Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01501527 Mr P Hillier Mr P Hillier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01501527 2024-03-31 01501527 2025-03-31 01501527 2024-04-01 2025-03-31 01501527 frs-core:CurrentFinancialInstruments 2025-03-31 01501527 frs-core:Non-currentFinancialInstruments 2025-03-31 01501527 frs-core:MotorVehicles 2025-03-31 01501527 frs-core:MotorVehicles 2024-04-01 2025-03-31 01501527 frs-core:MotorVehicles 2024-03-31 01501527 frs-core:PlantMachinery 2025-03-31 01501527 frs-core:PlantMachinery 2024-04-01 2025-03-31 01501527 frs-core:PlantMachinery 2024-03-31 01501527 frs-core:CapitalRedemptionReserve 2025-03-31 01501527 frs-core:ShareCapital 2025-03-31 01501527 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01501527 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01501527 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01501527 frs-bus:SmallEntities 2024-04-01 2025-03-31 01501527 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01501527 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01501527 frs-bus:Director1 2024-04-01 2025-03-31 01501527 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 01501527 frs-countries:EnglandWales 2024-04-01 2025-03-31 01501527 2023-03-31 01501527 2024-03-31 01501527 2023-04-01 2024-03-31 01501527 frs-core:CurrentFinancialInstruments 2024-03-31 01501527 frs-core:Non-currentFinancialInstruments 2024-03-31 01501527 frs-core:CapitalRedemptionReserve 2024-03-31 01501527 frs-core:ShareCapital 2024-03-31 01501527 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 01501527
Phoenix Properties (Derby) Limited
Financial Statements
For The Year Ended 31 March 2025
Phoenix Properties (Derby) Limited
Contents
Contents

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

Page 1
Phoenix Properties (Derby) Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 01501527

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 10,291 |  | 20,578
Investment Properties | 5 |  | 1,643,697 |  | 1,629,837
|  |  | 1,653,988 |  | 1,650,415
CURRENT ASSETS
Debtors | 6 | 26,585 |  | 43,945 |
Cash at bank and in hand |  | 2,929 |  | 1,527 |
|  | 29,514 |  | 45,472 |
Creditors: Amounts Falling Due Within One Year | 7 | (61,752 ) |  | (53,883 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (32,238 ) |  | (8,411 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,621,750 |  | 1,642,004
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (250,000 ) |  | (250,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (125,444 ) |  | (125,534 )
NET ASSETS |  |  | 1,246,306 |  | 1,266,470
CAPITAL AND RESERVES
Called up share capital | 9 |  | 50 |  | 50
Capital redemption reserve |  |  | 50 |  | 50
Profit and Loss Account |  |  | 1,246,206 |  | 1,266,370
SHAREHOLDERS' FUNDS |  |  | 1,246,306 |  | 1,266,470

Page 1
Page 2
Phoenix Properties (Derby) Limited
Balance Sheet (continued)
As At 31 March 2025
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 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 P Hillier Director
29 October 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Phoenix Properties (Derby) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Phoenix Properties (Derby) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01501527 . The registered office is Darley Abbey Mills, Darley Abbey, Derby, DE3 1DZ.
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.
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.
2.3. 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:

Plant & Machinery | 10% and 20% straight line
Motor Vehicles | 25% straight line

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. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 4)
3 4
Page 3
Page 4
Phoenix Properties (Derby) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 April 2024 | 28,273 | 32,399 | 60,672
As at 31 March 2025 | 28,273 | 32,399 | 60,672
Depreciation
As at 1 April 2024 | 23,894 | 16,200 | 40,094
Provided during the period | 2,187 | 8,100 | 10,287
As at 31 March 2025 | 26,081 | 24,300 | 50,381
Net Book Value
As at 31 March 2025 | 2,192 | 8,099 | 10,291
As at 1 April 2024 | 4,379 | 16,199 | 20,578

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 1,629,837
Additions | 7,072
Fair value adjustments | 6,788
As at 31 March 2025 | 1,643,697

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 13,300 |  | 7,200
Prepayments and accrued income | 1,762 |  | 1,437
Corporation tax recoverable assets | - |  | 23
Director's loan account | - |  | 11,823
| 15,062 |  | 20,483
Due after more than one year
Other debtors | 11,523 |  | 23,462
| 26,585 |  | 43,945

Page 4
Page 5
Phoenix Properties (Derby) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 147 |  | 146
Other loans | 45,282 |  | 45,282
Corporation tax | 3,855 |  | -
Other taxes and social security | 94 |  | 320
Net wages | 4,317 |  | 1,078
Other creditors | 118 |  | 118
Accruals and deferred income | 7,759 |  | 6,939
Director's loan account | 180 |  | -
| 61,752 |  | 53,883

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 250,000 |  | 250,000

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 50 |  | 50

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