Acorah Software Products - Accounts Production 16.3.350 false true true 29 February 2024 6 February 2023 false 1 March 2024 28 February 2025 28 February 2025 14641467 A Straker-Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14641467 2024-02-29 14641467 2025-02-28 14641467 2024-03-01 2025-02-28 14641467 frs-core:CurrentFinancialInstruments 2025-02-28 14641467 frs-core:Non-currentFinancialInstruments 2025-02-28 14641467 frs-core:ShareCapital 2025-02-28 14641467 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 14641467 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 14641467 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 14641467 frs-bus:SmallEntities 2024-03-01 2025-02-28 14641467 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 14641467 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 14641467 frs-bus:Director1 2024-03-01 2025-02-28 14641467 frs-countries:EnglandWales 2024-03-01 2025-02-28 14641467 2023-02-05 14641467 2024-02-29 14641467 2023-02-06 2024-02-29 14641467 frs-core:CurrentFinancialInstruments 2024-02-29 14641467 frs-core:Non-currentFinancialInstruments 2024-02-29 14641467 frs-core:ShareCapital 2024-02-29 14641467 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 14641467
Arsb Properties Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 14641467
28 February 2025 29 February 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,296,575 974,000
1,296,575 974,000
CURRENT ASSETS
Debtors 5 14,676 1,083
Cash at bank and in hand 53,018 8,362
67,694 9,445
Creditors: Amounts Falling Due Within One Year 6 (1,195,481 ) (1,028,763 )
NET CURRENT ASSETS (LIABILITIES) (1,127,787 ) (1,019,318 )
TOTAL ASSETS LESS CURRENT LIABILITIES 168,788 (45,318 )
Creditors: Amounts Falling Due After More Than One Year 7 (217,181 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,089 ) -
NET LIABILITIES (52,482 ) (45,318 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement (52,582 ) (45,418 )
SHAREHOLDERS' FUNDS (52,482) (45,318)
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For the year ending 28 February 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 Income Statement.
On behalf of the board
A Straker-Brown
Director
18 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Arsb Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14641467 . The registered office is Stanway House, Almondsbury Business Centre, Bristol, BS32 4QH.
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.
Presentation currency
The accounts are presented in £ sterling.
2.2. Going Concern Disclosure
At the year-end date the company had a net liability position.
The directors have assessed the Statement of Financial Position and the future cash flows at the date of approving these financial statements. The directors consider that the Company has adequate resources to continue to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements, due to the ongoing support of the director. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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 rental income from investment or other properties held by the company, which is recognised on a straight-line basis over the term of the lease or rental agreement.
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 income statement.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Investment Property
28 February 2025
£
Fair Value
As at 1 March 2024 974,000
Additions 297,575
Fair value adjustments 25,000
As at 28 February 2025 1,296,575
The year-end valuation of investment property was carried out based on directors’ estimates, using knowledge of the local market and comparable property data. A formal external valuation by a professional valuer has not been undertaken.

Of the total fair value above, £318,411 (2024: £nil) relates to properties that are subject to charges under mortgage agreements.
5. Debtors
28 February 2025 29 February 2024
£ £
Due within one year
Trade debtors 1,063 230
Prepayments and accrued income 13,613 192
14,676 422
Due after more than one year
Deferred tax current asset - 661
14,676 1,083
6. Creditors: Amounts Falling Due Within One Year
28 February 2025 29 February 2024
£ £
Trade creditors 1,446 3,054
Other taxes and social security 145 -
Accruals and deferred income 1,346 -
Director's loan account 1,192,544 1,025,709
1,195,481 1,028,763
7. Creditors: Amounts Falling Due After More Than One Year
28 February 2025 29 February 2024
£ £
Bank loans 217,181 -
8. Secured Creditors
Of the creditors the following amounts are secured.
28 February 2025 29 February 2024
£ £
Bank loans and overdrafts 217,181 -
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9. Share Capital
28 February 2025 29 February 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
At the year-end date, the company owed £1,192,544 (2024: £1,025,709) to its directors.
This loan is interest-free and has no fixed date for repayment.
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