Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08806343 Miss Sally Hardie Mr Mark Hardie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08806343 2023-12-31 08806343 2024-12-31 08806343 2024-01-01 2024-12-31 08806343 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 08806343 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08806343 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 08806343 frs-core:RevaluationReserve 2023-12-31 08806343 frs-core:RevaluationReserve 2024-12-31 08806343 frs-core:ShareCapital 2024-12-31 08806343 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08806343 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08806343 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08806343 frs-bus:SmallEntities 2024-01-01 2024-12-31 08806343 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08806343 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08806343 frs-bus:Director1 2024-01-01 2024-12-31 08806343 frs-bus:Director2 2024-01-01 2024-12-31 08806343 1 2024-01-01 2024-12-31 08806343 frs-countries:EnglandWales 2024-01-01 2024-12-31 08806343 2022-12-31 08806343 2023-12-31 08806343 2023-01-01 2023-12-31 08806343 frs-core:RevaluationReserve 2023-12-31 08806343 frs-core:ShareCapital 2023-12-31 08806343 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08806343 1 2023-01-01 2023-12-31
Registered number: 08806343
Nine Tenths Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08806343
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 750,000 804,000
750,000 804,000
CURRENT ASSETS
Cash at bank and in hand 128,423 115,618
128,423 115,618
Creditors: Amounts Falling Due Within One Year 5 (86,963 ) (86,651 )
NET CURRENT ASSETS (LIABILITIES) 41,460 28,967
TOTAL ASSETS LESS CURRENT LIABILITIES 791,460 832,967
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,550 ) (56,810 )
NET ASSETS 744,910 776,157
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 6 245,000 299,000
Profit and Loss Account 499,810 477,057
SHAREHOLDERS' FUNDS 744,910 776,157
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For the year ending 31 December 2024 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
Miss Sally Hardie
Director
Mr Mark Hardie
Director
25 September 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Nine Tenths Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 08806343 . The registered office is 3rd Floor, 86-90 Paul Street, London, England, EC2A 4NE.
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, net of discounts. Turnover is recognised at the point of invoice.
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 property Not depreciated
2.4. Investment Properties
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Investment properties whose fair value cannot be measured reliably without undue cost or effort on an on-going basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses. 
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2.5. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
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 asset 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.
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3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 2 2
2 2
4. Tangible Assets
Land & Property
Freehold property
£
Cost or Valuation
As at 1 January 2024 804,000
Revaluation (54,000 )
As at 31 December 2024 750,000
Net Book Value
As at 31 December 2024 750,000
As at 1 January 2024 804,000
The revaluation details as per an independent valuation report are as follows:
2 Moir Court £250,000 (2023 : £255,000).
36 St George's Manor £500,000 (2023 : £549,000).
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 86,963 86,651
6. Reserves
Revaluation Reserve
£
As at 1 January 2024 299,000
Deficit on revaluation (54,000)
As at 31 December 2024 245,000
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