Acorah Software Products - Accounts Production 19.2.450 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 11343130 Mr Simon Lunt Mr Shaun Larvin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11343130 2025-05-31 11343130 2026-05-31 11343130 2025-06-01 2026-05-31 11343130 frs-core:CurrentFinancialInstruments 2026-05-31 11343130 frs-core:Non-currentFinancialInstruments 2026-05-31 11343130 frs-core:PlantMachinery 2025-06-01 2026-05-31 11343130 frs-core:ShareCapital 2026-05-31 11343130 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 11343130 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 11343130 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 11343130 frs-bus:SmallEntities 2025-06-01 2026-05-31 11343130 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 11343130 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 11343130 1 2025-06-01 2026-05-31 11343130 frs-bus:Director1 2025-06-01 2026-05-31 11343130 frs-bus:Director2 2025-06-01 2026-05-31 11343130 frs-countries:EnglandWales 2025-06-01 2026-05-31 11343130 2024-05-31 11343130 2025-05-31 11343130 2024-06-01 2025-05-31 11343130 frs-core:CurrentFinancialInstruments 2025-05-31 11343130 frs-core:Non-currentFinancialInstruments 2025-05-31 11343130 frs-core:ShareCapital 2025-05-31 11343130 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 11343130
SL2 Prop Co Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Townend English
Chartered Accountants
81-83 Market Street
Pocklington
YO42 2AE
SL2 Prop Co Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
SL2 Prop Co Limited
Balance Sheet
As At 31 May 2026
Balance Sheet
Registered number: 11343130

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 1,664,011 |  | 1,664,011
|  |  | 1,664,011 |  | 1,664,011
CURRENT ASSETS
Debtors | 5 | 788,631 |  | 908,009 |
Cash at bank and in hand |  | 1,711 |  | 27,083 |
|  | 790,342 |  | 935,092 |
Creditors: Amounts Falling Due Within One Year | 6 | (664,817 ) |  | (733,964 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 125,525 |  | 201,128
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,789,536 |  | 1,865,139
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,010,049 ) |  | (1,028,389 )
NET ASSETS |  |  | 779,487 |  | 836,750
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 778,487 |  | 835,750
SHAREHOLDERS' FUNDS |  |  | 779,487 |  | 836,750

Page 1
Page 2
SL2 Prop Co Limited
Balance Sheet (continued)
As At 31 May 2026
For the year ending 31 May 2026 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

Mr Simon Lunt Director
8 July 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
SL2 Prop Co Limited
Notes to the Financial Statements
For The Year Ended 31 May 2026
Notes to the Financial Statements
1. General Information
SL2 Prop Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11343130 . The registered office is 19 Cave Road, Brough, East Yorkshire, HU15 1HA.
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.
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 | 50% straight line basis

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. Deferred tax is provided on these gains at the rate that is expected to apply when the property is sold.
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.
...CONTINUED
Page 3
Page 4
SL2 Prop Co Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
2.5. Taxation - continued
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.
2.6. Fixed asset investments
Investments held as fixed assets are stated at fair value.
2.7. Related party exemption
The company has taken advantage of exemption under the terms of Financial Reporting Standard 102, not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Investment Property

| 2026
--- | ---
| £
Fair Value
As at 1 June 2025 and 31 May 2026 | 1,664,011

5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 320,000 |  | 427,000
Amounts owed by associates | 468,631 |  | 481,009
| 788,631 |  | 908,009

Page 4
Page 5
SL2 Prop Co Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 125,984 |  | 120,056
Corporation tax | (15 ) |  | 55,322
Other creditors | 466,111 |  | 466,111
Accruals and deferred income | 21,043 |  | 19,281
Directors' loan accounts | - |  | 21,500
Amounts owed to parent undertaking | 694 |  | 694
Amounts owed to associates | 51,000 |  | 51,000
| 664,817 |  | 733,964

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 327,028 |  | 463,368
Amounts owed to associates | 683,021 |  | 565,021
| 1,010,049 |  | 1,028,389

8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured by way of fixed and floating charges.
9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

10. Related Party Transactions
The company received loan advances of £118,000 from SWL Finance Limited, a company in which Mr S W Lunt is both a director and shareholder, leaving a total outstanding balance of £734,021 (2025: £616,021) at the year end issued on normal commercial terms at market rates of interest.
There was an outstanding loan balance of £331,999.97 (2025: £320,000) at the year end owed from The Edge Hub Limited, a company in which both Mr S W Lunt and Mr S D Larvin are shareholders.
There was an outstanding loan balance of £272,500 (2025: £272,500) at the year end owed from KWH (Hull) Limited, a company in which Mr S D Larvin is both a director and shareholder.
There was an outstanding loan balance of £1,100 (2025:£1,100) at the year end owed from Urbanwave Limited, a company in which both Mr S W Lunt and Mr S D Larvin are directors and shareholders.
There was an outstanding loan balance of £1,000 (2025: £1,000) at the year end owed from Urbanwave 122 Limited, a company in which both Mr S W Lunt and Mr S D Larvin are directors.
Page 5
Page 6
SL2 Prop Co Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
11. Ultimate Controlling Party Not Known
The company has no ultimate controlling party.
Page 6