Acorah Software Products - Accounts Production 16.6.950 false true false 20 February 2024 28 February 2025 28 February 2025 15508747 Mr Kevin Dewhurst Mrs Lynda Dewhurst iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15508747 2024-02-19 15508747 2025-02-28 15508747 2024-02-20 2025-02-28 15508747 frs-core:CurrentFinancialInstruments 2025-02-28 15508747 frs-core:Non-currentFinancialInstruments 2025-02-28 15508747 frs-core:BetweenOneFiveYears 2025-02-28 15508747 frs-core:MoreThanFiveYears 2025-02-28 15508747 frs-core:WithinOneYear 2025-02-28 15508747 frs-core:ShareCapital 2025-02-28 15508747 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 15508747 frs-bus:PrivateLimitedCompanyLtd 2024-02-20 2025-02-28 15508747 frs-bus:FilletedAccounts 2024-02-20 2025-02-28 15508747 frs-bus:SmallEntities 2024-02-20 2025-02-28 15508747 frs-bus:AuditExempt-NoAccountantsReport 2024-02-20 2025-02-28 15508747 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-20 2025-02-28 15508747 frs-bus:OrdinaryShareClass1 2024-02-20 2025-02-28 15508747 frs-bus:OrdinaryShareClass1 2025-02-28 15508747 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-20 2025-02-28 15508747 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-02-28 15508747 frs-bus:Director1 2024-02-20 2025-02-28 15508747 frs-bus:Director2 2024-02-20 2025-02-28 15508747 frs-countries:EnglandWales 2024-02-20 2025-02-28
Registered number: 15508747
Wintersett Properties Ltd
Unaudited Financial Statements
For the Period 20 February 2024 to 28 February 2025
Arvo.Tax Limited
Wintersett Properties Ltd
Contents
Contents

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

Page 1
Wintersett Properties Ltd
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 15508747

| 28 February 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 7,750,000
|  |  | 7,750,000
CURRENT ASSETS
Debtors | 5 | 12,632 |
Cash at bank and in hand |  | 137,499 |
|  | 150,131 |
Creditors: Amounts Falling Due Within One Year | 6 | (212,931 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (62,800 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,687,200
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (4,693,105 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (475,798 )
NET ASSETS |  |  | 2,518,297
CAPITAL AND RESERVES
Called up share capital | 8 |  | 700,100
Fair value reserve | 10 |  | 1,672,296
Profit and Loss Account |  |  | 145,901
SHAREHOLDERS' FUNDS |  |  | 2,518,297

Page 1
Page 2
Wintersett Properties Ltd
Balance Sheet (continued)
As At 28 February 2025
For the period ending 28 February 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 Kevin Dewhurst Director | Mrs Lynda Dewhurst Director
19/11/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Wintersett Properties Ltd
Notes to the Financial Statements
For the Period 20 February 2024 to 28 February 2025
Notes to the Financial Statements
1. General Information
Wintersett Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15508747 . The registered office is Unit 26, Churchfields Business Centre, Sidney Little Road, St Leonards-On-Sea, East Sussex, TN38 9AU.
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 represents rental income from investment properties and is recognised on a straight-line basis over the period of the lease.
Income excludes value added tax and represents amounts receivable under operating leases, together with any service charge income where the company acts as principal.
Rent received in advance is deferred and recognised in the period to which it relates.
2.3. 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.
2.4. 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 period, 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 period was: 2
2
4. Investment Property

| 28 February 2025
--- | ---
| £
Fair Value
As at 20 February 2024 | -
Additions | 5,601,906
Fair value adjustments | 2,148,094
As at 28 February 2025 | 7,750,000

Page 3
Page 4
Wintersett Properties Ltd
Notes to the Financial Statements (continued)
For the Period 20 February 2024 to 28 February 2025
5. Debtors

| 28 February 2025
--- | ---
| £
Due within one year
Trade debtors | 12,632

6. Creditors: Amounts Falling Due Within One Year

| 28 February 2025
--- | ---
| £
Bank loans and overdrafts | 162,678
Other creditors | 17,035
Taxation and social security | 33,218
| 212,931

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

| 28 February 2025
--- | ---
| £
Bank loans | 1,575,574
Other creditors | 3,117,531
| 4,693,105

8. Share Capital

| 28 February 2025
--- | ---
Allotted, called up and fully paid | £
700,100 Ordinary Shares of £ 1.00 each | 700,100

Shares issued during the period: | £
7,860,100 Ordinary Shares of £ 1.00 each | 7,860,100

Shares disposed during the period: | £
7,160,000 Ordinary Shares of £ 1.00 each | (7,160,000)

9. Other Commitments
The company leases its investment properties under non-cancellable operating leases which expire in 2059. Rents are payable monthly in advance and are subject to five-yearly market rent reviews throughout the term of the leases.
The total future minimum lease payments receivable under these leases, which are not discounted to present value, are as follows:

| 28 February 2025
--- | ---
| £
Not later than one year | 638,500
Later than one year and not later than five years | 2,554,000
Later than five years | 18,924,673
| 22,117,173

Page 4
Page 5
Wintersett Properties Ltd
Notes to the Financial Statements (continued)
For the Period 20 February 2024 to 28 February 2025
The above leases are with a related party and were entered into on normal commercial terms.
10. Reserves

| Fair Value Reserve
--- | ---
| £
Transfer from profit and loss | 1,672,296
As at 28 February 2025 | 1,672,296

11. Secured Debt
Bank loans are secured by way of fixed charge over the investment property that they relate to.
Page 5