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 SC725696 Connaire McGuinness iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC725696 2024-03-31 SC725696 2025-03-31 SC725696 2024-04-01 2025-03-31 SC725696 frs-core:CurrentFinancialInstruments 2025-03-31 SC725696 frs-core:ComputerEquipment 2025-03-31 SC725696 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC725696 frs-core:ComputerEquipment 2024-03-31 SC725696 frs-core:ShareCapital 2025-03-31 SC725696 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC725696 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC725696 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC725696 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC725696 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC725696 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC725696 frs-bus:Director1 2024-04-01 2025-03-31 SC725696 frs-countries:Scotland 2024-04-01 2025-03-31 SC725696 2023-03-31 SC725696 2024-03-31 SC725696 2023-04-01 2024-03-31 SC725696 frs-core:CurrentFinancialInstruments 2024-03-31 SC725696 frs-core:ShareCapital 2024-03-31 SC725696 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC725696
V31 Property Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC725696
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,399 -
1,399 -
CURRENT ASSETS
Cash at bank and in hand 9,890 39
9,890 39
Creditors: Amounts Falling Due Within One Year 5 (24,853 ) (24,755 )
NET CURRENT ASSETS (LIABILITIES) (14,963 ) (24,716 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,564 ) (24,716 )
NET LIABILITIES (13,564 ) (24,716 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (13,664 ) (24,816 )
SHAREHOLDERS' FUNDS (13,564) (24,716)
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
Connaire McGuinness
Director
22/04/2025
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
V31 Property Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC725696 . The registered office is 14 Newton Place, Glasgow, G3 7PY.
The company changed it's name to V31 Property Ltd from earlier name Sell Your Home Scotland Ltd on 17 May 2022.
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.
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 3 years SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 -
Additions 2,099
As at 31 March 2025 2,099
Depreciation
As at 1 April 2024 -
Provided during the period 700
As at 31 March 2025 700
Net Book Value
As at 31 March 2025 1,399
As at 1 April 2024 -
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) 1
Accruals and deferred income 696 696
Director's loan account 24,158 24,058
24,853 24,755
Page 2
Page 3
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3