Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 11963409 Mr Jacob Murphy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11963409 2024-04-30 11963409 2025-04-30 11963409 2024-05-01 2025-04-30 11963409 frs-core:CurrentFinancialInstruments 2025-04-30 11963409 frs-core:ShareCapital 2025-04-30 11963409 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 11963409 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11963409 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 11963409 frs-bus:SmallEntities 2024-05-01 2025-04-30 11963409 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11963409 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 11963409 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 11963409 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-04-30 11963409 frs-bus:Director1 2024-05-01 2025-04-30 11963409 frs-countries:EnglandWales 2024-05-01 2025-04-30 11963409 2023-04-30 11963409 2024-04-30 11963409 2023-05-01 2024-04-30 11963409 frs-core:CurrentFinancialInstruments 2024-04-30 11963409 frs-core:ShareCapital 2024-04-30 11963409 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11963409 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30
Registered number: 11963409
JM7 Property Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Steve Pye & Co.
Chartered Certified Accountants
3 North Lynn Bus. Village
Bergen Way, North Lynn Industrial Estate
King's Lynn
Norfolk
PE30 2JG
JM7 Property Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
JM7 Property Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 11963409

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 653,269 |  | 248,000
|  |  | 653,269 |  | 248,000
CURRENT ASSETS
Debtors | 5 | 35,036 |  | 4,542 |
Cash at bank and in hand |  | 4,098 |  | 53,756 |
|  | 39,134 |  | 58,298 |
Creditors: Amounts Falling Due Within One Year | 6 | (609,952 ) |  | (225,273 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (570,818 ) |  | (166,975 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 82,451 |  | 81,025
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (6,650 ) |  | (9,120 )
NET ASSETS |  |  | 75,801 |  | 71,905
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Fair value reserve | 8 |  | 28,350 |  | 38,880
Profit and Loss Account |  |  | 47,351 |  | 32,925
SHAREHOLDERS' FUNDS |  |  | 75,801 |  | 71,905

Page 1
Page 2
JM7 Property Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 2025 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 Jacob Murphy Director
22 August 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
JM7 Property Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
JM7 Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11963409 . The registered office is Border House Border Lane, Fordham, Downham Market, PE38 0LW. The presentation currency of the financial statements is the Pound Sterling (£).
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. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.
2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Investment Properties
All investment properties are carried at fair value. The fair value of property under construction is deemed equal to its cost. All other fair values are 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.
2.5. Financial Instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.
a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.
b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.
d) Trade and other creditors
...CONTINUED
Page 3
Page 4
JM7 Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.5. Financial Instruments - continued
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. 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.
3. Average Number of Employees
Average number of employees during the year was: 1 (2024: NIL)
1 -
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 May 2024 | 248,000
Additions | 418,269
Fair value adjustments | (13,000 )
As at 30 April 2025 | 653,269

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 4,500
Other debtors | 35,036 |  | 42
| 35,036 |  | 4,542

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 606,605 |  | 223,531
Taxation and social security | 3,347 |  | 1,742
| 609,952 |  | 225,273

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 4
Page 5
JM7 Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
8. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 May 2024 | 38,880
Movements in fair value reserve | (10,530)
As at 30 April 2025 | 28,350

Page 5