Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13341056 Mr Robert Thorpe Mr Robert Thorpe true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13341056 2024-03-31 13341056 2025-03-31 13341056 2024-04-01 2025-03-31 13341056 frs-core:CurrentFinancialInstruments 2025-03-31 13341056 frs-core:Non-currentFinancialInstruments 2025-03-31 13341056 frs-core:ShareCapital 2025-03-31 13341056 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13341056 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13341056 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13341056 frs-bus:SmallEntities 2024-04-01 2025-03-31 13341056 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13341056 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13341056 1 2024-04-01 2025-03-31 13341056 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 13341056 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 13341056 frs-bus:Director1 2024-04-01 2025-03-31 13341056 frs-countries:EnglandWales 2024-04-01 2025-03-31 13341056 2023-03-31 13341056 2024-03-31 13341056 2023-04-01 2024-03-31 13341056 frs-core:CurrentFinancialInstruments 2024-03-31 13341056 frs-core:Non-currentFinancialInstruments 2024-03-31 13341056 frs-core:ShareCapital 2024-03-31 13341056 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13341056 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 13341056
Beechville Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Thorpe & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13341056
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 169,000 176,000
169,000 176,000
CURRENT ASSETS
Cash at bank and in hand 5,295 4,776
5,295 4,776
Creditors: Amounts Falling Due Within One Year 5 (47,812 ) (47,548 )
NET CURRENT ASSETS (LIABILITIES) (42,517 ) (42,772 )
TOTAL ASSETS LESS CURRENT LIABILITIES 126,483 133,228
Creditors: Amounts Falling Due After More Than One Year 6 (116,521 ) (116,521 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,822 ) (3,152 )
NET ASSETS 8,140 13,555
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 7,765 13,435
Profit and Loss Account 275 20
SHAREHOLDERS' FUNDS 8,140 13,555
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Robert Thorpe
Director
27/04/2025
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
Beechville Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13341056 . The registered office is 24 Chaffinch Avenue, Brinsworth, Rotherham, South Yorkshire, S60 5LJ.
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. 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.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 176,000
Fair value adjustments (7,000 )
As at 31 March 2025 169,000
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) (1 )
Other creditors 47,753 47,525
Taxation and social security 60 24
47,812 47,548
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 116,521 116,521
7. Secured Creditors
The following secured debts are included within creditors. The company's bank borrowings are secured by a first legal charge over the freehold investment property.
2025 2024
£ £
Bank loans and overdrafts 116,521 116,521
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair Value Reserve
£
As at 1 April 2024 13,435
Movements in fair value reserve (5,670)
As at 31 March 2025 7,765
10. Related Party Transactions
Included in creditors due within one year is an amount of £47,753 owing to the director of the company.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Robert Thorpe by virtue of his ownership of 100% of the issued share capital in the company.
Page 4