Acorah Software Products - Accounts Production 16.8.310 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 09374427 Mr David Florence iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09374427 2024-05-31 09374427 2025-05-31 09374427 2024-06-01 2025-05-31 09374427 frs-core:CurrentFinancialInstruments 2025-05-31 09374427 frs-core:Non-currentFinancialInstruments 2025-05-31 09374427 frs-core:ComputerEquipment 2025-05-31 09374427 frs-core:ComputerEquipment 2024-06-01 2025-05-31 09374427 frs-core:ComputerEquipment 2024-05-31 09374427 frs-core:ShareCapital 2025-05-31 09374427 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 09374427 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09374427 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 09374427 frs-bus:SmallEntities 2024-06-01 2025-05-31 09374427 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09374427 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09374427 frs-bus:Director1 2024-06-01 2025-05-31 09374427 frs-countries:EnglandWales 2024-06-01 2025-05-31 09374427 2023-05-31 09374427 2024-05-31 09374427 2023-06-01 2024-05-31 09374427 frs-core:CurrentFinancialInstruments 2024-05-31 09374427 frs-core:Non-currentFinancialInstruments 2024-05-31 09374427 frs-core:ShareCapital 2024-05-31 09374427 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 09374427
Grayson Florence Property Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Park Lane Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09374427
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,025 564
1,025 564
CURRENT ASSETS
Debtors 5 40,273 35,103
40,273 35,103
Creditors: Amounts Falling Due Within One Year 6 (60,165 ) (53,227 )
NET CURRENT ASSETS (LIABILITIES) (19,892 ) (18,124 )
TOTAL ASSETS LESS CURRENT LIABILITIES (18,867 ) (17,560 )
Creditors: Amounts Falling Due After More Than One Year 7 (2,866 ) (7,966 )
NET LIABILITIES (21,733 ) (25,526 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (21,734 ) (25,527 )
SHAREHOLDERS' FUNDS (21,733) (25,526)
Page 1
Page 2
For the year ending 31 May 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 David Florence
Director
12/12/2025
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
Grayson Florence Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09374427 . The registered office is 6 Prince Maurice House, Cavalier Court, Bumpers Way, Bumpers Farm, Chippenham, Wiltshire, SN14 6LH.
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:
Computer Equipment 25% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2024 1,960
Additions 916
Disposals (195 )
As at 31 May 2025 2,681
Depreciation
As at 1 June 2024 1,396
Provided during the period 260
As at 31 May 2025 1,656
Net Book Value
As at 31 May 2025 1,025
As at 1 June 2024 564
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Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 2,142
Other debtors 40,273 32,961
40,273 35,103
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,915 2,316
Bank loans and overdrafts 28,252 29,980
Other creditors 25,805 20,928
Taxation and social security 3,193 3
60,165 53,227
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,866 7,966
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4