Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 10411348 Mrs Hema Kishto Mungroo Mr Jashal Mungroo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10411348 2024-10-31 10411348 2025-10-31 10411348 2024-11-01 2025-10-31 10411348 frs-core:Non-currentFinancialInstruments 2025-10-31 10411348 frs-core:ShareCapital 2025-10-31 10411348 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 10411348 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 10411348 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 10411348 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10411348 frs-bus:AbridgedAccounts 2024-11-01 2025-10-31 10411348 frs-bus:SmallEntities 2024-11-01 2025-10-31 10411348 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 10411348 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10411348 frs-core:AdditionsToInvestments 2025-10-31 10411348 frs-core:CostValuation 2025-10-31 10411348 frs-bus:Director1 2024-11-01 2025-10-31 10411348 frs-bus:Director2 2024-11-01 2025-10-31 10411348 frs-countries:EnglandWales 2024-11-01 2025-10-31 10411348 2023-10-31 10411348 2024-10-31 10411348 2023-11-01 2024-10-31 10411348 frs-core:Non-currentFinancialInstruments 2024-10-31 10411348 frs-core:ShareCapital 2024-10-31 10411348 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 10411348
Havenly Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2025
TaxAssist Accountants
Chartered Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 10411348
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,241,355 816,355
Investments 5 50 -
1,241,405 816,355
CURRENT ASSETS
Debtors 7,337 4,750
Cash at bank and in hand 91,483 149,555
98,820 154,305
Creditors: Amounts Falling Due Within One Year (35,809 ) (40,787 )
NET CURRENT ASSETS (LIABILITIES) 63,011 113,518
TOTAL ASSETS LESS CURRENT LIABILITIES 1,304,416 929,873
Creditors: Amounts Falling Due After More Than One Year (910,302 ) (741,180 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (96,333 ) (47,273 )
NET ASSETS 297,781 141,420
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 297,681 141,320
SHAREHOLDERS' FUNDS 297,781 141,420
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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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 October 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Hema Kishto Mungroo
Director
7th May 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Havenly Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10411348 . The registered office is 7 Solihull Lane, Birmingham, B28 9LS.
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. 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.
2.4. 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 (2024: 1)
1 1
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4. Investment Property
2025
£
Fair Value
As at 1 November 2024 816,355
Additions 228,760
Revaluations 196,240
As at 31 October 2025 1,241,355
5. Investments
Total
£
Cost or Valuation
As at 1 November 2024 -
Additions 50
As at 31 October 2025 50
Provision
As at 1 November 2024 -
As at 31 October 2025 -
Net Book Value
As at 31 October 2025 50
As at 1 November 2024 -
6. Secured Creditors
As part of the financing arrangements with loan providers, there are charges registered with Companies House relating to the investment properties.
Of the creditors the following amounts are secured (including some 5 outstanding charges detailed at Companies House as at the date of the financial statements signing)
2025 2024
£ £
Bank loans and overdrafts 910,302 738,179
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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8. Reserves
Profit and Loss Account
£
As at 1 November 2024 141,320
Profit for the year and total comprehensive income 157,361
Dividends paid (1,000)
As at 31 October 2025 297,681
Within the profit and loss account reserves, there are non distributable reserves of £288,997 (2024: £141,818) relating to the revaluation of properties £385,329 less a deferred tax liability of £96,332.
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