Acorah Software Products - Accounts Production 16.5.460 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12486779 Mr Dereck Celis true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12486779 2023-10-31 12486779 2024-10-31 12486779 2023-11-01 2024-10-31 12486779 frs-core:CurrentFinancialInstruments 2024-10-31 12486779 frs-core:Non-currentFinancialInstruments 2024-10-31 12486779 frs-core:ShareCapital 2024-10-31 12486779 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12486779 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12486779 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12486779 frs-bus:SmallEntities 2023-11-01 2024-10-31 12486779 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12486779 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12486779 1 2023-11-01 2024-10-31 12486779 frs-bus:Director1 2023-11-01 2024-10-31 12486779 frs-core:CurrentFinancialInstruments 1 2024-10-31 12486779 frs-countries:EnglandWales 2023-11-01 2024-10-31 12486779 2022-10-31 12486779 2023-10-31 12486779 2022-11-01 2023-10-31 12486779 frs-core:CurrentFinancialInstruments 2023-10-31 12486779 frs-core:Non-currentFinancialInstruments 2023-10-31 12486779 frs-core:ShareCapital 2023-10-31 12486779 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12486779 frs-core:CurrentFinancialInstruments 1 2023-10-31
Registered number: 12486779
Celis Property Group Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Optimise Accountants Ltd
Celis Property Group Ltd
Contents
Contents

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

Page 1
Celis Property Group Ltd
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: 12486779

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 51,043 |  | 51,043
|  |  | 51,043 |  | 51,043
CURRENT ASSETS
Debtors | 5 | 479 |  | 519 |
Cash at bank and in hand |  | 141,129 |  | 1,187 |
|  | 141,608 |  | 1,706 |
Creditors: Amounts Falling Due Within One Year | 6 | (183,791 ) |  | (86,423 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (42,183 ) |  | (84,717 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 8,860 |  | (33,674 )
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (51,348 ) |  | -
NET LIABILITIES |  |  | (42,488 ) |  | (33,674 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1 |  | 1
Profit and Loss Account |  |  | (42,489 ) |  | (33,675 )
SHAREHOLDERS' FUNDS |  |  | (42,488) |  | (33,674)

Page 1
Page 2
Celis Property Group Ltd
Balance Sheet (continued)
As At 31 October 2024
For the year ending 31 October 2024 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

Mr Dereck Celis Director
28/10/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Celis Property Group Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. General Information
Celis Property Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12486779 . The registered office is Kemp House, 152-160 City Road, London, EC1V 2NX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property

| 2024
--- | ---
| £
Fair Value
As at 1 November 2023 and 31 October 2024 | 51,043

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 479 |  | 519

Page 3
Page 4
Celis Property Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Amounts owed to Celis Group Holding | 87,000 |  | 85,000
Amounts owed to DCelis Consultancy | 96,000 |  | -
Accruals and deferred income | 1 |  | 601
Director's loan account | 790 |  | 822
| 183,791 |  | 86,423

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

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 51,348 |  | -

8. Secured Creditors
Of the creditors the following amounts are secured.

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 51,348 |  | -

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

10. Related Party Transactions
Included within other creditors is an amount of £87,000 (2023: £85,000) owed to Celis Group Holding Limited, the parent company of Celis Property Group.
Included within other creditors is an amount of £96,000 (2023: £0) owed to DCelis Consultancy Limited, a fellow group company under the control of the same directors and shareholders.
11. Ultimate Controlling Party
The company's ultimate controlling party is Dereck Celis by virtue of his ownership of 75% of the issued share capital in this company's parent.
Page 4