Acorah Software Products - Accounts Production 16.8.310 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 11482844 Mrs Tracy Jenkins Mr Mark Jenkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11482844 2024-07-31 11482844 2025-07-31 11482844 2024-08-01 2025-07-31 11482844 frs-core:CurrentFinancialInstruments 2025-07-31 11482844 frs-core:Non-currentFinancialInstruments 2025-07-31 11482844 frs-core:FurnitureFittings 2025-07-31 11482844 frs-core:FurnitureFittings 2024-08-01 2025-07-31 11482844 frs-core:FurnitureFittings 2024-07-31 11482844 frs-core:RevaluationReserve 2024-08-01 2025-07-31 11482844 frs-core:RevaluationReserve 2024-07-31 11482844 frs-core:RevaluationReserve 2025-07-31 11482844 frs-core:ShareCapital 2025-07-31 11482844 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 11482844 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 11482844 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 11482844 frs-bus:SmallEntities 2024-08-01 2025-07-31 11482844 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 11482844 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 11482844 frs-bus:Director1 2024-08-01 2025-07-31 11482844 frs-bus:Director2 2024-08-01 2025-07-31 11482844 frs-countries:EnglandWales 2024-08-01 2025-07-31 11482844 2023-07-31 11482844 2024-07-31 11482844 2023-08-01 2024-07-31 11482844 frs-core:CurrentFinancialInstruments 2024-07-31 11482844 frs-core:Non-currentFinancialInstruments 2024-07-31 11482844 frs-core:RevaluationReserve 2024-07-31 11482844 frs-core:ShareCapital 2024-07-31 11482844 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 11482844
MTJ Ferns Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
MATCH Accounting Limited
Portsmouth Technopole
Kingston Crescent
Portsmouth
Hampshire
PO2 8FA
MTJ Ferns Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
MTJ Ferns Ltd
Statement of Financial Position
As At 31 July 2025
Statement of Financial Position
Registered number: 11482844

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 5 |  | 938,501 |  | 1,089,001
|  |  | 938,501 |  | 1,089,001
CURRENT ASSETS
Debtors | 6 | 1,200 |  | - |
|  | 1,200 |  | - |
Creditors: Amounts Falling Due Within One Year | 7 | (42,943 ) |  | (94,830 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (41,743 ) |  | (94,830 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 896,758 |  | 994,171
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (711,950 ) |  | (745,457 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (98,750 ) |  | (85,595 )
NET ASSETS |  |  | 86,058 |  | 163,119
CAPITAL AND RESERVES
Called up share capital | 9 |  | 140 |  | 140
Revaluation reserve | 10 |  | 300,495 |  | 351,917
Income Statement |  |  | (214,577 ) |  | (188,938 )
SHAREHOLDERS' FUNDS |  |  | 86,058 |  | 163,119

Page 1
Page 2
MTJ Ferns Ltd
Statement of Financial Position (continued)
As At 31 July 2025
For the year ending 31 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 Income Statement.
On behalf of the board

Mrs Tracy Jenkins Director
09/02/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
MTJ Ferns Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
MTJ Ferns Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11482844 . The registered office is Portsmouth Technopole, Kingston Crescent, Portsmouth, Hampshire, PO2 8FA.
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
The directors have prepared forecasts which show that with careful cost control, the company will continue as a going concern for the foreseeable future. The financial statements have therefore been prepared on a going concern basis.
2.3. Turnover
Turnover relates to rents received from renting a property.
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:

Fixtures & Fittings | 25% straight line

2.5. 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 income statement.
2.6. 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 year 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.
...CONTINUED
Page 3
Page 4
MTJ Ferns Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.6. Taxation - continued
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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost or Valuation
As at 1 August 2024 | 2,374
As at 31 July 2025 | 2,374
Depreciation
As at 1 August 2024 | 2,374
As at 31 July 2025 | 2,374
Net Book Value
As at 31 July 2025 | -
As at 1 August 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 August 2024 | 1,089,001
Additions | 19,551
Disposals | (140,000 )
Revaluations | (30,051)
As at 31 July 2025 | 938,501

Page 4
Page 5
MTJ Ferns Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,200 |  | -

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 11
Bank loans and overdrafts | 21,961 |  | 19,649
Other creditors | 20,982 |  | 75,170
| 42,943 |  | 94,830

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 675,921 |  | 656,210
Other creditors | 36,029 |  | 89,247
| 711,950 |  | 745,457

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 140 |  | 140

10. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 August 2024 | 351,917
Net investment property revaluation reserve | (51,422 )
As at 31 July 2025 | 300,495

Page 5