Acorah Software Products - Accounts Production 19.2.450 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 13043989 Mr Kane Georgiou Mrs Lucia Georgiou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13043989 2024-09-30 13043989 2025-09-30 13043989 2024-10-01 2025-09-30 13043989 frs-core:CurrentFinancialInstruments 2025-09-30 13043989 frs-core:Non-currentFinancialInstruments 2025-09-30 13043989 frs-core:FurnitureFittings 2025-09-30 13043989 frs-core:FurnitureFittings 2024-10-01 2025-09-30 13043989 frs-core:FurnitureFittings 2024-09-30 13043989 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-09-30 13043989 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-01 2025-09-30 13043989 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 13043989 frs-core:MotorVehicles 2025-09-30 13043989 frs-core:MotorVehicles 2024-10-01 2025-09-30 13043989 frs-core:MotorVehicles 2024-09-30 13043989 frs-core:WithinOneYear 2025-09-30 13043989 frs-core:ShareCapital 2025-09-30 13043989 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 13043989 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13043989 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 13043989 frs-bus:SmallEntities 2024-10-01 2025-09-30 13043989 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 13043989 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 13043989 frs-bus:Director1 2024-10-01 2025-09-30 13043989 frs-bus:Director1 2024-09-30 13043989 frs-bus:Director1 2025-09-30 13043989 frs-bus:Director2 2024-10-01 2025-09-30 13043989 frs-countries:EnglandWales 2024-10-01 2025-09-30 13043989 2023-09-30 13043989 2024-09-30 13043989 2023-10-01 2024-09-30 13043989 frs-core:CurrentFinancialInstruments 2024-09-30 13043989 frs-core:Non-currentFinancialInstruments 2024-09-30 13043989 frs-core:BetweenOneFiveYears 2024-09-30 13043989 frs-core:WithinOneYear 2024-09-30 13043989 frs-core:ShareCapital 2024-09-30 13043989 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 13043989
Georgiou Acquisitions Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13043989
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 135,377 49,557
Investment Properties 5 3,009,567 3,009,567
3,144,944 3,059,124
CURRENT ASSETS
Debtors 6 13,664 11,860
Cash at bank and in hand 56,892 56,510
70,556 68,370
Creditors: Amounts Falling Due Within One Year 7 (301,839 ) (141,012 )
NET CURRENT ASSETS (LIABILITIES) (231,283 ) (72,642 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,913,661 2,986,482
Creditors: Amounts Falling Due After More Than One Year 8 (2,857,699 ) (2,922,255 )
NET ASSETS 55,962 64,227
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 55,862 64,127
SHAREHOLDERS' FUNDS 55,962 64,227
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For the year ending 30 September 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.
The financial statements were approved by the board of directors on 27 May 2026 and were signed on its behalf by:
Mr Kane Georgiou
Director
27 May 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Georgiou Acquisitions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13043989 . The registered office is Henge Barn Pury Hill Business Park, Alderton Road, Towcester, NN12 7LS.
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:
Leasehold No depreciation
Motor Vehicles 20% straight line
Fixtures & Fittings 25% straight line
2.4. 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.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.6. 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: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2024 11,300 74,740 2,583 88,623
Additions 100,977 - 205 101,182
As at 30 September 2025 112,277 74,740 2,788 189,805
Depreciation
As at 1 October 2024 - 37,370 1,696 39,066
Provided during the period - 14,948 414 15,362
As at 30 September 2025 - 52,318 2,110 54,428
Net Book Value
As at 30 September 2025 112,277 22,422 678 135,377
As at 1 October 2024 11,300 37,370 887 49,557
5. Investment Property
2025
£
Fair Value
As at 1 October 2024 and 30 September 2025 3,009,567
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,920 5,136
Other debtors 10,744 6,724
13,664 11,860
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 38,380 6,252
Trade creditors 120,149 12,587
Bank loans and overdrafts 27,996 27,996
Amounts owed to participating interests 1,350 1,350
Other creditors 113,964 81,940
Taxation and social security - 10,887
301,839 141,012
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 38,380
Bank loans 1,533,021 1,561,017
Amounts owed to participating interests 1,324,678 1,322,858
2,857,699 2,922,255
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 38,380 6,252
Later than one year and not later than five years - 38,380
38,380 44,632
38,380 44,632
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 September 2025
£ £ £ £ £
Mr Kane Georgiou 4,806 - - - -
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
At the balance sheet date, the company owed £1,324,678 to Kola Holdings Ltd, the ultimate controlling party.
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