Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 01498849 Mr Scott Franklin Mr William Moss Mr William Moss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01498849 2024-01-31 01498849 2025-01-31 01498849 2024-02-01 2025-01-31 01498849 frs-core:CurrentFinancialInstruments 2025-01-31 01498849 frs-core:Non-currentFinancialInstruments 2025-01-31 01498849 frs-core:PlantMachinery 2025-01-31 01498849 frs-core:PlantMachinery 2024-02-01 2025-01-31 01498849 frs-core:PlantMachinery 2024-01-31 01498849 frs-core:RevaluationReserve 2024-02-01 2025-01-31 01498849 frs-core:RevaluationReserve 2024-01-31 01498849 frs-core:RevaluationReserve 2025-01-31 01498849 frs-core:ShareCapital 2025-01-31 01498849 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 01498849 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 01498849 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 01498849 frs-bus:SmallEntities 2024-02-01 2025-01-31 01498849 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 01498849 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 01498849 frs-core:CostValuation 2024-01-31 01498849 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-01-31 01498849 frs-core:CostValuation 2025-01-31 01498849 frs-core:ProvisionsForImpairmentInvestments 2024-01-31 01498849 frs-core:ProvisionsForImpairmentInvestments 2025-01-31 01498849 frs-bus:Director1 2024-02-01 2025-01-31 01498849 frs-bus:Director2 2024-02-01 2025-01-31 01498849 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 01498849 frs-countries:EnglandWales 2024-02-01 2025-01-31 01498849 2023-01-31 01498849 2024-01-31 01498849 2023-02-01 2024-01-31 01498849 frs-core:CurrentFinancialInstruments 2024-01-31 01498849 frs-core:Non-currentFinancialInstruments 2024-01-31 01498849 frs-core:RevaluationReserve 2024-01-31 01498849 frs-core:ShareCapital 2024-01-31 01498849 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 01498849
Partnerly Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Partnerly Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Partnerly Limited
Balance Sheet
As At 31 January 2025
Balance Sheet
Registered number: 01498849

| 2025 | 2024 as restated
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,769 |  | 2,081
Property Investment | 5 |  | 3,295,000 |  | 3,600,000
|  |  | 3,296,769 |  | 3,602,081
CURRENT ASSETS
Debtors | 6 | 4,270,009 |  | 2,916,182 |
Cash at bank and in hand |  | 25,709 |  | 20,839 |
|  | 4,295,718 |  | 2,937,021 |
Creditors: Amounts Falling Due Within One Year | 7 | (447,247 ) |  | (421,191 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,848,471 |  | 2,515,830
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,145,240 |  | 6,117,911
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,470,142 ) |  | (289,659 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (491,284 ) |  | (589,829 )
NET ASSETS |  |  | 5,183,814 |  | 5,238,423
CAPITAL AND RESERVES
Called up share capital |  |  | 300 |  | 300
Revaluation reserve | 9 |  | 2,679,109 |  | 2,984,109
Profit and Loss Account |  |  | 2,504,405 |  | 2,254,014
SHAREHOLDERS' FUNDS |  |  | 5,183,814 |  | 5,238,423

Page 1
Page 2
Partnerly Limited
Balance Sheet (continued)
As At 31 January 2025
For the year ending 31 January 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 William Moss Director
2 September 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Partnerly Limited
Notes to the Financial Statements
For The Year Ended 31 January 2025
Notes to the Financial Statements
1. General Information
Partnerly Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 01498849 . The registered office is Suite 20, 41-43 Belsize Avenue, London, NW3 4BN.
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, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery | 15% reducing balance

2.4. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment.
2.6. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.
...CONTINUED
Page 3
Page 4
Partnerly Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
2.6. Taxation - continued
Deferred tax
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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2024: 2)
2 2
4. Tangible Assets

| Plant and machinery
--- | ---
| £
Cost
As at 1 February 2024 | 70,795
As at 31 January 2025 | 70,795
Depreciation
As at 1 February 2024 | 68,714
Provided during the period | 312
As at 31 January 2025 | 69,026
Net Book Value
As at 31 January 2025 | 1,769
As at 1 February 2024 | 2,081

Page 4
Page 5
Partnerly Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
5. Property Investment

| Other
--- | ---
| £
Cost
As at 1 February 2024 | 3,600,000
Revaluations | (305,000 )
As at 31 January 2025 | 3,295,000
Provision
As at 1 February 2024 | -
As at 31 January 2025 | -
Net Book Value
As at 31 January 2025 | 3,295,000
As at 1 February 2024 | 3,600,000

As at 16th February 2024 the property was valued at £3,295,000 as completed by Kemsley LLP.
6. Debtors

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 14,915
Other debtors | 4,270,009 |  | 2,901,267
| 4,270,009 |  | 2,916,182

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 19,215 |  | 10,239
Other creditors | 378,282 |  | 377,566
Taxation and social security | 49,750 |  | 33,386
| 447,247 |  | 421,191

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,470,142 |  | 289,659

Page 5
Page 6
Partnerly Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
9. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 February 2024 | 2,984,109
Surplus on revaluation | (305,000 )
As at 31 January 2025 | 2,679,109

10. Related Party Transactions
The amount due from the related parties at the year end was £4,270,009 (2024 : £2,901,614).
The amount due to the related parties at the year end was £368,953 (2024 : £368,953).
Page 6