Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09062830 Mr Muntazir Meghjee Mr David Downes Mr Simon Ordish Mr Manish Amlani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09062830 2023-12-31 09062830 2024-12-31 09062830 2024-01-01 2024-12-31 09062830 frs-core:CurrentFinancialInstruments 2024-12-31 09062830 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 09062830 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09062830 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 09062830 frs-core:ShareCapital 2024-12-31 09062830 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09062830 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09062830 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09062830 frs-bus:SmallEntities 2024-01-01 2024-12-31 09062830 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09062830 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09062830 frs-bus:Director1 2024-01-01 2024-12-31 09062830 frs-bus:Director2 2024-01-01 2024-12-31 09062830 frs-bus:Director3 2024-01-01 2024-12-31 09062830 frs-bus:Director4 2024-01-01 2024-12-31 09062830 frs-countries:EnglandWales 2024-01-01 2024-12-31 09062830 2022-12-31 09062830 2023-12-31 09062830 2023-01-01 2023-12-31 09062830 frs-core:CurrentFinancialInstruments 2023-12-31 09062830 frs-core:ShareCapital 2023-12-31 09062830 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09062830
Solutions Properties Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Inspire Accounting (UK) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09062830
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 524,591 524,591
524,591 524,591
CURRENT ASSETS
Cash at bank and in hand 27,445 29,415
27,445 29,415
Creditors: Amounts Falling Due Within One Year 5 (114,017 ) (164,066 )
NET CURRENT ASSETS (LIABILITIES) (86,572 ) (134,651 )
TOTAL ASSETS LESS CURRENT LIABILITIES 438,019 389,940
NET ASSETS 438,019 389,940
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 437,919 389,840
SHAREHOLDERS' FUNDS 438,019 389,940
Page 1
Page 2
For the year ending 31 December 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
Mr Muntazir Meghjee
Director
09/01/2025
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
Solutions Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09062830 . The registered office is Lower Ground Floor, Kings House, 101 - 135 Kings Road, Brentwood, Essex, CM14 4DR.
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,value added taxes.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Freehold No Depreciation
2.4. Investment Properties
Investment properties are included in the Balance Sheet at their open market value in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors necessary in order to give a true and fair view of the financial position of the company.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2024 524,591
As at 31 December 2024 524,591
Net Book Value
As at 31 December 2024 524,591
As at 1 January 2024 524,591
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Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 14,784 14,534
VAT 4,333 6,632
Other creditors 10,000 10,000
Accruals and deferred income 900 900
Directors' loan accounts 84,000 132,000
114,017 164,066
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Rental income of £65,000 (2023 £65,000) were received from Majenta Solutions Limited during the year. All four of the directors of Solutions Properties Limited are also directors of Majenta Solutions Limited.
As at the Balance Sheet date, each of the directors were owed £21,000 (2023 £33,000) by the company.
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