Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 02742007 Ms Sara Olsen Mr Graeme Olsen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02742007 2024-04-30 02742007 2025-04-30 02742007 2024-05-01 2025-04-30 02742007 frs-core:CurrentFinancialInstruments 2025-04-30 02742007 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 02742007 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 02742007 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 02742007 frs-core:ShareCapital 2025-04-30 02742007 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 02742007 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 02742007 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 02742007 frs-bus:SmallEntities 2024-05-01 2025-04-30 02742007 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 02742007 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 02742007 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 02742007 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-04-30 02742007 frs-bus:Director1 2024-05-01 2025-04-30 02742007 frs-bus:Director2 2024-05-01 2025-04-30 02742007 frs-countries:EnglandWales 2024-05-01 2025-04-30 02742007 2023-04-30 02742007 2024-04-30 02742007 2023-05-01 2024-04-30 02742007 frs-core:CurrentFinancialInstruments 2024-04-30 02742007 frs-core:ShareCapital 2024-04-30 02742007 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 02742007 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30
Registered number: 02742007
Strivesign Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02742007
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 366,734 366,734
Investment Properties 5 2,795,400 2,795,400
3,162,134 3,162,134
CURRENT ASSETS
Debtors 6 10,800 15,390
Cash at bank and in hand 2,075,633 1,836,800
2,086,433 1,852,190
Creditors: Amounts falling due within one year 7 (1,207,894 ) (1,225,916 )
NET CURRENT ASSETS (LIABILITIES) 878,539 626,274
TOTAL ASSETS LESS CURRENT LIABILITIES 4,040,673 3,788,408
PROVISIONS FOR LIABILITIES
Deferred Taxation (37,000 ) (37,000 )
NET ASSETS 4,003,673 3,751,408
CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 684,318 684,318
Profit and Loss Account 3,319,353 3,067,088
SHAREHOLDERS' FUNDS 4,003,673 3,751,408
Page 1
Page 2
For the year ending 30 April 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
Ms Sara Olsen
Director
06/08/2025
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
Strivesign Limited is a private company limited by shares, and is incorporated in England & Wales (registered number 02742007 .) Its registered office is located at c/o Heritage Capital Management, 6th Floor Broadway House, Tothill Street, London, SW1H 9NQ.
The principal activity of the company continued to be that of letting of investment properties.
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.
The financial statements are presented in sterling, which is the functional currency of the company.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises rent receivable fom the letting of investment properties. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Tangible fixed assets include freehold land and biological assets and depreciation is not relevant.
Freehold property 0%
2.4. Investment Properties
Investment property is carried at fair value, determined annually by independent external valuers and derived from current market conditions.  No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans with related parties and other third parties.
Financial Assets
Basic financial assets, including trade and other receivables, and cash and bank balances are recognised at transaction price, less any impairment.
Financial Liabilities
Basic financial liabilities, including trade and other payables, are recognised at transaction price, less any impairment, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
2.6. Taxation
The overall tax charge represents the sum of the tax currently payable and deferred tax.
Current and deferred tax are recognised in the profit and loss account for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.  On the grounds of immateriality, deferred tax assets and liabilities are not discounted.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because it excludes items of income and expenditure that are not taxable or deductible, or that are taxable or deductible in other accounting periods. 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.
Deferred tax
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise.  Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the financial statements. 
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.
2.7. Fair value reserve
Unrealised fair value gains and losses in the year are transferred from the profit and loss reserve to a non-distributable fair value reserve net of the related deferred tax provision. When there is a disposal of an investment property in the year, the gain or loss relating to that property is transferred to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold property
£
Cost
As at 1 May 2024 366,734
As at 30 April 2025 366,734
Net Book Value
As at 30 April 2025 366,734
As at 1 May 2024 366,734
Included within cost of land and buildings is freehold land of £178,060 (2024 - £178,060) which is not depreciated. The remaining assets are the cost of biological assets on the land. The biological assets are not depreciated.
5. Investment Property
2025
£
Fair Value
As at 1 May 2024 and 30 April 2025 2,795,400
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 10,800 15,390
7. Creditors: Amounts falling due within one year
2025 2024
£ £
Trade creditors - 2,132
Amounts owed to participating interests 1,043,063 1,043,063
Other creditors 64,405 60,972
Taxation and social security 100,426 119,749
1,207,894 1,225,916
Page 4
Page 5
8. Reserves
Fair Value Reserve
£
As at 1 May 2024 684,318
As at 30 April 2025 684,318
Unrealised fair value gains and losses in the year are transferred from the profit and loss reserve to a non-distributable fair value reserve net of the related deferred tax provision. When there is a disposal of an investment property in the year, the gain or loss relating to that property is transferred to the profit and loss account. 
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