Acorah Software Products - Accounts Production 16.5.460 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12724753 Mr M Hope Mr L Hope iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12724753 2024-07-31 12724753 2025-07-31 12724753 2024-08-01 2025-07-31 12724753 frs-core:CurrentFinancialInstruments 2025-07-31 12724753 frs-core:Non-currentFinancialInstruments 2025-07-31 12724753 frs-core:ShareCapital 2025-07-31 12724753 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12724753 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12724753 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12724753 frs-bus:SmallEntities 2024-08-01 2025-07-31 12724753 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12724753 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12724753 frs-bus:Director1 2024-08-01 2025-07-31 12724753 frs-bus:Director1 2024-07-31 12724753 frs-bus:Director1 2025-07-31 12724753 frs-bus:Director2 2024-08-01 2025-07-31 12724753 frs-countries:EnglandWales 2024-08-01 2025-07-31 12724753 2023-07-31 12724753 2024-07-31 12724753 2023-08-01 2024-07-31 12724753 frs-core:CurrentFinancialInstruments 2024-07-31 12724753 frs-core:Non-currentFinancialInstruments 2024-07-31 12724753 frs-core:ShareCapital 2024-07-31 12724753 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12724753
Hope Key Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Hope Key Limited
Contents
Contents

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

Page 1
Hope Key Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 12724753

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 225,000 |  | 225,000
|  |  | 225,000 |  | 225,000
CURRENT ASSETS
Debtors | 5 | 5,129 |  | 1,158 |
Cash at bank and in hand |  | 5,822 |  | 11,700 |
|  | 10,951 |  | 12,858 |
Creditors: Amounts Falling Due Within One Year | 6 | (29,902 ) |  | (31,941 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (18,951 ) |  | (19,083 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 206,049 |  | 205,917
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (156,893 ) |  | (156,741 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (12,349 ) |  | (12,354 )
NET ASSETS |  |  | 36,807 |  | 36,822
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 36,707 |  | 36,722
SHAREHOLDERS' FUNDS |  |  | 36,807 |  | 36,822

Page 1
Page 2
Hope Key Limited
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 M Hope Director
17/09/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Hope Key Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Hope Key Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12724753 . The registered office is Dean House, 94 Whiteladies Road, C/O Gordon Wood Scott & Partners Limited, Bristol, BS8 2QX.
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. 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.
2.3. Turnover
Turnover, stated net of value added tax, represents rental income due to the company for the accounting period.
2.4. Investment Properties
Investment properties are measured at fair value. Gains and deficits arising from changes in fair value rare included in the Income Statememt in the period in which they occur. Deferred tax is recognised on these movements.
2.5. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Short term debtors are measured at transaction price less any impairment.
Short term creditors are measured at transaction price.
Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest method, with interest expense recognised on an effective yield basis.
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.
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
Hope Key Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
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 August 2024 and 31 July 2025 | 225,000

Investment properties were revalued by the directors on the basis of open market value in existing use at 31st July 2025.
The historical cost of the investment propery is £161,055 (£161,055 : 2024)
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 1,206 |  | 1,158
Directors' loan accounts | 3,923 |  | -
| 5,129 |  | 1,158

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,516 |  | 1,106
Accruals and deferred income | 14,287 |  | 2,637
Directors' loan accounts | 14,099 |  | 28,198
| 29,902 |  | 31,941

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 156,893 |  | 156,741

8. Secured Creditors
Of the creditors the following amounts are secured by fixed and floating charges over the company's assets together with personal guarantees from the directors.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 156,893 |  | 156,741

9. Share Capital

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

Page 4
Page 5
Hope Key Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 August 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 July 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Maxwell Hope | (14,099 ) | 18,022 | - | - | 3,923

The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
One director has loaned £14,099 (2024 : £14,099) to the company. The loan is interest free and repayable on demand.
Another director owes the company £3,923 (2024 : £14,099 loaned to company). No interest was charged during the year. The loan is repayable on demand.
Page 5