Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC615231 Mrs Mairi Brighton Mr Roddy Hunter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC615231 2023-12-31 SC615231 2024-12-31 SC615231 2024-01-01 2024-12-31 SC615231 frs-core:CurrentFinancialInstruments 2024-12-31 SC615231 frs-core:Non-currentFinancialInstruments 2024-12-31 SC615231 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC615231 frs-core:ShareCapital 2024-12-31 SC615231 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC615231 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC615231 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC615231 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC615231 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC615231 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC615231 frs-bus:Director1 2024-01-01 2024-12-31 SC615231 frs-bus:Director2 2024-01-01 2024-12-31 SC615231 frs-countries:Scotland 2024-01-01 2024-12-31 SC615231 2022-12-31 SC615231 2023-12-31 SC615231 2023-01-01 2023-12-31 SC615231 frs-core:CurrentFinancialInstruments 2023-12-31 SC615231 frs-core:Non-currentFinancialInstruments 2023-12-31 SC615231 frs-core:ShareCapital 2023-12-31 SC615231 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC615231 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: SC615231
Mrj Property Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Almond Valley Accounting Limited
CIMA
C/O Av Accounting, Suite 14 Ellismuir House
Ellismuir Way
Tannochside
G71 5PW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC615231
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 81,345 81,345
81,345 81,345
CURRENT ASSETS
Debtors 5 1 -
Cash at bank and in hand 11,042 9,602
11,043 9,602
Creditors: Amounts Falling Due Within One Year 6 (90,569 ) (39,274 )
NET CURRENT ASSETS (LIABILITIES) (79,526 ) (29,672 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,819 51,673
Creditors: Amounts Falling Due After More Than One Year 7 - (50,712 )
NET ASSETS 1,819 961
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,719 861
SHAREHOLDERS' FUNDS 1,819 961
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 Roddy Hunter
Director
12/04/2025
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
Mrj Property Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC615231 . The registered office is Suite 14, Ellismuir House, 6 Ellismuir Way, Tannochside, Glasgow, G71 5PW.
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, 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.
2.3. 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
No Depreciation is proivided on freehold property
In accordance with the Financial Reporting Standard for Smaller entities, no depreciation is provided in respect of the freehold investment property. This represents a departure from the Companies Act 2006 concerning the depreciation of fixed assets. The directors consider that the adotion of the policy not to depreciate freehold property is necessary to give a true and fair view. 
2.4. 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.
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 year 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.
Current 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 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 (2023: 2)
2 2
Page 3
Page 4
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 81,345
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 185 69
Rental Creditor 550 550
Mortgage ( Secured )< 1 year - 1,727
Accruals and deferred income 1,240 1,140
Directors' loan accounts 88,593 35,788
90,569 39,274
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgage ( Secured )> 1 year - 50,712
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4