Acorah Software Products - Accounts Production 19.3.550 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 12540018 Mr Adam Wake iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12540018 2025-03-31 12540018 2026-03-31 12540018 2025-04-01 2026-03-31 12540018 frs-core:CurrentFinancialInstruments 2026-03-31 12540018 frs-core:Non-currentFinancialInstruments 2026-03-31 12540018 frs-core:FurnitureFittings 2026-03-31 12540018 frs-core:FurnitureFittings 2025-04-01 2026-03-31 12540018 frs-core:FurnitureFittings 2025-03-31 12540018 frs-core:ShareCapital 2026-03-31 12540018 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 12540018 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 12540018 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 12540018 frs-bus:SmallEntities 2025-04-01 2026-03-31 12540018 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 12540018 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 12540018 frs-bus:Director1 2025-04-01 2026-03-31 12540018 frs-countries:EnglandWales 2025-04-01 2026-03-31 12540018 2024-03-31 12540018 2025-03-31 12540018 2024-04-01 2025-03-31 12540018 frs-core:CurrentFinancialInstruments 2025-03-31 12540018 frs-core:Non-currentFinancialInstruments 2025-03-31 12540018 frs-core:ShareCapital 2025-03-31 12540018 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 12540018
PHOENIX PROPERTY RENTALS LTD
Unaudited Financial Statements
For The Year Ended 31 March 2026
RPJ Accountancy Ltd
PHOENIX PROPERTY RENTALS LTD
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
PHOENIX PROPERTY RENTALS LTD
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 12540018

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 18,996 |  | 37,991
Investment Properties | 5 |  | 1,610,316 |  | 700,000
|  |  | 1,629,312 |  | 737,991
CURRENT ASSETS
Debtors | 6 | 4,094 |  | 253 |
Cash at bank and in hand |  | 16,393 |  | 188 |
|  | 20,487 |  | 441 |
Creditors: Amounts Falling Due Within One Year | 7 | (544,953 ) |  | (443,850 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (524,466 ) |  | (443,409 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,104,846 |  | 294,582
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (830,201 ) |  | -
NET ASSETS |  |  | 274,645 |  | 294,582
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 274,545 |  | 294,482
SHAREHOLDERS' FUNDS |  |  | 274,645 |  | 294,582

Page 1
Page 2
PHOENIX PROPERTY RENTALS LTD
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 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 Adam Wake Director
26/06/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
PHOENIX PROPERTY RENTALS LTD
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
PHOENIX PROPERTY RENTALS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12540018 . The registered office is UNITS 11& 12, AJS HOUSE BALDOCK INDUSTRI, LONDON ROAD, BALDOCK, HERTFORDSHIRE, SG7 6NG.
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 | 25% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 April 2025 | 75,981
As at 31 March 2026 | 75,981
Depreciation
As at 1 April 2025 | 37,990
Provided during the period | 18,995
As at 31 March 2026 | 56,985

...CONTINUED
Page 3
Page 4
PHOENIX PROPERTY RENTALS LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026 | 18,996
As at 1 April 2025 | 37,991

5. Investment Property

| 2026
--- | ---
| £
Fair Value
As at 1 April 2025 | 700,000
Additions | 910,316
As at 31 March 2026 | 1,610,316

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 4,094 |  | 253

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,500 |  | -
Bank loans and overdrafts | 85,289 |  | -
Amounts owed to group undertakings | 439,000 |  | 439,000
Other creditors | 19,164 |  | 4,850
| 544,953 |  | 443,850

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 830,201 |  | -

Bank loans refer to mortgages that are secured on the properties purchased.
9. Share Capital

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

10. Related Party Transactions
The company has been provided with an interest-free loan from AJS Construct Ltd, a related party company. The loan is repayable on demand and has been classified as a creditor in the financial statements. No interest has been charged on the loan, and it is recognised at its carrying amount.
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