Acorah Software Products - Accounts Production 19.2.450 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 12205862 Mr Paul Chamberlain Mrs Victoria Chamberlain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12205862 2024-09-30 12205862 2025-09-30 12205862 2024-10-01 2025-09-30 12205862 frs-core:CurrentFinancialInstruments 2025-09-30 12205862 frs-core:Non-currentFinancialInstruments 2025-09-30 12205862 frs-core:FurnitureFittings 2025-09-30 12205862 frs-core:FurnitureFittings 2024-10-01 2025-09-30 12205862 frs-core:FurnitureFittings 2024-09-30 12205862 frs-core:MotorVehicles 2025-09-30 12205862 frs-core:MotorVehicles 2024-10-01 2025-09-30 12205862 frs-core:MotorVehicles 2024-09-30 12205862 frs-core:ShareCapital 2025-09-30 12205862 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 12205862 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 12205862 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 12205862 frs-bus:SmallEntities 2024-10-01 2025-09-30 12205862 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 12205862 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 12205862 frs-bus:Director1 2024-10-01 2025-09-30 12205862 frs-bus:Director2 2024-10-01 2025-09-30 12205862 frs-countries:EnglandWales 2024-10-01 2025-09-30 12205862 2023-09-30 12205862 2024-09-30 12205862 2023-10-01 2024-09-30 12205862 frs-core:CurrentFinancialInstruments 2024-09-30 12205862 frs-core:Non-currentFinancialInstruments 2024-09-30 12205862 frs-core:ShareCapital 2024-09-30 12205862 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 12205862
Challis Property Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Kate Bennett Accountancy Services
Challis Property Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Challis Property Ltd
Statement of Financial Position
As At 30 September 2025
Statement of Financial Position
Registered number: 12205862

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 8,185 |  | 3,840
Investment Properties | 5 |  | 937,860 |  | 939,860
|  |  | 946,045 |  | 943,700
CURRENT ASSETS
Debtors | 6 | 11,102 |  | 7,486 |
Cash at bank and in hand |  | 14,334 |  | 21,780 |
|  | 25,436 |  | 29,266 |
Creditors: Amounts Falling Due Within One Year | 7 | (58,044 ) |  | (63,434 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (32,608 ) |  | (34,168 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 913,437 |  | 909,532
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (941,916 ) |  | (931,820 )
NET LIABILITIES |  |  | (28,479 ) |  | (22,288 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 4 |  | 4
Income Statement |  |  | (28,483 ) |  | (22,292 )
SHAREHOLDERS' FUNDS |  |  | (28,479) |  | (22,288)

Page 1
Page 2
Challis Property Ltd
Statement of Financial Position (continued)
As At 30 September 2025
For the year ending 30 September 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

Mrs Victoria Chamberlain Director
08/05/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Challis Property Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
Challis Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12205862 . The registered office is 72 Mousehole Lane, Southampton, SO18 4FD.
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:

Motor Vehicles | 25% Reducing Balance
Fixtures & Fittings | 25% Reducing Balance

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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 1)
2 1
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 October 2024 | - | 5,120 | 5,120
Additions | 7,074 | - | 7,074
As at 30 September 2025 | 7,074 | 5,120 | 12,194

...CONTINUED
Page 3
Page 4
Challis Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025

Depreciation
As at 1 October 2024 | - | 1,280 | 1,280
Provided during the period | 1,769 | 960 | 2,729
As at 30 September 2025 | 1,769 | 2,240 | 4,009
Net Book Value
As at 30 September 2025 | 5,305 | 2,880 | 8,185
As at 1 October 2024 | - | 3,840 | 3,840

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 October 2024 | 939,860
Disposals | (2,000 )
As at 30 September 2025 | 937,860

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 11,102 |  | 7,486

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 1,333 |  | 1,333
Other creditors | 56,711 |  | 62,101
| 58,044 |  | 63,434

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 5,667 |  | 7,000
Other creditors | 936,249 |  | 924,820
| 941,916 |  | 931,820

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 4 |  | 4

Page 4
Page 5
Challis Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
10. Related Party Transactions
The company is under the common control of its shareholders, who also control other companies with which the company transacts.
The company has received loans from related parties. These loans are unsecured and has no fixed repayment terms. Interest is charged at the prevailing rate.
At the balance sheet date, amounts totalling £203,015 (2024: £198,547) were owed to related parties.
Page 5