Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 10458673 Mr Andrew Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10458673 2023-11-30 10458673 2024-11-30 10458673 2023-12-01 2024-11-30 10458673 frs-core:CurrentFinancialInstruments 2024-11-30 10458673 frs-core:Non-currentFinancialInstruments 2024-11-30 10458673 frs-core:ShareCapital 2024-11-30 10458673 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10458673 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10458673 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 10458673 frs-bus:SmallEntities 2023-12-01 2024-11-30 10458673 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10458673 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10458673 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-01 2024-11-30 10458673 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30 10458673 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 10458673 frs-bus:Director1 2023-12-01 2024-11-30 10458673 frs-bus:Director1 2023-11-30 10458673 frs-bus:Director1 2024-11-30 10458673 frs-countries:EnglandWales 2023-12-01 2024-11-30 10458673 2022-11-30 10458673 2023-11-30 10458673 2022-12-01 2023-11-30 10458673 frs-core:CurrentFinancialInstruments 2023-11-30 10458673 frs-core:Non-currentFinancialInstruments 2023-11-30 10458673 frs-core:ShareCapital 2023-11-30 10458673 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10458673 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30
Registered number: 10458673
Greywood Investments Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10458673
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,430,000 2,010,000
2,430,000 2,010,000
CURRENT ASSETS
Debtors 5 330,954 360,515
Cash at bank and in hand 27,705 12,513
358,659 373,028
Creditors: Amounts Falling Due Within One Year 6 (34,119 ) (21,337 )
NET CURRENT ASSETS (LIABILITIES) 324,540 351,691
TOTAL ASSETS LESS CURRENT LIABILITIES 2,754,540 2,361,691
Creditors: Amounts Falling Due After More Than One Year 7 (1,488,494 ) (1,353,749 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (227,287 ) (178,314 )
NET ASSETS 1,038,759 829,628
CAPITAL AND RESERVES
Called up share capital 8 117,056 117,056
Fair value reserve 10 681,862 534,942
Profit and Loss Account 239,841 177,630
SHAREHOLDERS' FUNDS 1,038,759 829,628
Page 1
Page 2
For the year ending 30 November 2024 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 Andrew Wood
Director
11/08/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Greywood Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10458673 . The registered office is Office 2, Unit 9, Gratton Place, Skelmersdale, WN8 9UE.
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. 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.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Investment Property
2024
£
Fair Value
As at 1 December 2023 2,010,000
Additions 224,107
Revaluations 195,893
As at 30 November 2024 2,430,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,520,850 1,300,793
The fair value of the properties has been arrived at by the director of the company on 30 November 2024 on a market value basis.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,480 3,330
Amounts owed by participating interests 203,276 202,020
Other debtors 123,198 155,165
330,954 360,515
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 512 8,592
Bank loans and overdrafts 11,639 -
Other creditors 1,000 2,070
Taxation and social security 20,968 10,675
34,119 21,337
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 147,745 -
Amounts owed to participating interests 1,340,749 1,353,749
1,488,494 1,353,749
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 117,056 117,056
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Andrew Wood 1,070 (1,487 ) - - (417 )
The above loan is unsecured, interest free and repayable on demand and was repaid within 9 months of the year end.
10. Reserves
Fair Value Reserve
£
As at 1 December 2023 534,942
Transfer to profit and loss 146,920
As at 30 November 2024 681,862
11. Related Party Transactions
At the year end,  Greywood Investments Ltd owed UPS Investments Ltd £1,340,749 (2023: £1,353,749), no interest is payable on the loan.  Andrew Wood, Director is also the Director and Shareholder in UPS Investments Ltd.
At the year end, AJW Investments Ltd owed Greywood Investments Ltd £203,276 (2023: £202,000), no interest is payable on the loan.  Andrew Wood Director is also the Director and Shareholder in AJW Investments Ltd.
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