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 09625301 Ms SUSAN COX Mr ALFRED LITSCHKA Mr TREVE HENDRY NWN CANNOCK LIMITED true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09625301 2024-03-31 09625301 2025-03-31 09625301 2024-04-01 2025-03-31 09625301 frs-core:CurrentFinancialInstruments 2025-03-31 09625301 frs-core:Non-currentFinancialInstruments 2025-03-31 09625301 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09625301 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09625301 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 09625301 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09625301 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 09625301 frs-core:PlantMachinery 2024-04-01 2025-03-31 09625301 frs-core:ShareCapital 2025-03-31 09625301 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09625301 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09625301 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09625301 frs-bus:SmallEntities 2024-04-01 2025-03-31 09625301 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09625301 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09625301 1 2024-04-01 2025-03-31 09625301 frs-bus:Director1 2024-04-01 2025-03-31 09625301 frs-bus:Director2 2024-04-01 2025-03-31 09625301 frs-bus:Director3 2024-04-01 2025-03-31 09625301 frs-countries:EnglandWales 2024-04-01 2025-03-31 09625301 2023-03-31 09625301 2024-03-31 09625301 2023-04-01 2024-03-31 09625301 frs-core:CurrentFinancialInstruments 2024-03-31 09625301 frs-core:Non-currentFinancialInstruments 2024-03-31 09625301 frs-core:ShareCapital 2024-03-31 09625301 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09625301
MARTINDALE PROPERTIES LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09625301
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,873,309 6,882,597
6,873,309 6,882,597
CURRENT ASSETS
Cash at bank and in hand 576,882 268,037
576,882 268,037
Creditors: Amounts Falling Due Within One Year 5 (599,874 ) (436,083 )
NET CURRENT ASSETS (LIABILITIES) (22,992 ) (168,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,850,317 6,714,551
Creditors: Amounts Falling Due After More Than One Year 6 (5,021,793 ) (5,415,880 )
NET ASSETS 1,828,524 1,298,671
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,828,424 1,298,571
SHAREHOLDERS' FUNDS 1,828,524 1,298,671
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
Ms SUSAN COX
Director
30/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
MARTINDALE PROPERTIES LIMITED Registered number 09625301 is a limited by shares company incorporated in England & Wales. The Registered Office is UNIT 16 MILL PARK, HAWKS GREEN IND EST, CANNOCK, STAFFORDSHIRE, WS11 7XT.
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 Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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. Land and buildings subject to fair value at the date of revaluation less any subsequent accumulated depreciation and less any subsequent accumulated impairment losses;
on the following bases:
Freehold Annual revaluation as required
Plant & Machinery 3-5 years straight line
Fixtures & Fittings 1-3 years straight line
Computer Equipment 1-3 years straight line
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. 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 (2024: 3)
3 3
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 April 2024 6,882,597
Revaluation (9,288 )
As at 31 March 2025 6,873,309
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 6,873,309
As at 1 April 2024 6,882,597
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1
Corporation tax 176,618 20,689
VAT 37,730 11,012
Other creditors 385,526 399,060
Accruals and deferred income - 5,321
599,874 436,083
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 5,021,793 5,415,880
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is NWN CANNOCK LIMITED by virtue of their ownership of 100% of the issued share capital in the company.
Page 3