Acorah Software Products - Accounts Production 16.8.310 false true 1 July 2024 2 July 2023 false 2 July 2024 1 July 2025 1 July 2025 SC083632 Mrs J Minty Mr J McErlean Mrs S McErlean the Directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC083632 2024-07-01 SC083632 2025-07-01 SC083632 2024-07-02 2025-07-01 SC083632 frs-core:CurrentFinancialInstruments 2025-07-01 SC083632 frs-core:Non-currentFinancialInstruments 2025-07-01 SC083632 frs-core:RevaluationReserve 2024-07-02 2025-07-01 SC083632 frs-core:RevaluationReserve 2024-07-01 SC083632 frs-core:RevaluationReserve 2025-07-01 SC083632 frs-core:ShareCapital 2025-07-01 SC083632 frs-core:RetainedEarningsAccumulatedLosses 2025-07-01 SC083632 frs-bus:PrivateLimitedCompanyLtd 2024-07-02 2025-07-01 SC083632 frs-bus:FilletedAccounts 2024-07-02 2025-07-01 SC083632 frs-bus:SmallEntities 2024-07-02 2025-07-01 SC083632 frs-bus:AuditExempt-NoAccountantsReport 2024-07-02 2025-07-01 SC083632 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-02 2025-07-01 SC083632 1 2024-07-02 2025-07-01 SC083632 frs-bus:Director1 2024-07-02 2025-07-01 SC083632 frs-bus:Director1 2024-07-01 SC083632 frs-bus:Director1 2025-07-01 SC083632 frs-bus:Director2 2024-07-02 2025-07-01 SC083632 frs-bus:Director2 2024-07-01 SC083632 frs-bus:Director2 2025-07-01 SC083632 frs-bus:CompanySecretary1 2024-07-02 2025-07-01 SC083632 frs-core:Non-currentFinancialInstruments 1 2025-07-01 SC083632 frs-countries:Scotland 2024-07-02 2025-07-01 SC083632 2023-07-01 SC083632 2024-07-01 SC083632 2023-07-02 2024-07-01 SC083632 frs-core:CurrentFinancialInstruments 2024-07-01 SC083632 frs-core:Non-currentFinancialInstruments 2024-07-01 SC083632 frs-core:RevaluationReserve 2024-07-01 SC083632 frs-core:ShareCapital 2024-07-01 SC083632 frs-core:RetainedEarningsAccumulatedLosses 2024-07-01 SC083632 frs-core:Non-currentFinancialInstruments 1 2024-07-01
Registered number: SC083632
Malisna Limited
Unaudited Financial Statements
For The Year Ended 1 July 2025
Malisna Limited
Contents
Contents

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

Page 1
Malisna Limited
Balance Sheet
As At 1 July 2025
Balance Sheet
Registered number: SC083632

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 1,854,000 |  | 1,105,962
|  |  | 1,854,000 |  | 1,105,962
CURRENT ASSETS
Debtors | 5 | 327,625 |  | 333,236 |
Cash at bank and in hand |  | 79,682 |  | 49,173 |
|  | 407,307 |  | 382,409 |
Creditors: Amounts Falling Due Within One Year | 6 | (58,344 ) |  | (54,269 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 348,963 |  | 328,140
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,202,963 |  | 1,434,102
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (279,297 ) |  | (130,871 )
NET ASSETS |  |  | 1,923,666 |  | 1,303,231
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1,000 |  | 1,000
Revaluation reserve | 9 |  | 1,578,971 |  | 830,933
Profit and Loss Account |  |  | 343,695 |  | 471,298
SHAREHOLDERS' FUNDS |  |  | 1,923,666 |  | 1,303,231

Page 1
Page 2
Malisna Limited
Balance Sheet (continued)
As At 1 July 2025
For the year ending 1 July 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 J Minty Director | Mr J McErlean Director
6 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Malisna Limited
Notes to the Financial Statements
For The Year Ended 1 July 2025
Notes to the Financial Statements
1. General Information
Malisna Limited is a private company, limited by shares, incorporated in Scotland, registered number SC083632 . The registered office is 3 Beaufort Road, Edinburgh, EH9 1AG.
The presentation currency of the financial statements is the Pound Sterling (£).
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 represents income from the rental of investment properties, exclusive of value added tax.
2.3. 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.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 3
Page 4
Malisna Limited
Notes to the Financial Statements (continued)
For The Year Ended 1 July 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 2 July 2024 | 1,105,962
Revaluations | 748,038
As at 1 July 2025 | 1,854,000

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 275,030 |  | 275,030

Investment property was revalued on an open market basis on 7 January 2026 by the director.
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 10,750 |  | 16,361
Due after more than one year
Other debtors | 66,875 |  | 66,875
Other loan | 250,000 |  | 250,000
| 316,875 |  | 316,875
| 327,625 |  | 333,236

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 419 |  | 901
Corporation tax | 13,222 |  | 10,588
Other creditors | 44,703 |  | 42,694
Directors' loan accounts | - |  | 86
| 58,344 |  | 54,269

Page 4
Page 5
Malisna Limited
Notes to the Financial Statements (continued)
For The Year Ended 1 July 2025
7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 2 July 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 1 July 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mrs Jacqueline Minty | 200,000 | - | - | - | 200,000
Mr James McErlean | 50,000 | - | - | - | 50,000

The director Mrs J A Minty continued to be in receipt of a loan from the company. The company made a long term advance of £200,000 to assist with a property purchase. The loan is repayable on disposal of the property and ongoing interest will be accounted for via a personal benefit in kind. The director Mr J H McErlean continued to be in receipt of a loan from the company. The company made a long term advance of £50,000. Interest will be accounted for via a personal benefit in kind and there are no fixed terms of repayment.
9. Reserves

| Revaluation Reserve
--- | ---
| £
As at 2 July 2024 | 830,933
Surplus on revaluation | 748,038
As at 1 July 2025 | 1,578,971

10. Ultimate Controlling Party
The company's ultimate controlling party are the Directors by virtue of their ownership of 100% of the issued share capital in the company.
Page 5