Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 3907380 Mr Leonard Burke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 3907380 2024-03-31 3907380 2025-03-31 3907380 2024-04-01 2025-03-31 3907380 frs-core:CurrentFinancialInstruments 2025-03-31 3907380 frs-core:ShareCapital 2025-03-31 3907380 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 3907380 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 3907380 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 3907380 frs-bus:SmallEntities 2024-04-01 2025-03-31 3907380 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 3907380 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 3907380 frs-core:ListedExchangeTraded 2025-03-31 3907380 frs-core:ListedExchangeTraded 2024-03-31 3907380 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 3907380 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 3907380 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 3907380 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 3907380 frs-bus:Director1 2024-04-01 2025-03-31 3907380 frs-countries:EnglandWales 2024-04-01 2025-03-31 3907380 2023-03-31 3907380 2024-03-31 3907380 2023-04-01 2024-03-31 3907380 frs-core:CurrentFinancialInstruments 2024-03-31 3907380 frs-core:ShareCapital 2024-03-31 3907380 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 3907380
SULLY PROPERTIES LIMITED
Financial Statements
For The Year Ended 31 March 2025
Price & Partners Ltd.
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 3907380
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 120,000 120,000
120,000 120,000
CURRENT ASSETS
Debtors 5 (4,275 ) -
Cash at bank and in hand 30,057 23,471
25,782 23,471
Creditors: Amounts Falling Due Within One Year 6 (12,202 ) (13,493 )
NET CURRENT ASSETS (LIABILITIES) 13,580 9,978
TOTAL ASSETS LESS CURRENT LIABILITIES 133,580 129,978
NET ASSETS 133,580 129,978
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 133,579 129,977
SHAREHOLDERS' FUNDS 133,580 129,978
For the year 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 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 Leonard Burke
Director
31/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
SULLY PROPERTIES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 3907380 . The registered office is Casa Cotillo, 7 Price Avenue, Cadoxton, Barry, CF63 1JR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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. Taxation
The corporation tax expense represents the sum of the tax currently payable, no deferred tax provision was deemed necessary.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investments
Listed
£
Cost or Valuation
As at 1 April 2024 120,000
As at 31 March 2025 120,000
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 120,000
As at 1 April 2024 120,000
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income (4,275 ) -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts - 2,347
Corporation tax 3,190 1,462
Accruals and deferred income 900 900
Director's loan account 8,112 8,784
12,202 13,493
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 3