Acorah Software Products - Accounts Production 16.8.310 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 12867801 Mr Mark Noe Ms Marion Cornish iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12867801 2024-06-30 12867801 2025-06-30 12867801 2024-07-01 2025-06-30 12867801 frs-core:CurrentFinancialInstruments 2025-06-30 12867801 frs-core:Non-currentFinancialInstruments 2025-06-30 12867801 frs-core:RevaluationReserve 2024-06-30 12867801 frs-core:RevaluationReserve 2025-06-30 12867801 frs-core:ShareCapital 2025-06-30 12867801 frs-core:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 12867801 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-06-30 12867801 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 12867801 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 12867801 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 12867801 frs-bus:SmallEntities 2024-07-01 2025-06-30 12867801 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 12867801 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 12867801 frs-bus:Director1 2024-07-01 2025-06-30 12867801 frs-bus:Director2 2024-07-01 2025-06-30 12867801 frs-core:CurrentFinancialInstruments 1 2025-06-30 12867801 frs-countries:EnglandWales 2024-07-01 2025-06-30 12867801 2023-06-30 12867801 2024-06-30 12867801 2023-07-01 2024-06-30 12867801 frs-core:CurrentFinancialInstruments 2024-06-30 12867801 frs-core:Non-currentFinancialInstruments 2024-06-30 12867801 frs-core:RevaluationReserve 2024-06-30 12867801 frs-core:ShareCapital 2024-06-30 12867801 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12867801 frs-core:CurrentFinancialInstruments 1 2024-06-30
Registered number: 12867801
Gale Properties Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Gale Properties Limited
Contents
Contents

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

Page 1
Gale Properties Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 12867801

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 1,191,651 |  | 1,191,651
|  |  | 1,191,651 |  | 1,191,651
CURRENT ASSETS
Cash at bank and in hand |  | 10,402 |  | 12,277 |
|  | 10,402 |  | 12,277 |
Creditors: Amounts Falling Due Within One Year | 5 | (128,103 ) |  | (137,402 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (117,701 ) |  | (125,125 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,073,950 |  | 1,066,526
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (696,440 ) |  | (696,440 )
NET ASSETS |  |  | 377,510 |  | 370,086
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Revaluation reserve | 8 |  | 348,648 |  | 348,648
Profit and Loss Account |  |  | 28,762 |  | 21,338
SHAREHOLDERS' FUNDS |  |  | 377,510 |  | 370,086

Page 1
Page 2
Gale Properties Limited
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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 Mark Noe Director
20/03/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Gale Properties Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Gale Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12867801 . The registered office is 23a Bridge Street, Framlingam, Woodbridge, IP13 9AH.
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 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.
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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2024: NIL)
- -
Page 3
Page 4
Gale Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 July 2024 and 30 June 2025 | 1,191,651

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 394 |  | 840
Corporation tax | 1,742 |  | 1,075
Other creditors | - |  | 10,000
Inter company account | 67,127 |  | 67,487
Accruals and deferred income | 840 |  | -
Directors' loan accounts | 58,000 |  | 58,000
| 128,103 |  | 137,402

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 696,440 |  | 696,440

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

8. Reserves

| Revaluation reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 July 2024 | 348,648 | 21,338
Profit for the year and total comprehensive income | - | 7,424
As at 30 June 2025 | 348,648 | 28,762

Page 4
Page 5
Gale Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
9. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr M Noe totalling £19,000 (2024 - £19,000), no interest is to be charged.
Included in the Other Creditors is an amount owed to the company director Mrs M Cornish totalling £39,000 (2024 - £39,000), no interest is to be charged.
Included in the Other Creditors is an amount owed to Maberley Properties Ltd totalling £67,127 (2024 - £67,487), for which Mr M Noe & Mrs M Cornish are directors. No interest is to be charged and no repayment terms have been agreed.
Page 5