Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 5274185 Mr Robert Shearwood Mr Darren Shearwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5274185 2023-12-31 5274185 2024-12-31 5274185 2024-01-01 2024-12-31 5274185 frs-core:CurrentFinancialInstruments 2024-12-31 5274185 frs-core:Non-currentFinancialInstruments 2024-12-31 5274185 frs-core:ComputerEquipment 2024-12-31 5274185 frs-core:ComputerEquipment 2024-01-01 2024-12-31 5274185 frs-core:ComputerEquipment 2023-12-31 5274185 frs-core:FurnitureFittings 2024-12-31 5274185 frs-core:FurnitureFittings 2024-01-01 2024-12-31 5274185 frs-core:FurnitureFittings 2023-12-31 5274185 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 5274185 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 5274185 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 5274185 frs-core:MotorVehicles 2024-12-31 5274185 frs-core:MotorVehicles 2024-01-01 2024-12-31 5274185 frs-core:MotorVehicles 2023-12-31 5274185 frs-core:PlantMachinery 2024-12-31 5274185 frs-core:PlantMachinery 2024-01-01 2024-12-31 5274185 frs-core:PlantMachinery 2023-12-31 5274185 frs-core:RevaluationReserve 2023-12-31 5274185 frs-core:RevaluationReserve 2024-12-31 5274185 frs-core:ShareCapital 2024-12-31 5274185 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 5274185 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 5274185 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 5274185 frs-bus:SmallEntities 2024-01-01 2024-12-31 5274185 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 5274185 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 5274185 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 5274185 frs-bus:OrdinaryShareClass1 2024-12-31 5274185 frs-core:ListedExchangeTraded 2024-12-31 5274185 frs-core:ListedExchangeTraded 2023-12-31 5274185 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 5274185 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 5274185 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 5274185 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 5274185 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 5274185 frs-bus:Director1 2024-01-01 2024-12-31 5274185 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 5274185 frs-core:Non-currentFinancialInstruments 1 2024-12-31 5274185 frs-countries:EnglandWales 2024-01-01 2024-12-31 5274185 2022-12-31 5274185 2023-12-31 5274185 2023-01-01 2023-12-31 5274185 frs-core:CurrentFinancialInstruments 2023-12-31 5274185 frs-core:Non-currentFinancialInstruments 2023-12-31 5274185 frs-core:RevaluationReserve 2023-12-31 5274185 frs-core:ShareCapital 2023-12-31 5274185 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 5274185 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 5274185 frs-core:Non-currentFinancialInstruments 1 2023-12-31 5274185 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 5274185
R P Shearwood Properties Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 5274185
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,100,213 3,712,982
Investments 5 43,780 37,908
4,143,993 3,750,890
CURRENT ASSETS
Debtors 6 942,481 1,307,296
Investments 7 5,630 6,345
Cash at bank and in hand 9,064 17,218
957,175 1,330,859
Creditors: Amounts Falling Due Within One Year 8 (37,347 ) (31,460 )
NET CURRENT ASSETS (LIABILITIES) 919,828 1,299,399
TOTAL ASSETS LESS CURRENT LIABILITIES 5,063,821 5,050,289
Creditors: Amounts Falling Due After More Than One Year 9 (2,036,202 ) (2,048,507 )
NET ASSETS 3,027,619 3,001,782
CAPITAL AND RESERVES
Called up share capital 10 10,000 10,000
Revaluation reserve 11 2,231,801 2,231,801
Profit and Loss Account 785,818 759,981
SHAREHOLDERS' FUNDS 3,027,619 3,001,782
Page 1
Page 2
For the year ending 31 December 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 Robert Shearwood
Director
15th July 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R P Shearwood Properties Limited Registered number 5274185 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 4 Tilia Court, Rackheath Industrial Estate, Norwich, Norfolk, NR13 6SX.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 Nil
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2024 3,641,159 21,196 41,906 177,507
Additions 400,000 - - 6,915
As at 31 December 2024 4,041,159 21,196 41,906 184,422
Depreciation
As at 1 January 2024 - 5,299 10,477 153,314
Provided during the period - 3,974 7,857 7,777
As at 31 December 2024 - 9,273 18,334 161,091
Net Book Value
As at 31 December 2024 4,041,159 11,923 23,572 23,331
As at 1 January 2024 3,641,159 15,897 31,429 24,193
Computer Equipment Total
£ £
Cost
As at 1 January 2024 541 3,882,309
Additions - 406,915
As at 31 December 2024 541 4,289,224
Depreciation
As at 1 January 2024 237 169,327
Provided during the period 76 19,684
As at 31 December 2024 313 189,011
Net Book Value
As at 31 December 2024 228 4,100,213
As at 1 January 2024 304 3,712,982
Page 4
Page 5
5. Investments
Listed
£
Cost
As at 1 January 2024 37,908
Additions 5,872
As at 31 December 2024 43,780
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 43,780
As at 1 January 2024 37,908
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,202 2,291
Other debtors - 5,000
VAT - 989
2,202 8,280
Due after more than one year
Other debtors 940,279 1,299,016
942,481 1,307,296
7. Current Asset Investments
2024 2023
£ £
Short term deposits 5,630 6,345
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,037 11,260
Bank loans and overdrafts 11,437 14,274
Corporation tax 10,304 257
VAT 320 -
Other creditors 6,249 4,878
Credit Card - 791
37,347 31,460
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 623,540 658,440
Other creditors 44,251 1,888
Other creditors (1) 1,318,949 1,318,864
Directors loan account 49,462 69,315
2,036,202 2,048,507
10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
10,000 Ordinary Shares of £ 1.000 each 10,000 10,000
11. Reserves
Revaluation Reserve
£
As at 1 January 2024 2,231,801
As at 31 December 2024 2,231,801
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12. Related Party Transactions
RPS Maintenance Services LtdR Shearwood is a Director and shareholder in RPS Maintenance Services LtdDuring the year a property was transferred back to R P Shearwood Properties from RPS Maintenance Services at a value of £400000.00. A loan account for £43333.42(£366666.60 debtor - 2023) shows on the Balance Sheet as a creditor.

