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 08799449 Mr Tom Sibley Ms Emma Sibley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08799449 2024-03-31 08799449 2025-03-31 08799449 2024-04-01 2025-03-31 08799449 frs-core:CurrentFinancialInstruments 2025-03-31 08799449 frs-core:ComputerEquipment 2025-03-31 08799449 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08799449 frs-core:ComputerEquipment 2024-03-31 08799449 frs-core:ShareCapital 2025-03-31 08799449 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08799449 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08799449 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08799449 frs-bus:SmallEntities 2024-04-01 2025-03-31 08799449 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08799449 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08799449 frs-bus:Director1 2024-04-01 2025-03-31 08799449 frs-bus:Director2 2024-04-01 2025-03-31 08799449 frs-countries:EnglandWales 2024-04-01 2025-03-31 08799449 2023-03-31 08799449 2024-03-31 08799449 2023-04-01 2024-03-31 08799449 frs-core:CurrentFinancialInstruments 2024-03-31 08799449 frs-core:ShareCapital 2024-03-31 08799449 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08799449
Sibley Property Finance Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08799449
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 390 1,081
390 1,081
CURRENT ASSETS
Debtors 5 9,831 100
Cash at bank and in hand 1,082 7,572
10,913 7,672
Creditors: Amounts Falling Due Within One Year 6 (11,203 ) 20,077
NET CURRENT ASSETS (LIABILITIES) (290 ) 27,749
TOTAL ASSETS LESS CURRENT LIABILITIES 100 28,830
NET ASSETS 100 28,830
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account - 28,730
SHAREHOLDERS' FUNDS 100 28,830
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 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 Tom Sibley
Director
23/04/2025
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
Sibley Property Finance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08799449 . The registered office is C/O FMA Online Ltd, Building 3 Chiswick Business Park, 566 Chiswick High Road, Chiswick , W4 5YA.
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:
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 2,866
Disposals (613 )
As at 31 March 2025 2,253
Depreciation
As at 1 April 2024 1,785
Provided during the period 691
Disposals (613 )
As at 31 March 2025 1,863
Net Book Value
As at 31 March 2025 390
As at 1 April 2024 1,081
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 100 100
Directors' loan accounts 9,731 -
9,831 100
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 11,203 15,223
Accruals and deferred income - (35,300 )
11,203 (20,077 )
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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