Acorah Software Products - Accounts Production 19.2.350 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 13568563 Niamh Beatty Dominic Nathaniel Hamilton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13568563 2024-08-31 13568563 2025-08-31 13568563 2024-09-01 2025-08-31 13568563 frs-core:CurrentFinancialInstruments 2025-08-31 13568563 frs-core:Non-currentFinancialInstruments 2025-08-31 13568563 frs-core:InvestmentPropertyIncludedWithinPPE 2025-08-31 13568563 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-01 2025-08-31 13568563 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 13568563 frs-core:ShareCapital 2025-08-31 13568563 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 13568563 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 13568563 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 13568563 frs-bus:SmallEntities 2024-09-01 2025-08-31 13568563 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 13568563 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 13568563 frs-bus:Director1 2024-09-01 2025-08-31 13568563 frs-bus:Director2 2024-09-01 2025-08-31 13568563 frs-countries:EnglandWales 2024-09-01 2025-08-31 13568563 2023-08-31 13568563 2024-08-31 13568563 2023-09-01 2024-08-31 13568563 frs-core:CurrentFinancialInstruments 2024-08-31 13568563 frs-core:Non-currentFinancialInstruments 2024-08-31 13568563 frs-core:ShareCapital 2024-08-31 13568563 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 13568563
93 Property Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13568563
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,120,000 712,001
1,120,000 712,001
CURRENT ASSETS
Debtors 5 20,817 33,303
Cash at bank and in hand 38,769 32,976
59,586 66,279
Creditors: Amounts Falling Due Within One Year 6 (474,418 ) (549,450 )
NET CURRENT ASSETS (LIABILITIES) (414,832 ) (483,171 )
TOTAL ASSETS LESS CURRENT LIABILITIES 705,168 228,830
Creditors: Amounts Falling Due After More Than One Year 7 (674,924 ) (300,074 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (29,647 ) (5,970 )
NET ASSETS/(LIABILITIES) 597 (77,214 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 595 (77,216 )
SHAREHOLDERS' FUNDS 597 (77,214)
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Page 2
For the year ending 31 August 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
Niamh Beatty
Director
22 April 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
93 Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13568563 . The registered office is 128 128 City Road, London, EC1V 2NX.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
2.3. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Income from investment properties
Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.
Service charge income is recognised as revenue in the period to which it relates.
2.4. Investment Properties
Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.
Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.
Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.
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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 (2024: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 September 2024 712,001
Additions 280,271
Revaluation 127,728
As at 31 August 2025 1,120,000
Net Book Value
As at 31 August 2025 1,120,000
As at 1 September 2024 712,001
The investment properties are valued, at balance sheet date, by professional valuer based on the assessment of available market information and property condition.
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5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 20,817 18,303
Other debtors - 15,000
20,817 33,303
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 69,826 173,750
Other creditors 104,436 104,436
Accruals and deferred income 1,714 2,512
Directors' loan accounts 298,442 268,752
474,418 549,450
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 674,924 300,074
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 744,750 473,824
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
Included in creditors due within one year is an amount of £298,442 (2024: £268,752 ) owed to its directors. The amount is interest free and repayable on demand.
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