Acorah Software Products - Accounts Production 19.2.450 false true false 13 January 2025 31 March 2026 31 March 2026 SC833839 Mr Anthony Kearney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC833839 2025-01-12 SC833839 2026-03-31 SC833839 2025-01-13 2026-03-31 SC833839 frs-core:CurrentFinancialInstruments 2026-03-31 SC833839 frs-core:Non-currentFinancialInstruments 2026-03-31 SC833839 frs-core:ComputerEquipment 2026-03-31 SC833839 frs-core:ComputerEquipment 2025-01-13 2026-03-31 SC833839 frs-core:ComputerEquipment 2025-01-12 SC833839 frs-core:InvestmentPropertyIncludedWithinPPE 2026-03-31 SC833839 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-13 2026-03-31 SC833839 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-12 SC833839 frs-core:ShareCapital 2026-03-31 SC833839 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 SC833839 frs-bus:PrivateLimitedCompanyLtd 2025-01-13 2026-03-31 SC833839 frs-bus:FilletedAccounts 2025-01-13 2026-03-31 SC833839 frs-bus:SmallEntities 2025-01-13 2026-03-31 SC833839 frs-bus:AuditExempt-NoAccountantsReport 2025-01-13 2026-03-31 SC833839 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-13 2026-03-31 SC833839 frs-bus:Director1 2025-01-13 2026-03-31 SC833839 frs-countries:Scotland 2025-01-13 2026-03-31
Registered number: SC833839
Prospero Property Investments Ltd
Unaudited Financial Statements
For the Period 13 January 2025 to 31 March 2026
Prospero Property Investments Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Prospero Property Investments Ltd
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: SC833839

| 31 March 2026
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 264,674
|  |  | 264,674
CURRENT ASSETS
Debtors | 5 | 144 |
Cash at bank and in hand |  | 4,196 |
|  | 4,340 |
Creditors: Amounts Falling Due Within One Year | 6 | (84,021 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (79,681 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 184,993
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (162,201 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (4,199 )
NET ASSETS |  |  | 18,593
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100
Profit and Loss Account |  |  | 18,493
SHAREHOLDERS' FUNDS |  |  | 18,593

Page 1
Page 2
Prospero Property Investments Ltd
Balance Sheet (continued)
As At 31 March 2026
For the period 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 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

Mr Anthony Kearney Director
09/06/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Prospero Property Investments Ltd
Notes to the Financial Statements
For the Period 13 January 2025 to 31 March 2026
Notes to the Financial Statements
1. General Information
Prospero Property Investments Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC833839 . The registered office is Clyde Offices 2nd Floor, 48 West George Street, Glasgow, G2 1BP.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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:

Computer Equipment | 25% Straight Line

2.4. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
Changes in fair value are recognised in the profit and loss account.
2.5. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets

| Investment Properties | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 13 January 2025 | - | - | -
Additions | 236,086 | 899 | 236,985
Revaluation | 27,914 | - | 27,914
As at 31 March 2026 | 264,000 | 899 | 264,899
Depreciation
As at 13 January 2025 | - | - | -
Provided during the period | - | 225 | 225
As at 31 March 2026 | - | 225 | 225

...CONTINUED
Page 3
Page 4
Prospero Property Investments Ltd
Notes to the Financial Statements (continued)
For the Period 13 January 2025 to 31 March 2026

Net Book Value
As at 31 March 2026 | 264,000 | 674 | 264,674
As at 13 January 2025 | - | - | -

5. Debtors

| 31 March 2026
--- | ---
| £
Due within one year
Prepayments and accrued income | 44
Other debtors | 100
| 144

6. Creditors: Amounts Falling Due Within One Year

| 31 March 2026
--- | ---
| £
Other creditors | 107
Accruals and deferred income | 1,388
Director's loan account | 82,526
| 84,021

7. Creditors: Amounts Falling Due After More Than One Year

| 31 March 2026
--- | ---
| £
Bank loans | 162,201

8. Secured Creditors
Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of 25 years.

| 31 March 2026
--- | ---
| £
Bank loans and overdrafts | 162,201

9. Share Capital

| 31 March 2026
--- | ---
| £
Allotted, Called up and fully paid | 100

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