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Registered number: 12888159
Dalton Estate Properties Ltd
Unaudited Financial Statements
For the Period 1 October 2023 to 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12888159
31 March 2025 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,001,572 -
1,001,572 -
CURRENT ASSETS
Debtors 5 8,883 630
Cash at bank and in hand 5,761 -
14,644 630
Creditors: Amounts Falling Due Within One Year 6 (387,874 ) (1,526 )
NET CURRENT ASSETS (LIABILITIES) (373,230 ) (896 )
TOTAL ASSETS LESS CURRENT LIABILITIES 628,342 (896 )
Creditors: Amounts Falling Due After More Than One Year 7 (646,147 ) -
NET LIABILITIES (17,805 ) (896 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account (18,005 ) (1,096 )
SHAREHOLDERS' FUNDS (17,805) (896)
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For the period 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 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 H Dalton
Director
23/06/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dalton Estate Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12888159 . The registered office is Unit 7 Edenbridge Trade Centre, Hever Road, Edenbridge, Kent, TN8 5EA.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
After reviewing the company’s forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
2.3. Turnover
Turnover comprises operating lease income, which is recognised on a straight-line basis over the term of the lease agreements, where agreements included incentives or similar arrangements those are recognised on a straight line basis over the period of the lease agreement. All income is shown new of VAT and other sales related taxes.
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
The company has elected to apply the provisionf of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues' of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, including trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.
Basic financial liabilities
Basic financial liabilities, including trade and other payables, bank loans and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the  present value of the future receipts discounted at a market rate of interest.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.6. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: 2)
2 2
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4. Investment Property
31 March 2025
£
Fair Value
As at 1 October 2023 -
Additions 1,001,572
As at 31 March 2025 1,001,572
5. Debtors
31 March 2025 30 September 2023
£ £
Due within one year
Trade debtors 583 -
Other debtors 8,300 630
8,883 630
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 30 September 2023
£ £
Trade creditors 615 -
Bank loans and overdrafts 9,406 -
Other creditors 377,853 1,526
387,874 1,526
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 30 September 2023
£ £
Bank loans 646,147 -
Bank loans of £655,553 relates to mortgages which are secured by a fixed charge over the corresponding asset included in the balance sheet as at the balance sheet date.
8. Share Capital
31 March 2025 30 September 2023
£ £
Allotted, Called up and fully paid 200 200
9. Related Party Transactions
At the period end, the company owes £5,000 to Buff Browz Group Ltd, a fellow subsidiary. No interest is incurred and it is treated as repayable on demand.
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