Acorah Software Products - Accounts Production 16.3.350 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 13348028 Mr Steven Veale Mrs Lisa Veale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13348028 2024-04-30 13348028 2025-04-30 13348028 2024-05-01 2025-04-30 13348028 frs-core:CurrentFinancialInstruments 2025-04-30 13348028 frs-core:Non-currentFinancialInstruments 2025-04-30 13348028 frs-core:FurnitureFittings 2025-04-30 13348028 frs-core:FurnitureFittings 2024-05-01 2025-04-30 13348028 frs-core:FurnitureFittings 2024-04-30 13348028 frs-core:InvestmentPropertyIncludedWithinPPE 2025-04-30 13348028 frs-core:InvestmentPropertyIncludedWithinPPE 2024-05-01 2025-04-30 13348028 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 13348028 frs-core:ShareCapital 2025-04-30 13348028 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 13348028 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13348028 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 13348028 frs-bus:SmallEntities 2024-05-01 2025-04-30 13348028 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 13348028 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 13348028 frs-bus:Director1 2024-05-01 2025-04-30 13348028 frs-bus:Director2 2024-05-01 2025-04-30 13348028 frs-countries:EnglandWales 2024-05-01 2025-04-30 13348028 2023-04-30 13348028 2024-04-30 13348028 2023-05-01 2024-04-30 13348028 frs-core:CurrentFinancialInstruments 2024-04-30 13348028 frs-core:Non-currentFinancialInstruments 2024-04-30 13348028 frs-core:ShareCapital 2024-04-30 13348028 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 13348028
Veale Property Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13348028
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 100,101 115,135
100,101 115,135
CURRENT ASSETS
Cash at bank and in hand 1,803 1,284
1,803 1,284
Creditors: Amounts Falling Due Within One Year 5 (34,343 ) (33,706 )
NET CURRENT ASSETS (LIABILITIES) (32,540 ) (32,422 )
TOTAL ASSETS LESS CURRENT LIABILITIES 67,561 82,713
Creditors: Amounts Falling Due After More Than One Year 6 (67,500 ) (67,500 )
NET ASSETS 61 15,213
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 59 15,211
SHAREHOLDERS' FUNDS 61 15,213
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 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 Steven Veale
Director
1 September 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Veale Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13348028 . The registered office is 38 Bretonside, Plymouth, PL4 0AU.
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. 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:
Fixtures & Fittings 25% Reducing Balance
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: 2 (2024: 2)
2 2
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2024 115,000 320 115,320
Additions (15,000 ) - (15,000 )
As at 30 April 2025 100,000 320 100,320
Depreciation
As at 1 May 2024 - 185 185
Provided during the period - 34 34
As at 30 April 2025 - 219 219
Net Book Value
As at 30 April 2025 100,000 101 100,101
As at 1 May 2024 115,000 135 115,135
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 175 163
Directors' loan accounts 34,168 33,543
34,343 33,706
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 67,500 67,500
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Fair Value of Investment Property
Investment Property is held at fair value as determined by an independent valuation obtained by the Director. 
There are no restrictions to the realisability of the investment property or the remittance of income and proceeds of disposal. The company is obliged to carry out repairs and maintenance on the property.
Carrying value at 30 April 2024: £115,000
Carrying value at 30 April 2025: £100,000
Page 3