Acorah Software Products - Accounts Production 16.1.300 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 13180599 Mr Adam Kirby Mr Oliver Kirby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13180599 2024-02-29 13180599 2025-02-28 13180599 2024-03-01 2025-02-28 13180599 frs-core:Non-currentFinancialInstruments 2025-02-28 13180599 frs-core:FurnitureFittings 2025-02-28 13180599 frs-core:FurnitureFittings 2024-03-01 2025-02-28 13180599 frs-core:FurnitureFittings 2024-02-29 13180599 frs-core:ShareCapital 2025-02-28 13180599 frs-core:RetainedEarningsAccumulatedLosses 2024-03-01 2025-02-28 13180599 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13180599 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13180599 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 13180599 frs-bus:SmallEntities 2024-03-01 2025-02-28 13180599 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13180599 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13180599 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-01 2025-02-28 13180599 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29 13180599 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-02-28 13180599 frs-bus:Director1 2024-03-01 2025-02-28 13180599 frs-bus:Director2 2024-03-01 2025-02-28 13180599 frs-countries:EnglandWales 2024-03-01 2025-02-28 13180599 2023-02-28 13180599 2024-02-29 13180599 2023-03-01 2024-02-29 13180599 frs-core:Non-currentFinancialInstruments 2024-02-29 13180599 frs-core:ShareCapital 2023-02-28 13180599 frs-core:ShareCapital 2024-02-29 13180599 frs-core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 13180599 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-02-28 13180599 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13180599 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-02-28 13180599 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29
Registered number: 13180599
OAKBY PROPERTY INVESTMENT LIMITED
Unaudited Financial Statements
For The Year Ended 28 February 2025
Optimise Accountants Ltd
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 13180599
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,563 3,204
Investment Properties 5 650,000 564,226
652,563 567,430
CURRENT ASSETS
Debtors 6 658 799
Cash at bank and in hand 1,698 4,700
2,356 5,499
Creditors: Amounts Falling Due Within One Year 7 (73,710 ) (70,029 )
NET CURRENT ASSETS (LIABILITIES) (71,354 ) (64,530 )
TOTAL ASSETS LESS CURRENT LIABILITIES 581,209 502,900
Creditors: Amounts Falling Due After More Than One Year 8 (502,685 ) (499,892 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,035 ) (9,738 )
NET ASSETS/(LIABILITIES) 52,489 (6,730 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Fair value reserve 11 110,989 41,513
Profit and Loss Account (58,501 ) (48,244 )
SHAREHOLDERS' FUNDS 52,489 (6,730)
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Page 2
For the year ending 28 February 2025 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 Adam Kirby
Director
13/03/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Fair value reserve Profit and Loss Account Total
£ £ £ £
As at 1 March 2023 1 - (17,695 ) (17,694)
Loss for the year and total comprehensive income - - (30,549 ) (30,549)
Movements in fair value reserve - 41,513 - 41,513
As at 29 February 2024 and 1 March 2024 1 41,513 (48,244 ) (6,730)
Loss for the year and total comprehensive income - - (10,257 ) (10,257)
Transfer to/from Profit & Loss Account - 69,476 - 69,476
As at 28 February 2025 1 110,989 (58,501 ) 52,489
Page 3
Page 4
Notes to the Financial Statements
1. General Information
OAKBY PROPERTY INVESTMENT LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13180599 . The registered office is 23 The Green, Thurlby, Bourne, PE10 0HB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Fixtures & Fittings 20% RBM
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 March 2024 4,200
As at 28 February 2025 4,200
Depreciation
As at 1 March 2024 996
Provided during the period 641
As at 28 February 2025 1,637
...CONTINUED
Page 4
Page 5
Net Book Value
As at 28 February 2025 2,563
As at 1 March 2024 3,204
5. Investment Property
2025
£
Fair Value
As at 1 March 2024 564,226
Revaluations 85,774
As at 28 February 2025 650,000
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 658 799
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 73,710 70,029
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 502,685 499,892
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 502,685 499,892
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
11. Reserves
Fair Value Reserve
£
As at 1 March 2024 41,513
Transfer to profit and loss 69,476
As at 28 February 2025 110,989
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Page 6
12. Related Party Transactions
The company had a loan balance of £1,729 (2023 : £3,367) owed to Kirby Lets Ltd, which is managed by same directors and controlled by same directors and shareholders. The loan is interest free and repayable on demand.

The company had a loan balance of £2,500 (2023 : £Nil) owed to Kirby Lettings Ltd, which is managed by same directors and controlled by same directors and shareholders. The loan is interest free and repayable on demand.
Page 6