Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09966911 Mr Julian Craddock Mrs Gwyneth Craddock Mr Richard Craddock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09966911 2024-03-31 09966911 2025-03-31 09966911 2024-04-01 2025-03-31 09966911 frs-core:CurrentFinancialInstruments 2025-03-31 09966911 frs-core:Non-currentFinancialInstruments 2025-03-31 09966911 frs-core:FurnitureFittings 2025-03-31 09966911 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09966911 frs-core:FurnitureFittings 2024-03-31 09966911 frs-core:ShareCapital 2025-03-31 09966911 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09966911 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09966911 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09966911 frs-bus:SmallEntities 2024-04-01 2025-03-31 09966911 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09966911 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09966911 frs-bus:Director1 2024-04-01 2025-03-31 09966911 frs-bus:Director2 2024-04-01 2025-03-31 09966911 frs-bus:Director3 2024-04-01 2025-03-31 09966911 frs-countries:EnglandWales 2024-04-01 2025-03-31 09966911 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-03-31 09966911 2023-03-31 09966911 2024-03-31 09966911 2023-04-01 2024-03-31 09966911 frs-core:CurrentFinancialInstruments 2024-03-31 09966911 frs-core:Non-currentFinancialInstruments 2024-03-31 09966911 frs-core:ShareCapital 2024-03-31 09966911 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09966911
Rodmill Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09966911
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,224 10,249
Investment Properties 5 2,398,712 2,102,330
2,407,936 2,112,579
CURRENT ASSETS
Cash at bank and in hand - 3,124
- 3,124
Creditors: Amounts Falling Due Within One Year 6 (446,628 ) (223,012 )
NET CURRENT ASSETS (LIABILITIES) (446,628 ) (219,888 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,961,308 1,892,691
Creditors: Amounts Falling Due After More Than One Year 7 (1,372,000 ) (1,372,000 )
NET ASSETS 589,308 520,691
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 589,208 520,591
SHAREHOLDERS' FUNDS 589,308 520,691
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
Mr Julian Craddock
Director
29 December 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Rodmill Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09966911 . The registered office is C/O Richardson & Co, 13 Oxford Road, Altrincham, WA14 2DY.
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 rental income received. 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 10% 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. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

A financial asset or financial liability is recognised initially at its fair value. At the end of each reporting period the fair value of each financial instrument is considered and changes in the fair value recognised in the profit and loss.

If a reliable measure of fair value is not available for an equity instrument its fair value at the last date the instrument was reliably measurable is treated as the cost of the instrument less impairment until a reliable measure of fair value becomes available.

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.
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2.7. Finance Costs
Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
2.8. Borrowings Costs
All borrowing costs are recognised in the Statement of comprehensive income in the period in which they incurred.
2.9. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 22,154
As at 31 March 2025 22,154
Depreciation
As at 1 April 2024 11,905
Provided during the period 1,025
As at 31 March 2025 12,930
Net Book Value
As at 31 March 2025 9,224
As at 1 April 2024 10,249
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 2,102,330
Additions 296,382
As at 31 March 2025 2,398,712
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 16,837 -
Corporation tax 20,367 15,464
Other creditors 18,663 18,434
Accruals and deferred income 3,408 1,704
Directors' loan accounts 387,353 187,410
446,628 223,012
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.
The bank loans are secured on the assets of the Company.
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,372,000 1,372,000
The bank loans  are secured on the assets of the Company
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans - 1,372,000
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The Company was under the control of the directors throughout the current period. The balance owed to the directors by the Company at 31 March 2025 was £387,353  ( 2024 £187,410).
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