Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC346675 Mr Richard McCann Miss Debra Chalmers true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC346675 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2025-08-31 SC346675 2024-08-31 SC346675 2025-08-31 SC346675 2024-09-01 2025-08-31 SC346675 frs-core:CurrentFinancialInstruments 2025-08-31 SC346675 frs-core:Non-currentFinancialInstruments 2025-08-31 SC346675 frs-core:ComputerEquipment 2025-08-31 SC346675 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC346675 frs-core:ComputerEquipment 2024-08-31 SC346675 frs-core:InvestmentPropertyIncludedWithinPPE 2025-08-31 SC346675 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-01 2025-08-31 SC346675 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 SC346675 frs-core:ShareCapital 2025-08-31 SC346675 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC346675 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC346675 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC346675 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC346675 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC346675 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC346675 1 2024-09-01 2025-08-31 SC346675 frs-bus:Director1 2024-09-01 2025-08-31 SC346675 frs-bus:Director2 2024-09-01 2025-08-31 SC346675 frs-core:CurrentFinancialInstruments 1 2025-08-31 SC346675 frs-core:Non-currentFinancialInstruments 1 2025-08-31 SC346675 frs-core:CurrentFinancialInstruments 2 2025-08-31 SC346675 frs-countries:Scotland 2024-09-01 2025-08-31 SC346675 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-08-31 SC346675 2023-08-31 SC346675 2024-08-31 SC346675 2023-09-01 2024-08-31 SC346675 frs-core:CurrentFinancialInstruments 2024-08-31 SC346675 frs-core:Non-currentFinancialInstruments 2024-08-31 SC346675 frs-core:ShareCapital 2024-08-31 SC346675 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC346675 frs-core:CurrentFinancialInstruments 1 2024-08-31 SC346675 frs-core:Non-currentFinancialInstruments 1 2024-08-31 SC346675 frs-core:CurrentFinancialInstruments 2 2024-08-31
Registered number: SC346675
CR Properties & Maintenance Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Calculus Accountants (Scotland) Ltd
10 Avonhead Road
Condorrat
Glasgow
G67 4RA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC346675
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 543,440 543,540
543,440 543,540
CURRENT ASSETS
Debtors 5 4,037 3,869
Cash at bank and in hand 23,371 16,851
27,408 20,720
Creditors: Amounts Falling Due Within One Year 6 (440,963 ) (394,582 )
NET CURRENT ASSETS (LIABILITIES) (413,555 ) (373,862 )
TOTAL ASSETS LESS CURRENT LIABILITIES 129,885 169,678
Creditors: Amounts Falling Due After More Than One Year 7 (87,591 ) (135,303 )
NET ASSETS 42,294 34,375
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 42,194 34,275
SHAREHOLDERS' FUNDS 42,294 34,375
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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
Miss Debra Chalmers
Director
15/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
CR Properties & Maintenance Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC346675 . The registered office is 10 Avonhead Road, Condorrat, Cumbernauld, Glasgow, G67 4RA.
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 rental of the company investment properties and maintenance and build contracts undertaken for third parties, but no such contracts were undertaken this year.
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:
Computer Equipment 15% - reducing balance basis
The investment properties are stated at cost, including legal fees and LBTT and no revaluation of the properties has been considered necessary by the director.
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 or revaluation is provided for. Changes in fair value, if any, are recognised in the profit and loss account.
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: 3 (2024: 3)
3 3
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4. Tangible Assets
Investment Properties Computer Equipment Total
£ £ £
Cost
As at 1 September 2024 542,875 1,437 544,312
As at 31 August 2025 542,875 1,437 544,312
Depreciation
As at 1 September 2024 - 772 772
Provided during the period - 100 100
As at 31 August 2025 - 872 872
Net Book Value
As at 31 August 2025 542,875 565 543,440
As at 1 September 2024 542,875 665 543,540
The investment properties are subject to a Standard Security and Bond and Floating Charge in favour of the Royal Bank of Scotland Plc, and are the subject of a 125 ground rent lease with the North Lanarkshire Council, with a life remaining of currently 95 years.
The bank loan funding was refinanced in the previous years.
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 4,037 3,869
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,493 3,939
Bank loans and overdrafts 20,000 20,000
Corporation tax 5,634 3,443
VAT 3,219 2,698
Rents received in advance 2,858 2,825
Bank loan - BBLS 10,000 10,000
Accrued charges 5,959 5,314
Directors' loan accounts 388,800 346,363
440,963 394,582
The directors loan accounts are interest free and have no fixed terms of repayment.
The bank loan is subject to a Standard Security over the company investment properties and a Bond and Floating Charge, and was refinanced in the previous years over a 10 year term.
The other bank loan is in terms of the Bounce Back Loan Scheme following Covid19 and in accordance with the provisions thereof.
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 87,140 124,646
Bank loans - BBLS 451 10,657
87,591 135,303
The bank loan is subject to a Standard Security over the company investment properties and a Bond and Floating Charge.
The other bank loan is in terms of the Bounce Back Loan Scheme following Covid19 and in accordance with the provisions thereof.
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 18,356 38,356
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 107,140 144,646
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is the director Richard McCann by virtue of his ownership of 75% of the issued share capital in the company.
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