Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12488281 Mr Mads Dal Mr Chris Rowland-Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12488281 2023-12-31 12488281 2024-12-31 12488281 2024-01-01 2024-12-31 12488281 frs-core:CurrentFinancialInstruments 2024-12-31 12488281 frs-core:Non-currentFinancialInstruments 2024-12-31 12488281 frs-core:ComputerEquipment 2024-12-31 12488281 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12488281 frs-core:ComputerEquipment 2023-12-31 12488281 frs-core:OtherReservesSubtotal 2024-12-31 12488281 frs-core:ShareCapital 2024-12-31 12488281 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12488281 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12488281 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12488281 frs-bus:SmallEntities 2024-01-01 2024-12-31 12488281 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12488281 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12488281 frs-bus:Director1 2024-01-01 2024-12-31 12488281 frs-bus:Director2 2024-01-01 2024-12-31 12488281 frs-countries:EnglandWales 2024-01-01 2024-12-31 12488281 2022-12-31 12488281 2023-12-31 12488281 2023-01-01 2023-12-31 12488281 frs-core:CurrentFinancialInstruments 2023-12-31 12488281 frs-core:Non-currentFinancialInstruments 2023-12-31 12488281 frs-core:OtherReservesSubtotal 2023-12-31 12488281 frs-core:ShareCapital 2023-12-31 12488281 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12488281
Arne Property Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Square Mile Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12488281
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 510 -
Investment Properties 5 200,000 -
200,510 -
CURRENT ASSETS
Debtors 6 26,908 26,925
Cash at bank and in hand 7,591 1,581
34,499 28,506
Creditors: Amounts Falling Due Within One Year 7 (126,035 ) (47,108 )
NET CURRENT ASSETS (LIABILITIES) (91,536 ) (18,602 )
TOTAL ASSETS LESS CURRENT LIABILITIES 108,974 (18,602 )
Creditors: Amounts Falling Due After More Than One Year 8 (32,253 ) (39,426 )
NET ASSETS/(LIABILITIES) 76,721 (58,028 )
CAPITAL AND RESERVES
Called up share capital 9 111 100
Other reserves 2 -
Profit and Loss Account 76,608 (58,128 )
SHAREHOLDERS' FUNDS 76,721 (58,028)
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 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 Mads Dal
Director
24th July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Arne Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12488281 . The registered office is Morie Street Studios 4 Morie Street, Studio 6, London, England, SW18 1SL.
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. 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:
Computer Equipment Straight Line 25%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: NIL)
2 -
4. Tangible Assets
Computer Equipment
£
Cost or Valuation
As at 1 January 2024 -
Additions 532
As at 31 December 2024 532
Depreciation
As at 1 January 2024 -
Provided during the period 22
As at 31 December 2024 22
Net Book Value
As at 31 December 2024 510
As at 1 January 2024 -
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 -
Additions 2
Revaluations 199,998
As at 31 December 2024 200,000
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 26,908 26,925
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,497 1,025
Bank loans and overdrafts 7,755 7,770
Amounts owed to group undertakings 116,283 37,995
Other creditors 500 318
126,035 47,108
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 32,253 39,426
Interest on the bank loan is being charged at 2.5%. The loan is repayable by June 2030.
9. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 22 11
Called Up Share Capital has been paid up 89 89
Amount of Allotted, Called Up Share Capital 111 100
Page 4