Acorah Software Products - Accounts Production 19.2.350 false true 28 February 2025 29 February 2024 false 1 March 2025 28 February 2026 28 February 2026 SC757273 Mr John Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC757273 2025-02-28 SC757273 2026-02-28 SC757273 2025-03-01 2026-02-28 SC757273 frs-core:CurrentFinancialInstruments 2026-02-28 SC757273 frs-core:Non-currentFinancialInstruments 2026-02-28 SC757273 frs-core:InvestmentPropertyIncludedWithinPPE 2026-02-28 SC757273 frs-core:InvestmentPropertyIncludedWithinPPE 2025-02-28 SC757273 frs-core:ShareCapital 2026-02-28 SC757273 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 SC757273 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 SC757273 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 SC757273 frs-bus:SmallEntities 2025-03-01 2026-02-28 SC757273 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 SC757273 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 SC757273 frs-bus:Director1 2025-03-01 2026-02-28 SC757273 frs-countries:Scotland 2025-03-01 2026-02-28 SC757273 2024-02-28 SC757273 2025-02-28 SC757273 2024-02-29 2025-02-28 SC757273 frs-core:CurrentFinancialInstruments 2025-02-28 SC757273 frs-core:Non-currentFinancialInstruments 2025-02-28 SC757273 frs-core:ShareCapital 2025-02-28 SC757273 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: SC757273
Marley Properties Scotland Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC757273
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 105,075 105,075
105,075 105,075
CURRENT ASSETS
Debtors 5 600 600
Cash at bank and in hand 2,020 2,073
2,620 2,673
Creditors: Amounts Falling Due Within One Year 6 (33,964 ) (34,131 )
NET CURRENT ASSETS (LIABILITIES) (31,344 ) (31,458 )
TOTAL ASSETS LESS CURRENT LIABILITIES 73,731 73,617
Creditors: Amounts Falling Due After More Than One Year 7 (73,480 ) (73,480 )
NET ASSETS 251 137
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 250 136
SHAREHOLDERS' FUNDS 251 137
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For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 John Simpson
Director
22/05/2026
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
Marley Properties Scotland Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC757273 . The registered office is 81 Buller Crescent, Blantyre, Glasgow, G72 9JF.
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.
The financial statements have been prepared on the going concern basis which assumes that the company will
continue in operational existence in the forseeable future. The validity of this assumption depends on the continued
support of the company's finance providers and director for the forthcoming year.
Current liabilities include loans due to the director which is repayable on demand. The director will not demand repayment of the loan due where this would impair the ability of the company to trade.
The director belives that it is appropriate for the going concern basis to be used.
2.2. Turnover
Turnover consists of rental income which is recognised on a straight-line basis over the lease term.
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:
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.
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: 1 (2025: 1)
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4. Tangible Assets
Investment Properties
£
Cost
As at 1 March 2025 105,075
As at 28 February 2026 105,075
Net Book Value
As at 28 February 2026 105,075
As at 1 March 2025 105,075
Cost or valuation as at 28 February 2026 represented by:
Investment Properties
£
At valuation 105,075
105,075
Investment properties were valued on an open market basis on 28 February 2026 by the director for the value of £105,075.
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 600 600
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 27 32
Other creditors 600 600
Accruals and deferred income 951 880
Director's loan account 32,386 32,619
33,964 34,131
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 73,480 73,480
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8. Secured Creditors
Of the creditors the following amounts are secured.
The Mortgage Works (UK) Plc holds a standard security over the property at 7 Graham Street, Motherwell, in respect of the mortgage provided.
2026 2025
£ £
Bank loans and overdrafts 73,480 73,480
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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