Acorah Software Products - Accounts Production 16.2.800 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10824961 Mrs Sridevy Manoharan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10824961 2023-06-30 10824961 2024-06-30 10824961 2023-07-01 2024-06-30 10824961 frs-core:CurrentFinancialInstruments 2024-06-30 10824961 frs-core:Non-currentFinancialInstruments 2024-06-30 10824961 frs-core:InvestmentPropertyIncludedWithinPPE 2024-06-30 10824961 frs-core:InvestmentPropertyIncludedWithinPPE 2023-06-30 10824961 frs-core:ShareCapital 2024-06-30 10824961 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10824961 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10824961 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10824961 frs-bus:SmallEntities 2023-07-01 2024-06-30 10824961 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10824961 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10824961 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-06-30 10824961 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-06-30 10824961 frs-bus:Director1 2023-07-01 2024-06-30 10824961 frs-countries:EnglandWales 2023-07-01 2024-06-30 10824961 2022-06-30 10824961 2023-06-30 10824961 2022-07-01 2023-06-30 10824961 frs-core:CurrentFinancialInstruments 2023-06-30 10824961 frs-core:Non-currentFinancialInstruments 2023-06-30 10824961 frs-core:ShareCapital 2023-06-30 10824961 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 10824961 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-06-30
Registered number: 10824961
Sridevy Properties Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 10824961
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 670,000 670,000
670,000 670,000
CURRENT ASSETS
Cash at bank and in hand 794 111
794 111
Creditors: Amounts Falling Due Within One Year 5 (8,211 ) (7,260 )
NET CURRENT ASSETS (LIABILITIES) (7,417 ) (7,149 )
TOTAL ASSETS LESS CURRENT LIABILITIES 662,583 662,851
Creditors: Amounts Falling Due After More Than One Year 6 (575,101 ) (581,127 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (19,954 ) (19,954 )
NET ASSETS 67,528 61,770
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 85,067 85,067
Income Statement (17,639 ) (23,397 )
SHAREHOLDERS' FUNDS 67,528 61,770
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For the year ending 30 June 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 Income Statement.
On behalf of the board
Mrs Sridevy Manoharan
Director
25/03/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sridevy Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10824961 . The registered office is 60 Avenue Road, Belmont, Sutton, England, SM2 6JB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The presentation currency of the financial statements is the Pound Sterling (£). 
2.2. Turnover
Turnover represents rent received during the year.
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 statement.

Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date.
2.4. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
2.5. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.6. Going Concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore. the director considers that it is appropriate to prepare the financial statements on a going concern basis. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Investment Properties
£
Cost
As at 1 July 2023 670,000
As at 30 June 2024 670,000
Net Book Value
As at 30 June 2024 670,000
As at 1 July 2023 670,000
Investment property was valued on an open market basis on 30 June 2023 by the directors.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,761 2,760
Bank loans and overdrafts 900 950
Accruals and deferred income 4,550 3,550
8,211 7,260
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 405,532 406,392
Directors loan account 169,569 174,735
575,101 581,127
7. Secured Creditors
Loan is secured by way of fixed and floating charge on the investment property of the company.
2024 2023
£ £
Bank loans and overdrafts 404,626 404,626
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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9. Reserves
Fair Value Reserve
£
As at 1 July 2023 85,067
As at 30 June 2024 85,067
10. Related Party Transactions
Included in the other creditors due more than one year is an amount of £169,569 (2023: £174,735) due to the director of the company. The loan was interest free.
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