Acorah Software Products - Accounts Production 16.5.460 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 14121249 Miss Jessica Plumbley Mr Barry Plumbley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14121249 2024-05-31 14121249 2025-05-31 14121249 2024-06-01 2025-05-31 14121249 frs-core:CurrentFinancialInstruments 2025-05-31 14121249 frs-core:Non-currentFinancialInstruments 2025-05-31 14121249 frs-core:ShareCapital 2025-05-31 14121249 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 14121249 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14121249 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 14121249 frs-bus:SmallEntities 2024-06-01 2025-05-31 14121249 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14121249 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14121249 frs-bus:Director1 2024-06-01 2025-05-31 14121249 frs-bus:Director2 2024-06-01 2025-05-31 14121249 frs-countries:EnglandWales 2024-06-01 2025-05-31 14121249 2023-05-31 14121249 2024-05-31 14121249 2023-06-01 2024-05-31 14121249 frs-core:CurrentFinancialInstruments 2024-05-31 14121249 frs-core:Non-currentFinancialInstruments 2024-05-31 14121249 frs-core:ShareCapital 2024-05-31 14121249 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 14121249
Plum Property Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
E. H. Taylors
203 London Road
Hadleigh
Benfleet
Essex
SS7 2RD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14121249
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 192,300 192,300
192,300 192,300
CURRENT ASSETS
Cash at bank and in hand 4,967 3,153
4,967 3,153
Creditors: Amounts Falling Due Within One Year 5 (60,828 ) (60,776 )
NET CURRENT ASSETS (LIABILITIES) (55,861 ) (57,623 )
TOTAL ASSETS LESS CURRENT LIABILITIES 136,439 134,677
Creditors: Amounts Falling Due After More Than One Year 6 (141,575 ) (141,575 )
NET LIABILITIES (5,136 ) (6,898 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (5,236 ) (6,998 )
SHAREHOLDERS' FUNDS (5,136) (6,898)
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For the year ending 31 May 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 Barry Plumbley
Director
26th 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
Plum Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14121249 . The registered office is 203 London Road, Hadleigh , Benfleet , Essex , SS7 2RD.
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. Going Concern Disclosure
The directors have considered the financial position of the company, including its net liabilities, and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover comprises rental income from investment properties and is recognised in the profit and loss account on a straight-line basis over the period of the lease term, in accordance with the substance of the relevant lease agreements.
Where lease incentives are provided to tenants, such incentives are recognised as a reduction of rental income on a straight-line basis over the lease term, or such other systematic basis as is more representative of the time pattern over which the benefit of the leased asset is diminished.
Turnover is measured at the fair value of the consideration received or receivable, excluding VAT and other sales-related taxes.
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.
2.5. 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 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Investment Property
2025
£
Fair Value
As at 1 June 2024 and 31 May 2025 192,300
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 928 876
Directors' loan accounts 59,900 59,900
60,828 60,776
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 141,575 141,575
There is a mortgage charge to the benefit of Paragon Bank PLC created on 14/11/2022 secured on 11 Ann Street, Ipswich, IP1 3PD.
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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