Acorah Software Products - Accounts Production 16.4.660 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 01477661 Mr M G Campion Mrs M Campion Mrs M Campion iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01477661 2024-01-31 01477661 2025-01-31 01477661 2024-02-01 2025-01-31 01477661 frs-core:CurrentFinancialInstruments 2025-01-31 01477661 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-31 01477661 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 01477661 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 01477661 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 01477661 frs-core:ShareCapital 2025-01-31 01477661 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 01477661 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 01477661 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 01477661 frs-bus:SmallEntities 2024-02-01 2025-01-31 01477661 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 01477661 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 01477661 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-01 2025-01-31 01477661 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-31 01477661 frs-bus:Director1 2024-02-01 2025-01-31 01477661 frs-bus:Director2 2024-02-01 2025-01-31 01477661 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 01477661 frs-countries:EnglandWales 2024-02-01 2025-01-31 01477661 2023-01-31 01477661 2024-01-31 01477661 2023-02-01 2024-01-31 01477661 frs-core:CurrentFinancialInstruments 2024-01-31 01477661 frs-core:ShareCapital 2024-01-31 01477661 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 01477661 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-01-31
Registered number: 01477661
Peppers (Nottingham) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01477661
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 26,271
Investment Properties 5 500,000 -
500,000 26,271
CURRENT ASSETS
Debtors 6 4,534 -
Cash at bank and in hand 10,711 -
15,245 -
Creditors: Amounts Falling Due Within One Year 7 (29,125 ) (300 )
NET CURRENT ASSETS (LIABILITIES) (13,880 ) (300 )
TOTAL ASSETS LESS CURRENT LIABILITIES 486,120 25,971
PROVISIONS FOR LIABILITIES
Deferred Taxation (116,359 ) -
NET ASSETS 369,761 25,971
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 349,078 -
Profit and Loss Account 20,583 25,871
SHAREHOLDERS' FUNDS 369,761 25,971
Page 1
Page 2
For the year ending 31 January 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
Mrs M Campion
Director
10/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Peppers (Nottingham) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01477661 . The registered office is Northgate House North Gate, New Basford, Nottingham, NG7 7BQ.
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. 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:
Freehold 2% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 February 2024 34,563
Transfers (34,563 )
As at 31 January 2025 -
Depreciation
As at 1 February 2024 8,292
On revaluations (8,292 )
As at 31 January 2025 -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 26,271
5. Investment Property
2025
£
Fair Value
As at 1 February 2024 -
Transfers 34,563
Depreciation and impairment -
Fair value adjustments 465,437
As at 31 January 2025 500,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be: £34,563
The investment property has been valued by the Directors, based the rental yield. There has been no valuation by an independent valuer.
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,917 -
Other debtors 1,617 -
4,534 -
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 285 -
Amounts owed to participating interests 10,789 -
Other creditors 18,051 300
29,125 300
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair Value Reserve
£
Movements in fair value reserve 465,437
Transfer to profit and loss (116,359 )
As at 31 January 2025 349,078
Page 4
Page 5
10. Related Party Transactions
Summary of transactions with related parties
Included within other creditors is the following balance in respect of a company which is related by virtue of common ownership and directorship:
At the year end, an amount of £10,789 (2024: £Nil) was owed to Elmrock Limited.
Page 5