Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 13684700 Mr C Ahmet Mr S D Perkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13684700 2023-10-31 13684700 2024-10-31 13684700 2023-11-01 2024-10-31 13684700 frs-core:Non-currentFinancialInstruments 2024-10-31 13684700 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 13684700 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 13684700 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 13684700 frs-core:RevaluationReserve 2023-11-01 2024-10-31 13684700 frs-core:RevaluationReserve 2024-10-31 13684700 frs-core:ShareCapital 2024-10-31 13684700 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13684700 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13684700 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 13684700 frs-bus:SmallEntities 2023-11-01 2024-10-31 13684700 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13684700 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 13684700 frs-bus:Director1 2023-11-01 2024-10-31 13684700 frs-bus:Director2 2023-11-01 2024-10-31 13684700 frs-countries:EnglandWales 2023-11-01 2024-10-31 13684700 2022-10-31 13684700 2023-10-31 13684700 2022-11-01 2023-10-31 13684700 frs-core:Non-currentFinancialInstruments 2023-10-31 13684700 frs-core:RevaluationReserve 2023-10-31 13684700 frs-core:ShareCapital 2023-10-31 13684700 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 13684700
Propel Property Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Debra Perkins Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13684700
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 740,000 384,510
740,000 384,510
CURRENT ASSETS
Cash at bank and in hand 3,002 3,295
3,002 3,295
Creditors: Amounts Falling Due Within One Year 5 (127,310 ) (133,303 )
NET CURRENT ASSETS (LIABILITIES) (124,308 ) (130,008 )
TOTAL ASSETS LESS CURRENT LIABILITIES 615,692 254,502
Creditors: Amounts Falling Due After More Than One Year 6 (262,620 ) (270,156 )
NET ASSETS/(LIABILITIES) 353,072 (15,654 )
CAPITAL AND RESERVES
Called up share capital 7 10 10
Revaluation reserve 8 355,490 -
Profit and Loss Account (2,428 ) (15,664 )
SHAREHOLDERS' FUNDS 353,072 (15,654)
Page 1
Page 2
For the year ending 31 October 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 S D Perkins
Director
16/07/2025
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
Propel Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13684700 . The registered office is 103 Westland Avenue, Hornchurch, RM11 3RX.
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:
Freehold No depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 November 2023 384,510
Revaluation 355,490
As at 31 October 2024 740,000
Net Book Value
As at 31 October 2024 740,000
As at 1 November 2023 384,510
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 127,310 133,303
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 262,620 270,156
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Reserves
Revaluation Reserve
£
Surplus on revaluation 355,490
As at 31 October 2024 355,490
Page 4