Acorah Software Products - Accounts Production 18.1.170 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 13508610 Mr James Shanahan Mrs Amanda Shanahan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13508610 2024-07-31 13508610 2025-07-31 13508610 2024-08-01 2025-07-31 13508610 frs-core:CurrentFinancialInstruments 2025-07-31 13508610 frs-core:Non-currentFinancialInstruments 2025-07-31 13508610 frs-core:ComputerEquipment 2025-07-31 13508610 frs-core:ComputerEquipment 2024-08-01 2025-07-31 13508610 frs-core:ComputerEquipment 2024-07-31 13508610 frs-core:SharePremium 2025-07-31 13508610 frs-core:ShareCapital 2025-07-31 13508610 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 13508610 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 13508610 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 13508610 frs-bus:SmallEntities 2024-08-01 2025-07-31 13508610 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 13508610 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 13508610 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-07-31 13508610 frs-bus:Director1 2024-08-01 2025-07-31 13508610 frs-bus:Director2 2024-08-01 2025-07-31 13508610 frs-countries:EnglandWales 2024-08-01 2025-07-31 13508610 2023-07-31 13508610 2024-07-31 13508610 2023-08-01 2024-07-31 13508610 frs-core:CurrentFinancialInstruments 2024-07-31 13508610 frs-core:Non-currentFinancialInstruments 2024-07-31 13508610 frs-core:SharePremium 2024-07-31 13508610 frs-core:ShareCapital 2024-07-31 13508610 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13508610 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-31
Registered number: 13508610
Salos Property Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Salos Property Ltd
Contents
Contents

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

Page 1
Salos Property Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 13508610

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 709 |  | -
Investment Properties | 5 |  | 1,395,000 |  | 1,840,000
|  |  | 1,395,709 |  | 1,840,000
CURRENT ASSETS
Debtors | 6 | 4,343 |  | 2,858 |
Cash at bank and in hand |  | 20,461 |  | 25,909 |
|  | 24,804 |  | 28,767 |
Creditors: Amounts Falling Due Within One Year | 7 | (487,573 ) |  | (665,329 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (462,769 ) |  | (636,562 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 932,940 |  | 1,203,438
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (460,979 ) |  | (603,880 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (177 ) |  | (3,500 )
NET ASSETS |  |  | 471,784 |  | 596,058
CAPITAL AND RESERVES
Called up share capital | 10 |  | 102 |  | 102
Share premium account |  |  | 577,354 |  | 577,354
Fair value reserve |  |  | - |  | 10,500
Profit and Loss Account |  |  | (105,672 ) |  | 8,102
SHAREHOLDERS' FUNDS |  |  | 471,784 |  | 596,058

Page 1
Page 2
Salos Property Ltd
Balance Sheet (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 Profit and Loss Account.
On behalf of the board

Mr James Shanahan Director
26 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Salos Property Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Salos Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13508610 . The registered office is 19 Fernhill Drive, Leamington Spa, Warwickshire, CV32 4JX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These financial statements are presented in pound sterling which is the functional currency of the company.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added
taxes. Turnover is represented by revenue earned from the rental and investment property.
2.3. 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:

Computer Equipment | 25% reducing balance

2.4. 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.
2.5. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
Salos Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
3. Average Number of Employees
Average number of employees, including directors, during the period was as follows: 2 (2024: 2)
2 2
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost or Valuation
As at 1 August 2024 | -
Additions | 747
As at 31 July 2025 | 747
Depreciation
As at 1 August 2024 | -
Provided during the period | 38
As at 31 July 2025 | 38
Net Book Value
As at 31 July 2025 | 709
As at 1 August 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 August 2024 | 1,840,000
Disposals | (295,000 )
Fair value adjustments | (150,000 )
As at 31 July 2025 | 1,395,000

The investment properties have been revalued by the directors at £1,395,000 at the market value at the balance sheet date.
If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 1,568,000 |  | 1,849,000

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 4,343 |  | 2,858

Page 4
Page 5
Salos Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 557 |  | 709
Corporation tax | 1,385 |  | -
Other taxes and social security | 7,223 |  | 8,102
Other creditors | 472,793 |  | 651,003
Accruals and deferred income | 5,615 |  | 5,515
| 487,573 |  | 665,329

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 460,979 |  | 603,880

9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against investment properties.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 460,979 |  | 603,880

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 102 |  | 102

Page 5