Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09983324 Mr David Kelleway Mr Kevin Garlinge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09983324 2024-02-29 09983324 2025-02-28 09983324 2024-03-01 2025-02-28 09983324 frs-core:CurrentFinancialInstruments 2025-02-28 09983324 frs-core:ShareCapital 2025-02-28 09983324 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09983324 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09983324 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09983324 frs-bus:SmallEntities 2024-03-01 2025-02-28 09983324 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09983324 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09983324 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29 09983324 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-02-28 09983324 frs-bus:Director1 2024-03-01 2025-02-28 09983324 frs-bus:Director2 2024-03-01 2025-02-28 09983324 frs-countries:EnglandWales 2024-03-01 2025-02-28 09983324 2023-02-28 09983324 2024-02-29 09983324 2023-03-01 2024-02-29 09983324 frs-core:CurrentFinancialInstruments 2024-02-29 09983324 frs-core:ShareCapital 2024-02-29 09983324 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09983324 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29
Registered number: 09983324
Ruislip Manor Property Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09983324
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,056,380 1,056,380
1,056,380 1,056,380
CURRENT ASSETS
Stocks 5 2,760,000 3,399,404
Debtors 6 1,004 6,233
Cash at bank and in hand 16,590 16,220
2,777,594 3,421,857
Creditors: Amounts Falling Due Within One Year 7 (2,066,489 ) (2,914,545 )
NET CURRENT ASSETS (LIABILITIES) 711,105 507,312
TOTAL ASSETS LESS CURRENT LIABILITIES 1,767,485 1,563,692
PROVISIONS FOR LIABILITIES
Deferred Taxation (20,156 ) (20,156 )
NET ASSETS 1,747,329 1,543,536
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 87,869 87,869
Profit and Loss Account 1,659,360 1,455,567
SHAREHOLDERS' FUNDS 1,747,329 1,543,536
Page 1
Page 2
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 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 David Kelleway
Director
27 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Ruislip Manor Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09983324 . The registered office is 16a West Overcliff Drive, Bournemouth, Dorset, BH4 8AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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 property and from rent receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of property
Turnover from the sale of property is recognised when the significant risks and rewards of ownership of the property has transferred to the buyer.
Rental income
Turnover from rent is recognised by the rent period it relates to.
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.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.6. 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.
...CONTINUED
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2.6. Taxation - continued
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: 3 (2024: 3)
3 3
4. Investment Property
2025
£
Fair Value
As at 1 March 2024 and 28 February 2025 1,056,380
The investment property has been revalued at the market value by the director on 28 February 2025. The historical cost of the investment property is £975,756 (2024 - £975,756).
5. Stocks
2025 2024
£ £
Work in progress 2,760,000 3,399,404
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 954 3,665
Prepayments and accrued income - 988
Other debtors 50 1,580
1,004 6,233
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,038 3,220
Other taxes and social security 69,508 72,662
Other creditors 1,990,993 2,836,813
Accruals and deferred income 1,950 1,850
2,066,489 2,914,545
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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9. Reserves
Fair Value Reserve
£
As at 1 March 2024 87,869
As at 28 February 2025 87,869
10. Related Party Transactions
At the balance sheet date, the company owed £1,738,987 (2024 - £2,286,987) to Culverdene Properties Ltd, a company owned by the director. The balance is repayable on demand. This loan is presented within creditors: amounts falling due within one year.
At the balance sheet date, the company owed £238,800 (2024 - £Nil) to Moneybox (Bournemouth) Ltd, a company under common control. The balance is repayable on demand. This loan is presented within creditors: amounts falling due within one year.
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