Acorah Software Products - Accounts Production 18.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12783697 Mrs Sabina Shrestha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12783697 2024-07-31 12783697 2025-07-31 12783697 2024-08-01 2025-07-31 12783697 frs-core:CurrentFinancialInstruments 2025-07-31 12783697 frs-core:Non-currentFinancialInstruments 2025-07-31 12783697 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 12783697 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 12783697 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 12783697 frs-core:ShareCapital 2025-07-31 12783697 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12783697 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12783697 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12783697 frs-bus:SmallEntities 2024-08-01 2025-07-31 12783697 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12783697 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12783697 frs-bus:Director1 2024-08-01 2025-07-31 12783697 frs-countries:EnglandWales 2024-08-01 2025-07-31 12783697 2023-07-31 12783697 2024-07-31 12783697 2023-08-01 2024-07-31 12783697 frs-core:CurrentFinancialInstruments 2024-07-31 12783697 frs-core:Non-currentFinancialInstruments 2024-07-31 12783697 frs-core:ShareCapital 2024-07-31 12783697 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12783697
Mgs Property Ltd
Financial Statements
For The Year Ended 31 July 2025
Chartax Associates Ltd
Chartered Certified Accountants
103 Island Business Centre
18-36 Wellington Street
Woolwich
London
SE18 6PF
Mgs Property Ltd
Contents
Contents

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

Page 1
Mgs Property Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 12783697

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 512,000 |  | 523,000
|  |  | 512,000 |  | 523,000
CURRENT ASSETS
Cash at bank and in hand |  | 2,542 |  | 3,334 |
|  | 2,542 |  | 3,334 |
Creditors: Amounts Falling Due Within One Year | 5 | (246,044 ) |  | (234,100 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (243,502 ) |  | (230,766 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 268,498 |  | 292,234
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (322,239 ) |  | (330,760 )
NET LIABILITIES |  |  | (53,741 ) |  | (38,526 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | (53,841 ) |  | (38,626 )
SHAREHOLDERS' FUNDS |  |  | (53,741) |  | (38,526)

Page 1
Page 2
Mgs 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Sabina Shrestha Director
10th April 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Mgs Property Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Mgs Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12783697 . The registered office is 86 Northfield Avenue, London, W13 9RR.
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. 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:

Freehold | 2% Straight line

3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost
As at 1 August 2024 | 567,000
As at 31 July 2025 | 567,000
Depreciation
As at 1 August 2024 | 44,000
Provided during the period | 11,000
As at 31 July 2025 | 55,000
Net Book Value
As at 31 July 2025 | 512,000
As at 1 August 2024 | 523,000

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1 |  | -
Bank loans and overdrafts | 7,729 |  | 7,252
Other creditors | 232,090 |  | 221,601
Taxation and social security | 6,224 |  | 5,247
| 246,044 |  | 234,100

Page 3
Page 4
Mgs Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
6. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 322,239 |  | 330,760

7. Share Capital

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

Page 4