Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11279349 Mr S Craddock Miss L Craddock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11279349 2024-03-31 11279349 2025-03-31 11279349 2024-04-01 2025-03-31 11279349 frs-core:Non-currentFinancialInstruments 2025-03-31 11279349 frs-core:RevaluationReserve 2024-04-01 2025-03-31 11279349 frs-core:RevaluationReserve 2024-03-31 11279349 frs-core:RevaluationReserve 2025-03-31 11279349 frs-core:ShareCapital 2025-03-31 11279349 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11279349 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11279349 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 11279349 frs-bus:SmallEntities 2024-04-01 2025-03-31 11279349 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11279349 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11279349 frs-bus:Director1 2024-04-01 2025-03-31 11279349 frs-bus:Director2 2024-04-01 2025-03-31 11279349 frs-countries:EnglandWales 2024-04-01 2025-03-31 11279349 2023-03-31 11279349 2024-03-31 11279349 2023-04-01 2024-03-31 11279349 frs-core:Non-currentFinancialInstruments 2024-03-31 11279349 frs-core:RevaluationReserve 2024-03-31 11279349 frs-core:ShareCapital 2024-03-31 11279349 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11279349
Baltic LS Enterprise Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Shelvoke, Pickering, Janney LLP
Chartered Certified Accountants
57 - 61 Market Place
Cannock
Staffordshire
WS11 1BP
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 11279349
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,699,378 1,310,000
1,699,378 1,310,000
CURRENT ASSETS
Debtors 664 -
Cash at bank and in hand 83,958 5,690
84,622 5,690
Creditors: Amounts Falling Due Within One Year (6,444 ) (2,699 )
NET CURRENT ASSETS (LIABILITIES) 78,178 2,991
TOTAL ASSETS LESS CURRENT LIABILITIES 1,777,556 1,312,991
Creditors: Amounts Falling Due After More Than One Year (1,476,646 ) (1,078,069 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (107,055 ) (79,262 )
NET ASSETS 193,855 155,660
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 321,165 237,786
Profit and Loss Account (127,410 ) (82,226 )
SHAREHOLDERS' FUNDS 193,855 155,660
Page 1
Page 2
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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr S Craddock
Director
2 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Baltic LS Enterprise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11279349 . The registered office is 81 Cannock Road, Heath Hayes, Cannock, Staffordshire, WS12 3HQ.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Support for the company's borrowing has been received from the banks and the directors loan account is not repayable in the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the rental consideration received or receivable, net of discounts and value added 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 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.
Page 3
Page 4
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 1,310,000
Additions 278,206
Revaluations 111,172
As at 31 March 2025 1,699,378
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 1,271,158 992,952
The properties were revalued by the directors at 31 March 2025.
Fixed and floating charges are secured on these assets.
5. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 1,080,159 782,923
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
7. Reserves
Revaluation Reserve
£
As at 1 April 2024 237,786
Net investment property revaluation reserve 111,172
Transfer to profit and loss (27,793 )
As at 31 March 2025 321,165
Page 5