Acorah Software Products - Accounts Production 19.2.350 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 08251964 Mr J Mills Mrs P Mills iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08251964 2024-10-31 08251964 2025-10-31 08251964 2024-11-01 2025-10-31 08251964 frs-core:CurrentFinancialInstruments 2025-10-31 08251964 frs-core:ComputerEquipment 2025-10-31 08251964 frs-core:ComputerEquipment 2024-11-01 2025-10-31 08251964 frs-core:ComputerEquipment 2024-10-31 08251964 frs-core:RevaluationReserve 2025-10-31 08251964 frs-core:ShareCapital 2025-10-31 08251964 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 08251964 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08251964 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 08251964 frs-bus:SmallEntities 2024-11-01 2025-10-31 08251964 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 08251964 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08251964 frs-bus:Director1 2024-11-01 2025-10-31 08251964 frs-bus:Director2 2024-11-01 2025-10-31 08251964 frs-countries:EnglandWales 2024-11-01 2025-10-31 08251964 2023-10-31 08251964 2024-10-31 08251964 2023-11-01 2024-10-31 08251964 frs-core:CurrentFinancialInstruments 2024-10-31 08251964 frs-core:RevaluationReserve 2024-10-31 08251964 frs-core:ShareCapital 2024-10-31 08251964 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 08251964
Greenwell Investments Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08251964
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 5,794 6,489
Investment Properties 6 695,000 695,000
700,794 701,489
CURRENT ASSETS
Debtors 7 7,267 5,754
Cash at bank and in hand 16,713 20,529
23,980 26,283
Creditors: Amounts Falling Due Within One Year 8 (229,947 ) (240,474 )
NET CURRENT ASSETS (LIABILITIES) (205,967 ) (214,191 )
TOTAL ASSETS LESS CURRENT LIABILITIES 494,827 487,298
PROVISIONS FOR LIABILITIES
Deferred Taxation (89,151 ) (89,118 )
NET ASSETS 405,676 398,180
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 265,943 265,943
Profit and Loss Account 139,633 132,137
SHAREHOLDERS' FUNDS 405,676 398,180
Page 1
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
Mrs P Mills
Director
27/05/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Greenwell Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08251964 . The registered office is 1-2 Rhodium Point Spindle Close, Hawkinge, Folkestone, Kent, CT18 7TQ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
2. Statement of Compliance
The financial statements have been prepared 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.
3. Accounting Policies
3.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention except that investment properties have been shown at fair value.
3.2. 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.
3.3. Significant judgements and estimations
No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.  
No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made. 
3.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable in respect of rental from investment properties. Turnover is recognised when the rent is invoiced.
3.5. 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:
Office Equipment 20% reducing balance
3.6. 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 revaluation reserve..
3.7. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3.8. Interest Receivable
Interest income is recognised in the profit and loss account using the effective interest method.
Page 3
Page 4
3.9. 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.
3.10. Provisions and Contingencies
Provisions
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.
Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.
Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.
3.11. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. 
4. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 4
Page 5
5. Tangible Assets
Office Equipment
£
Cost
As at 1 November 2024 14,420
Additions 754
As at 31 October 2025 15,174
Depreciation
As at 1 November 2024 7,931
Provided during the period 1,449
As at 31 October 2025 9,380
Net Book Value
As at 31 October 2025 5,794
As at 1 November 2024 6,489
6. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 695,000
The 2025 valuations were made by the directors, on an open market value for the existing use basis.
If the investment properties had been accounted for under the historic cost accounting rule the properties would be measured at a cost of £340,410.
If the investment properties were to be sold at the current revaluation amount, corporation tax totalling £88,648 would be payable.
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,616 4,554
Prepayments and accrued income 983 1,200
Other debtor 668 -
7,267 5,754
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,198 1,569
Corporation tax 2,358 4,046
VAT 9,272 8,772
Accruals 1,980 1,885
Directors' loan accounts 213,139 224,202
229,947 240,474
Page 5
Page 6
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Disclosures
Lakehurst Developments Limited
A company in which both J.E. Mills and P.G. Mills are directors and shareholders.
During the year the company paid £20,000 (2024: £20,000) to Lakehurst Developments Limited in respect of
management charges.
Page 6