Acorah Software Products - Accounts Production 16.4.675 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 11356816 Mr Sivamyooran Srikanth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11356816 2024-05-31 11356816 2025-05-31 11356816 2024-06-01 2025-05-31 11356816 frs-core:CurrentFinancialInstruments 2025-05-31 11356816 frs-core:Non-currentFinancialInstruments 2025-05-31 11356816 frs-core:ShareCapital 2025-05-31 11356816 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 11356816 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11356816 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 11356816 frs-bus:SmallEntities 2024-06-01 2025-05-31 11356816 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 11356816 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 11356816 frs-core:ListedExchangeTraded 2025-05-31 11356816 frs-core:ListedExchangeTraded 2024-05-31 11356816 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-05-31 11356816 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-05-31 11356816 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-05-31 11356816 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-05-31 11356816 frs-bus:Director1 2024-06-01 2025-05-31 11356816 frs-core:Non-currentFinancialInstruments 1 2025-05-31 11356816 frs-countries:EnglandWales 2024-06-01 2025-05-31 11356816 2023-05-31 11356816 2024-05-31 11356816 2023-06-01 2024-05-31 11356816 frs-core:CurrentFinancialInstruments 2024-05-31 11356816 frs-core:Non-currentFinancialInstruments 2024-05-31 11356816 frs-core:ShareCapital 2024-05-31 11356816 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11356816 frs-core:Non-currentFinancialInstruments 1 2024-05-31
Registered number: 11356816
VICTORY PROPERTIES LTD
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11356816
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 160,659 160,659
160,659 160,659
CURRENT ASSETS
Debtors 5 14,180 18,115
Cash at bank and in hand 2,132 2,740
16,312 20,855
Creditors: Amounts Falling Due Within One Year 6 (24,787 ) (24,507 )
NET CURRENT ASSETS (LIABILITIES) (8,475 ) (3,652 )
TOTAL ASSETS LESS CURRENT LIABILITIES 152,184 157,007
Creditors: Amounts Falling Due After More Than One Year 7 (147,807 ) (154,246 )
NET ASSETS 4,377 2,761
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 4,374 2,758
SHAREHOLDERS' FUNDS 4,377 2,761
For the year ending 31 May 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 Sivamyooran Srikanth
Director
8 August 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
VICTORY PROPERTIES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11356816 . The registered office is 5 Deighton Grove, Coventry, CV3 3JH.
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 represents rental income received during the period.
2.3. Investment Properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.4. Taxation
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.


3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 1 (2024: 1)
1 1
4. Investments
Listed
£
Cost or Valuation
As at 1 June 2024 160,659
As at 31 May 2025 160,659
Provision
As at 1 June 2024 -
As at 31 May 2025 -
Net Book Value
As at 31 May 2025 160,659
As at 1 June 2024 160,659
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Due after more than one year
Other debtors ( M & T Management Ltd > 1 year) 14,180 18,115
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 899 901
Corporation tax 637 258
Accruals and deferred income 500 500
Director's loan account 22,751 22,848
24,787 24,507
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 116,250 116,250
Loan 2 (Long term liabilities - creditors > 1 year) 31,557 37,996
147,807 154,246
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
Page 3