
As at 6 April 2023 1,324 466 1,790
Provided during the period - 467 467
As at 5 April 2024 1,324 933 2,257
Net Book Value
As at 5 April 2024 - 466 466
As at 6 April 2023 - 933 933
5. Investment Property
2024
£
Fair Value
As at 6 April 2023 and 5 April 2024 767,946
6. Investments
Listed Unlisted Total
£ £ £
Cost
As at 6 April 2023 2,884,661 22,500 2,907,161
Additions 589,228 - 589,228
Disposals (567,108 ) - (567,108 )
Revaluations 423,594 - 423,594
As at 5 April 2024 3,330,375 22,500 3,352,875
Provision
As at 6 April 2023 - - -
As at 5 April 2024 - - -
Net Book Value
As at 5 April 2024 3,330,375 22,500 3,352,875
As at 6 April 2023 2,884,661 22,500 2,907,161
Cost or valuation at 5 April 2024 is represented by:
Listed
Unlisted
investments
investments
Total
£
£
£ 
...CONTINUED
Page 4
Page 5
Valuation in 2024
1,076,265
-
1,076,265
Cost
2,254,110
22,500
2,276,610
image
image
image
3,330,375
image
22,500
image
3,352,875
image
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 837 814
VAT 400 220
1,237 1,034
Due after more than one year
Mortgage 255,456 255,456
256,693 256,490
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,298 -
Accruals and deferred income 7,213 5,444
Directors' loan accounts 2,931 2,931
12,442 8,375
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 759 759
10. Reserves
Fair Value Reserve
£
As at 6 April 2023 812,986
Deferred tax provision (87,446)
Transfer to profit and loss 344,958
As at 5 April 2024 1,070,498
Page 5