Acorah Software Products - Accounts Production 16.4.675 false true true false 24 July 2024 31 July 2025 31 July 2025 15850920 Marcus Baker Kay Nicholls iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15850920 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2025-07-31 15850920 2024-07-23 15850920 2025-07-31 15850920 2024-07-24 2025-07-31 15850920 frs-core:CurrentFinancialInstruments 2025-07-31 15850920 frs-core:Non-currentFinancialInstruments 2025-07-31 15850920 frs-core:ShareCapital 2025-07-31 15850920 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 15850920 frs-bus:PrivateLimitedCompanyLtd 2024-07-24 2025-07-31 15850920 frs-bus:FilletedAccounts 2024-07-24 2025-07-31 15850920 frs-bus:SmallEntities 2024-07-24 2025-07-31 15850920 frs-bus:AuditExempt-NoAccountantsReport 2024-07-24 2025-07-31 15850920 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-24 2025-07-31 15850920 frs-bus:Director1 2024-07-24 2025-07-31 15850920 frs-bus:Director2 2024-07-24 2025-07-31 15850920 frs-countries:EnglandWales 2024-07-24 2025-07-31
Registered number: 15850920
Rushfield Property Ltd
Unaudited Financial Statements
For the Period 24 July 2024 to 31 July 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15850920
31 July 2025
Notes £ £
FIXED ASSETS
Investment Properties 4 100,000
100,000
CURRENT ASSETS
Debtors 5 100
Cash at bank and in hand 2,306
2,406
Creditors: Amounts Falling Due Within One Year 6 (13,100 )
NET CURRENT ASSETS (LIABILITIES) (10,694 )
TOTAL ASSETS LESS CURRENT LIABILITIES 89,306
Creditors: Amounts Falling Due After More Than One Year 7 (79,950 )
NET ASSETS 9,356
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 9,256
SHAREHOLDERS' FUNDS 9,356
For the period ending 31 July 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
Marcus Baker
Director
12/08/2025
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
Rushfield Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15850920 . The registered office is 128 City Road, London, EC1V 2NX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
The preparation of accounts requires the directors to make judgments, estimates and assumptions that affect the application of accounting policies and reported amounts of assets, liabilities, revenues and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected.
Significant areas requiring the use of estimates include the carrying value of the investment property, details are set out in the relevant notes.
2.4. Turnover
The company's turnover is derived from rental income receivable from tenants which is recognised when the company becomes entitled to the rent.
2.5. 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.
2.6. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans that are classified as debt, are initially recognised at transaction price 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.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. 
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 2
Page 3
4. Investment Property
31 July 2025
£
Fair Value
As at 24 July 2024 -
Additions 90,040
Revaluations 9,960
As at 31 July 2025 100,000
If the investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 July 2025
£
Cost 90,040
The investment property is stated at revaluation amount as derived from third party valuation reports prepared in 2024 and 2025.
There is a charge registered on the property in favour of a bank.
5. Debtors
31 July 2025
£
Due within one year
Other debtors 100
6. Creditors: Amounts Falling Due Within One Year
31 July 2025
£
Other creditors 13,100
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2025
£
Bank loans 79,950
Of the creditors falling due after more than one year the following amounts are due after more than five years.
31 July 2025
£
Bank loans 79,950
8. Share Capital
31 July 2025
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
Page 3