Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13898589 Mr Salah Hussain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13898589 2024-03-31 13898589 2025-03-31 13898589 2024-04-01 2025-03-31 13898589 frs-core:CurrentFinancialInstruments 2025-03-31 13898589 frs-core:Non-currentFinancialInstruments 2025-03-31 13898589 frs-core:FurnitureFittings 2025-03-31 13898589 frs-core:FurnitureFittings 2024-04-01 2025-03-31 13898589 frs-core:FurnitureFittings 2024-03-31 13898589 frs-core:RevaluationReserve 2024-03-31 13898589 frs-core:RevaluationReserve 2025-03-31 13898589 frs-core:ShareCapital 2025-03-31 13898589 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13898589 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13898589 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13898589 frs-bus:SmallEntities 2024-04-01 2025-03-31 13898589 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13898589 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13898589 frs-bus:Director1 2024-04-01 2025-03-31 13898589 frs-countries:EnglandWales 2024-04-01 2025-03-31 13898589 2023-03-31 13898589 2024-03-31 13898589 2023-04-01 2024-03-31 13898589 frs-core:CurrentFinancialInstruments 2024-03-31 13898589 frs-core:Non-currentFinancialInstruments 2024-03-31 13898589 frs-core:RevaluationReserve 2024-03-31 13898589 frs-core:ShareCapital 2024-03-31 13898589 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13898589
The Exhibitionist Holdings Ltd
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: 13898589
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 520,000 -
Investment Properties 5 12,000,000 12,000,000
12,520,000 12,000,000
CURRENT ASSETS
Cash at bank and in hand 17,734 5,182
17,734 5,182
Creditors: Amounts Falling Due Within One Year 7 (5,077,164 ) (4,463,267 )
NET CURRENT ASSETS (LIABILITIES) (5,059,430 ) (4,458,085 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,460,570 7,541,915
Creditors: Amounts Falling Due After More Than One Year 8 (7,602,750 ) (7,540,000 )
NET (LIABILITIES)/ASSETS (142,180 ) 1,915
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 743,079 743,079
Profit and Loss Account (885,359 ) (741,264 )
SHAREHOLDERS' FUNDS (142,180) 1,915
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 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 Salah Hussain
Director
24/07/2025
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
The Exhibitionist Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13898589 . The registered office is 116-120 Sussex Gardens, London, W2 1UA.
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:
Fixtures & Fittings 20% of 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 -
Additions 650,000
As at 31 March 2025 650,000
Depreciation
As at 1 April 2024 -
Provided during the period 130,000
As at 31 March 2025 130,000
Net Book Value
As at 31 March 2025 520,000
As at 1 April 2024 -
Page 3
Page 4
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 12,000,000
6. Debtors
2025 2024
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 5,182 5,182
VAT 79,347 -
Accruals and deferred income - 1,500
Director's loan account 4,992,635 4,456,585
5,077,164 4,463,267
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 7,602,750 7,540,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Exhibitionist Hotel Ltd holds 100% shareholding.
10. Reserves
Revaluation Reserve
£
As at 1 April 2024 743,079
As at 31 March 2025 743,079
Page 4