Acorah Software Products - Accounts Production 16.4.675 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12836491 Mr Josh Arora iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12836491 2023-08-31 12836491 2024-08-31 12836491 2023-09-01 2024-08-31 12836491 frs-core:CurrentFinancialInstruments 2024-08-31 12836491 frs-core:Non-currentFinancialInstruments 2024-08-31 12836491 frs-core:RevaluationReserve 2023-09-01 2024-08-31 12836491 frs-core:RevaluationReserve 2024-08-31 12836491 frs-core:ShareCapital 2024-08-31 12836491 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12836491 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12836491 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12836491 frs-bus:SmallEntities 2023-09-01 2024-08-31 12836491 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12836491 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12836491 frs-bus:Director1 2023-09-01 2024-08-31 12836491 frs-countries:EnglandWales 2023-09-01 2024-08-31 12836491 2022-08-31 12836491 2023-08-31 12836491 2022-09-01 2023-08-31 12836491 frs-core:CurrentFinancialInstruments 2023-08-31 12836491 frs-core:Non-currentFinancialInstruments 2023-08-31 12836491 frs-core:RevaluationReserve 2023-08-31 12836491 frs-core:ShareCapital 2023-08-31 12836491 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12836491
Sloane Realty Limited
Financial Statements
For The Year Ended 31 August 2024
SAWHNEY CONSULTING
Harrow Business Centre
429 - 433 Pinner Road
North Harrow
HA1 4HN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12836491
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 4,250,000 2,319,202
4,250,000 2,319,202
CURRENT ASSETS
Debtors 5 1,354,108 1,332,028
Cash at bank and in hand 16,438 28,637
1,370,546 1,360,665
Creditors: Amounts Falling Due Within One Year 6 (2,577,760 ) (2,387,872 )
NET CURRENT ASSETS (LIABILITIES) (1,207,214 ) (1,027,207 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,042,786 1,291,995
Creditors: Amounts Falling Due After More Than One Year 7 (1,376,197 ) (1,365,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (463,764 ) -
NET ASSETS/(LIABILITIES) 1,202,825 (73,005 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 1,391,292 -
Profit and Loss Account (188,468 ) (73,006 )
SHAREHOLDERS' FUNDS 1,202,825 (73,005)
Page 1
Page 2
For the year ending 31 August 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 Josh Arora
Director
27 August 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
Sloane Realty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12836491 . The registered office is Ground Floor, 5, Canberra Road, London, England, W13 9BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2.2. Going Concern Disclosure
The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. The company has loans due to group undertakings which are interest free loans and will not be recalled and the company will continue to receive financial assistance until such time the company can financially sustain itself. 
2.3. Turnover
Turnover is measured at the fair value of the consideration for rent receivable, net of discountsnce and VAT.
2.4. 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: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 September 2023 2,319,202
Additions 75,742
Revaluations 1,855,056
As at 31 August 2024 4,250,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4 -
Other debtors 1,354,104 1,332,028
1,354,108 1,332,028
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,883 9,162
Other creditors 2,562,877 2,374,077
Taxation and social security - 4,633
2,577,760 2,387,872
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,376,197 1,365,000
Bank loans is secured by first legal charge over investment property held by the company.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Revaluation Reserve
£
Revaluation reserves 1,391,292
As at 31 August 2024 1,391,292
10. Other information
SLOANE REALTY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor, 5
Canberra Road
London
England
W13 9BF
Page 4