Acorah Software Products - Accounts Production 16.7.461 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 09250964 Mr Matthew Yussuf Mr David Copeland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09250964 2024-06-30 09250964 2025-06-30 09250964 2024-07-01 2025-06-30 09250964 frs-core:CurrentFinancialInstruments 2025-06-30 09250964 frs-core:Non-currentFinancialInstruments 2025-06-30 09250964 frs-core:ComputerEquipment 2025-06-30 09250964 frs-core:ComputerEquipment 2024-07-01 2025-06-30 09250964 frs-core:ComputerEquipment 2024-06-30 09250964 frs-core:FurnitureFittings 2025-06-30 09250964 frs-core:FurnitureFittings 2024-07-01 2025-06-30 09250964 frs-core:FurnitureFittings 2024-06-30 09250964 frs-core:ShareCapital 2025-06-30 09250964 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 09250964 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 09250964 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 09250964 frs-bus:SmallEntities 2024-07-01 2025-06-30 09250964 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 09250964 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 09250964 frs-bus:Director1 2024-07-01 2025-06-30 09250964 frs-bus:Director2 2024-07-01 2025-06-30 09250964 frs-countries:EnglandWales 2024-07-01 2025-06-30 09250964 2023-06-30 09250964 2024-06-30 09250964 2023-07-01 2024-06-30 09250964 frs-core:CurrentFinancialInstruments 2024-06-30 09250964 frs-core:Non-currentFinancialInstruments 2024-06-30 09250964 frs-core:ShareCapital 2024-06-30 09250964 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 09250964
Copeland Yussuf (Properties) Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09250964
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,349 1,394
Investment Properties 5 425,850 425,850
427,199 427,244
CURRENT ASSETS
Debtors 6 - 6,500
Cash at bank and in hand 1,155 982
1,155 7,482
Creditors: Amounts Falling Due Within One Year 7 (73,804 ) (162,947 )
NET CURRENT ASSETS (LIABILITIES) (72,649 ) (155,465 )
TOTAL ASSETS LESS CURRENT LIABILITIES 354,550 271,779
Creditors: Amounts Falling Due After More Than One Year 8 (339,712 ) (259,567 )
NET ASSETS 14,838 12,212
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 14,738 12,112
SHAREHOLDERS' FUNDS 14,838 12,212
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Page 2
For the year ending 30 June 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 Matthew Yussuf
Director
03/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Copeland Yussuf (Properties) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09250964 . The registered office is The Old Barn Wood Street, Swanley, BR8 7PA.
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. 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:
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
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. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2024 4,238 579 4,817
Additions 194 - 194
As at 30 June 2025 4,432 579 5,011
Depreciation
As at 1 July 2024 3,062 361 3,423
Provided during the period 206 33 239
As at 30 June 2025 3,268 394 3,662
Net Book Value
As at 30 June 2025 1,164 185 1,349
As at 1 July 2024 1,176 218 1,394
5. Investment Property
2025
£
Fair Value
As at 1 July 2024 and 30 June 2025 425,850
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 6,500
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,000 950
Bank loans and overdrafts 18,296 -
Corporation tax 626 1,898
VAT 1,544 1,443
Directors' loan accounts 4,885 4,885
Amounts owed to related parties 47,453 153,771
73,804 162,947
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 339,712 259,567
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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