Acorah Software Products - Accounts Production 19.2.350 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 12148149 Emma Sekhon Gurpal Sekhon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12148149 2024-08-31 12148149 2025-08-31 12148149 2024-09-01 2025-08-31 12148149 frs-core:CurrentFinancialInstruments 2025-08-31 12148149 frs-core:Non-currentFinancialInstruments 2025-08-31 12148149 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 12148149 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 12148149 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 12148149 frs-core:MotorVehicles 2025-08-31 12148149 frs-core:MotorVehicles 2024-09-01 2025-08-31 12148149 frs-core:MotorVehicles 2024-08-31 12148149 frs-core:RevaluationReserve 2024-08-31 12148149 frs-core:RevaluationReserve 2025-08-31 12148149 frs-core:ShareCapital 2025-08-31 12148149 frs-core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 12148149 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-08-31 12148149 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 12148149 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 12148149 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 12148149 frs-bus:SmallEntities 2024-09-01 2025-08-31 12148149 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 12148149 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 12148149 frs-bus:Director1 2024-09-01 2025-08-31 12148149 frs-bus:Director2 2024-09-01 2025-08-31 12148149 frs-countries:EnglandWales 2024-09-01 2025-08-31 12148149 2023-08-31 12148149 2024-08-31 12148149 2023-09-01 2024-08-31 12148149 frs-core:CurrentFinancialInstruments 2024-08-31 12148149 frs-core:Non-currentFinancialInstruments 2024-08-31 12148149 frs-core:RevaluationReserve 2024-08-31 12148149 frs-core:ShareCapital 2024-08-31 12148149 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 12148149
Sekco Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 12148149
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,565,342 4,560,000
4,565,342 4,560,000
CURRENT ASSETS
Debtors 5 53,685 29,048
Cash at bank and in hand 188 17
53,873 29,065
Creditors: Amounts Falling Due Within One Year 6 (870,540 ) (860,343 )
NET CURRENT ASSETS (LIABILITIES) (816,667 ) (831,278 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,748,675 3,728,722
Creditors: Amounts Falling Due After More Than One Year 7 (2,966,000 ) (2,973,902 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (343,029 ) (343,029 )
NET ASSETS 439,646 411,791
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 1,372,115 1,372,115
Income Statement (932,470 ) (960,325 )
SHAREHOLDERS' FUNDS 439,646 411,791
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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 Income Statement.
On behalf of the board
Gurpal Sekhon
Director
30/04/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sekco Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12148149 . The registered office is 509 Stroude Road, Virginia Water, Surrey, United Kingdom, GU25 4BU.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
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:
Freehold 0%
Motor Vehicles 20%
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.
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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.
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.
2.7. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2.8. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.9. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Tangible Assets
Land & Property
Freehold Motor Vehicles Total
£ £ £
Cost
As at 1 September 2024 4,560,000 - 4,560,000
Additions - 6,410 6,410
As at 31 August 2025 4,560,000 6,410 4,566,410
Depreciation
As at 1 September 2024 - - -
Provided during the period - 1,068 1,068
As at 31 August 2025 - 1,068 1,068
Net Book Value
As at 31 August 2025 4,560,000 5,342 4,565,342
As at 1 September 2024 4,560,000 - 4,560,000
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 4,422 639
Due after more than one year
Amounts owed by group undertakings 49,263 28,409
53,685 29,048
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1,439
Bank loans and overdrafts 9,580 10,310
Other creditors 860,960 848,594
870,540 860,343
Bank loan relates to Bounce Back Loan scheme set up by the Government to help businesses with Covid-19. It is Government backed unsecured loan. The loan is for a period of six years. No  interest is payable for the first year of the loan, and thereafter interest is charged at 2.5% per annum.
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 7,902
Other loans 2,966,000 2,966,000
2,966,000 2,973,902
Other loans relates to mortgage finance by Investec Bank Plc for £2,966,000, which is secured over the company property on interest only basis @ 5.99% per annum fixed. The repayment is due in full after 5 years.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Revaluation reserve Income Statement
£ £
As at 1 September 2024 1,372,115 (960,325 )
Profit for the year and total comprehensive income - 27,855
As at 31 August 2025 1,372,115 (932,470 )
10. Related Party Transactions
The company has taken advantage of the exemption under FRS102 Section 33 to not disclose transactions between two or more members of a group where one company is a wholly owned subsidiary.
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