RPS Maintenance Services Ltd

R Shearwood is a Director and shareholder in RPS Maintenance Services Ltd

During the year a property was transferred back to R P Shearwood Properties from RPS Maintenance Services at a value of £400000.00. A loan account for £43333.42(£366666.60 debtor - 2023) shows on the Balance Sheet as a creditor.

RPS Maintenance Services LtdR Shearwood is a director and shareholder in RPS Maintenance ServicesThere is a loan between the two companies. As at the Balance Sheet date there was an amount of £10195.80 owed to R P Shearwood Properties (£8234.58-2023).

RPS Maintenance Services Ltd

R Shearwood is a director and shareholder in RPS Maintenance Services

There is a loan between the two companies. As at the Balance Sheet date there was an amount of £10195.80 owed to R P Shearwood Properties (£8234.58-2023).

RPS Builders LtdR Shearwood is a director and shareholder in RPS Builders LtdThere is a loan between the two companies. As at the Balance Sheet date there was an amount of £391289.93 owed to R P Shearwood Properties (£394031.25-2023).

RPS Builders Ltd

R Shearwood is a director and shareholder in RPS Builders Ltd

There is a loan between the two companies. As at the Balance Sheet date there was an amount of £391289.93 owed to R P Shearwood Properties (£394031.25-2023).

Hart Farm Developments LtdR Shearwood is the sole director and shareholder in Hart Farm DevelopmentsThere is a loan between the two companies. As at the Balance Sheet date there was an amount of £102729.38 owed to R P Shearwood Properties (£97555.52-2023).

Hart Farm Developments Ltd

R Shearwood is the sole director and shareholder in Hart Farm Developments

There is a loan between the two companies. As at the Balance Sheet date there was an amount of £102729.38 owed to R P Shearwood Properties (£97555.52-2023).

R D & D Properties LtdR Shearwood is a director and shareholder in R D & D PropertiesThere is a loan between the two companies. As at the Balance Sheet date there was an amount of £37008.30 owed to R P Shearwood Properties (£36593.30-2023).

R D & D Properties Ltd

R Shearwood is a director and shareholder in R D & D Properties

There is a loan between the two companies. As at the Balance Sheet date there was an amount of £37008.30 owed to R P Shearwood Properties (£36593.30-2023).

Beeston Garden Centre LtdR Shearwood is a director and shareholder in Beeston Garden Centre LtdThere is a loan between the two companies. As at the Balance Sheet date there was an amount owed to R P Shearwood Properties of £43669.55 (£43009.69-2023).

Beeston Garden Centre Ltd

R Shearwood is a director and shareholder in Beeston Garden Centre Ltd

There is a loan between the two companies. As at the Balance Sheet date there was an amount owed to R P Shearwood Properties of £43669.55 (£43009.69-2023).

Batemans Carpets LtdR Shearwood is a director and shareholder in Batemans Carpets LtdThere is a loan between the two companies. As at the Balance Sheet date there was an amount of £342722.61 owed to R P Shearwood Properties Ltd (£342303.99-2023).

Batemans Carpets Ltd

R Shearwood is a director and shareholder in Batemans Carpets Ltd

There is a loan between the two companies. As at the Balance Sheet date there was an amount of £342722.61 owed to R P Shearwood Properties Ltd (£342303.99-2023).

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