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 00331466 Mr M Symes Mr B Symes Mrs C Knoesen Mr M Symes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00331466 2024-03-31 00331466 2025-03-31 00331466 2024-04-01 2025-03-31 00331466 frs-core:CurrentFinancialInstruments 2025-03-31 00331466 frs-core:Non-currentFinancialInstruments 2025-03-31 00331466 frs-core:ComputerEquipment 2025-03-31 00331466 frs-core:ComputerEquipment 2024-04-01 2025-03-31 00331466 frs-core:ComputerEquipment 2024-03-31 00331466 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 00331466 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 00331466 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 00331466 frs-core:PlantMachinery 2025-03-31 00331466 frs-core:PlantMachinery 2024-04-01 2025-03-31 00331466 frs-core:PlantMachinery 2024-03-31 00331466 frs-core:CapitalRedemptionReserve 2025-03-31 00331466 frs-core:RevaluationReserve 2024-04-01 2025-03-31 00331466 frs-core:RevaluationReserve 2024-03-31 00331466 frs-core:RevaluationReserve 2025-03-31 00331466 frs-core:ShareCapital 2025-03-31 00331466 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00331466 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00331466 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 00331466 frs-bus:SmallEntities 2024-04-01 2025-03-31 00331466 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00331466 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00331466 frs-core:UnlistedNon-exchangeTraded 2025-03-31 00331466 frs-core:UnlistedNon-exchangeTraded 2024-03-31 00331466 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 00331466 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 00331466 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 00331466 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 00331466 frs-bus:Director1 2024-04-01 2025-03-31 00331466 frs-bus:Director2 2024-04-01 2025-03-31 00331466 frs-bus:Director3 2024-04-01 2025-03-31 00331466 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 00331466 frs-countries:EnglandWales 2024-04-01 2025-03-31 00331466 2023-03-31 00331466 2024-03-31 00331466 2023-04-01 2024-03-31 00331466 frs-core:CurrentFinancialInstruments 2024-03-31 00331466 frs-core:Non-currentFinancialInstruments 2024-03-31 00331466 frs-core:CapitalRedemptionReserve 2024-03-31 00331466 frs-core:RevaluationReserve 2024-03-31 00331466 frs-core:ShareCapital 2024-03-31 00331466 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 00331466
Averbrian Investments,Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00331466
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 12,105,777 10,034,493
Investments 4 800 800
12,106,577 10,035,293
CURRENT ASSETS
Debtors 5 258,280 217,401
Cash at bank and in hand 2,106,109 2,000,964
2,364,389 2,218,365
Creditors: Amounts Falling Due Within One Year 6 (402,567 ) (380,703 )
NET CURRENT ASSETS (LIABILITIES) 1,961,822 1,837,662
TOTAL ASSETS LESS CURRENT LIABILITIES 14,068,399 11,872,955
Creditors: Amounts Falling Due After More Than One Year 7 (95,564 ) (62,258 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,295,537 ) (886,646 )
NET ASSETS 12,677,298 10,924,051
CAPITAL AND RESERVES
Called up share capital 8 3,780 3,780
Revaluation reserve 9 4,436,963 2,801,400
Capital redemption reserve 20 20
Profit and Loss Account 8,236,535 8,118,851
SHAREHOLDERS' FUNDS 12,677,298 10,924,051
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.
On behalf of the board
Mr M Symes
Director
04/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 rental income wholly undertaken in the UK.
1.3. 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:
Plant & Machinery straight line over 3 years
Computer Equipment straight line over 3 years
1.4. 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.
1.5. 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.
1.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1.7. Investments
Investments in unlisted shares are included at historic cost.
1.8. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past
event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated
reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2024: 3)
3 3
Page 3
Page 4
3. Tangible Assets
Investment Properties Plant & Machinery Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 10,034,076 208 1,432 10,035,716
Additions 435,094 - 1,141 436,235
Disposals - - (300 ) (300 )
Revaluation 1,635,563 - - 1,635,563
As at 31 March 2025 12,104,733 208 2,273 12,107,214
Depreciation
As at 1 April 2024 - 36 1,187 1,223
Provided during the period - 69 278 347
Disposals - - (133 ) (133 )
As at 31 March 2025 - 105 1,332 1,437
Net Book Value
As at 31 March 2025 12,104,733 103 941 12,105,777
As at 1 April 2024 10,034,076 172 245 10,034,493
4. Investments
Unlisted
£
Cost
As at 1 April 2024 800
As at 31 March 2025 800
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 800
As at 1 April 2024 800
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 101,359 135,492
Other debtors 156,921 81,909
258,280 217,401
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 175,284 208,163
Taxation and social security 227,283 172,540
402,567 380,703
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 95,564 62,258
95,564 62,258
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3,780 3,780
9. Reserves
Revaluation Reserve
£
As at 1 April 2024 2,801,400
Surplus on revaluation 1,635,563
As at 31 March 2025 4,436,963
10. General Information
Averbrian Investments,Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00331466 . The registered office is Little Thorpe, Cleeve Road, Goring-on-Thames, Oxfordshire, RG8 9BJ.
Page 5