Acorah Software Products - Accounts Production 19.2.350 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 02698435 Mr Dominic Turner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02698435 2024-10-31 02698435 2025-10-31 02698435 2024-11-01 2025-10-31 02698435 frs-core:CurrentFinancialInstruments 2025-10-31 02698435 frs-core:FurnitureFittings 2025-10-31 02698435 frs-core:FurnitureFittings 2024-11-01 2025-10-31 02698435 frs-core:FurnitureFittings 2024-10-31 02698435 frs-core:MotorVehicles 2025-10-31 02698435 frs-core:MotorVehicles 2024-11-01 2025-10-31 02698435 frs-core:MotorVehicles 2024-10-31 02698435 frs-core:ShareCapital 2025-10-31 02698435 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 02698435 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 02698435 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 02698435 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 02698435 frs-bus:SmallEntities 2024-11-01 2025-10-31 02698435 frs-bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 02698435 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 02698435 frs-core:AcceleratedTaxDepreciationDeferredTax 2025-10-31 02698435 frs-core:CostValuation 2024-10-31 02698435 frs-core:AdditionsToInvestments 2025-10-31 02698435 frs-core:DisposalsRepaymentsInvestments 2025-10-31 02698435 frs-core:CostValuation 2025-10-31 02698435 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 02698435 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-10-31 02698435 frs-core:ProvisionsForImpairmentInvestments 2025-10-31 02698435 frs-bus:Director1 2024-11-01 2025-10-31 02698435 frs-bus:Director1 2024-10-31 02698435 frs-bus:Director1 2025-10-31 02698435 frs-core:CurrentFinancialInstruments 1 2025-10-31 02698435 frs-core:CurrentFinancialInstruments 2 2025-10-31 02698435 frs-countries:EnglandWales 2024-11-01 2025-10-31 02698435 2023-10-31 02698435 2024-10-31 02698435 2023-11-01 2024-10-31 02698435 frs-core:CurrentFinancialInstruments 2024-10-31 02698435 frs-core:ShareCapital 2023-10-31 02698435 frs-core:ShareCapital 2024-10-31 02698435 frs-core:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 02698435 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-10-31 02698435 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 02698435 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-10-31 02698435 frs-core:CurrentFinancialInstruments 1 2024-10-31 02698435 frs-core:CurrentFinancialInstruments 2 2024-10-31
Registered number: 02698435
Turner Property Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
PJM Accountancy
Chartered Accountants
Grovetown Barn
Yeolmbridge
Launceston
Cornwall
PL15 8NH
Turner Property Holdings Limited
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Statement of Changes in Equity | 4
Notes to the Financial Statements | 5—7

Page 1
Turner Property Holdings Limited
Accountants' Report
For The Year Ended 31 October 2025
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Turner Property Holdings Limited for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Turner Property Holdings Limited for the year ended 31 October 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Turner Property Holdings Limited , as a body, in accordance with the terms of our engagement letter dated 23 April 2025. Our work has been undertaken solely to prepare for your approval the accounts of Turner Property Holdings Limited and state those matters that we have agreed to state to the director of Turner Property Holdings Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Turner Property Holdings Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that Turner Property Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Turner Property Holdings Limited . You consider that Turner Property Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Turner Property Holdings Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

4 May 2026

PJM Accountancy
Chartered Accountants
Grovetown Barn
Yeolmbridge
Launceston
Cornwall
PL15 8NH
Page 1
Page 2
Turner Property Holdings Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 02698435

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 21,882 |  | 41,598
Investments | 5 |  | 143,000 |  | 205,000
|  |  | 164,882 |  | 246,598
CURRENT ASSETS
Stocks | 6 | 20,493 |  | 20,493 |
Debtors | 7 | 2,921,605 |  | 2,016,414 |
Cash at bank and in hand |  | 311,202 |  | 1,145,279 |
|  | 3,253,300 |  | 3,182,186 |
Creditors: Amounts Falling Due Within One Year | 8 | (64,160 ) |  | (63,511 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,189,140 |  | 3,118,675
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,354,022 |  | 3,365,273
PROVISIONS FOR LIABILITIES
Deferred Taxation | 9 |  | (4,158 ) |  | (7,904 )
NET ASSETS |  |  | 3,349,864 |  | 3,357,369
CAPITAL AND RESERVES
Called up share capital | 10 |  | 2 |  | 2
Profit and Loss Account |  |  | 3,349,862 |  | 3,357,367
SHAREHOLDERS' FUNDS |  |  | 3,349,864 |  | 3,357,369

