Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC524683 Mr Jacob Murray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC524683 2024-03-31 SC524683 2025-03-31 SC524683 2024-04-01 2025-03-31 SC524683 frs-core:CurrentFinancialInstruments 2025-03-31 SC524683 frs-core:Non-currentFinancialInstruments 2025-03-31 SC524683 frs-core:PlantMachinery 2025-03-31 SC524683 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC524683 frs-core:PlantMachinery 2024-03-31 SC524683 frs-core:RevaluationReserve 2024-03-31 SC524683 frs-core:RevaluationReserve 2025-03-31 SC524683 frs-core:ShareCapital 2025-03-31 SC524683 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC524683 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC524683 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC524683 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC524683 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC524683 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC524683 frs-bus:Director1 2024-04-01 2025-03-31 SC524683 frs-countries:Scotland 2024-04-01 2025-03-31 SC524683 2023-03-31 SC524683 2024-03-31 SC524683 2023-04-01 2024-03-31 SC524683 frs-core:CurrentFinancialInstruments 2024-03-31 SC524683 frs-core:Non-currentFinancialInstruments 2024-03-31 SC524683 frs-core:RevaluationReserve 2024-03-31 SC524683 frs-core:ShareCapital 2024-03-31 SC524683 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC524683
Yournest Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Yournest Limited
Contents
Contents

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

Page 1
Yournest Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: SC524683

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 2,798
Investment Properties | 5 |  | 491,602 |  | 491,602
|  |  | 491,602 |  | 494,400
CURRENT ASSETS
Debtors | 6 | 3,183 |  | 3,826 |
Cash at bank and in hand |  | 6,497 |  | 16,035 |
|  | 9,680 |  | 19,861 |
Creditors: Amounts Falling Due Within One Year | 7 | (249,198 ) |  | (134,770 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (239,518 ) |  | (114,909 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 252,084 |  | 379,491
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (24,595 ) |  | (180,584 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (5,794 ) |  | (6,494 )
NET ASSETS |  |  | 221,695 |  | 192,413
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Revaluation reserve | 10 |  | 23,174 |  | 23,174
Profit and Loss Account |  |  | 198,519 |  | 169,237
SHAREHOLDERS' FUNDS |  |  | 221,695 |  | 192,413

Page 1
Page 2
Yournest Limited
Balance Sheet (continued)
As At 31 March 2025
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 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 Murray Director
04/09/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Yournest Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Yournest Limited is a private company, limited by shares, incorporated in Scotland, registered number SC524683 . The registered office is Hartfield House, 1 Racecourse View, Ayr, KA7 2TS.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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 property rental during the year. Revenue is recognised at the point in
time where services are provided.
2.4. 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 & Machinery | 25% Reducing Balance

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 instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realize the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized.
Classification of financial liabilities
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
...CONTINUED
Page 3
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Yournest Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Financial Instruments - continued
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares 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 payment ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.7. 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.
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 assets reflect 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost
As at 1 April 2024 | 17,243
Disposals | (17,243 )
As at 31 March 2025 | -
Depreciation
As at 1 April 2024 | 14,445
Provided during the period | 699
Disposals | (15,144 )
As at 31 March 2025 | -

...CONTINUED
Page 4
Page 5
Yournest Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | 2,798

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 and 31 March 2025 | 491,602

Investment property comprises a portfolio of residential lettings. The fair value of the investment property has been arrived at on the basis of a valuation carried out by DM Hall Chartered Surveyors on 1 November 2019, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The director is satisfied that this remains an accurate representation of value.
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 3,183 |  | 3,826

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 843 |  | 354
Bank loans and overdrafts | 6,022 |  | 12,796
Other creditors | 232,039 |  | 108,144
Taxation and social security | 10,294 |  | 13,476
| 249,198 |  | 134,770

Bank borrowing of £nil (2024 - £7,301) is secured over certain of the company's investment properties, supported by a floating charge over the whole of the company's assets.
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 24,595 |  | 180,584

Bank borrowing of £nil (2024 - £149,441) is secured over certain of the company's investment properties, supported by a floating charge over the whole of the company's assets.
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 5
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Yournest Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
10. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 April 2024 | 23,174
As at 31 March 2025 | 23,174

11. Related Party Transactions
Included within "Other creditors" is £230,053 (2024 - £106,945) due to a company related by virtue of common control. This amount is repayable on demand and does not bear interest.
Page 6