Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12032978 Arun Thomas Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12032978 2023-09-30 12032978 2024-09-30 12032978 2023-10-01 2024-09-30 12032978 frs-core:ShareCapital 2024-09-30 12032978 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12032978 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12032978 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12032978 frs-bus:SmallEntities 2023-10-01 2024-09-30 12032978 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12032978 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12032978 frs-bus:Director1 2023-10-01 2024-09-30 12032978 frs-countries:EnglandWales 2023-10-01 2024-09-30 12032978 2022-09-30 12032978 2023-09-30 12032978 2022-10-01 2023-09-30 12032978 frs-core:CurrentFinancialInstruments 2023-09-30 12032978 frs-core:ShareCapital 2023-09-30 12032978 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12032978
Parsons Singh Property Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Gravitate Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12032978
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 231,975 -
231,975 -
CURRENT ASSETS
Cash at bank and in hand 3,888 1,448
3,888 1,448
Creditors: Amounts Falling Due Within One Year 5 (235,876 ) (428 )
NET CURRENT ASSETS (LIABILITIES) (231,988 ) 1,020
TOTAL ASSETS LESS CURRENT LIABILITIES (13 ) 1,020
NET (LIABILITIES)/ASSETS (13 ) 1,020
CAPITAL AND RESERVES
Called up share capital 6 90 90
Profit and Loss Account (103 ) 930
SHAREHOLDERS' FUNDS (13) 1,020
For the year ending 30 September 2024 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
Arun Thomas Singh
Director
22nd May 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
Parsons Singh Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12032978 . The registered office is Unit 1, Waterside Court, Bold Street, Sheffield, South Yorkshire, United Kingdom, S9 2LR.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.

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.
2.4. 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.
2.5. Financial Instruments
Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account within overheads. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 October 2023 -
Additions 231,975
As at 30 September 2024 231,975
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 235,876 300
Taxation and social security - 128
235,876 428
Page 2
Page 3
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 90 90
7. Related Party Transactions
Included within Other Creditors are loans to related parties amounting to £235,000 (2023:£0). These loans are unsecured, interest free and repayable on demand.
Page 3