Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12931535 Mr Samuel Reed Mr Christopher Roberts Mr Daniel Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12931535 2023-10-31 12931535 2024-10-31 12931535 2023-11-01 2024-10-31 12931535 frs-core:CurrentFinancialInstruments 2024-10-31 12931535 frs-core:Non-currentFinancialInstruments 2024-10-31 12931535 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-31 12931535 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-01 2024-10-31 12931535 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 12931535 frs-core:ShareCapital 2024-10-31 12931535 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12931535 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12931535 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12931535 frs-bus:SmallEntities 2023-11-01 2024-10-31 12931535 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12931535 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12931535 frs-bus:Director1 2023-11-01 2024-10-31 12931535 frs-bus:Director2 2023-11-01 2024-10-31 12931535 frs-bus:Director3 2023-11-01 2024-10-31 12931535 frs-countries:EnglandWales 2023-11-01 2024-10-31 12931535 2022-10-31 12931535 2023-10-31 12931535 2022-11-01 2023-10-31 12931535 frs-core:CurrentFinancialInstruments 2023-10-31 12931535 frs-core:Non-currentFinancialInstruments 2023-10-31 12931535 frs-core:ShareCapital 2023-10-31 12931535 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12931535
Sdc Property Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12931535
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 485,000 183,448
485,000 183,448
CURRENT ASSETS
Cash at bank and in hand 6,549 1,598
6,549 1,598
Creditors: Amounts Falling Due Within One Year 5 (95,969 ) (199,841 )
NET CURRENT ASSETS (LIABILITIES) (89,420 ) (198,243 )
TOTAL ASSETS LESS CURRENT LIABILITIES 395,580 (14,795 )
Creditors: Amounts Falling Due After More Than One Year 6 (360,814 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,605 ) -
NET ASSETS/(LIABILITIES) 28,161 (14,795 )
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 28,158 (14,798 )
SHAREHOLDERS' FUNDS 28,161 (14,795)
Page 1
Page 2
For the year ending 31 October 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 Christopher Roberts
Director
16/04/2025
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
Sdc Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12931535 . The registered office is 76 Lees Cottage Priorswood Road, Taunton, Somerset, TA2 8QH.
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. 
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 profit and loss account.
2.4. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 November 2023 183,448
Additions 243,939
Revaluation 57,613
As at 31 October 2024 485,000
Net Book Value
As at 31 October 2024 485,000
As at 1 November 2023 183,448
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 128,360
Directors' loan accounts 95,969 71,481
95,969 199,841
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 360,814 -
7. Secured Creditors
Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of between 20 and 25 years.
2024 2023
£ £
Bank loans and overdrafts 360,814 128,360
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 4