Acorah Software Products - Accounts Production 18.1.170 false true true 30 September 2024 12 September 2023 false 1 October 2024 30 September 2025 30 September 2025 15132168 Mrs Hayley Panayi Mr Panico Panayi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15132168 2024-09-30 15132168 2025-09-30 15132168 2024-10-01 2025-09-30 15132168 frs-core:CurrentFinancialInstruments 2025-09-30 15132168 frs-core:Non-currentFinancialInstruments 2025-09-30 15132168 frs-core:ComputerEquipment 2025-09-30 15132168 frs-core:ComputerEquipment 2024-10-01 2025-09-30 15132168 frs-core:ComputerEquipment 2024-09-30 15132168 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-09-30 15132168 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-01 2025-09-30 15132168 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 15132168 frs-core:PlantMachinery 2025-09-30 15132168 frs-core:PlantMachinery 2024-10-01 2025-09-30 15132168 frs-core:PlantMachinery 2024-09-30 15132168 frs-core:ShareCapital 2025-09-30 15132168 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 15132168 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 15132168 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 15132168 frs-bus:SmallEntities 2024-10-01 2025-09-30 15132168 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 15132168 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 15132168 frs-bus:Director1 2024-10-01 2025-09-30 15132168 frs-bus:Director2 2024-10-01 2025-09-30 15132168 frs-countries:EnglandWales 2024-10-01 2025-09-30 15132168 2023-09-11 15132168 2024-09-30 15132168 2023-09-12 2024-09-30 15132168 frs-core:CurrentFinancialInstruments 2024-09-30 15132168 frs-core:Non-currentFinancialInstruments 2024-09-30 15132168 frs-core:ShareCapital 2024-09-30 15132168 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 15132168
Phlo Property Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
The Online Accountant
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15132168
30 September 2025 30 September 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 223,758 225,507
223,758 225,507
CURRENT ASSETS
Debtors 5 - 574
Cash at bank and in hand 1,321 1,604
1,321 2,178
Creditors: Amounts Falling Due Within One Year 6 (40,982 ) (251,011 )
NET CURRENT ASSETS (LIABILITIES) (39,661 ) (248,833 )
TOTAL ASSETS LESS CURRENT LIABILITIES 184,097 (23,326 )
Creditors: Amounts Falling Due After More Than One Year 7 (209,989 ) -
NET LIABILITIES (25,892 ) (23,326 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (25,992 ) (23,426 )
SHAREHOLDERS' FUNDS (25,892) (23,326)
Page 1
Page 2
For the year ending 30 September 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
Mrs Hayley Panayi
Director
22/04/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Phlo Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15132168 . The registered office is East Lodge, Kartway House, Lugwardine, Hereford, HR1 4AE.
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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Leasehold No depreciation policy
Plant & Machinery 25% on Reducing balance
Computer Equipment 33% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2024 218,898 6,784 842 226,524
As at 30 September 2025 218,898 6,784 842 226,524
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 October 2024 - 901 116 1,017
Provided during the period - 1,471 278 1,749
As at 30 September 2025 - 2,372 394 2,766
Net Book Value
As at 30 September 2025 218,898 4,412 448 223,758
As at 1 October 2024 218,898 5,883 726 225,507
5. Debtors
30 September 2025 30 September 2024
£ £
Due within one year
Other debtors - 574
6. Creditors: Amounts Falling Due Within One Year
30 September 2025 30 September 2024
£ £
Bank loans and overdrafts - 210,000
Other creditors 40,982 41,011
40,982 251,011
7. Creditors: Amounts Falling Due After More Than One Year
30 September 2025 30 September 2024
£ £
Bank loans 209,989 -
8. Share Capital
30 September 2025 30 September 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4