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Registered number: 11041122
Park Grove Investment Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Sestini & Co Ltd.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11041122
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,165 2,033
Investments 5 689,131 689,131
692,296 691,164
CURRENT ASSETS
Debtors 6 9,104,969 6,220,358
Investments 7 12,999,420 13,814,336
Cash at bank and in hand 22,670 47,048
22,127,059 20,081,742
Creditors: Amounts Falling Due Within One Year 8 (18,167,466 ) (16,901,348 )
NET CURRENT ASSETS (LIABILITIES) 3,959,593 3,180,394
TOTAL ASSETS LESS CURRENT LIABILITIES 4,651,889 3,871,558
Creditors: Amounts Falling Due After More Than One Year 9 (994,642 ) (926,229 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (547,439 ) (406,831 )
NET ASSETS 3,109,808 2,538,498
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 3,109,708 2,538,398
SHAREHOLDERS' FUNDS 3,109,808 2,538,498
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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
Mahbod Nia
Director
3 October 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Park Grove Investment Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11041122 . The registered office is Paulton House, Old Mills, Paulton, Bristol, BS39 7SX.
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. Significant judgements and estimations
There were no critical accounting estimates or judgements required in the preparation of these financial statements in the current or prior year.
2.3. 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.
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.
2.4. 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:
Computer Equipment 4 Years straight line
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Investments in subsidiaries are held at historical cost.

2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. 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: 2 (2024: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 2,260
Additions 1,757
As at 31 March 2025 4,017
Depreciation
As at 1 April 2024 227
Provided during the period 625
As at 31 March 2025 852
Net Book Value
As at 31 March 2025 3,165
As at 1 April 2024 2,033
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5. Investments
Unlisted
£
Cost
As at 1 April 2024 689,131
As at 31 March 2025 689,131
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 689,131
As at 1 April 2024 689,131
Details of undertakings

Subsidiary Undertaking: Park Grove Espana, SL
Country of incorporation: Spain
100% of ordinary share capital held.
6. Debtors
2025 2024
as restated
£ £
Due after more than one year
Other debtors 9,104,969 6,220,358
7. Current Asset Investments
2025 2024
as restated
£ £
Other investments, held for sale 12,999,420 13,814,336
8. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Corporation tax 707 70,209
Other creditors 18,166,759 16,831,139
18,167,466 16,901,348
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Other loans 994,642 926,229
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10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 406,831 406,831
Utilised 140,608 140,608
Balance at 31 March 2025 547,439 547,439
11. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 100 100
12. Related Party Transactions
Included in other debtors, more than one year is £9,104,969 due form the subsidiary company, Park Grove Espana, SL (31 March 2024: £6,220,358).
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