Acorah Software Products - Accounts Production 19.2.350 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 11345638 Mr Marcus Deans Mr Marcus Ephraim Deans true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11345638 2024-05-31 11345638 2025-05-31 11345638 2024-06-01 2025-05-31 11345638 frs-core:CurrentFinancialInstruments 2025-05-31 11345638 frs-core:Non-currentFinancialInstruments 2025-05-31 11345638 frs-core:ComputerEquipment 2025-05-31 11345638 frs-core:ComputerEquipment 2024-06-01 2025-05-31 11345638 frs-core:ComputerEquipment 2024-05-31 11345638 frs-core:FurnitureFittings 2025-05-31 11345638 frs-core:FurnitureFittings 2024-06-01 2025-05-31 11345638 frs-core:FurnitureFittings 2024-05-31 11345638 frs-core:PlantMachinery 2025-05-31 11345638 frs-core:PlantMachinery 2024-06-01 2025-05-31 11345638 frs-core:PlantMachinery 2024-05-31 11345638 frs-core:ShareCapital 2025-05-31 11345638 frs-core:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 11345638 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-05-31 11345638 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 11345638 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11345638 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 11345638 frs-bus:SmallEntities 2024-06-01 2025-05-31 11345638 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 11345638 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 11345638 1 2024-06-01 2025-05-31 11345638 frs-core:DeferredTaxation 2024-06-01 2025-05-31 11345638 frs-core:DeferredTaxation 2024-05-31 11345638 frs-core:DeferredTaxation 2025-05-31 11345638 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-05-31 11345638 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-05-31 11345638 frs-core:ListedExchangeTraded 2025-05-31 11345638 frs-core:ListedExchangeTraded 2024-05-31 11345638 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-05-31 11345638 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-05-31 11345638 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-05-31 11345638 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-05-31 11345638 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-05-31 11345638 frs-bus:Director1 2024-06-01 2025-05-31 11345638 frs-countries:EnglandWales 2024-06-01 2025-05-31 11345638 2023-05-31 11345638 2024-05-31 11345638 2023-06-01 2024-05-31 11345638 frs-core:CurrentFinancialInstruments 2024-05-31 11345638 frs-core:Non-currentFinancialInstruments 2024-05-31 11345638 frs-core:ShareCapital 2024-05-31 11345638 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11345638 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-05-31
Registered number: 11345638
ALCHEMIST PROPERTY LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2025
Euro Ashfords (UK) ltd
2nd floor, 39 Ludgate Hill
City of London
EC4M 7JN
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 11345638
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,076 32,102
Investment Properties 5 152,985 406,735
Investments 6 64,775 60,273
241,836 499,110
CURRENT ASSETS
Debtors 7 2,900 (328,230 )
Cash at bank and in hand 2,103 2
5,003 (328,228 )
Creditors: Amounts Falling Due Within One Year 8 (1,890 ) (7,985 )
NET CURRENT ASSETS (LIABILITIES) 3,113 (336,213 )
TOTAL ASSETS LESS CURRENT LIABILITIES 244,949 162,897
Creditors: Amounts Falling Due After More Than One Year 9 (840,388 ) (598,775 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,575 ) (6,099 )
NET LIABILITIES (600,014 ) (441,977 )
CAPITAL AND RESERVES
Called up share capital 11 2 2
Fair value reserve 12 944 (88,359 )
Income Statement (600,960 ) (353,620 )
SHAREHOLDERS' FUNDS (600,014) (441,977)
Page 1
Page 2
For the year ending 31 May 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 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 Income Statement.
On behalf of the board
Mr Marcus Deans
Director
13/05/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ALCHEMIST PROPERTY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11345638 . The registered office is 51 Watford Road, St. Albans, AL1 2AE.
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.
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:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment straight line over 3 years
2.5. 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 income statement.
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.
...CONTINUED
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2.6. Taxation - continued
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: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2024 586 91,456 1,309 93,351
As at 31 May 2025 586 91,456 1,309 93,351
Depreciation
As at 1 June 2024 447 59,493 1,309 61,249
Provided during the period 35 7,991 - 8,026
As at 31 May 2025 482 67,484 1,309 69,275
Net Book Value
As at 31 May 2025 104 23,972 - 24,076
As at 1 June 2024 139 31,963 - 32,102
Page 4
Page 5
5. Investment Property
2025
£
Fair Value
As at 1 June 2024 406,735
Disposals (253,750 )
As at 31 May 2025 152,985
If investment property had been accounted for under historical cost accounting rules, the amounts would be: £447,015.
2025 2024
£ £
Cost 447,015 447,015
6. Investments
Listed
£
Cost or Valuation
As at 1 June 2024 60,273
Revaluations 4,502
As at 31 May 2025 64,775
Provision
As at 1 June 2024 -
As at 31 May 2025 -
Net Book Value
As at 31 May 2025 64,775
As at 1 June 2024 60,273
7. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests - (328,230)
Due after more than one year
Amounts owed by participating interests 2,900 -
2,900 (328,230 )
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Page 6
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 2
Bank loans and overdrafts - 6,633
Other creditors 1,890 1,350
1,890 7,985
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Mortgage 155,877 312,775
Bond Payable 209,024 286,000
Amounts owed to participating interests 475,487 -
840,388 598,775
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 June 2024 6,099 6,099
Deferred taxation (1,524 ) (1,524 )
Balance at 31 May 2025 4,575 4,575
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 6
Page 7
12. Reserves
Fair value reserve Income Statement
£ £
As at 1 June 2024 (88,359 ) (353,620 )
Loss for the year and total comprehensive income - (158,037 )
Movements in fair value reserve 89,303 -
Transfer to capital redemption reserves - (89,303)
As at 31 May 2025 944 (600,960 )
13. Related Party Transactions
At the balance sheet date the company owes £475,487 to associated company S.I.R. Consulting Limited and is owed £2,900 from LFTC Ltd where Mr Marcus Ephraim Deans is the director and 100% shareholder of the company.
14. Ultimate Controlling Party
The company's ultimate controlling party is Mr Marcus Ephraim Deans by virtue of his ownership of 100% of the issued share capital in the company.
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