Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 05137461 Mrs Sadia Shah Mr Sattar Shah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05137461 2024-04-30 05137461 2025-04-30 05137461 2024-05-01 2025-04-30 05137461 frs-core:CurrentFinancialInstruments 2025-04-30 05137461 frs-core:Non-currentFinancialInstruments 2025-04-30 05137461 frs-core:FurnitureFittings 2025-04-30 05137461 frs-core:FurnitureFittings 2024-05-01 2025-04-30 05137461 frs-core:FurnitureFittings 2024-04-30 05137461 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 05137461 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05137461 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 05137461 frs-core:MotorVehicles 2025-04-30 05137461 frs-core:MotorVehicles 2024-05-01 2025-04-30 05137461 frs-core:MotorVehicles 2024-04-30 05137461 frs-core:ShareCapital 2025-04-30 05137461 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 05137461 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05137461 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 05137461 frs-bus:SmallEntities 2024-05-01 2025-04-30 05137461 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05137461 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05137461 frs-core:CostValuation 2024-04-30 05137461 frs-core:CostValuation 2025-04-30 05137461 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 05137461 frs-core:ProvisionsForImpairmentInvestments 2025-04-30 05137461 frs-bus:Director1 2024-05-01 2025-04-30 05137461 frs-bus:Director2 2024-05-01 2025-04-30 05137461 frs-countries:EnglandWales 2024-05-01 2025-04-30 05137461 2023-04-30 05137461 2024-04-30 05137461 2023-05-01 2024-04-30 05137461 frs-core:CurrentFinancialInstruments 2024-04-30 05137461 frs-core:Non-currentFinancialInstruments 2024-04-30 05137461 frs-core:ShareCapital 2024-04-30 05137461 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 05137461
Abbey Homes (London) Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Harrisons Accountancy Ltd
Harrison House Sheep Walk
Langford Road
Biggleswade
Bedfordshire
SG18 9RB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05137461
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 941,812 1,007,415
Investments 5 6,301 6,301
948,113 1,013,716
CURRENT ASSETS
Stocks 6 2,843,537 2,831,537
Debtors 7 (123,801 ) (148,927 )
Cash at bank and in hand 204,861 98,176
2,924,597 2,780,786
Creditors: Amounts Falling Due Within One Year 8 (148,221 ) (186,279 )
NET CURRENT ASSETS (LIABILITIES) 2,776,376 2,594,507
TOTAL ASSETS LESS CURRENT LIABILITIES 3,724,489 3,608,223
Creditors: Amounts Falling Due After More Than One Year 9 (11,004 ) (21,255 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (337 ) (337 )
NET ASSETS 3,713,148 3,586,631
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 3,713,147 3,586,630
SHAREHOLDERS' FUNDS 3,713,148 3,586,631
Page 1
Page 2
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 Sattar Shah
Director
20/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Abbey Homes (London) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05137461 . The registered office is 284b Firs Lane, London, N13 5QQ.
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:
Freehold 0%
Motor Vehicles 25%
Fixtures & Fittings 25%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost or Valuation
As at 1 May 2024 1,005,000 1,600 9,460 1,016,060
Additions 35,000 - - 35,000
Revaluation (100,000 ) - - (100,000 )
As at 30 April 2025 940,000 1,600 9,460 951,060
Depreciation
As at 1 May 2024 - 1,600 7,045 8,645
Provided during the period - - 603 603
As at 30 April 2025 - 1,600 7,648 9,248
Net Book Value
As at 30 April 2025 940,000 - 1,812 941,812
As at 1 May 2024 1,005,000 - 2,415 1,007,415
Cost or valuation as at 30 April 2025 represented by an open market valuation by the director as at 30 April 2025. 
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
At cost 315,000 1,600 9,460 326,060
At valuation 625,000 - - 625,000
940,000 1,600 9,460 951,060
5. Investments
Other
£
Cost or Valuation
As at 1 May 2024 6,301
As at 30 April 2025 6,301
Provision
As at 1 May 2024 -
As at 30 April 2025 -
Net Book Value
As at 30 April 2025 6,301
As at 1 May 2024 6,301
Page 4
Page 5
6. Stocks
2025 2024
£ £
Stock 2,843,537 2,831,537
7. Debtors
2025 2024
£ £
Due within one year
Deferred tax current asset (123,801) (148,927)
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 314 693
Corporation tax 67,299 68,884
Other creditors 16,100 16,100
Accruals and deferred income 1,860 1,860
Directors' loan accounts 62,648 98,742
148,221 186,279
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 11,004 21,255
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5