Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 07057337 Mrs Claudia Magid Mr Michael Magid Mr Michael Magid true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07057337 2024-10-31 07057337 2025-10-31 07057337 2024-11-01 2025-10-31 07057337 frs-core:CurrentFinancialInstruments 2025-10-31 07057337 frs-core:Non-currentFinancialInstruments 2025-10-31 07057337 frs-core:FurnitureFittings 2025-10-31 07057337 frs-core:FurnitureFittings 2024-11-01 2025-10-31 07057337 frs-core:FurnitureFittings 2024-10-31 07057337 frs-core:ShareCapital 2025-10-31 07057337 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 07057337 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 07057337 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 07057337 frs-bus:SmallEntities 2024-11-01 2025-10-31 07057337 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 07057337 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 07057337 1 2024-11-01 2025-10-31 07057337 frs-bus:Director1 2024-11-01 2025-10-31 07057337 frs-bus:Director2 2024-11-01 2025-10-31 07057337 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 07057337 frs-countries:EnglandWales 2024-11-01 2025-10-31 07057337 2023-10-31 07057337 2024-10-31 07057337 2023-11-01 2024-10-31 07057337 frs-core:CurrentFinancialInstruments 2024-10-31 07057337 frs-core:Non-currentFinancialInstruments 2024-10-31 07057337 frs-core:ShareCapital 2024-10-31 07057337 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 07057337
BLUE PROP LTD
Unaudited Financial Statements
For The Year Ended 31 October 2025
Xerxes Associates LLP
Warnford Court
29 Throgmorton Street
London
EC2N 2AT
BLUE PROP LTD
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
BLUE PROP LTD
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 07057337

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
CURRENT ASSETS
Stocks | 5 | 2,612,295 |  | 4,672,012 |
Debtors | 6 | 270,031 |  | 237,682 |
Cash at bank and in hand |  | 33,173 |  | 334 |
|  | 2,915,499 |  | 4,910,028 |
Creditors: Amounts Falling Due Within One Year | 7 | (20,810 ) |  | (41,557 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,894,689 |  | 4,868,471
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,894,689 |  | 4,868,471
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (2,931,915 ) |  | (4,866,915 )
NET (LIABILITIES)/ASSETS |  |  | (37,226 ) |  | 1,556
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | (37,326 ) |  | 1,456
SHAREHOLDERS' FUNDS |  |  | (37,226) |  | 1,556

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 Michael Magid Director
18/05/2026

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
BLUE PROP LTD
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
BLUE PROP LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07057337 . The registered office is C/O Xerxes Associates Llp, 29 Throgmorton Street, London, EC2N 2AT.
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.
Turnover
Turnover represents property sales and rental income receivable during the year.
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 | 25% on cost

2.4. Stocks and Work in Progress
Stocks represents properties held for trading and development and are shown at the lower of cost and
net realisable value.
At each reporting date an assessment is made for impairment. Any excess of the carrying amount of stocks
over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised un profit and loss..
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.
...CONTINUED
Page 2
Page 3
BLUE PROP LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.5. Taxation - continued
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

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 November 2024 | 1,005
As at 31 October 2025 | 1,005
Depreciation
As at 1 November 2024 | 1,005
As at 31 October 2025 | 1,005
Net Book Value
As at 31 October 2025 | -
As at 1 November 2024 | -

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock of property | 2,612,295 |  | 4,672,012

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 270,031 |  | 237,682

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | - |  | 1,524
Other taxes and social security | 152 |  | 152
Other creditors | 20,658 |  | 30,659
Directors' loan accounts | - |  | 9,222
| 20,810 |  | 41,557

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 2,931,915 |  | 4,866,915

Page 3
Page 4
BLUE PROP LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
There are unsecured loans received to purchase property. The interest charged is 2.5% per annum, which is paid only when the property is sold. The loan is also repaid when the proprty is sold..

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other Creditors | 2,931,915 |  | 4,866,915

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Related Party Transactions
At the balance sheet date, £237,639 (2024 - £225,682) was due from Ryla Limited and £16,879 was due to Magprop Ltd companies related by virtue of common ownership and directorship.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mrs C Magid by virtue of his ownership of 60% of the issued share capital in the company.
Page 4