Acorah Software Products - Accounts Production 18.1.170 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 08196172 Ms P J Wellings Mr P Cottingham Miss Z M Tolley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08196172 2024-12-31 08196172 2025-12-31 08196172 2025-01-01 2025-12-31 08196172 frs-core:CurrentFinancialInstruments 2025-12-31 08196172 frs-core:Non-currentFinancialInstruments 2025-12-31 08196172 frs-core:FurnitureFittings 2025-12-31 08196172 frs-core:FurnitureFittings 2025-01-01 2025-12-31 08196172 frs-core:FurnitureFittings 2024-12-31 08196172 frs-core:InvestmentPropertyIncludedWithinPPE 2025-12-31 08196172 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-01 2025-12-31 08196172 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 08196172 frs-core:SharePremium 2024-12-31 08196172 frs-core:SharePremium 2025-12-31 08196172 frs-core:ShareCapital 2025-12-31 08196172 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 08196172 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 08196172 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08196172 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08196172 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08196172 frs-bus:SmallEntities 2025-01-01 2025-12-31 08196172 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08196172 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08196172 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 08196172 frs-bus:OrdinaryShareClass1 2025-12-31 08196172 frs-bus:PreferenceShareClass1 2025-01-01 2025-12-31 08196172 frs-bus:PreferenceShareClass1 2025-12-31 08196172 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 08196172 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 08196172 frs-bus:Director1 2025-01-01 2025-12-31 08196172 frs-bus:Director2 2025-01-01 2025-12-31 08196172 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 08196172 frs-countries:EnglandWales 2025-01-01 2025-12-31 08196172 2023-12-31 08196172 2024-12-31 08196172 2024-01-01 2024-12-31 08196172 frs-core:CurrentFinancialInstruments 2024-12-31 08196172 frs-core:Non-currentFinancialInstruments 2024-12-31 08196172 frs-core:SharePremium 2024-12-31 08196172 frs-core:ShareCapital 2024-12-31 08196172 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08196172 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 08196172 frs-bus:PreferenceShareClass1 2024-01-01 2024-12-31 08196172 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: 08196172
Plan B Ventures Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
DKR Chartered Accountants
36 Lichfield Street
Walsall
West Midlands
WS1 1TJ
Plan B Ventures Ltd
Contents
Contents

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

Page 1
Plan B Ventures Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 08196172

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,452,249 |  | 1,455,913
Investments |  |  | 457,033 |  | 457,033
|  |  | 1,909,282 |  | 1,912,946
CURRENT ASSETS
Debtors | 5 | 11,865 |  | 4,869 |
Investments | 6 | 2 |  | 2 |
Cash at bank and in hand |  | 103,104 |  | 1,754 |
|  | 114,971 |  | 6,625 |
Creditors: Amounts Falling Due Within One Year | 7 | (769,490 ) |  | (659,728 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (654,519 ) |  | (653,103 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,254,763 |  | 1,259,843
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (524,763 ) |  | (550,651 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (17,642 ) |  | (18,558 )
NET ASSETS |  |  | 712,358 |  | 690,634
CAPITAL AND RESERVES
Called up share capital | 10 |  | 111,110 |  | 111,110
Share premium account |  |  | 444,653 |  | 444,653
Fair value reserve | 11 |  | 26,388 |  | 26,388
Profit and Loss Account |  |  | 130,207 |  | 108,483
SHAREHOLDERS' FUNDS |  |  | 712,358 |  | 690,634

Page 1
Page 2
Plan B Ventures Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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

Ms P J Wellings Director
7th July 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Plan B Ventures Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Plan B Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08196172 . The registered office is Millennium House, High Street, Studley, Warwickshire, B80 7HJ.
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:

Fixtures & Fittings | 10% 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. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
Plan B Ventures Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Investment Properties | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 1,435,579 | 36,641 | 1,472,220
As at 31 December 2025 | 1,435,579 | 36,641 | 1,472,220
Depreciation
As at 1 January 2025 | - | 16,307 | 16,307
Provided during the period | - | 3,664 | 3,664
As at 31 December 2025 | - | 19,971 | 19,971
Net Book Value
As at 31 December 2025 | 1,435,579 | 16,670 | 1,452,249
As at 1 January 2025 | 1,435,579 | 20,334 | 1,455,913

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 7,250 |  | -
Prepayments and accrued income | 4,615 |  | 4,869
| 11,865 |  | 4,869

6. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 2 |  | 2

Current asset investments represents 20 ordinary shares held in Brookes Court Management Company Limited, at a total nominal value of £2.
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 283
Bank loans and overdrafts | 24,913 |  | 23,169
Corporation tax | 26,491 |  | 4,353
VAT | 2,142 |  | 4,722
Other creditors | 270,000 |  | 15,500
Accruals and deferred income | 112,893 |  | 130,358
Directors' loan accounts | 287,551 |  | 442,843
Cumulative preference share dividends unpaid | 45,500 |  | 38,500
| 769,490 |  | 659,728

Page 4
Page 5
Plan B Ventures Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 524,763 |  | 550,651

9. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 549,676 |  | 573,819

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
11,110 Ordinary Shares of £ 1 each | 11,110 |  | 11,110

Preference Shares

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100,000 Preference Shares of £ 1 each | 100,000 |  | 100,000

The holders of the cumulative preference shares of £1 each shall be entitled to a first dividend of 7% per annum upon the issued paid up value to the holders thereof by payment half-yearly, providing there are sufficient balances on the Revenue Reserve Account. In the event of non-payment for any year, such arrears shall be payable on a cumulative basis in preference to any dividend upon the ordinary shares.
In the event of a winding up of the company the cumulative preference shares shall be entitled to redemption in preference and priority to the ordinary share and shall not participate in any payment greater than the paid up issued value at par.
11. Reserves

| Share Premium | Fair value reserve | Profit and Loss Account
--- | --- | --- | ---
| £ | £ | £
As at 1 January 2025 | 444,653 | 26,388 | 108,483
Profit for the year and total comprehensive income | - | - | 76,724
Dividends paid | - | - | (55,000)
As at 31 December 2025 | 444,653 | 26,388 | 130,207

12. Related Party Transactions
During the year ended 31 December 2025 interest of £15,400 (2024: £18,864) was accrued on outstanding loan balances to directors. As of 31 December 2025, the total amount of interest outstanding was £70,885 (2024: £60,485). The loans from directors are repayable on demand.
As of 31 December 2025, there were amounts owed by Plan B Ventures Ltd to its subsidiaries of £270,000 (2024:£15,500). This loan is interest free and repayable on demand.
During the year ended 31 December 2025, there was total management fees and rent charged by the parent company of £185,800 (2025:£106,600).
Page 5