Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11081240 Mr Joe Daniels Mr Glyn Daniels iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11081240 2024-03-31 11081240 2025-03-31 11081240 2024-04-01 2025-03-31 11081240 frs-core:CurrentFinancialInstruments 2025-03-31 11081240 frs-core:Non-currentFinancialInstruments 2025-03-31 11081240 frs-core:RevaluationReserve 2024-04-01 2025-03-31 11081240 frs-core:RevaluationReserve 2024-03-31 11081240 frs-core:RevaluationReserve 2025-03-31 11081240 frs-core:ShareCapital 2025-03-31 11081240 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11081240 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11081240 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11081240 frs-bus:SmallEntities 2024-04-01 2025-03-31 11081240 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11081240 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11081240 frs-bus:Director1 2024-04-01 2025-03-31 11081240 frs-bus:Director2 2024-04-01 2025-03-31 11081240 frs-countries:EnglandWales 2024-04-01 2025-03-31 11081240 2023-03-31 11081240 2024-03-31 11081240 2023-04-01 2024-03-31 11081240 frs-core:CurrentFinancialInstruments 2024-03-31 11081240 frs-core:Non-currentFinancialInstruments 2024-03-31 11081240 frs-core:RevaluationReserve 2024-03-31 11081240 frs-core:ShareCapital 2024-03-31 11081240 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11081240
D2 Properties (Yorkshire) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Enterprise Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11081240
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,718,102 1,729,000
1,718,102 1,729,000
CURRENT ASSETS
Debtors 5 5,301 34,012
Cash at bank and in hand 54 7
5,355 34,019
Creditors: Amounts Falling Due Within One Year 6 (60,814 ) (86,024 )
NET CURRENT ASSETS (LIABILITIES) (55,459 ) (52,005 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,662,643 1,676,995
Creditors: Amounts Falling Due After More Than One Year 7 (1,504,991 ) (1,487,313 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (67,406 ) (66,266 )
NET ASSETS 90,246 123,416
CAPITAL AND RESERVES
Called up share capital 8 275,350 275,350
Revaluation reserve 9 262,361 257,501
Profit and Loss Account (447,465 ) (409,435 )
SHAREHOLDERS' FUNDS 90,246 123,416
Page 1
Page 2
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 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
Mr Joe Daniels
Director
13/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
D2 Properties (Yorkshire) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11081240 . The registered office is Unit 1, The Old Police Station Shrewsbury Road, Bircotes, Doncaster, DN11 8DE.
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 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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 1,729,000
Disposals (16,898 )
Revaluations 6,000
As at 31 March 2025 1,718,102
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests - 1,146
Other debtors 5,301 32,866
5,301 34,012
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 3,487 11,258
Amounts owed to participating interests 45,346 58,562
Other creditors 11,981 16,204
60,814 86,024
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,504,991 1,487,313
The bank loans are secured by a first legal charges over the freehold assets of the company.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 275,350 275,350
9. Reserves
Revaluation Reserve
£
As at 1 April 2024 257,501
Surplus on revaluation 4,860
As at 31 March 2025 262,361
Page 4