Acorah Software Products - Accounts Production 19.2.450 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 SC631763 Mr Christopher O'Brien Mr Gary Sharp Mr Francis Hume iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC631763 2024-05-31 SC631763 2025-05-31 SC631763 2024-06-01 2025-05-31 SC631763 frs-core:CurrentFinancialInstruments 2025-05-31 SC631763 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 SC631763 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 SC631763 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 SC631763 frs-core:ShareCapital 2025-05-31 SC631763 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 SC631763 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 SC631763 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 SC631763 frs-bus:SmallEntities 2024-06-01 2025-05-31 SC631763 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 SC631763 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 SC631763 frs-bus:Director1 2024-06-01 2025-05-31 SC631763 frs-bus:Director2 2024-06-01 2025-05-31 SC631763 frs-bus:Director3 2024-06-01 2025-05-31 SC631763 frs-countries:Scotland 2024-06-01 2025-05-31 SC631763 2023-05-31 SC631763 2024-05-31 SC631763 2023-06-01 2024-05-31 SC631763 frs-core:CurrentFinancialInstruments 2024-05-31 SC631763 frs-core:ShareCapital 2024-05-31 SC631763 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: SC631763
Simply Investment Real Estate Ltd
Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC631763
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 150,000 -
150,000 -
CURRENT ASSETS
Debtors 5 85,735 2,963,583
Investments 6 500 500
Cash at bank and in hand 16,884 17,298
103,119 2,981,381
Creditors: Amounts Falling Due Within One Year 7 (357,454 ) (3,098,725 )
NET CURRENT ASSETS (LIABILITIES) (254,335 ) (117,344 )
TOTAL ASSETS LESS CURRENT LIABILITIES (104,335 ) (117,344 )
NET LIABILITIES (104,335 ) (117,344 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (104,435 ) (117,444 )
SHAREHOLDERS' FUNDS (104,335) (117,344)
Page 1
Page 2
For the year ending 31 May 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
Mr Gary Sharp
Director
9 April 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Simply Investment Real Estate Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC631763 . The registered office is Stewart House Pochard Way, Strathclyde Business Park, Bellshill, ML4 3HB.
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. 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:
Freehold Not depreciated
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 June 2024 -
Additions 150,000
As at 31 May 2025 150,000
Net Book Value
As at 31 May 2025 150,000
As at 1 June 2024 -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 40,400 2,880,000
Prepayments and accrued income 5,681 -
Other debtors 100 45,100
VAT 39,554 776
Amounts owed by group undertakings - 37,707
85,735 2,963,583
6. Current Asset Investments
2025 2024
£ £
Shares in subsidiaries 500 500
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 49,145 3,098,225
Directors' loan accounts 500 500
Amounts owed to related parties 307,809 -
357,454 3,098,725
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5