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 SC533819 Mr Alastair Mcfarlane Mrs Sally Mcfarlane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC533819 2024-03-31 SC533819 2025-03-31 SC533819 2024-04-01 2025-03-31 SC533819 frs-core:CurrentFinancialInstruments 2025-03-31 SC533819 frs-core:ComputerEquipment 2025-03-31 SC533819 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC533819 frs-core:ComputerEquipment 2024-03-31 SC533819 frs-core:FurnitureFittings 2025-03-31 SC533819 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC533819 frs-core:FurnitureFittings 2024-03-31 SC533819 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 SC533819 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 SC533819 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 SC533819 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 SC533819 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 SC533819 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC533819 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC533819 frs-core:PlantMachinery 2025-03-31 SC533819 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC533819 frs-core:PlantMachinery 2024-03-31 SC533819 frs-core:ShareCapital 2025-03-31 SC533819 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC533819 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC533819 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC533819 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC533819 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC533819 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC533819 frs-bus:Director1 2024-04-01 2025-03-31 SC533819 frs-bus:Director2 2024-04-01 2025-03-31 SC533819 frs-countries:Scotland 2024-04-01 2025-03-31 SC533819 2023-03-31 SC533819 2024-03-31 SC533819 2023-04-01 2024-03-31 SC533819 frs-core:CurrentFinancialInstruments 2024-03-31 SC533819 frs-core:ShareCapital 2024-03-31 SC533819 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC533819 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: SC533819
Argyle Place Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Ashton McGill
Argyle Place Properties Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Argyle Place Properties Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: SC533819

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 551,102 |  | 624,480
Investment Properties | 5 |  | 1,945,590 |  | 1,945,590
|  |  | 2,496,692 |  | 2,570,070
CURRENT ASSETS
Debtors | 6 | 55,280 |  | 36,184 |
Cash at bank and in hand |  | 20,733 |  | 16,474 |
|  | 76,013 |  | 52,658 |
Creditors: Amounts Falling Due Within One Year | 7 | (3,583,170 ) |  | (3,387,482 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (3,507,157 ) |  | (3,334,824 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (1,010,465 ) |  | (764,754 )
NET LIABILITIES |  |  | (1,010,465 ) |  | (764,754 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (1,010,565 ) |  | (764,854 )
SHAREHOLDERS' FUNDS |  |  | (1,010,465) |  | (764,754)

Page 1
Page 2
Argyle Place Properties Limited
Balance Sheet (continued)
As At 31 March 2025
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 Sally Mcfarlane Director
31/12/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Argyle Place Properties Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Argyle Place Properties Limited is a private company, limited by shares, incorporated in Scotland, registered number SC533819 . The registered office is 25-28 Argyle Place, Edinburgh, Midlothian, Scotland, EH9 1JJ.
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 | 10% SL
Leasehold | 0
Plant & Machinery | 20% SL
Fixtures & Fittings | 20% SL
Computer Equipment | 20% SL

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: 17 (2024: 13)
17 13
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Leasehold | Plant & Machinery | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 April 2024 | 282,789 | 349,830 | 129,102 | 95,456
As at 31 March 2025 | 282,789 | 349,830 | 129,102 | 95,456

...CONTINUED
Page 3
Page 4
Argyle Place Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024 | 96,288 | 2,332 | 66,317 | 68,160
Provided during the period | 28,279 | - | 25,820 | 19,091
As at 31 March 2025 | 124,567 | 2,332 | 92,137 | 87,251
Net Book Value
As at 31 March 2025 | 158,222 | 347,498 | 36,965 | 8,205
As at 1 April 2024 | 186,501 | 347,498 | 62,785 | 27,296

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 April 2024 | 939 | 858,116
As at 31 March 2025 | 939 | 858,116
Depreciation
As at 1 April 2024 | 539 | 233,636
Provided during the period | 188 | 73,378
As at 31 March 2025 | 727 | 307,014
Net Book Value
As at 31 March 2025 | 212 | 551,102
As at 1 April 2024 | 400 | 624,480

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 1,974,383
Depreciation and impairment | (28,793 )
As at 31 March 2025 | 1,945,590

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 1,974,383 |  | 1,974,383
Accumulated depreciation and impairment | 28,793 |  | 28,793
Carrying amount | 1,945,590 |  | 1,945,590

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 5,000 |  | 5,000
Prepayments and accrued income | 6,510 |  | -
Other debtors | 43,770 |  | 31,184
| 55,280 |  | 36,184

Page 4
Page 5
Argyle Place Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 19,293 |  | 63,882
Bank loans and overdrafts | - |  | 1,902
Other taxes and social security | 101,636 |  | 32,416
VAT | 132,992 |  | 17,954
Pension Payable | 10,782 |  | 1,096
Other creditors. | - |  | 1,436
Directors' loan accounts | 3,318,467 |  | 3,268,796
| 3,583,170 |  | 3,387,482

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5