Acorah Software Products - Accounts Production 16.7.461 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 09751603 Mr Simon Ithell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09751603 2024-08-31 09751603 2025-08-31 09751603 2024-09-01 2025-08-31 09751603 frs-core:CurrentFinancialInstruments 2025-08-31 09751603 frs-core:Non-currentFinancialInstruments 2025-08-31 09751603 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 09751603 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 09751603 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 09751603 frs-core:ShareCapital 2025-08-31 09751603 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 09751603 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 09751603 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 09751603 frs-bus:SmallEntities 2024-09-01 2025-08-31 09751603 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 09751603 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 09751603 frs-bus:Director1 2024-09-01 2025-08-31 09751603 frs-core:Non-currentFinancialInstruments 1 2025-08-31 09751603 frs-core:Non-currentFinancialInstruments 2 2025-08-31 09751603 frs-core:Non-currentFinancialInstruments 3 2025-08-31 09751603 frs-core:Non-currentFinancialInstruments 4 2025-08-31 09751603 frs-countries:EnglandWales 2024-09-01 2025-08-31 09751603 2023-08-31 09751603 2024-08-31 09751603 2023-09-01 2024-08-31 09751603 frs-core:CurrentFinancialInstruments 2024-08-31 09751603 frs-core:Non-currentFinancialInstruments 2024-08-31 09751603 frs-core:ShareCapital 2024-08-31 09751603 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09751603 frs-core:Non-currentFinancialInstruments 1 2024-08-31 09751603 frs-core:Non-currentFinancialInstruments 2 2024-08-31 09751603 frs-core:Non-currentFinancialInstruments 3 2024-08-31 09751603 frs-core:Non-currentFinancialInstruments 4 2024-08-31
Registered number: 09751603
I S T Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Swift Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09751603
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,197,252 1,197,252
1,197,252 1,197,252
CURRENT ASSETS
Cash at bank and in hand 7,164 18,194
7,164 18,194
Creditors: Amounts Falling Due Within One Year 5 (272,136 ) (730,160 )
NET CURRENT ASSETS (LIABILITIES) (264,972 ) (711,966 )
TOTAL ASSETS LESS CURRENT LIABILITIES 932,280 485,286
Creditors: Amounts Falling Due After More Than One Year 6 (918,317 ) (514,263 )
NET ASSETS/(LIABILITIES) 13,963 (28,977 )
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 13,953 (28,987 )
SHAREHOLDERS' FUNDS 13,963 (28,977)
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Simon Ithell
Director
17/12/2025
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
I S T Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09751603 . The registered office is Swift Accountants, Chowley Court, Chowley Oak Lane, Tattenhall, Chester, CH3 9GA.
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:
Freehold 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 September 2024 1,197,252
As at 31 August 2025 1,197,252
Net Book Value
As at 31 August 2025 1,197,252
As at 1 September 2024 1,197,252
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
Other creditors - 442,337
Director's loan account 272,135 287,822
272,136 730,160
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Mortgage - 33 Bryn Coed - 73,419
Mortgage - 6 Ash Grove - 62,221
Mortgage- 7 Heol Caradoc - 45,918
Natwest Loan 918,317 332,705
918,317 514,263
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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