Acorah Software Products - Accounts Production 16.5.460 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 10254058 Mr R Johnson Mrs S Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10254058 2024-06-30 10254058 2025-06-30 10254058 2024-07-01 2025-06-30 10254058 frs-core:CurrentFinancialInstruments 2025-06-30 10254058 frs-core:Non-currentFinancialInstruments 2025-06-30 10254058 frs-core:ComputerEquipment 2025-06-30 10254058 frs-core:ComputerEquipment 2024-07-01 2025-06-30 10254058 frs-core:ComputerEquipment 2024-06-30 10254058 frs-core:FurnitureFittings 2025-06-30 10254058 frs-core:FurnitureFittings 2024-07-01 2025-06-30 10254058 frs-core:FurnitureFittings 2024-06-30 10254058 frs-core:InvestmentPropertyIncludedWithinPPE 2025-06-30 10254058 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-01 2025-06-30 10254058 frs-core:InvestmentPropertyIncludedWithinPPE 2024-06-30 10254058 frs-core:MotorVehicles 2025-06-30 10254058 frs-core:MotorVehicles 2024-07-01 2025-06-30 10254058 frs-core:MotorVehicles 2024-06-30 10254058 frs-core:ShareCapital 2025-06-30 10254058 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 10254058 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10254058 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 10254058 frs-bus:SmallEntities 2024-07-01 2025-06-30 10254058 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 10254058 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10254058 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-01 2025-06-30 10254058 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-06-30 10254058 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-06-30 10254058 frs-bus:Director1 2024-07-01 2025-06-30 10254058 frs-bus:Director2 2024-07-01 2025-06-30 10254058 frs-countries:EnglandWales 2024-07-01 2025-06-30 10254058 2023-06-30 10254058 2024-06-30 10254058 2023-07-01 2024-06-30 10254058 frs-core:CurrentFinancialInstruments 2024-06-30 10254058 frs-core:Non-currentFinancialInstruments 2024-06-30 10254058 frs-core:WithinOneYear 2024-06-30 10254058 frs-core:ShareCapital 2024-06-30 10254058 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10254058 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-06-30
Registered number: 10254058
V&R Property Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
V&R Property Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
V&R Property Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 10254058

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,104,486 |  | 1,101,811
|  |  | 1,104,486 |  | 1,101,811
CURRENT ASSETS
Debtors | 5 | 2,474 |  | 4,034 |
Cash at bank and in hand |  | 1,089 |  | 230 |
|  | 3,563 |  | 4,264 |
Creditors: Amounts Falling Due Within One Year | 6 | (287,107 ) |  | (286,591 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (283,544 ) |  | (282,327 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 820,942 |  | 819,484
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (785,149 ) |  | (786,896 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (29,870 ) |  | (29,120 )
NET ASSETS |  |  | 5,923 |  | 3,468
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Fair value reserve | 11 |  | 89,609 |  | 87,359
Profit and Loss Account |  |  | (83,786 ) |  | (83,991 )
SHAREHOLDERS' FUNDS |  |  | 5,923 |  | 3,468

Page 1
Page 2
V&R Property Limited
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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 R Johnson Director
1 October 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
V&R Property Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
V&R Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10254058 . The registered office is South View , East Harting, Petersfield, Hampshire, GU31 5NE.
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 shown in the profit and loss account represents rent receivable during the period.
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:

Motor Vehicles | 25% on cost
Fixtures & Fittings | 25% on cost
Computer Equipment | 25% on cost

2.4. 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.
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 accounts receivable and payable, loans from banks and other third parties, loans to or from related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset’s carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Page 3
Page 4
V&R Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Investment Properties | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost or Valuation
As at 1 July 2024 | 1,101,000 | 3,600 | 26,991 | 1,298 | 1,132,889
Revaluation | 3,000 | - | - | - | 3,000
As at 30 June 2025 | 1,104,000 | 3,600 | 26,991 | 1,298 | 1,135,889
Depreciation
As at 1 July 2024 | - | 3,600 | 26,991 | 487 | 31,078
Provided during the period | - | - | - | 325 | 325
As at 30 June 2025 | - | 3,600 | 26,991 | 812 | 31,403
Net Book Value
As at 30 June 2025 | 1,104,000 | - | - | 486 | 1,104,486
As at 1 July 2024 | 1,101,000 | - | - | 811 | 1,101,811

Page 4
Page 5
V&R Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
Cost or valuation as at 30 June 2025 represented by:

| Investment Properties | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
At cost | 984,521 | 3,600 | 26,991 | 1,298 | 1,016,410
At valuation | 119,479 | - | - | - | 119,479
| 1,104,000 | 3,600 | 26,991 | 1,298 | 1,135,889

The investment property was valued on an open market basis on 30 June 2025 by the directors.
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 1,798
Other debtors | 2,474 |  | 2,236
| 2,474 |  | 4,034

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 735 |  | 3,235
Bank loans and overdrafts | 4,875 |  | 4,875
Other creditors | 281,497 |  | 278,481
| 287,107 |  | 286,591

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 785,149 |  | 786,896

8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured:
Bank loans are secured on the assets to which they relate.
The following charges are registered at Companies House:
Hampshire Trust Bank PLC
Shawbrook Bank Limited
Aldermore Bank PLC
Please see Companies House for more information.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 785,149 |  | 782,021

Page 5
Page 6
V&R Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
9. Share Capital

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

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | - |  | 6,127
| - |  | 6,127

11. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 July 2024 | 87,359
Transfer to profit and loss | 2,250
As at 30 June 2025 | 89,609

12. Related Party Transactions
Included within other creditors due witihn one year is an amount of £128,933 (2024 - £133,433) owed to the step-mother of one of the directors. This loan is interest free and repayable on demand.
Page 6