Acorah Software Products - Accounts Production 16.7.461 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12121947 Mr Andrew Collins Mr Paul Meyer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12121947 2024-07-31 12121947 2025-07-31 12121947 2024-08-01 2025-07-31 12121947 frs-core:CurrentFinancialInstruments 2025-07-31 12121947 frs-core:Non-currentFinancialInstruments 2025-07-31 12121947 frs-core:BetweenOneFiveYears 2025-07-31 12121947 frs-core:MotorVehicles 2025-07-31 12121947 frs-core:MotorVehicles 2024-08-01 2025-07-31 12121947 frs-core:MotorVehicles 2024-07-31 12121947 frs-core:PlantMachinery 2025-07-31 12121947 frs-core:PlantMachinery 2024-08-01 2025-07-31 12121947 frs-core:PlantMachinery 2024-07-31 12121947 frs-core:WithinOneYear 2025-07-31 12121947 frs-core:OtherReservesSubtotal 2025-07-31 12121947 frs-core:ShareCapital 2025-07-31 12121947 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12121947 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12121947 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12121947 frs-bus:SmallEntities 2024-08-01 2025-07-31 12121947 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12121947 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12121947 frs-bus:Director1 2024-08-01 2025-07-31 12121947 frs-bus:Director2 2024-08-01 2025-07-31 12121947 frs-countries:EnglandWales 2024-08-01 2025-07-31 12121947 2023-07-31 12121947 2024-07-31 12121947 2023-08-01 2024-07-31 12121947 frs-core:CurrentFinancialInstruments 2024-07-31 12121947 frs-core:Non-currentFinancialInstruments 2024-07-31 12121947 frs-core:BetweenOneFiveYears 2024-07-31 12121947 frs-core:WithinOneYear 2024-07-31 12121947 frs-core:OtherReservesSubtotal 2024-07-31 12121947 frs-core:ShareCapital 2024-07-31 12121947 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12121947
Meyson Properties Ltd.
Unaudited Financial Statements
For The Year Ended 31 July 2025
Accountants & Business Solutions Ltd
Meyson Properties Ltd.
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—8
Page 1
Meyson Properties Ltd.
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 12121947
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 45,008 60,007
Investment Properties 5 23,598,000 20,798,000
23,643,008 20,858,007
CURRENT ASSETS
Debtors 6 160,616 184,511
160,616 184,511
Creditors: Amounts Falling Due Within One Year 7 (4,301,175 ) (5,291,111 )
NET CURRENT ASSETS (LIABILITIES) (4,140,559 ) (5,106,600 )
TOTAL ASSETS LESS CURRENT LIABILITIES 19,502,449 15,751,407
Creditors: Amounts Falling Due After More Than One Year 8 (9,882,008 ) (6,339,165 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (994,734 ) (976,391 )
NET ASSETS 8,625,707 8,435,851
CAPITAL AND RESERVES
Called up share capital 11 1 1
Other reserves 4,000,000 4,000,000
Profit and Loss Account 4,625,706 4,435,850
SHAREHOLDERS' FUNDS 8,625,707 8,435,851
Page 1
Page 2
Meyson Properties Ltd.
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 Paul Meyer
Director
12th November 2025
The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Meyson Properties Ltd.
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Meyson Properties Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 12121947 . The registered office is Unit 4B, Austin Park, Yeoman Road, Ringwood, Hampshire, BH24 3FG.
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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
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. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
Meyson Properties Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 July 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 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: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost or Valuation
As at 1 August 2024 38,950 77,569 116,519
As at 31 July 2025 38,950 77,569 116,519
Depreciation
As at 1 August 2024 25,941 30,571 56,512
Provided during the period 3,250 11,749 14,999
As at 31 July 2025 29,191 42,320 71,511
Net Book Value
As at 31 July 2025 9,759 35,249 45,008
As at 1 August 2024 13,009 46,998 60,007
5. Investment Property
2025
£
Fair Value
As at 1 August 2024 20,798,000
Additions 2,715,387
Revaluations 84,613
As at 31 July 2025 23,598,000
Page 4
Page 5
Meyson Properties Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 73,694 52,939
Other debtors 86,922 131,572
160,616 184,511
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,767 24,249
Trade creditors 835,162 950,267
Bank loans and overdrafts 918,730 3,895,354
Other creditors 2,494,718 334,621
Taxation and social security 42,798 86,620
4,301,175 5,291,111
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 37,633 47,400
Bank loans 9,844,375 5,566,404
Other creditors - 725,361
9,882,008 6,339,165
9. Secured Creditors
Of the creditors the following amounts are secured.
