Acorah Software Products - Accounts Production 19.2.450 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 00577683 Mr Ian Downes Mrs Samantha Cowgill Mr Daniel Downes Mr Ian Downes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00577683 2025-03-31 00577683 2026-03-31 00577683 2025-04-01 2026-03-31 00577683 frs-core:CurrentFinancialInstruments 2026-03-31 00577683 frs-core:ComputerEquipment 2026-03-31 00577683 frs-core:ComputerEquipment 2025-04-01 2026-03-31 00577683 frs-core:ComputerEquipment 2025-03-31 00577683 frs-core:FurnitureFittings 2026-03-31 00577683 frs-core:FurnitureFittings 2025-04-01 2026-03-31 00577683 frs-core:FurnitureFittings 2025-03-31 00577683 frs-core:InvestmentPropertyIncludedWithinPPE 2026-03-31 00577683 frs-core:InvestmentPropertyIncludedWithinPPE 2025-04-01 2026-03-31 00577683 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 00577683 frs-core:PlantMachinery 2026-03-31 00577683 frs-core:PlantMachinery 2025-04-01 2026-03-31 00577683 frs-core:PlantMachinery 2025-03-31 00577683 frs-core:CapitalRedemptionReserve 2026-03-31 00577683 frs-core:ShareCapital 2026-03-31 00577683 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 00577683 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 00577683 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 00577683 frs-bus:SmallEntities 2025-04-01 2026-03-31 00577683 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 00577683 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 00577683 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 00577683 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2026-03-31 00577683 frs-bus:Director1 2025-04-01 2026-03-31 00577683 frs-bus:Director2 2025-04-01 2026-03-31 00577683 frs-bus:Director3 2025-04-01 2026-03-31 00577683 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 00577683 frs-countries:EnglandWales 2025-04-01 2026-03-31 00577683 2024-03-31 00577683 2025-03-31 00577683 2024-04-01 2025-03-31 00577683 frs-core:CurrentFinancialInstruments 2025-03-31 00577683 frs-core:CapitalRedemptionReserve 2025-03-31 00577683 frs-core:ShareCapital 2025-03-31 00577683 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00577683 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31
Registered number: 00577683
DOWNES PROPERTY LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2026
DOWNES PROPERTY LIMITED
Contents
Contents

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

Page 1
DOWNES PROPERTY LIMITED
Statement of Financial Position
As At 31 March 2026
Statement of Financial Position
Registered number: 00577683

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,805,660 |  | 3,155,256
|  |  | 2,805,660 |  | 3,155,256
CURRENT ASSETS
Debtors | 5 | 8,591 |  | 20,691 |
Cash at bank and in hand |  | 1,698,065 |  | 1,428,172 |
|  | 1,706,656 |  | 1,448,863 |
Creditors: Amounts Falling Due Within One Year | 6 | (138,589 ) |  | (180,696 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,568,067 |  | 1,268,167
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,373,727 |  | 4,423,423
NET ASSETS |  |  | 4,373,727 |  | 4,423,423
CAPITAL AND RESERVES
Called up share capital | 7 |  | 96,950 |  | 96,950
Capital redemption reserve |  |  | 206,050 |  | 206,050
Fair value reserve | 9 |  | 752,756 |  | 757,756
Income Statement |  |  | 3,317,971 |  | 3,362,667
SHAREHOLDERS' FUNDS |  |  | 4,373,727 |  | 4,423,423

Page 1
Page 2
DOWNES PROPERTY LIMITED
Statement of Financial Position (continued)
As At 31 March 2026
For the year ending 31 March 2026 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

Mr Ian Downes Director
20/05/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
DOWNES PROPERTY LIMITED
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
DOWNES PROPERTY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 00577683 . The registered office is St James House , 65 Mere Green Road, Sutton Coldfield, West Midlands , B75 5BY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
2.2. Turnover
Turnover is the total amount receivable by the Company in the ordinary course of business for services provided, excluding VAT.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant & Machinery | 25% reducing balance
Fixtures & Fittings | 15% reducing balance
Computer Equipment | 33 1/3% straight line

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 the income statement.
2.5. Leasing and Hire Purchase Contracts
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2.6. Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 4)
3 4
4. Tangible Assets

| Investment Properties | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost or Valuation
As at 1 April 2025 | 3,153,333 | 16,335 | 33,264 | 1,467 | 3,204,399
Additions | - | - | - | 1,275 | 1,275
Disposals | (345,000 ) | - | - | (1,467 ) | (346,467 )
Revaluation | (5,000 ) | - | - | - | (5,000 )
As at 31 March 2026 | 2,803,333 | 16,335 | 33,264 | 1,275 | 2,854,207

...CONTINUED
Page 3
Page 4
DOWNES PROPERTY LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025 | - | 14,776 | 32,900 | 1,467 | 49,143
Provided during the period | - | 390 | 55 | 426 | 871
Disposals | - | - | - | (1,467 ) | (1,467 )
As at 31 March 2026 | - | 15,166 | 32,955 | 426 | 48,547
Net Book Value
As at 31 March 2026 | 2,803,333 | 1,169 | 309 | 849 | 2,805,660
As at 1 April 2025 | 3,153,333 | 1,559 | 364 | - | 3,155,256

The original cost of investment property was £2,818,836 . Investment property is valued at an open market value on an annual basis by the directors .
5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 6,469 |  | 12,724
Other debtors | 2,122 |  | 7,967
| 8,591 |  | 20,691

6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,529 |  | 3,489
Other creditors | 127,670 |  | 157,289
Taxation and social security | 8,390 |  | 19,918
| 138,589 |  | 180,696

7. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 96,950 |  | 96,950

8. Directors Advances, Credits and Guarantees
Lease commitments
The total financial commitments which are not included in the balance sheet amount to £Nil (2025:£80,850).
9. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 April 2025 | 757,756
Movements in fair value reserve | (5,000)
As at 31 March 2026 | 752,756

Page 4
Page 5
DOWNES PROPERTY LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
10. Related Party Transactions
Mr I J R Downes is a director and controlling shareholder of the Company

Mr I J R Downes is a director and controlling shareholder of the Company

At 31st March 2026 a loan of £100,407 was owed by the Company to Mr I J R Downes (2025 : £125,419), a market rate of interest of £6,250 has been paid on this balance in the year (2025: £12,500).
Dividends were paid in the year to the following individuals who are all directors of the Company, Mrs J S Downes £2,250, Mr I J R Downes £39,000, Mr D A Downes £9,375 and Mrs S Cowgill £9,375.
Page 5