Acorah Software Products - Accounts Production 16.8.310 false true true 30 September 2024 1 May 2023 false 1 October 2024 30 September 2025 30 September 2025 SC728797 Mr A Black Mrs L M Black iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC728797 2024-09-30 SC728797 2025-09-30 SC728797 2024-10-01 2025-09-30 SC728797 frs-core:CurrentFinancialInstruments 2025-09-30 SC728797 frs-core:Non-currentFinancialInstruments 2025-09-30 SC728797 frs-core:InvestmentPropertyIncludedWithinPPE 2025-09-30 SC728797 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-01 2025-09-30 SC728797 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-30 SC728797 frs-core:ShareCapital 2025-09-30 SC728797 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 SC728797 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC728797 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 SC728797 frs-bus:SmallEntities 2024-10-01 2025-09-30 SC728797 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC728797 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC728797 frs-core:CostValuation 2024-09-30 SC728797 frs-core:CostValuation 2025-09-30 SC728797 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 SC728797 frs-core:ProvisionsForImpairmentInvestments 2025-09-30 SC728797 frs-bus:Director1 2024-10-01 2025-09-30 SC728797 frs-bus:Director2 2024-10-01 2025-09-30 SC728797 frs-countries:Scotland 2024-10-01 2025-09-30 SC728797 2023-04-30 SC728797 2024-09-30 SC728797 2023-05-01 2024-09-30 SC728797 frs-core:CurrentFinancialInstruments 2024-09-30 SC728797 frs-core:Non-currentFinancialInstruments 2024-09-30 SC728797 frs-core:ShareCapital 2024-09-30 SC728797 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: SC728797
Flying Colours Property Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Flying Colours Property Limited
Contents
Contents

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

Page 1
Flying Colours Property Limited
Balance Sheet
As At 30 September 2025
Balance Sheet
Registered number: SC728797

| 30 September 2025 | 30 September 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,224,531 |  | 2,186,620
Investments | 5 |  | 1 |  | 1
|  |  | 2,224,532 |  | 2,186,621
CURRENT ASSETS
Debtors | 6 | 999 |  | 999 |
Cash at bank and in hand |  | 16,405 |  | 28,105 |
|  | 17,404 |  | 29,104 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,035,275 ) |  | (962,935 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,017,871 ) |  | (933,831 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,206,661 |  | 1,252,790
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,275,884 ) |  | (1,374,231 )
NET LIABILITIES |  |  | (69,223 ) |  | (121,441 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1 |  | 1
Profit and Loss Account |  |  | (69,224 ) |  | (121,442 )
SHAREHOLDERS' FUNDS |  |  | (69,223) |  | (121,441)

Page 1
Page 2
Flying Colours Property Limited
Balance Sheet (continued)
As At 30 September 2025
For the year ending 30 September 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 A Black Director
5 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Flying Colours Property Limited
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
Flying Colours Property Limited is a private company, limited by shares, incorporated in Scotland, registered number SC728797 . The registered office is 534 Queensferry Road, Edinburgh, EH4 6EE.
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 yearend the company was in a net current liability position. The directors have confirmed that they will continue to support the company meet its financial obligations for the next 12 months from the date of these accounts. The accounts have therefore been prepared on a going concern basis.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
2.5. Investment Properties
Investment properties are initially measured at cost, including transaction costs. Subsequently, they are stated at cost until revalued. Revaluation to fair value is performed when reliable measurements become available, with changes in fair value recognised in the profit and loss account. No depreciation is provided for.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
Flying Colours Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost
As at 1 October 2024 | 2,186,620
Additions | 37,911
As at 30 September 2025 | 2,224,531
Net Book Value
As at 30 September 2025 | 2,224,531
As at 1 October 2024 | 2,186,620

5. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 October 2024 | 1
As at 30 September 2025 | 1
Provision
As at 1 October 2024 | -
As at 30 September 2025 | -
Net Book Value
As at 30 September 2025 | 1
As at 1 October 2024 | 1

6. Debtors

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by related parties | 999 |  | 999

Page 4
Page 5
Flying Colours Property Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
7. Creditors: Amounts Falling Due Within One Year

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 710 |  | 710
Bank loans and overdrafts | 44,636 |  | 59,059
VAT | 7,144 |  | 1,366
Accruals and deferred income | 1,300 |  | 900
Directors' loan accounts | 450,110 |  | 408,509
Amounts owed to related parties | 531,375 |  | 492,391
| 1,035,275 |  | 962,935

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

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 988,591 |  | 1,374,231
Directors loan account | 287,293 |  | -
| 1,275,884 |  | 1,374,231

9. Share Capital

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

10. Related Party Transactions
At 30 September 2025, the company owed £531,375 (2024: £492,391) to Flying Colours Nurseries Limited, a company with common directors. The company was owed £999 (2024: £999) from Flying Colours Cammo Limited, a subsidiary undertaking.
Also at 30 September 2025, the company owed £737,403 (2024: £408,509) to the directors. The loan is interest free and repayable on demand.
Page 5