Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13197035 Mrs J C Craddock Mr S Craddock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13197035 2024-03-31 13197035 2025-03-31 13197035 2024-04-01 2025-03-31 13197035 frs-core:CurrentFinancialInstruments 2025-03-31 13197035 frs-core:ComputerEquipment 2025-03-31 13197035 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13197035 frs-core:ComputerEquipment 2024-03-31 13197035 frs-core:MotorVehicles 2025-03-31 13197035 frs-core:MotorVehicles 2024-04-01 2025-03-31 13197035 frs-core:MotorVehicles 2024-03-31 13197035 frs-core:ShareCapital 2025-03-31 13197035 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13197035 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13197035 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13197035 frs-bus:SmallEntities 2024-04-01 2025-03-31 13197035 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13197035 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13197035 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 13197035 frs-bus:OrdinaryShareClass1 2025-03-31 13197035 frs-bus:Director1 2024-04-01 2025-03-31 13197035 frs-bus:Director2 2024-04-01 2025-03-31 13197035 frs-countries:EnglandWales 2024-04-01 2025-03-31 13197035 2023-03-31 13197035 2024-03-31 13197035 2023-04-01 2024-03-31 13197035 frs-core:CurrentFinancialInstruments 2024-03-31 13197035 frs-core:ShareCapital 2024-03-31 13197035 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13197035 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 13197035
Oakfield Estates (Staffs) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13197035
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,119 210
Investment Properties 5 624,260 624,260
631,379 624,470
CURRENT ASSETS
Debtors 6 708 170
Cash at bank and in hand 7,468 9,064
8,176 9,234
Creditors: Amounts Falling Due Within One Year 7 (510,731 ) (543,105 )
NET CURRENT ASSETS (LIABILITIES) (502,555 ) (533,871 )
TOTAL ASSETS LESS CURRENT LIABILITIES 128,824 90,599
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,353 ) -
NET ASSETS 127,471 90,599
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 127,371 90,499
SHAREHOLDERS' FUNDS 127,471 90,599
Page 1
Page 2
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
Mrs J C Craddock
Director
14 December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oakfield Estates (Staffs) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13197035 . The registered office is Easton Court Barns, Easton, Kingsbridge, Devon, TQ7 3BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Rental Income
Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line baiss over the lease term.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Motor Vehicles - 25% on reducing balance
Computer Equipment - Straight line over 3 years
2.4. Investment Properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
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.
2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 - 629 629
Additions 9,492 - 9,492
As at 31 March 2025 9,492 629 10,121
Depreciation
As at 1 April 2024 - 419 419
Provided during the period 2,373 210 2,583
As at 31 March 2025 2,373 629 3,002
Net Book Value
As at 31 March 2025 7,119 - 7,119
As at 1 April 2024 - 210 210
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 624,260
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 708 170
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 8,950 7,379
Accruals and deferred income 6,755 6,904
Directors' loan accounts 495,026 528,822
510,731 543,105
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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