Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2022 1 April 2021 false 1 April 2022 30 September 2023 30 September 2023 06486683 Mr P Million Miss J Mortimer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06486683 2022-03-31 06486683 2023-09-30 06486683 2022-04-01 2023-09-30 06486683 frs-core:CurrentFinancialInstruments 2023-09-30 06486683 frs-core:Non-currentFinancialInstruments 2023-09-30 06486683 frs-core:ComputerEquipment 2023-09-30 06486683 frs-core:ComputerEquipment 2022-04-01 2023-09-30 06486683 frs-core:ComputerEquipment 2022-03-31 06486683 frs-core:FurnitureFittings 2022-04-01 2023-09-30 06486683 frs-core:PlantMachinery 2023-09-30 06486683 frs-core:PlantMachinery 2022-04-01 2023-09-30 06486683 frs-core:PlantMachinery 2022-03-31 06486683 frs-core:ShareCapital 2023-09-30 06486683 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06486683 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-09-30 06486683 frs-bus:FilletedAccounts 2022-04-01 2023-09-30 06486683 frs-bus:SmallEntities 2022-04-01 2023-09-30 06486683 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-09-30 06486683 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-09-30 06486683 frs-bus:Director1 2022-04-01 2023-09-30 06486683 frs-bus:Director2 2022-04-01 2023-09-30 06486683 frs-countries:EnglandWales 2022-04-01 2023-09-30 06486683 2021-03-31 06486683 2022-03-31 06486683 2021-04-01 2022-03-31 06486683 frs-core:CurrentFinancialInstruments 2022-03-31 06486683 frs-core:Non-currentFinancialInstruments 2022-03-31 06486683 frs-core:ShareCapital 2022-03-31 06486683 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31
Registered number: 06486683
Real Property (UK) Limited
Unaudited Financial Statements
For the Period 1 April 2022 to 30 September 2023
SQK Accountancy Ltd
Use.Space
Paddock Street
Manchester
Greater Manchester
M12 6HT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06486683
30 September 2023 31 March 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,738 9,538
Investment Properties 5 673,923 673,923
685,661 683,461
CURRENT ASSETS
Debtors 6 443,229 87,128
Cash at bank and in hand 6,642 13,224
449,871 100,352
Creditors: Amounts Falling Due Within One Year 7 (188,418 ) (513,731 )
NET CURRENT ASSETS (LIABILITIES) 261,453 (413,379 )
TOTAL ASSETS LESS CURRENT LIABILITIES 947,114 270,082
Creditors: Amounts Falling Due After More Than One Year 8 (1,082,423 ) (297,511 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,472 ) (1,472 )
NET LIABILITIES (136,781 ) (28,901 )
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account (136,981 ) (29,101 )
SHAREHOLDERS' FUNDS (136,781) (28,901)
Page 1
Page 2
For the period ending 30 September 2023 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 P Million
Director
12/05/2025
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
Real Property (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06486683 . The registered office is 65 Duke Street, Darlington, County Durham, DL3 7SD.
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:
Plant & Machinery 25% Straight line
Fixtures & Fittings 25% Straight line
Computer Equipment 25% Straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4 (2022: 4)
4 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2022 14,085 6,469 20,554
Additions 10,945 - 10,945
As at 30 September 2023 25,030 6,469 31,499
Depreciation
As at 1 April 2022 10,215 801 11,016
Provided during the period 2,488 6,257 8,745
As at 30 September 2023 12,703 7,058 19,761
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 September 2023 12,327 (589 ) 11,738
As at 1 April 2022 3,870 5,668 9,538
5. Investment Property
30 September 2023
£
Fair Value
As at 1 April 2022 and 30 September 2023 673,923
6. Debtors
30 September 2023 31 March 2022
£ £
Due within one year
Trade debtors - 50,310
Other debtors 443,229 36,818
443,229 87,128
7. Creditors: Amounts Falling Due Within One Year
30 September 2023 31 March 2022
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 35,961 -
Other creditors 152,458 513,731
188,418 513,731
8. Creditors: Amounts Falling Due After More Than One Year
30 September 2023 31 March 2022
£ £
Bank loans 398,017 -
Other creditors 684,406 297,511
1,082,423 297,511
9. Share Capital
30 September 2023 31 March 2022
£ £
Allotted, Called up and fully paid 200 200
Page 4