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 03643624 Mr R Bagnall Mrs S Bagnall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03643624 2024-10-31 03643624 2025-10-31 03643624 2024-11-01 2025-10-31 03643624 frs-core:CurrentFinancialInstruments 2025-10-31 03643624 frs-core:Non-currentFinancialInstruments 2025-10-31 03643624 frs-core:MotorVehicles 2025-10-31 03643624 frs-core:MotorVehicles 2024-11-01 2025-10-31 03643624 frs-core:MotorVehicles 2024-10-31 03643624 frs-core:PlantMachinery 2025-10-31 03643624 frs-core:PlantMachinery 2024-11-01 2025-10-31 03643624 frs-core:PlantMachinery 2024-10-31 03643624 frs-core:RevaluationReserve 2024-10-31 03643624 frs-core:RevaluationReserve 2025-10-31 03643624 frs-core:ShareCapital 2025-10-31 03643624 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 03643624 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 03643624 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 03643624 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 03643624 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 03643624 frs-bus:SmallEntities 2024-11-01 2025-10-31 03643624 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 03643624 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 03643624 frs-bus:Director1 2024-11-01 2025-10-31 03643624 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 03643624 frs-countries:EnglandWales 2024-11-01 2025-10-31 03643624 2023-10-31 03643624 2024-10-31 03643624 2023-11-01 2024-10-31 03643624 frs-core:CurrentFinancialInstruments 2024-10-31 03643624 frs-core:Non-currentFinancialInstruments 2024-10-31 03643624 frs-core:RevaluationReserve 2024-10-31 03643624 frs-core:ShareCapital 2024-10-31 03643624 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 03643624
Victor Grange Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Goldwells
15-17 High Street
Kingussie
PH21 1HS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03643624
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,261 67,096
Investment Properties 5 802,434 802,434
808,695 869,530
CURRENT ASSETS
Debtors 6 1,304 12,029
Cash at bank and in hand 69,760 4,144
71,064 16,173
Creditors: Amounts Falling Due Within One Year 7 (153,310 ) (158,508 )
NET CURRENT ASSETS (LIABILITIES) (82,246 ) (142,335 )
TOTAL ASSETS LESS CURRENT LIABILITIES 726,449 727,195
Creditors: Amounts Falling Due After More Than One Year 8 (25,000 ) (80,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (278 )
NET ASSETS 701,449 646,917
CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 10 186,727 186,727
Profit and Loss Account 514,720 460,188
SHAREHOLDERS' FUNDS 701,449 646,917
Page 1
Page 2
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 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 R Bagnall
Director
30/06/2026
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
Victor Grange Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03643624 . The registered office is 6 Veasey Park, Wembury, Plymouth, PL9 0ES.
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 represents amounts receivable for rental income net of VAT. Revenue is recognised on an accrual basis.
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:
Plant & Machinery 10% on straight line
Motor Vehicles 25% on reducing balance
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. 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: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2024 91,840 22,046 113,886
Disposals (83,283 ) - (83,283 )
As at 31 October 2025 8,557 22,046 30,603
Depreciation
As at 1 November 2024 25,857 20,933 46,790
Provided during the period 856 278 1,134
Disposals (23,582 ) - (23,582 )
As at 31 October 2025 3,131 21,211 24,342
Net Book Value
As at 31 October 2025 5,426 835 6,261
As at 1 November 2024 65,983 1,113 67,096
5. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 802,434
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 1,304 12,029
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Bank loans and overdrafts 25,000 35,000
Amounts owed to participating interests 95,456 93,419
Other creditors 11,233 14,728
Taxation and social security 21,620 15,361
153,310 158,508
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 25,000 80,000
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Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 November 2024 186,727 460,188
Profit for the year and total comprehensive income - 54,532
As at 31 October 2025 186,727 514,720
Page 5