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 12955956 Mr Jason Buckler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12955956 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2025-03-31 12955956 2024-03-31 12955956 2025-03-31 12955956 2024-04-01 2025-03-31 12955956 frs-core:Non-currentFinancialInstruments 2025-03-31 12955956 frs-core:ShareCapital 2025-03-31 12955956 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12955956 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12955956 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12955956 frs-bus:SmallEntities 2024-04-01 2025-03-31 12955956 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12955956 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12955956 frs-core:DeferredTaxation 2024-04-01 2025-03-31 12955956 frs-core:DeferredTaxation 2024-03-31 12955956 frs-core:DeferredTaxation 2025-03-31 12955956 frs-bus:Director1 2024-04-01 2025-03-31 12955956 frs-countries:EnglandWales 2024-04-01 2025-03-31 12955956 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-03-31 12955956 2023-03-31 12955956 2024-03-31 12955956 2023-04-01 2024-03-31 12955956 frs-core:Non-currentFinancialInstruments 2024-03-31 12955956 frs-core:ShareCapital 2024-03-31 12955956 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 12955956
Nether Ley Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Nether Ley Ltd
Contents
Contents

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

Page 1
Nether Ley Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 12955956

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 1,022,254 |  | 835,000
|  |  | 1,022,254 |  | 835,000
CURRENT ASSETS
Cash at bank and in hand |  | 1,894 |  | 99,473 |
|  | 1,894 |  | 99,473 |
Creditors: Amounts Falling Due Within One Year | 5 | (24,086 ) |  | (19,170 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (22,192 ) |  | 80,303
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,000,062 |  | 915,303
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (712,873 ) |  | (688,769 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (55,439 ) |  | (44,609 )
NET ASSETS |  |  | 231,750 |  | 181,925
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1 |  | 1
Profit and Loss Account |  |  | 231,749 |  | 181,924
SHAREHOLDERS' FUNDS |  |  | 231,750 |  | 181,925

Page 1
Page 2
Nether Ley 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 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 Jason Buckler Director
31/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Nether Ley Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Nether Ley Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12955956 . The registered office is The Garth, Dalbury Lees, Ashbourne, DE6 5BL.
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. Investment Properties
Investment Property is shown at fair value. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2024: 1)
1 1
Page 3
Page 4
Nether Ley Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 835,000
Additions | 130,254
Revaluations | 57,000
As at 31 March 2025 | 1,022,254

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 730,267 |  | 600,013

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 24,086 |  | 19,170

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 668,616 |  | 548,616
Other loans | 42,078 |  | 138,078
Other creditors | 2,179 |  | 2,075
| 712,873 |  | 688,769

Of the creditors falling due after more than one year the following amounts are due after more than five years.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 668,616 |  | 548,616

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 668,616 |  | 548,616

8. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 April 2024 | 44,609 | 44,609
Additions | 10,830 | 10,830
Balance at 31 March 2025 | 55,439 | 55,439

Page 4
Page 5
Nether Ley Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
9. Share Capital

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

10. Reserves
11. Related Party Transactions
The Financial Statements include a loan from J Buckler, the director. The amount owed to the director at 31st March 2025 was £24,086 (2024: £19,170).
The Financial Statements include a loan from M&J Premises Ltd, a company which J Buckler is a shareholder and director. The amount owed to M&J Premises at 31st March 2025 was £42,078 (2024: £113,078).
Page 5