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 09338548 Mrs Anjana Hirani Mr Khushal Khagram iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09338548 2023-12-31 09338548 2024-12-31 09338548 2024-01-01 2024-12-31 09338548 frs-core:CurrentFinancialInstruments 2024-12-31 09338548 frs-core:Non-currentFinancialInstruments 2024-12-31 09338548 frs-core:ShareCapital 2024-12-31 09338548 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09338548 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09338548 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09338548 frs-bus:SmallEntities 2024-01-01 2024-12-31 09338548 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09338548 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09338548 frs-bus:Director1 2024-01-01 2024-12-31 09338548 frs-bus:Director2 2024-01-01 2024-12-31 09338548 frs-countries:EnglandWales 2024-01-01 2024-12-31 09338548 2022-12-31 09338548 2023-12-31 09338548 2023-01-01 2023-12-31 09338548 frs-core:CurrentFinancialInstruments 2023-12-31 09338548 frs-core:Non-currentFinancialInstruments 2023-12-31 09338548 frs-core:ShareCapital 2023-12-31 09338548 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09338548
London Real Estate Partners Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Company Information 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mrs Anjana Hirani
Mr Khushal Khagram
Company Number 09338548
Registered Office C/O Kingsley Maybrook Ltd Unitec House
2 Albert Place
London
N3 1QB
Accountants Kingsley Maybrook Limited
Unitec House
2 Albert Place
London
N3 1QB
Page 1
Page 2
Statement of Financial Position
Registered number: 09338548
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,850,000 3,324,382
2,850,000 3,324,382
CURRENT ASSETS
Debtors 5 115,155 105,777
Cash at bank and in hand 4,002 430,186
119,157 535,963
Creditors: Amounts Falling Due Within One Year 6 (3,449,042 ) (1,709,257 )
NET CURRENT ASSETS (LIABILITIES) (3,329,885 ) (1,173,294 )
TOTAL ASSETS LESS CURRENT LIABILITIES (479,885 ) 2,151,088
Creditors: Amounts Falling Due After More Than One Year 7 - (1,953,585 )
NET (LIABILITIES)/ASSETS (479,885 ) 197,503
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (479,985 ) 197,403
SHAREHOLDERS' FUNDS (479,885) 197,503
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Page 3
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 Income Statement.
On behalf of the board
Mr Khushal Khagram
Director
29 September 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
London Real Estate Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09338548 . The registered office is C/O Kingsley Maybrook Ltd Unitec House, 2 Albert Place, London, N3 1QB.
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. 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 income statement.
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 January 2024 3,324,382
Revaluations (474,382)
As at 31 December 2024 2,850,000
Page 4
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5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 37,605 27,845
Other debtors 77,550 77,932
115,155 105,777
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,978 7,972
Bank loans and overdrafts 1,900,000 -
Other loans 2,840 -
Other creditors 1,537,590 1,694,555
Taxation and social security 634 6,730
3,449,042 1,709,257
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - Societe General Mortgage - 1,953,585
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5