Page 2
Page 3
Turner Property Holdings Limited
Balance Sheet (continued)
As At 31 October 2025
For the year 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 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 Dominic Turner Director
4 May 2026

The notes on pages 5 to 7 form part of these financial statements.
Page 3
Page 4
Turner Property Holdings Limited
Statement of Changes in Equity
For The Year Ended 31 October 2025
Statement of Changes in Equity

| Share Capital | Profit and Loss Account | Total
--- | --- | --- | ---
| £ | £ | £
As at 1 November 2023 | 2 | 3,556,317 | 3,556,319
Loss for the year and total comprehensive income | - | (186,350 ) | (186,350)
Dividends paid | - | (12,600) | (12,600)
As at 31 October 2024 and 1 November 2024 | 2 | 3,357,367 | 3,357,369
Profit for the year and total comprehensive income | - | 17,495 | 17,495
Dividends paid | - | (25,000) | (25,000)
As at 31 October 2025 | 2 | 3,349,862 | 3,349,864

Page 4
Page 5
Turner Property Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Turner Property Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02698435 . The registered office is 26 Belvedere , Truro, Cornwall, TR1 1UU.
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 rendering of services 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:

Motor Vehicles | 25% straight line
Fixtures & Fittings | 15-25% straight line

2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 5
Page 6
Turner Property Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.7. Fixed asset investments (other)
Unlisted fixed asset investments including classic vehicles are stated at historical cost less provision for any impairment in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 November 2024 | 42,150 | 10,721 | 52,871
Additions | 25,000 | - | 25,000
Disposals | (42,150 ) | - | (42,150 )
As at 31 October 2025 | 25,000 | 10,721 | 35,721
Depreciation
As at 1 November 2024 | 2,597 | 8,676 | 11,273
Provided during the period | 7,766 | 1,517 | 9,283
Disposals | (6,717 ) | - | (6,717 )
As at 31 October 2025 | 3,646 | 10,193 | 13,839
Net Book Value
As at 31 October 2025 | 21,354 | 528 | 21,882
As at 1 November 2024 | 39,553 | 2,045 | 41,598

5. Investments

| Other
--- | ---
| £
Cost or Valuation
As at 1 November 2024 | 205,000
Additions | 12,000
Disposals | (65,000 )
As at 31 October 2025 | 152,000
Provision
As at 1 November 2024 | -
Added in period | 9,000
As at 31 October 2025 | 9,000
Net Book Value
As at 31 October 2025 | 143,000
As at 1 November 2024 | 205,000

Page 6
Page 7
Turner Property Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock - display assets | 20,493 |  | 20,493

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | - |  | 331
Amounts owed by individuals | 2,625,565 |  | 1,644,483
Amounts owed by corporate bodies | 270,040 |  | 345,600
Amounts owed by group undertakings | 26,000 |  | 26,000
| 2,921,605 |  | 2,016,414

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 34,348 |  | 4,327
Other taxes and social security | 603 |  | 46
Accruals and deferred income | 20,967 |  | 59,064
Director's loan account | 8,242 |  | 74
| 64,160 |  | 63,511

9. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Accelerated capital allowances | 4,158 |  | 7,904

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

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

| As at 1 November 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 October 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Dominic Turner | (74 ) | 59,744 | 67,912 | - | (8,242 )

Loan 1: This was created in December 2024 and was repaid in October 2025. The loan was unsecured, interest free and repayable on demand. The maximum loan owed by the director was £44,864.
Page 7