Acorah Software Products - Accounts Production 19.3.550 false true true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 01086110 Mrs A Howitt Mrs J Garrard Mrs P Barker Mr R Ralls Mrs J Garrard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01086110 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2026-01-31 01086110 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2026-01-31 01086110 2025-01-31 01086110 2026-01-31 01086110 2025-02-01 2026-01-31 01086110 frs-core:CurrentFinancialInstruments 2026-01-31 01086110 frs-core:Non-currentFinancialInstruments 2026-01-31 01086110 frs-core:ShareCapital 2026-01-31 01086110 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 01086110 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 01086110 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 01086110 frs-bus:SmallEntities 2025-02-01 2026-01-31 01086110 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 01086110 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 01086110 frs-bus:Director1 2025-02-01 2026-01-31 01086110 frs-bus:Director2 2025-02-01 2026-01-31 01086110 frs-bus:Director3 2025-02-01 2026-01-31 01086110 frs-bus:Director4 2025-02-01 2026-01-31 01086110 frs-bus:CompanySecretary1 2025-02-01 2026-01-31 01086110 frs-countries:EnglandWales 2025-02-01 2026-01-31 01086110 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2025-01-31 01086110 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2025-01-31 01086110 2024-01-31 01086110 2025-01-31 01086110 2024-02-01 2025-01-31 01086110 frs-core:CurrentFinancialInstruments 2025-01-31 01086110 frs-core:Non-currentFinancialInstruments 2025-01-31 01086110 frs-core:ShareCapital 2025-01-31 01086110 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 01086110
Capstan Properties Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Capstan Properties Limited
Contents
Contents

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

Page 1
Capstan Properties Limited
Balance Sheet
As At 31 January 2026
Balance Sheet
Registered number: 01086110

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 5 | 1,253,097 |  | 1,409,748 |
Debtors | 6 | 8,841 |  | 9,616 |
Cash at bank and in hand |  | 54,989 |  | 17,434 |
|  | 1,316,927 |  | 1,436,798 |
Creditors: Amounts Falling Due Within One Year | 7 | (133,606 ) |  | (64,325 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,183,321 |  | 1,372,473
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,183,321 |  | 1,372,473
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (257,288 ) |  | (275,924 )
NET ASSETS |  |  | 926,033 |  | 1,096,549
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 925,933 |  | 1,096,449
SHAREHOLDERS' FUNDS |  |  | 926,033 |  | 1,096,549

Page 1
Page 2
Capstan Properties Limited
Balance Sheet (continued)
As At 31 January 2026
For the year ending 31 January 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

Mrs A Howitt Director | Mrs J Garrard Director
07/07/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Capstan Properties Limited
Notes to the Financial Statements
For The Year Ended 31 January 2026
Notes to the Financial Statements
1. General Information
Capstan Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01086110 . The registered office is 1-2 Rhodium Point Hawkinge Business Park, Spindle Close, Hawkinge, Folkestone, Kent, CT18 7TQ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
2. Statement of Compliance
The financial statements have been prepared 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.
3. Accounting Policies
3.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention.
3.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
3.3. Significant judgements and estimations
No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.
No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made.
3.4. 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.
3.5. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
3.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3.7. Interest Receivable
Interest income is recognised in the profit and loss account using the effective interest method.
Page 3
Page 4
Capstan Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
3.8. Interest Payable
Finance costs are charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
3.9. 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.
4. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 4)
4 4
5. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Stock | 1,253,097 |  | 1,409,748

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 8,841 |  | 9,616

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 556 |  | 556
Bank loans and overdrafts | 34,523 |  | 34,523
Corporation tax | 93,805 |  | 24,290
Accruals and deferred income | 4,680 |  | 4,914
Directors' loan accounts | 42 |  | 42
| 133,606 |  | 64,325

Page 4
Page 5
Capstan Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
8. Creditors: Amounts Falling Due After More Than One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 257,288 |  | 275,924

9. Loans
An analysis of the maturity of loans is given below:

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Amounts falling due within one year or on demand:
Bank loans | 34,523 |  | 34,523

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Amounts falling due between one and five years:
Bank loans | 257,288 |  | 275,924

Bank borrowings
Barclays Bank Plc is denominated in sterling. The carrying amount at year end is £291,810 (2025 - £310,447).
The Bank hold registered charges over several properties held in stock by the company.
10. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

11. Dividends

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 452,000 |  | 91,500

Interim dividend of £113,000 (2025 - £22,875) per each Ordinary £1, £452,500 (2025 - £91,500).
The Trustees under the deed of Granite Trustee Company Limited have waived the entitlement to a Dividend.
12. Related Party Disclosures
Succession Trust
The Company established a Succession Trust in the year ending 31st Jan 2017, Granite Trustee Company Limited.
Under the terms of the trust deed the shareholders of the Company are excluded beneficiaries of the Trust such that the Trustees may not apply the Trust property for their benefit.
The Trustees now control the Company by virtue of their shareholding.
Page 5