Acorah Software Products - Accounts Production 16.8.310 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10791563 Mr Adam Lancaster Mr Joshua Stewart Mr Joshua Stewart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10791563 2024-05-31 10791563 2025-05-31 10791563 2024-06-01 2025-05-31 10791563 frs-core:CurrentFinancialInstruments 2025-05-31 10791563 frs-core:Non-currentFinancialInstruments 2025-05-31 10791563 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 10791563 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 10791563 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 10791563 frs-core:RevaluationReserve 2024-06-01 2025-05-31 10791563 frs-core:RevaluationReserve 2024-05-31 10791563 frs-core:RevaluationReserve 2025-05-31 10791563 frs-core:ShareCapital 2025-05-31 10791563 frs-core:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 10791563 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-05-31 10791563 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10791563 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10791563 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10791563 frs-bus:SmallEntities 2024-06-01 2025-05-31 10791563 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10791563 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10791563 frs-bus:Director1 2024-06-01 2025-05-31 10791563 frs-bus:Director2 2024-06-01 2025-05-31 10791563 frs-core:CurrentFinancialInstruments 1 2025-05-31 10791563 frs-core:Non-currentFinancialInstruments 1 2025-05-31 10791563 frs-core:Non-currentFinancialInstruments 2 2025-05-31 10791563 frs-core:CurrentFinancialInstruments 3 2025-05-31 10791563 frs-core:CurrentFinancialInstruments 4 2025-05-31 10791563 frs-core:Non-currentFinancialInstruments 4 2025-05-31 10791563 frs-core:Non-currentFinancialInstruments 6 2025-05-31 10791563 frs-countries:EnglandWales 2024-06-01 2025-05-31 10791563 2023-05-31 10791563 2024-05-31 10791563 2023-06-01 2024-05-31 10791563 frs-core:CurrentFinancialInstruments 2024-05-31 10791563 frs-core:Non-currentFinancialInstruments 2024-05-31 10791563 frs-core:RevaluationReserve 2024-05-31 10791563 frs-core:ShareCapital 2024-05-31 10791563 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10791563 frs-core:CurrentFinancialInstruments 1 2024-05-31 10791563 frs-core:Non-currentFinancialInstruments 1 2024-05-31 10791563 frs-core:Non-currentFinancialInstruments 2 2024-05-31 10791563 frs-core:CurrentFinancialInstruments 3 2024-05-31 10791563 frs-core:CurrentFinancialInstruments 4 2024-05-31 10791563 frs-core:Non-currentFinancialInstruments 4 2024-05-31 10791563 frs-core:Non-currentFinancialInstruments 6 2024-05-31
Registered number: 10791563
Channel View Estates Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Hargreaves & Co
Channel View Estates Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Channel View Estates Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 10791563

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,220,000 |  | 1,107,457
|  |  | 1,220,000 |  | 1,107,457
CURRENT ASSETS
Debtors | 5 | 26,591 |  | 15,303 |
Cash at bank and in hand |  | 17,220 |  | 11,367 |
|  | 43,811 |  | 26,670 |
Creditors: Amounts Falling Due Within One Year | 6 | (377,568 ) |  | (348,414 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (333,757 ) |  | (321,744 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 886,243 |  | 785,713
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (857,017 ) |  | (866,560 )
NET ASSETS/(LIABILITIES) |  |  | 29,226 |  | (80,847 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 300 |  | 300
Revaluation reserve | 9 |  | 341,543 |  | 229,000
Profit and Loss Account |  |  | (312,617 ) |  | (310,147 )
SHAREHOLDERS' FUNDS |  |  | 29,226 |  | (80,847)

Page 1
Page 2
Channel View Estates Limited
Balance Sheet (continued)
As At 31 May 2025
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 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 Adam Lancaster Director
23 January 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Channel View Estates Limited
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Channel View Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10791563 . The registered office is 94 Napier Road, Southsea, PO5 2RB.
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. Going Concern Disclosure
At the balance sheet date the companies liabilities exceeded it's assets and it's ability to trade is dependent on the financial support of the current directors and shareholders. Such financial support will continue to be made and these accounts have been prepared on the basis that the company will continue to trade normally.
2.3. 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.
2.4. 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 | 0%

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost or Valuation
As at 1 June 2024 | 1,107,457
Revaluation | 112,543
As at 31 May 2025 | 1,220,000
Net Book Value
As at 31 May 2025 | 1,220,000
As at 1 June 2024 | 1,107,457

Page 3
Page 4
Channel View Estates Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 525 |  | 491
Other debtors | 26,066 |  | 14,812
| 26,591 |  | 15,303

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
J Stewart | 171,009 |  | 167,553
A Lancaster | 193,877 |  | 179,721
Accrued expenses | 1,300 |  | 1,140
Deposits owed | 11,254 |  | -
Accruals and deferred income | 128 |  | -
| 377,568 |  | 348,414

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Precise mortgage | 282,462 |  | 282,535
Kensington mortgage | 301,805 |  | 301,975
Paragon mortgage | 272,750 |  | 272,750
A. Corp Ltd | - |  | 9,300
| 857,017 |  | 866,560

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 300 |  | 300

9. Reserves

| Revaluation reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 June 2024 | 229,000 | (310,147 )
Loss for year | - | (2,470)
Surplus on revaluation (Revaluation reserve) | 112,543 | -
Other comprehensive income for the year | 112,543 | -
Total comprehensive income for the year | 112,543 | (2,470 )
As at 31 May 2025 | 341,543 | (312,617 )

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