Acorah Software Products - Accounts Production 18.1.170 false true false 14 October 2024 31 October 2025 31 October 2025 SC825817 Mr Paul Duffy Mrs Heather Duffy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC825817 2024-10-13 SC825817 2025-10-31 SC825817 2024-10-14 2025-10-31 SC825817 frs-core:CurrentFinancialInstruments 2025-10-31 SC825817 frs-core:Non-currentFinancialInstruments 2025-10-31 SC825817 frs-core:InvestmentPropertyIncludedWithinPPE 2025-10-31 SC825817 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-14 2025-10-31 SC825817 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-13 SC825817 frs-core:ShareCapital 2025-10-31 SC825817 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 SC825817 frs-bus:PrivateLimitedCompanyLtd 2024-10-14 2025-10-31 SC825817 frs-bus:FilletedAccounts 2024-10-14 2025-10-31 SC825817 frs-bus:SmallEntities 2024-10-14 2025-10-31 SC825817 frs-bus:AuditExempt-NoAccountantsReport 2024-10-14 2025-10-31 SC825817 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-14 2025-10-31 SC825817 frs-bus:Director1 2024-10-14 2025-10-31 SC825817 frs-bus:Director1 2024-10-13 SC825817 frs-bus:Director1 2025-10-31 SC825817 frs-bus:Director2 2024-10-14 2025-10-31 SC825817 frs-core:CurrentFinancialInstruments 2 2025-10-31 SC825817 frs-countries:Scotland 2024-10-14 2025-10-31
Registered number: SC825817
Sibling Property Solutions Limited
Unaudited Financial Statements
For the Period 14 October 2024 to 31 October 2025
Sibling Property Solutions Limited
Contents
Contents

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

Page 1
Sibling Property Solutions Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: SC825817

| 31 October 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 455,527
|  |  | 455,527
CURRENT ASSETS
Debtors | 5 | 192 |
Cash at bank and in hand |  | 2,301 |
|  | 2,493 |
Creditors: Amounts Falling Due Within One Year | 6 | (413,189 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (410,696 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 44,831
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (40,575 )
NET ASSETS |  |  | 4,256
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100
Profit and Loss Account |  |  | 4,156
SHAREHOLDERS' FUNDS |  |  | 4,256

Page 1
Page 2
Sibling Property Solutions Limited
Balance Sheet (continued)
As At 31 October 2025
For the period ending 31 October 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 Paul Duffy Director
16/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Sibling Property Solutions Limited
Notes to the Financial Statements
For the Period 14 October 2024 to 31 October 2025
Notes to the Financial Statements
1. General Information
Sibling Property Solutions Limited is a private company, limited by shares, incorporated in Scotland, registered number SC825817 . The registered office is 31 Midhill Park, Hamilton, Lanarkshire, ML3 8FW.
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.
The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence in the forseeable future. The validity of this assumption depends on the continued support of the company director for the forthcoming year.
Current liabilities include loans due to the director and related parties, these are repayable on demand. Neither the director nor the related parties will demand repayment of the loan due where this would impair the ability of the company to trade.
The directors believe that it is appropriate for the going concern basis to be used.
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.
Income from investment properties lets are recongnised in the period of receipt.
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:
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
The company only has basic financial instruments.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured
initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective
interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans,
are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost
using the effective interest method.
Page 3
Page 4
Sibling Property Solutions Limited
Notes to the Financial Statements (continued)
For the Period 14 October 2024 to 31 October 2025
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 period, 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 period was: 2
2
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost
As at 14 October 2024 | -
Additions | 455,527
As at 31 October 2025 | 455,527
Net Book Value
As at 31 October 2025 | 455,527
As at 14 October 2024 | -

Cost or valuation as at 31 October 2025 represented by:

| Investment Properties
--- | ---
| £
At valuation | 455,527
| 455,527

Investment properties were valued by the directors on an open market basis as at 31 October 2025.
Page 4
Page 5
Sibling Property Solutions Limited
Notes to the Financial Statements (continued)
For the Period 14 October 2024 to 31 October 2025
5. Debtors

| 31 October 2025
--- | ---
| £
Due within one year
Directors' loan accounts | 192

6. Creditors: Amounts Falling Due Within One Year

| 31 October 2025
--- | ---
| £
Bank loans and overdrafts | 876
Corporation tax | 975
Intercompany creditor | 410,000
Accruals and deferred income | 1,338
| 413,189

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

| 31 October 2025
--- | ---
| £
Bank loans | 40,575

8. Share Capital

| 31 October 2025
--- | ---
| £
Allotted, Called up and fully paid | 100

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 14 October 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 October 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Paul Duffy | - | 192 | - | - | 192

The above loan is unsecured, interest free and has been repaid within 9 months of the year-end.
10. Related Party Transactions
At 31st October 2025 the amount owed to PWD Joinery Ltd, a company under common control, totalled £410,000. This amount is non-interest bearing and is repayable on demand.
Page 5