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 11644549 Mr Jonathan Chaloner Mrs Julia Chaloner Jonathan & Julia Chaloner true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11644549 2024-10-31 11644549 2025-10-31 11644549 2024-11-01 2025-10-31 11644549 frs-core:CurrentFinancialInstruments 2025-10-31 11644549 frs-core:Non-currentFinancialInstruments 2025-10-31 11644549 frs-core:FurnitureFittings 2025-10-31 11644549 frs-core:FurnitureFittings 2024-11-01 2025-10-31 11644549 frs-core:FurnitureFittings 2024-10-31 11644549 frs-core:ShareCapital 2025-10-31 11644549 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 11644549 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11644549 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 11644549 frs-bus:SmallEntities 2024-11-01 2025-10-31 11644549 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11644549 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11644549 1 2024-11-01 2025-10-31 11644549 frs-bus:Director1 2024-11-01 2025-10-31 11644549 frs-bus:Director2 2024-11-01 2025-10-31 11644549 frs-countries:EnglandWales 2024-11-01 2025-10-31 11644549 2023-10-31 11644549 2024-10-31 11644549 2023-11-01 2024-10-31 11644549 frs-core:CurrentFinancialInstruments 2024-10-31 11644549 frs-core:Non-currentFinancialInstruments 2024-10-31 11644549 frs-core:ShareCapital 2024-10-31 11644549 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 11644549
Glasscroft Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Calculated Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11644549
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 378
Investment Properties 5 426,000 426,000
426,000 426,378
CURRENT ASSETS
Debtors 6 11,226 13,917
Cash at bank and in hand 2,389 3,467
13,615 17,384
NET CURRENT ASSETS (LIABILITIES) 13,615 17,384
TOTAL ASSETS LESS CURRENT LIABILITIES 439,615 443,762
Creditors: Amounts Falling Due After More Than One Year 7 (409,308 ) (391,832 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,269 ) (16,269 )
NET ASSETS 14,038 35,661
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 14,036 35,659
SHAREHOLDERS' FUNDS 14,038 35,661
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Page 2
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 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 Jonathan Chaloner
Director
12/05/2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Glasscroft Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11644549 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is 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:
Fixtures & Fittings 20% per annum straight line basis
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2024 4,696
As at 31 October 2025 4,696
Depreciation
As at 1 November 2024 4,318
Provided during the period 378
As at 31 October 2025 4,696
Net Book Value
As at 31 October 2025 -
As at 1 November 2024 378
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5. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 426,000
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 616 595
Other debtors 10,610 13,322
11,226 13,917
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 302,175 302,175
Directors loan account 107,133 89,657
409,308 391,832
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
Included within Creditors is the loan balance of £ 107,133 (2024: £ 89,657) from the Directors at the end of the year. The loan is unsecured, interest free and there are no fixed terms of repayment. 
10. Ultimate Controlling Party
The company's ultimate controlling party is Jonathan & Julia Chaloner by virtue of their ownership of 100% of the issued share capital in the company.
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