Acorah Software Products - Accounts Production 19.1.200 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 12835294 Dr A S Dhindsa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12835294 2024-08-31 12835294 2025-08-31 12835294 2024-09-01 2025-08-31 12835294 frs-core:Non-currentFinancialInstruments 2025-08-31 12835294 frs-core:ShareCapital 2025-08-31 12835294 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 12835294 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 12835294 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 12835294 frs-bus:SmallEntities 2024-09-01 2025-08-31 12835294 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 12835294 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 12835294 frs-bus:Director1 2024-09-01 2025-08-31 12835294 frs-countries:EnglandWales 2024-09-01 2025-08-31 12835294 2023-08-31 12835294 2024-08-31 12835294 2023-09-01 2024-08-31 12835294 frs-core:CurrentFinancialInstruments 2024-08-31 12835294 frs-core:Non-currentFinancialInstruments 2024-08-31 12835294 frs-core:ShareCapital 2024-08-31 12835294 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 12835294
ASD Homes Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12835294
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 599,014 408,187
599,014 408,187
CURRENT ASSETS
Cash at bank and in hand 2,235 755
2,235 755
Creditors: Amounts Falling Due Within One Year 6 (179,419 ) (116,490 )
NET CURRENT ASSETS (LIABILITIES) (177,184 ) (115,735 )
TOTAL ASSETS LESS CURRENT LIABILITIES 421,830 292,452
Creditors: Amounts Falling Due After More Than One Year 7 (422,470 ) (284,965 )
NET (LIABILITIES)/ASSETS (640 ) 7,487
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (740 ) 7,387
SHAREHOLDERS' FUNDS (640) 7,487
Page 1
Page 2
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 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
Dr A S Dhindsa
Director
31/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ASD Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12835294 . The registered office is Office 1 21 Hatherton Street, Walsall, WS4 2LA.
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 director has 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, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or 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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investment Property
2025
£
Fair Value
As at 1 September 2024 408,187
Additions 190,827
As at 31 August 2025 599,014
5. Debtors
2025 2024
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 179,419 115,553
Taxation and social security - 937
179,419 116,490
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 422,470 284,965
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4