The hire purchase liabilities are secured on the assets acquired with the loan.
The following legal charges are registered at Companies House:
Fixed & Floating Charge
Date:15/09/2019
Charge Code: 1212 1947 0001
Person Entitled: Lloyds Bank PLC
Brief description: NONE
(floating charge covers all the property of undertaking of the company)
Taken over from GPCI/1 LIMITED when the associated assets where transferred
Fixed & Floating Charge
Date:16/09/2019
Charge Code: 1212 1947 0002
Person Entitled: Lloyds Bank PLC
Brief description: THE FREEHOLD PROPERTIES KNOWN AS: PLOT 7 FOREST GATE BUSINESS PARK - NOW KNOWN AS UNITS 1, 2 AND 3 AUSTIN PARK , BH24 3FG; PLOT 9 FOREST GATE BUSINESS PARK, RINGWOOD, BH24 3FG; 2-4 WEST STREET, WAREHAM, DORSET, BH20 4JU; NEW UNIT AT 7 CROWN COURT, WIMBORNE, BH21 1JB; 62-64 NUFFIELD ROAD, NUFFIELD INDUSTRIAL ESTATE, POOLE,
BH17 0RS; 1 AND 4B, PHASE 1, AUSTIN PARK, FOREST GATE BUSINES PARK, TEOMAN ROAD, RINGWOOD, BH24 3FG; UNITS 22 AND 23 FANCY ROAD, POOLE AKA BRIXEY BUSINESS PARK, BH12 4PB; AND THE LEASEHOLD PREMISES KNOWN AS: SECOND FLOOR OFFICE, CROWN COURT, 6B THE SQUARE, WIMBORNE, BH21 1JA; 6 THE SQUARE, WIMBORNE, BH21 1JA; FIRST FLOOR OFFICE,CROWN COURT, 6B THE SQUARE, WIMBORNE, BH21 1JA; GROUND FLOOR SHOP, 5 CROWN CT, THE SQUARE, WIMBORNE, BH21 1LP; UNIT 1 CHEVRON BUSINESS PARK, LIMEKILN LANE, SO45 SQL
Taken over from GPCI/1 LIMITED whent he associated assets were transferred
Fixed & Floating Charge
...CONTINUED
Page 5
Page 6
Meyson Properties Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
9. Secured Creditors - continued
Date:25/09/2020
Charge Code: 1212 1947 0003
Person Entitled: Lloyds Bank PLC
Brief description: THE LAND AND BUILDINGS KNOWN LAND TO THE REAR OF 24 NORTH LODGE ROAD POOLE BH14 9BB 
REGISTERED AT HM LAND REGISTRY UNDER TITLE NUMBER DT102860
Fixed & Floating Charge
Date:17/12/2020
Charge Code: 1212 1947 0004
Person Entitled: Lloyds Bank PLC
Brief description: THE LAND AND BUILDINGS KNOWN AS 18 CORN MARKET, WIMBORNE, DORSET BH21 1JL 
REGISTERED AT HM LAND REGISTRY UNDER TITLE NUMBER DT385331
Fixed & Floating Charge
Date:24/06/2021
Charge Code: 1212 1947 0005
Person Entitled: Lloyds Bank PLC
Brief description: THE LAND AND BUILDINGS KNOWN AS 1 EAST BOROUGH, WIMBORNE, DORSET BH21 1PA 
REGISTERED AT HM LAND REGISTRY UNDER TITLE NUMBER DT332409
Fixed & Floating Charge
Date:17/09/2021
Charge Code: 1212 1947 0006
Person Entitled: Lloyds Bank PLC
Brief description: THE LAND AND BUILDINGS KNOWN AS IMBERS YARD LYING TO THE WEST OF WARREN ROAD, POOLE AND KNOWN AS 30 WARREN ROAD, POOLE BH14 9HP 
REGISTERED AT HM LAND REGISTRY UNDER TITLE NUMBER DT266482.
Fixed Charge
Date:29/10/2021
Charge Code: 1212 1917 0007
Person Entitled: Lendinvest BTL Limited
Brief description: 10, 11A AND 11B MELBOURNE ROAD, BOURNEMOUTH (BH8 8RG)
REGISTERED AT H.M. LAND REGISTRY WITH TITLE NUMBER DT52476.
