Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12230653 Mr Rajiv Chakradaran Rajiv Charkradaran true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12230653 2023-09-30 12230653 2024-09-30 12230653 2023-10-01 2024-09-30 12230653 frs-core:CurrentFinancialInstruments 2024-09-30 12230653 frs-core:Non-currentFinancialInstruments 2024-09-30 12230653 frs-core:ShareCapital 2024-09-30 12230653 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12230653 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12230653 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12230653 frs-bus:SmallEntities 2023-10-01 2024-09-30 12230653 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12230653 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12230653 1 2023-10-01 2024-09-30 12230653 frs-core:CostValuation 2023-09-30 12230653 frs-core:AdditionsToInvestments 2024-09-30 12230653 frs-core:CostValuation 2024-09-30 12230653 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 12230653 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 12230653 frs-bus:Director1 2023-10-01 2024-09-30 12230653 frs-countries:EnglandWales 2023-10-01 2024-09-30 12230653 2022-09-30 12230653 2023-09-30 12230653 2022-10-01 2023-09-30 12230653 frs-core:CurrentFinancialInstruments 2023-09-30 12230653 frs-core:Non-currentFinancialInstruments 2023-09-30 12230653 frs-core:ShareCapital 2023-09-30 12230653 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12230653
Redefine Reality Property Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Calculated Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12230653
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,150,670 1,060,381
Investments 5 2 -
2,150,672 1,060,381
CURRENT ASSETS
Debtors 6 28,022 36,456
Cash at bank and in hand 98,623 18,577
126,645 55,033
Creditors: Amounts Falling Due Within One Year 7 (1,537 ) (2,170 )
NET CURRENT ASSETS (LIABILITIES) 125,108 52,863
TOTAL ASSETS LESS CURRENT LIABILITIES 2,275,780 1,113,244
Creditors: Amounts Falling Due After More Than One Year 8 (1,533,802 ) (1,292,305 )
NET ASSETS/(LIABILITIES) 741,978 (179,061 )
CAPITAL AND RESERVES
Called up share capital 9 4 2
Profit and Loss Account 741,974 (179,063 )
SHAREHOLDERS' FUNDS 741,978 (179,061)
Page 1
Page 2
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
Mr Rajiv Chakradaran
Director
28/05/2025
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
Redefine Reality Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12230653 . The registered office is 127 North End House Fitzjames Avenue, London, W14 0RZ.
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. 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 year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 October 2023 1,060,381
Additions 1,090,289
As at 30 September 2024 2,150,670
5. Investments
Subsidiaries
£
Cost
As at 1 October 2023 -
Additions 2
As at 30 September 2024 2
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 2
As at 1 October 2023 -
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Redefine Reality Property Ltd is now the 100% shareholder in Orient Match Ventures Limited. The company is not required to prepare consolidated accounts and the cost of the investment has been included in these accounts.
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 3,732 1,355
Other debtors 24,290 35,101
28,022 36,456
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,537 2,170
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 779,565 538,965
Directors loan account 754,237 753,340
1,533,802 1,292,305
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 2
10. Related Party Transactions
Rajiv ChakradaranShareholder and DirectorThe Director advanced £754,237 (2023:£753,340) to the company during the year. This loan is interest free and is repayable on demand.

Rajiv Chakradaran

Shareholder and Director

The Director advanced £754,237 (2023:£753,340) to the company during the year. This loan is interest free and is repayable on demand.

11. Exceptional Items
During the year the company received a dividend in specie from a subisdiary company Orient Match Ventures Ltd. A property was distributed to Redefine Reality Property Limited and is included in fixed asset investments in these accounts. 
12. Ultimate Controlling Party
The company's ultimate controlling parties is Rajiv Charkradaran by virtue of his ownership of 100% of the issued share capital in the company.
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