Acorah Software Products - Accounts Production 19.2.450 false true 26 April 2024 1 May 2023 false 27 April 2024 25 April 2025 25 April 2025 11944406 Thomas Appleton Kevin Jeeps iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11944406 2024-04-26 11944406 2025-04-25 11944406 2024-04-27 2025-04-25 11944406 frs-core:CurrentFinancialInstruments 2025-04-25 11944406 frs-core:Non-currentFinancialInstruments 2025-04-25 11944406 frs-core:OtherReservesSubtotal 2025-04-25 11944406 frs-core:ShareCapital 2025-04-25 11944406 frs-core:RetainedEarningsAccumulatedLosses 2025-04-25 11944406 frs-bus:PrivateLimitedCompanyLtd 2024-04-27 2025-04-25 11944406 frs-bus:FilletedAccounts 2024-04-27 2025-04-25 11944406 frs-bus:SmallEntities 2024-04-27 2025-04-25 11944406 frs-bus:AuditExempt-NoAccountantsReport 2024-04-27 2025-04-25 11944406 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-27 2025-04-25 11944406 frs-bus:Director1 2024-04-27 2025-04-25 11944406 frs-bus:Director2 2024-04-27 2025-04-25 11944406 frs-countries:EnglandWales 2024-04-27 2025-04-25 11944406 2023-04-30 11944406 2024-04-26 11944406 2023-05-01 2024-04-26 11944406 frs-core:CurrentFinancialInstruments 2024-04-26 11944406 frs-core:Non-currentFinancialInstruments 2024-04-26 11944406 frs-core:OtherReservesSubtotal 2024-04-26 11944406 frs-core:ShareCapital 2024-04-26 11944406 frs-core:RetainedEarningsAccumulatedLosses 2024-04-26
Registered number: 11944406
Property Discoveries Limited
Financial Statements
For The Year Ended 25 April 2025
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
Property Discoveries Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Property Discoveries Limited
Balance Sheet
As At 25 April 2025
Balance Sheet
Registered number: 11944406

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 450,000 |  | 450,000
|  |  | 450,000 |  | 450,000
CURRENT ASSETS
Debtors | 5 | 47,411 |  | 47,143 |
Cash at bank and in hand |  | 4,839 |  | 7,448 |
|  | 52,250 |  | 54,591 |
Creditors: Amounts Falling Due Within One Year | 6 | (72,387 ) |  | (74,708 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (20,137 ) |  | (20,117 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 429,863 |  | 429,883
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (319,957 ) |  | (320,506 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (20,423 ) |  | (23,990 )
NET ASSETS |  |  | 89,483 |  | 85,387
CAPITAL AND RESERVES
Called up share capital | 8 |  | 10 |  | 10
Non distributable reserves |  |  | 105,840 |  | 102,273
Profit and Loss Account |  |  | (16,367 ) |  | (16,896 )
SHAREHOLDERS' FUNDS |  |  | 89,483 |  | 85,387

Page 1
Page 2
Property Discoveries Limited
Balance Sheet (continued)
As At 25 April 2025
For the year ending 25 April 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

Thomas Appleton Director
22 June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Property Discoveries Limited
Notes to the Financial Statements
For The Year Ended 25 April 2025
Notes to the Financial Statements
1. General Information
Property Discoveries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11944406 . The registered office is 5-7 Station Road, Longfield, England, DA3 7QD.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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.
2.4. 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.
2.5. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
Property Discoveries Limited
Notes to the Financial Statements (continued)
For The Year Ended 25 April 2025
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 27 April 2024 and 25 April 2025 | 450,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 323,737 |  | 323,737
Accumulated depreciation and impairment | 15,786 |  | 12,549
Carrying amount | 307,951 |  | 311,188

Investment property comprises of an amount of £450,000 (2024: £450,000) for which a first charge over the
underlying assets has been given to the lenders. The fair value of the investment property has been arrived at
on the basis of a valuation carried out by the lenders.
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 213 |  | -
Other debtors | 47,198 |  | 47,143
| 47,411 |  | 47,143

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 1,802 |  | 1,802
Other creditors | 70,585 |  | 72,906
| 72,387 |  | 74,708

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 319,957 |  | 320,506

Bank Loans includes £316,903 (2024: £316,903) secured by way of a fixed first charge over the underlying
assets.
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10 |  | 10

Page 4
Page 5
Property Discoveries Limited
Notes to the Financial Statements (continued)
For The Year Ended 25 April 2025
9. Related Party Transactions
Included in Debtors is an amount for £46,948 owed by the following companies. The director, Mr T Appleton, is also the director and controlling party of the following companies;
T.Appleton Properties Limited - £46,948 (2024 - £47,142)
Included in Creditors is an amount for £14,879 owed to the following companies. The director, Mr T Appleton, is also the director and controlling party of the following companies;
Cali Living Limited - £14,849 (2024 - £14,849)
Fordton Properties Limited - £30 (2024 - £30)
Page 5