Cross guarantee relating to Devon Bramble Ltd
Fixed & Floating Charge
Date:29/07/2022
Charge Code: 1212 1947 0008
Person Entitled: Lloyds Bank PLC
Brief description: BY WAY OF LEGAL MORTGAGE THE FREEHOLD PROPERTY KNOWN AS UNIT G1 THE FULCRUM, VANTAGE WAY, POOLE, DORSET, BH12 4NU.
Fixed & Floating Charge
Date:23/11/2022
Charge Code: 1212 1947 0009
Person Entitled: Lloyds Bank PLC
Brief description: BY WAY OF LEGAL MORTGAGE THE PROPERTY KNOWN AS LAND AT EMBANKMENT WAY, RINGWOOD, BH24 1EU
Fixed & Floating Charge
Date:19/05/2023
Charge Code: 1212 1947 0010
Person Entitled: Lloyds Bank PLC
Brief description: BY WAY OF LEGAL MORTGAGE THE FREEHOLD PROPERTY KNOWN AS OR BEING 17 CORN MARKET, WIMBORNE, DORSET, BH21 1JL
Fixed & Floating Charge
Date:19/05/2023
Charge Code: 1212 1947 0011
Person Entitled: Lloyds Bank PLC
Brief description: BY WAY OF LEGAL MORTGAGE THE FREEHOLD PROPERTY KNOWN AS
OR BEING LAND ON THE NORTH SIDE OF 15 CORN MARKET, WIMBORNE, DORSET, BH21 1JL
Fixed & Floating Charge
Date: 12/06/2024
Charge Code: 1212 1947 0012
Person Entitled: Lloyds Bank PLC
Brief description: Legal mortgage over the freehold property known as or being 3 east borough, wimborne, BH21 1PA and registered at hm land registry with title number DT82217.
Fixed & Floating Charge
...CONTINUED
Page 6
Page 7
Meyson Properties Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
9. Secured Creditors - continued
Date: 12/06/2024
Charge Code: 1212 1947 0013
Person Entitled: Lloyds Bank PLC
Brief description: Legal mortgage over the freehold property known as or being 7 east borough, wimborne, BH21 1PA and registered at hm land registry with title number DT81315.
Fixed & Floating Charge
Date: 12/06/2024
Charge Code: 1212 1947 0014
Person Entitled: Lloyds Bank PLC
Brief description :Legal mortgage over the freehold property known as or being 5 east borough, wimborne, BH21 1PA and registered at hm land registry with title number DT93756.
Fixed & Floating Charge
Date: 07/08/2024
Charge Code: 1212 1947 0015
Person Entitled: Lloyds Bank PLC
Brief description: Charge by way of legal mortgage over the freehold property known as or being unit 3 53-55 southcote road, bournemouth, BH1 3SH and unit 4 53 southcote road, bournemouth, BH1 3SH and registered at hm land registry with title numbers DT252714 and DT205709.
Fixed & Floating Charge
Date:24/09/2024
Charge Code: 1212 1947 0016
Person Entitled: Lloyds Bank PLC
Brief description: Legal mortgage over the freehold property known as or being wimborne acf hut, blind lane, wimborne, BH21 1NJ and registered at hm land registry with title number DT428255.
Fixed & Floating Charge
Date:18/06/2025
Charge Code: 1212 1947 0017
Person Entitled: Lloyds Bank PLC
Brief description: LEGAL CHARGE RELATING TO AZTEC CENTRE, NUFFIELD ROAD, NUFFIELD INDUSTRIAL ESTATE, POOLE BH17 0RT
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 47,400 71,649
Bank loans and overdrafts 10,763,105 9,761,758
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,767 24,249
Later than one year and not later than five years 37,633 47,400
47,400 71,649
47,400 71,649
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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Page 8
Meyson Properties Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
12. Related Party Transactions
Loans to related parties
Brixey Management Company Ltd, associated company with common directors £1,731 (2024 £1,726)
GP Commerical Investments Limited, associated company with common directors £100 (2024 £100)
Loans from related Parties
Jade Aden Interiors Limited, associated company with common directors £61,971 (2024 £61,971)
Graham Gibson - shareholder £725,361 (2024 £ 725,361)
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