Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 SC689082 Mr Charles Jamieson Scott Mrs Karen Ann Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC689082 2024-02-29 SC689082 2025-02-28 SC689082 2024-03-01 2025-02-28 SC689082 frs-core:ShareCapital 2025-02-28 SC689082 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 SC689082 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC689082 frs-bus:AbridgedAccounts 2024-03-01 2025-02-28 SC689082 frs-bus:SmallEntities 2024-03-01 2025-02-28 SC689082 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 SC689082 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 SC689082 frs-bus:Director1 2024-03-01 2025-02-28 SC689082 frs-bus:Director2 2024-03-01 2025-02-28 SC689082 frs-countries:Scotland 2024-03-01 2025-02-28 SC689082 2023-02-28 SC689082 2024-02-29 SC689082 2023-03-01 2024-02-29 SC689082 frs-core:ShareCapital 2024-02-29 SC689082 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: SC689082
Windfall Property Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
VIBAS Accountants
Windfall Property Ltd
Contents
Contents

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

Page 1
Windfall Property Ltd
Abridged Balance Sheet
As At 28 February 2025
Abridged Balance Sheet
Registered number: SC689082

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 600,000 |  | 600,000
|  |  | 600,000 |  | 600,000
CURRENT ASSETS
Debtors |  | - |  | 13 |
Cash at bank and in hand |  | 770 |  | 931 |
|  | 770 |  | 944 |
Creditors: Amounts Falling Due Within One Year |  | (636,811 ) |  | (635,991 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (636,041 ) |  | (635,047 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (36,041 ) |  | (35,047 )
NET LIABILITIES |  |  | (36,041 ) |  | (35,047 )
CAPITAL AND RESERVES
Called up share capital | 5 |  | 6 |  | 6
Profit and Loss Account |  |  | (36,047 ) |  | (35,053 )
SHAREHOLDERS' FUNDS |  |  | (36,041) |  | (35,047)

Page 1
Page 2
Windfall Property Ltd
Abridged Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Charles Jamieson Scott Director
15/10/2025

The notes on page 3 form part of these financial statements.
Page 2
Page 3
Windfall Property Ltd
Notes to the Abridged Financial Statements
For The Year Ended 28 February 2025
Notes to the Abridged Financial Statements
1. General Information
Windfall Property Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC689082 . The registered office is 2 Cheylesmore 67 Dirleton Avenue, North Berwick, EH39 4QL.
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 profit and loss account.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 March 2024 and 28 February 2025 | 600,000

5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 6 |  | 6

Page 3