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 07297855 Mehmet Sisman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07297855 2024-06-30 07297855 2025-06-30 07297855 2024-07-01 2025-06-30 07297855 frs-core:CurrentFinancialInstruments 2025-06-30 07297855 frs-core:Non-currentFinancialInstruments 2025-06-30 07297855 frs-core:ComputerEquipment 2025-06-30 07297855 frs-core:ComputerEquipment 2024-07-01 2025-06-30 07297855 frs-core:ComputerEquipment 2024-06-30 07297855 frs-core:FurnitureFittings 2025-06-30 07297855 frs-core:FurnitureFittings 2024-07-01 2025-06-30 07297855 frs-core:FurnitureFittings 2024-06-30 07297855 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 07297855 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 07297855 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 07297855 frs-core:ShareCapital 2025-06-30 07297855 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 07297855 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 07297855 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 07297855 frs-bus:SmallEntities 2024-07-01 2025-06-30 07297855 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 07297855 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 07297855 frs-bus:Director1 2024-07-01 2025-06-30 07297855 frs-bus:Director1 2024-06-30 07297855 frs-bus:Director1 2025-06-30 07297855 frs-countries:EnglandWales 2024-07-01 2025-06-30 07297855 2023-06-30 07297855 2024-06-30 07297855 2023-07-01 2024-06-30 07297855 frs-core:CurrentFinancialInstruments 2024-06-30 07297855 frs-core:Non-currentFinancialInstruments 2024-06-30 07297855 frs-core:ShareCapital 2024-06-30 07297855 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 07297855
Sisman Properties Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Tax Data Ltd
Sisman Properties Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Sisman Properties Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 07297855

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,116,803 |  | 1,117,109
|  |  | 1,116,803 |  | 1,117,109
CURRENT ASSETS
Debtors | 5 | 83,693 |  | 1,463 |
Cash at bank and in hand |  | 44,107 |  | 141,937 |
|  | 127,800 |  | 143,400 |
Creditors: Amounts Falling Due Within One Year | 6 | (16,931 ) |  | (7,907 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 110,869 |  | 135,493
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,227,672 |  | 1,252,602
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,193,289 ) |  | (1,209,980 )
NET ASSETS |  |  | 34,383 |  | 42,622
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 33,383 |  | 41,622
SHAREHOLDERS' FUNDS |  |  | 34,383 |  | 42,622

Page 1
Page 2
Sisman Properties Ltd
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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

Mehmet Sisman Director
15th August 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Sisman Properties Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Sisman Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07297855 . The registered office is 55 Scotsdale road , Lee, London, SE12 8BS.
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
The turnover for the year includes income derived from the company's activities as the freeholder of leasehold flats. This income primarily consists of:
Ground Rent: Payments received from leaseholders as stipulated in their lease agreements.
Service Charges: Reimbursements from leaseholders for the provision of maintenance, repair, and other communal services.
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:

Freehold | NA
Fixtures & Fittings | 25%
Computer Equipment | 25%

2.4. Taxation
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.
Current 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: 4 (2024: 2)
4 2
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 July 2024 | 1,115,886 | 133 | 1,498 | 1,117,517
As at 30 June 2025 | 1,115,886 | 133 | 1,498 | 1,117,517
Depreciation
As at 1 July 2024 | - | 33 | 375 | 408
Provided during the period | - | 25 | 281 | 306
As at 30 June 2025 | - | 58 | 656 | 714

...CONTINUED
Page 3
Page 4
Sisman Properties Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025

Net Book Value
As at 30 June 2025 | 1,115,886 | 75 | 842 | 1,116,803
As at 1 July 2024 | 1,115,886 | 100 | 1,123 | 1,117,109

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 4,669 |  | 1,463
Due after more than one year
Other debtors | 79,024 |  | -
| 83,693 |  | 1,463

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | (1 )
Other creditors | 11,675 |  | 10,125
Taxation and social security | 5,256 |  | (2,217 )
| 16,931 |  | 7,907

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,193,289 |  | 1,188,768
Other creditors | - |  | 21,212
| 1,193,289 |  | 1,209,980

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
Director's loan amounts to £110,475 at the year end. This is being charged interest at a rate of 2.25%. THe director's plan to repay the loan within nine months of the year end.

| As at 1 July 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 June 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mehmet Sisman | - | - | - | - | 110,475

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