Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12088862 Mr Ajit Singh Mr Nirmal Chawla iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12088862 2024-07-31 12088862 2025-07-31 12088862 2024-08-01 2025-07-31 12088862 frs-core:CurrentFinancialInstruments 2025-07-31 12088862 frs-core:Non-currentFinancialInstruments 2025-07-31 12088862 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 12088862 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 12088862 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 12088862 frs-core:RevaluationReserve 2024-07-31 12088862 frs-core:RevaluationReserve 2025-07-31 12088862 frs-core:ShareCapital 2025-07-31 12088862 frs-core:RetainedEarningsAccumulatedLosses 2024-08-01 2025-07-31 12088862 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-07-31 12088862 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12088862 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12088862 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12088862 frs-bus:SmallEntities 2024-08-01 2025-07-31 12088862 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12088862 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12088862 frs-bus:Director1 2024-08-01 2025-07-31 12088862 frs-bus:Director1 2024-07-31 12088862 frs-bus:Director1 2025-07-31 12088862 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 12088862 frs-countries:EnglandWales 2024-08-01 2025-07-31 12088862 2023-07-31 12088862 2024-07-31 12088862 2023-08-01 2024-07-31 12088862 frs-core:CurrentFinancialInstruments 2024-07-31 12088862 frs-core:Non-currentFinancialInstruments 2024-07-31 12088862 frs-core:RevaluationReserve 2024-07-31 12088862 frs-core:ShareCapital 2024-07-31 12088862 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12088862
SATNAM PROP LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12088862
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,486,323 1,500,000
1,486,323 1,500,000
CURRENT ASSETS
Debtors 5 427,233 32,161
Cash at bank and in hand 537,739 4,302
964,972 36,463
Creditors: Amounts Falling Due Within One Year 6 (564,583 ) (583,428 )
NET CURRENT ASSETS (LIABILITIES) 400,389 (546,965 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,886,712 953,035
Creditors: Amounts Falling Due After More Than One Year 7 (1,316,875 ) (387,465 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (105,138 ) (105,138 )
NET ASSETS 464,699 460,432
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 11 448,218 448,218
Profit and Loss Account 16,381 12,114
SHAREHOLDERS' FUNDS 464,699 460,432
Page 1
Page 2
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 his 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 Ajit Singh
Director
27/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SATNAM PROP LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12088862 . The registered office is 1 Agincourt Villas, Uxbridge Road, Uxbridge, UB10 0NX.
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.
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.
2.3. 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 not provided
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 or Valuation
As at 1 August 2024 1,500,000
Additions (13,677 )
As at 31 July 2025 1,486,323
Net Book Value
As at 31 July 2025 1,486,323
As at 1 August 2024 1,500,000
During the year the company received a refund of stamp duty of £13,677 on the freehold property.
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 9,033 -
Other debtors 418,200 32,161
427,233 32,161
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2 1
Bank loans and overdrafts 33,399 58,035
Other creditors 531,182 525,392
564,583 583,428
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,316,875 387,465
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 1,350,274 832,965
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 August 2024 Amounts advanced Amounts repaid Amounts written off As at 31 July 2025
£ £ £ £ £
Mr Ajit Singh 144,593 2,550 - - 147,143
The above loan is unsecured, interest free and repayable on demand.
Page 4
Page 5
11. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 August 2024 448,218 12,114
Profit for the year and total comprehensive income - 4,267
As at 31 July 2025 448,218 16,381
12. Related Party Transactions
At the balance sheet date other creditors include an interest free loan of £228,664 (2024 - £223,664) from a company that is under the common control of the director. These loans are unsecured, interest free and repayable on demand.
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