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 09443901 Mr John Farrington Mrs Alison Farrington Mrs Amie Farrington-Talbot Mrs Claire Farrington-Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09443901 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2025-03-31 09443901 2024-03-31 09443901 2025-03-31 09443901 2024-04-01 2025-03-31 09443901 frs-core:CurrentFinancialInstruments 2025-03-31 09443901 frs-core:Non-currentFinancialInstruments 2025-03-31 09443901 frs-core:ComputerEquipment 2025-03-31 09443901 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09443901 frs-core:ComputerEquipment 2024-03-31 09443901 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 09443901 frs-core:FurnitureFittings 2025-03-31 09443901 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09443901 frs-core:FurnitureFittings 2024-03-31 09443901 frs-core:MotorVehicles 2024-04-01 2025-03-31 09443901 frs-core:OtherResidualIntangibleAssets 2025-03-31 09443901 frs-core:OtherResidualIntangibleAssets 2024-03-31 09443901 frs-core:PlantMachinery 2025-03-31 09443901 frs-core:PlantMachinery 2024-04-01 2025-03-31 09443901 frs-core:PlantMachinery 2024-03-31 09443901 frs-core:ShareCapital 2025-03-31 09443901 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09443901 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09443901 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09443901 frs-bus:SmallEntities 2024-04-01 2025-03-31 09443901 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09443901 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09443901 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 09443901 frs-core:UnlistedNon-exchangeTraded 2025-03-31 09443901 frs-core:UnlistedNon-exchangeTraded 2024-03-31 09443901 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 09443901 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 09443901 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 09443901 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 09443901 frs-bus:Director1 2024-04-01 2025-03-31 09443901 frs-bus:Director2 2024-04-01 2025-03-31 09443901 frs-bus:Director3 2024-04-01 2025-03-31 09443901 frs-bus:Director4 2024-04-01 2025-03-31 09443901 frs-countries:EnglandWales 2024-04-01 2025-03-31 09443901 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-03-31 09443901 2023-03-31 09443901 2024-03-31 09443901 2023-04-01 2024-03-31 09443901 frs-core:CurrentFinancialInstruments 2024-03-31 09443901 frs-core:Non-currentFinancialInstruments 2024-03-31 09443901 frs-core:ShareCapital 2024-03-31 09443901 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09443901 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 09443901
Farrington Properties Ltd
Financial Statements
For The Year Ended 31 March 2025
Sturgess Hutchinson
Farrington Properties Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Farrington Properties Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 09443901

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 6,293 |  | 7,866
Investment Properties | 6 |  | 1,683,201 |  | 2,058,202
Investments | 7 |  | 100 |  | 100
|  |  | 1,689,594 |  | 2,066,168
CURRENT ASSETS
Debtors | 8 | 469,063 |  | 375,355 |
Cash at bank and in hand |  | 39,470 |  | 18,959 |
|  | 508,533 |  | 394,314 |
Creditors: Amounts Falling Due Within One Year | 9 | (20,754 ) |  | (202,464 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 487,779 |  | 191,850
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,177,373 |  | 2,258,018
Creditors: Amounts Falling Due After More Than One Year | 10 |  | (624,905 ) |  | (637,148 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (191,267 ) |  | (218,457 )
NET ASSETS |  |  | 1,361,201 |  | 1,402,413
CAPITAL AND RESERVES
Called up share capital | 11 |  | 140 |  | 140
Fair value reserve |  |  | 626,654 |  | 747,139
Profit and Loss Account |  |  | 734,407 |  | 655,134
SHAREHOLDERS' FUNDS |  |  | 1,361,201 |  | 1,402,413

Page 1
Page 2
Farrington Properties Ltd
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 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 John Farrington Director
26/08/2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Farrington Properties Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Farrington Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09443901 . The registered office is 21 New Walk, Leicester, LE1 6TE.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Computer software is being amortised over its estimated useful life of 3 years.
2.4. 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 | 20% on reducing Balance
Motor Vehicles | 20% on reducing Balance
Fixtures & Fittings | 20% on reducing Balance
Computer Equipment | 20% on reducing Balance

2.5. Investment Properties
Investment properties are initially recorded at cost, which includes purchases price and any directly attributable expenditure.
Investment properties are revalued to their fair value at each reporting date and any changes in fair value are recognised in the income statement.
Page 3
Page 4
Farrington Properties Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Investments in subsiduaries
Investments in subsiduary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: 1)
- 1
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 April 2024 | 7,254
As at 31 March 2025 | 7,254
Amortisation
As at 1 April 2024 | 7,254
As at 31 March 2025 | 7,254

...CONTINUED
Page 4
Page 5
Farrington Properties Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | -

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 April 2024 | 383 | 17,361 | 17,064 | 34,808
As at 31 March 2025 | 383 | 17,361 | 17,064 | 34,808
Depreciation
As at 1 April 2024 | 282 | 13,450 | 13,210 | 26,942
Provided during the period | 20 | 782 | 771 | 1,573
As at 31 March 2025 | 302 | 14,232 | 13,981 | 28,515
Net Book Value
As at 31 March 2025 | 81 | 3,129 | 3,083 | 6,293
As at 1 April 2024 | 101 | 3,911 | 3,854 | 7,866

6. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 2,058,202
Disposals | (375,001 )
As at 31 March 2025 | 1,683,201

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 866,853 |  | 1,084,897

Page 5
Page 6
Farrington Properties Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 April 2024 | 100
As at 31 March 2025 | 100
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 100
As at 1 April 2024 | 100

The company owns 100% of the Ordinary Share Capital of Farrington Developments Limited.
8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 42,766
Other debtors | 469,063 |  | 332,589
| 469,063 |  | 375,355

Included in other debtors < 1 year is a loan to Farrington Developments Limited which is a wholly owned subsiduary of the company. The balance outstanding at the year end is £301,317 (2024: £275,285).
Also in other debtors due < 1 year is a loan to FRPC Limited, a company which J Farrington and A Farrington are also directors and shareholders. The balance outstanding at the year end is £102,073 (2024 : £195,927 creditor).
9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 2,238
Bank loans and overdrafts | 8,539 |  | -
Other creditors | 6,843 |  | 200,226
Taxation and social security | 5,372 |  | -
| 20,754 |  | 202,464

Page 6
Page 7
Farrington Properties Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
10. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 624,905 |  | 637,148

The bank loan is secured by a fixed and floating charge over the assets of the company, including a first legal charge over the freehold property.
Of the creditors falling due after more than one year the following amounts are due after more than five years.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 581,315 |  | 637,148

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 140 |  | 140

Page 7