Acorah Software Products - Accounts Production 16.7.461 false true false 8 July 2024 31 July 2025 31 July 2025 15824556 Mr T M Felix Mr J E Felix iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15824556 2024-07-07 15824556 2025-07-31 15824556 2024-07-08 2025-07-31 15824556 frs-core:CurrentFinancialInstruments 2025-07-31 15824556 frs-core:ComputerEquipment 2025-07-31 15824556 frs-core:ComputerEquipment 2024-07-08 2025-07-31 15824556 frs-core:ComputerEquipment 2024-07-07 15824556 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 15824556 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-08 2025-07-31 15824556 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-07 15824556 frs-core:ShareCapital 2025-07-31 15824556 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 15824556 frs-bus:PrivateLimitedCompanyLtd 2024-07-08 2025-07-31 15824556 frs-bus:FilletedAccounts 2024-07-08 2025-07-31 15824556 frs-bus:SmallEntities 2024-07-08 2025-07-31 15824556 frs-bus:AuditExempt-NoAccountantsReport 2024-07-08 2025-07-31 15824556 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-08 2025-07-31 15824556 frs-bus:OrdinaryShareClass2 2024-07-08 2025-07-31 15824556 frs-bus:OrdinaryShareClass2 2025-07-31 15824556 frs-bus:OrdinaryShareClass3 2024-07-08 2025-07-31 15824556 frs-bus:OrdinaryShareClass3 2025-07-31 15824556 frs-bus:Director1 2024-07-08 2025-07-31 15824556 frs-bus:Director2 2024-07-08 2025-07-31 15824556 frs-countries:EnglandWales 2024-07-08 2025-07-31
Registered number: 15824556
Felix Property and Maintenance Ltd
Unaudited Financial Statements
For the Period 8 July 2024 to 31 July 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15824556
31 July 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 2,100,750
2,100,750
CURRENT ASSETS
Debtors 5 5,283
Cash at bank and in hand 116,864
122,147
Creditors: Amounts Falling Due Within One Year 6 (2,141,466 )
NET CURRENT ASSETS (LIABILITIES) (2,019,319 )
TOTAL ASSETS LESS CURRENT LIABILITIES 81,431
NET ASSETS 81,431
CAPITAL AND RESERVES
Called up share capital 7 200
Profit and Loss Account 81,231
SHAREHOLDERS' FUNDS 81,431
For the period 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 J E Felix
Director
12 December 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Felix Property and Maintenance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15824556 . The registered office is 5 Lawnsfield Walk, Parkside, Stafford, Staffordshire, ST16 1TS.
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 lesses is recognised on a straight-line basis over the lease term.
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:
Computer Equipment 25% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 2
Page 3
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 8 July 2024 - - -
Additions 2,100,251 624 2,100,875
As at 31 July 2025 2,100,251 624 2,100,875
Depreciation
As at 8 July 2024 - - -
Provided during the period - 125 125
As at 31 July 2025 - 125 125
Net Book Value
As at 31 July 2025 2,100,251 499 2,100,750
As at 8 July 2024 - - -
Cost or valuation as at 31 July 2025 represented by:
Land & Property
Freehold Computer Equipment Total
£ £ £
At cost - 624 624
At valuation 2,100,251 - 2,100,251
2,100,251 624 2,100,875
5. Debtors
31 July 2025
£
Due within one year
Trade debtors 3,767
Prepayments and accrued income 1,516
5,283
6. Creditors: Amounts Falling Due Within One Year
31 July 2025
£
Corporation tax 24,438
VAT 4,173
Accruals and deferred income 11,513
Directors' loan accounts 2,101,342
2,141,466
Page 3
Page 4
7. Share Capital
31 July 2025
Allotted, called up but not fully paid £
100 Ordinary A shares of £ 1.00 each 100
100 Ordinary B shares of £ 1.00 each 100
200
Shares issued during the period: £
100 Ordinary A shares of £ 1.00 each 100
100 Ordinary B shares of £ 1.00 each 100
200
Page 4