Acorah Software Products - Accounts Production 16.5.460 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 02081008 Mr Ivan Kingsley Smith Mrs Andrea Kingsley Smith Mr Paul Ross-Gower Mr Ivan Kingsley Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02081008 2024-07-31 02081008 2025-07-31 02081008 2024-08-01 2025-07-31 02081008 frs-core:Non-currentFinancialInstruments 2025-07-31 02081008 frs-core:PlantMachinery 2025-07-31 02081008 frs-core:PlantMachinery 2024-08-01 2025-07-31 02081008 frs-core:PlantMachinery 2024-07-31 02081008 frs-core:SharePremium 2025-07-31 02081008 frs-core:ShareCapital 2025-07-31 02081008 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 02081008 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 02081008 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 02081008 frs-bus:SmallEntities 2024-08-01 2025-07-31 02081008 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 02081008 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 02081008 frs-core:UnlistedNon-exchangeTraded 2025-07-31 02081008 frs-core:UnlistedNon-exchangeTraded 2024-07-31 02081008 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 02081008 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-07-31 02081008 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 02081008 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-07-31 02081008 frs-bus:Director1 2024-08-01 2025-07-31 02081008 frs-bus:Director2 2024-08-01 2025-07-31 02081008 frs-bus:Director3 2024-08-01 2025-07-31 02081008 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 02081008 frs-countries:EnglandWales 2024-08-01 2025-07-31 02081008 2023-07-31 02081008 2024-07-31 02081008 2023-08-01 2024-07-31 02081008 frs-core:CurrentFinancialInstruments 2024-07-31 02081008 frs-core:Non-currentFinancialInstruments 2024-07-31 02081008 frs-core:SharePremium 2024-07-31 02081008 frs-core:ShareCapital 2024-07-31 02081008 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 02081008
Palm Investments Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Palm Investments Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Palm Investments Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 02081008

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 5 |  | 1,934,880 |  | 1,934,880
Investments | 6 |  | 2 |  | 2
|  |  | 1,934,882 |  | 1,934,882
CURRENT ASSETS
Debtors | 7 | 663,621 |  | 612,621 |
Cash at bank and in hand |  | 15,644 |  | 9,125 |
|  | 679,265 |  | 621,746 |
Creditors: Amounts Falling Due Within One Year | 8 | (108,496 ) |  | (113,497 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 570,769 |  | 508,249
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,505,651 |  | 2,443,131
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (1,247,500 ) |  | (1,292,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (86,966 ) |  | (86,966 )
NET ASSETS |  |  | 1,171,185 |  | 1,063,665
CAPITAL AND RESERVES
Called up share capital | 10 |  | 116,000 |  | 116,000
Share premium account |  |  | 132,000 |  | 132,000
Profit and Loss Account |  |  | 923,185 |  | 815,665
SHAREHOLDERS' FUNDS |  |  | 1,171,185 |  | 1,063,665

Page 1
Page 2
Palm Investments Limited
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 Ivan Kingsley Smith Director
25th September 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Palm Investments Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Palm Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02081008 . The registered office is Ranscombe Farm House, The Estate Office Cuxton, Rochester, Kent, ME2 1LA.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.

Plant & Machinery | 25% on reducing balance

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. Debtors
Short term debtors are measured at transction price, less any impairment.
2.6. Cash and cash Equivalents
Cash is represented by cash in hand and deposits with financial institutions.
2.7. Creditors
Short term creditors are measured at the transaction price.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
Palm Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 August 2024 | 5,957
As at 31 July 2025 | 5,957
Depreciation
As at 1 August 2024 | 5,957
As at 31 July 2025 | 5,957
Net Book Value
As at 31 July 2025 | -
As at 1 August 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 August 2024 and 31 July 2025 | 1,934,880

6. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 August 2024 | 2
As at 31 July 2025 | 2
Provision
As at 1 August 2024 | -
As at 31 July 2025 | -
Net Book Value
As at 31 July 2025 | 2
As at 1 August 2024 | 2

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 663,621 |  | 612,621

Page 4
Page 5
Palm Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 1
Other creditors | 108,496 |  | 113,496
| 108,496 |  | 113,497

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,247,500 |  | 1,292,500

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 116,000 |  | 116,000

11. Related Party Transactions
Palm Developments Ltd
The subsidiary of Palm Investments Limited and a company in which Mr I S Kingsley Smith is a director.
At the balance sheet date the company was owed £663,500 ( 2024 £602,500) by Palm Developments Ltd.
McCullochs (CI) Ltd
A company of which Mr I Kingsley Smith is a director.
At the balance sheet date the company was owed £955,000 (2024 £1,000,000) by McCullochs (CI) Ltd.
Page 5