Acorah Software Products - Accounts Production 17.1.130 false true false 23 May 2024 31 May 2025 31 May 2025 15737923 Mr Thomas Jones Mr Jack Lacey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15737923 2024-05-22 15737923 2025-05-31 15737923 2024-05-23 2025-05-31 15737923 frs-core:CurrentFinancialInstruments 2025-05-31 15737923 frs-core:Non-currentFinancialInstruments 2025-05-31 15737923 frs-core:ShareCapital 2025-05-31 15737923 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 15737923 frs-bus:PrivateLimitedCompanyLtd 2024-05-23 2025-05-31 15737923 frs-bus:FilletedAccounts 2024-05-23 2025-05-31 15737923 frs-bus:SmallEntities 2024-05-23 2025-05-31 15737923 frs-bus:AuditExempt-NoAccountantsReport 2024-05-23 2025-05-31 15737923 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-23 2025-05-31 15737923 frs-bus:Director1 2024-05-23 2025-05-31 15737923 frs-bus:Director2 2024-05-23 2025-05-31 15737923 frs-countries:EnglandWales 2024-05-23 2025-05-31
Registered number: 15737923
The Property Refurb Group Limited
Unaudited Financial Statements
For the Period 23 May 2024 to 31 May 2025
DRP Partners Ltd
The Property Refurb Group Limited
Contents
Contents

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

Page 1
The Property Refurb Group Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 15737923

| 31 May 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 304,647
|  |  | 304,647
CURRENT ASSETS
Debtors | 5 | 150 |
Cash at bank and in hand |  | 1,517 |
|  | 1,667 |
Creditors: Amounts Falling Due Within One Year | 6 | (116,600 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (114,933 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 189,714
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (247,000 )
NET LIABILITIES |  |  | (57,286 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100
Profit and Loss Account |  |  | (57,386 )
SHAREHOLDERS' FUNDS |  |  | (57,286)

Page 1
Page 2
The Property Refurb Group Limited
Balance Sheet (continued)
As At 31 May 2025
For the period 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 Jack Lacey Director
06/03/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
The Property Refurb Group Limited
Notes to the Financial Statements
For the Period 23 May 2024 to 31 May 2025
Notes to the Financial Statements
1. General Information
The Property Refurb Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15737923 . The registered office is 91 Wellington Street, Luton, LU1 5AF.
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. Significant judgements and estimations
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.
There are no significant judgements or estimates involved in the preparation of the financial statements.
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. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investment Property

| 31 May 2025
--- | ---
| £
Fair Value
As at 23 May 2024 | -
Additions | 304,647
As at 31 May 2025 | 304,647

5. Debtors

| 31 May 2025
--- | ---
| £
Due within one year
Other debtors | 150

Page 3
Page 4
The Property Refurb Group Limited
Notes to the Financial Statements (continued)
For the Period 23 May 2024 to 31 May 2025
6. Creditors: Amounts Falling Due Within One Year

| 31 May 2025
--- | ---
| £
Trade creditors | (1 )
Other creditors | 116,601
| 116,600

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

| 31 May 2025
--- | ---
| £
Bank loans | 247,000

8. Secured Creditors
The bank loan is secured by way of fixed and floating charge on the property and other assets of the company and contains a negative pledge.
Of the creditors the following amounts are secured.

| 31 May 2025
--- | ---
| £
Bank loans and overdrafts | 247,000

9. Share Capital

| 31 May 2025
--- | ---
| £
Allotted, Called up and fully paid | 100

10. Related Party Transactions
Included in other creditors is an amount of £101,961 owed to a director of the company. The amount is interest free and repayable on demand.
Included in other debtors is an amount of £13,500 owed by a connected company under a common directorship. The amount is interest free and repayable on demand.
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