Acorah Software Products - Accounts Production 18.1.170 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 13864853 Julie Bull Martyn Bull iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13864853 2025-01-31 13864853 2026-01-31 13864853 2025-02-01 2026-01-31 13864853 frs-core:CurrentFinancialInstruments 2026-01-31 13864853 frs-core:Non-currentFinancialInstruments 2026-01-31 13864853 frs-core:ComputerEquipment 2025-02-01 2026-01-31 13864853 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 13864853 frs-core:PlantMachinery 2026-01-31 13864853 frs-core:PlantMachinery 2025-02-01 2026-01-31 13864853 frs-core:PlantMachinery 2025-01-31 13864853 frs-core:ShareCapital 2026-01-31 13864853 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 13864853 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 13864853 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 13864853 frs-bus:SmallEntities 2025-02-01 2026-01-31 13864853 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 13864853 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 13864853 frs-bus:Director1 2025-02-01 2026-01-31 13864853 frs-bus:Director1 2025-01-31 13864853 frs-bus:Director1 2026-01-31 13864853 frs-bus:Director2 2025-02-01 2026-01-31 13864853 frs-bus:Director2 2025-01-31 13864853 frs-bus:Director2 2026-01-31 13864853 frs-countries:EnglandWales 2025-02-01 2026-01-31 13864853 2024-01-31 13864853 2025-01-31 13864853 2024-02-01 2025-01-31 13864853 frs-core:CurrentFinancialInstruments 2025-01-31 13864853 frs-core:Non-currentFinancialInstruments 2025-01-31 13864853 frs-core:ShareCapital 2025-01-31 13864853 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 13864853
Bullitt Properties Limited
Financial Statements
For The Year Ended 31 January 2026
Bullitt Properties Limited
Contents
Contents

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

Page 1
Bullitt Properties Limited
Statement of Financial Position
As At 31 January 2026
Statement of Financial Position
Registered number: 13864853

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 73 |  | 109
Investment Properties | 5 |  | 167,273 |  | 167,273
|  |  | 167,346 |  | 167,382
CURRENT ASSETS
Debtors | 6 | (1,931 ) |  | - |
Cash at bank and in hand |  | 9,787 |  | 5,056 |
|  | 7,856 |  | 5,056 |
Creditors: Amounts Falling Due Within One Year | 7 | (60,928 ) |  | (58,734 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (53,072 ) |  | (53,678 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 114,274 |  | 113,704
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (106,533 ) |  | (109,943 )
NET ASSETS |  |  | 7,741 |  | 3,761
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Income Statement |  |  | 7,739 |  | 3,759
SHAREHOLDERS' FUNDS |  |  | 7,741 |  | 3,761

Page 1
Page 2
Bullitt Properties Limited
Statement of Financial Position (continued)
As At 31 January 2026
For the year ending 31 January 2026 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

Martyn Bull Director
20/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Bullitt Properties Limited
Notes to the Financial Statements
For The Year Ended 31 January 2026
Notes to the Financial Statements
1. General Information
Bullitt Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13864853 . The registered office is 85 Ashbourne Road, Mackworth, Derby, DE22 4LZ.
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. 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 | 0%
Computer Equipment | 33% 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 income statement.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
Page 3
Page 4
Bullitt Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
4. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost or Valuation
As at 1 February 2025 | 369
As at 31 January 2026 | 369
Depreciation
As at 1 February 2025 | 260
Provided during the period | 36
As at 31 January 2026 | 296
Net Book Value
As at 31 January 2026 | 73
As at 1 February 2025 | 109

5. Investment Property

| 2026
--- | ---
| £
Fair Value
As at 1 February 2025 and 31 January 2026 | 167,273

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | (1,931) |  | -

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 4,148 |  | 4,148
Other creditors | 56,333 |  | 54,586
Taxation and social security | 447 |  | -
| 60,928 |  | 58,734

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 106,533 |  | 109,943

Page 4
Page 5
Bullitt Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:

| As at 1 February 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 January 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Julie Bull | 26,447 | 3,776 | (1,931 ) | - | 28,292
Martyn Bull | 26,447 | 3,776 | (1,931 ) | - | 28,292

The above loan is unsecured, interest free and repayable on demand.
Page 5