Acorah Software Products - Accounts Production 18.1.170 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC423533 Mrs Lindsay Coom iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC423533 2024-03-31 OC423533 2025-03-31 OC423533 2024-04-01 2025-03-31 OC423533 frs-core:CurrentFinancialInstruments 2025-03-31 OC423533 frs-core:Non-currentFinancialInstruments 2025-03-31 OC423533 frs-core:MotorVehicles 2025-03-31 OC423533 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC423533 frs-core:MotorVehicles 2024-03-31 OC423533 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC423533 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC423533 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC423533 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC423533 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC423533 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC423533 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC423533 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC423533 2023-03-31 OC423533 2024-03-31 OC423533 2023-04-01 2024-03-31 OC423533 frs-core:CurrentFinancialInstruments 2024-03-31 OC423533 frs-core:Non-currentFinancialInstruments 2024-03-31 OC423533 frs-core:OtherReservesSubtotal 2023-03-31
Registered number: OC423533
Sole Property & Construction LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Sole Property & Construction LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Reconciliation of Members' Interests | 3—4
Notes to the Financial Statements | 4—5

Page 1
Sole Property & Construction LLP
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: OC423533

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 4,312 |  | -
Investment Properties | 5 |  | 3,935,000 |  | 4,064,448
|  |  | 3,939,312 |  | 4,064,448
CURRENT ASSETS
Debtors | 6 | 49,973 |  | 38,474 |
|  | 49,973 |  | 38,474 |
Creditors: Amounts Falling Due Within One Year | 7 | (10,831 ) |  | (1,576 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 39,142 |  | 36,898
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,978,454 |  | 4,101,346
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (2,216,389 ) |  | (2,016,052 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 1,762,065 |  | 2,085,294
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability |  | 109,885 |  | 155,435 |
Other amounts |  | 1,783,846 |  | 1,929,859 |
|  |  | 1,893,731 |  | 2,085,294
Equity
Members' other interests
Other reserves |  | (131,666) |  | - |
|  |  | (131,666) |  | -
|  |  | 1,762,065 |  | 2,085,294
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year |  |  | 1,893,731 |  | 2,085,294
Members' other interests |  |  | (131,666) |  | -
|  |  | 1,762,065 |  | 2,085,294

Page 1
Page 2
Sole Property & Construction LLP
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members

Mrs Lindsay Coom Designated Member
15/07/2026

The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Sole Property & Construction LLP
Reconciliation of Members' Interests
For The Year Ended 31 March 2025
Reconciliation of Members' Interests

| EQUITY | DEBT
--- | --- | ---
| Members' other interests | Loans and other debts due to members less any amounts due from members in debtors
| Other Reserves | Members'Capital classified as Debt | Other amounts | Total Debts | Total members' interest
| £ | £ | £ | £ | £
Amounts due to members | - | - | 1,758,069 | 1,758,069 | -
Balance at 1 April 2023 | - | - | 1,758,069 | 1,758,069 | 1,758,069
Members' remuneration charged as an expense, including employment and retirement benefit costs | - | - | - | - | -
Profit/(loss) for the financial year available for discretionary division among members | 379,914 | - | - | - | 379,914
Members' interests after profit/(loss) for the year | 379,914 | - | 1,758,069 | 1,758,069 | 2,137,983
Other divisions of profits (losses) | (379,914) | - | 379,914 | 379,914 | -
Introduced by members | - | 155,435 | - | 155,435 | 155,435
Drawings | - | - | (208,124) | (208,124) | (208,124)
Amounts due to members | - | 155,435 | 1,929,859 | 2,085,294 | -
As at 31 March 2024 and 1 April 2024 | - | 155,435 | 1,929,859 | 2,085,294 | 2,085,294
Profit/(loss) for the financial year available for discretionary division among members | (110,562 ) | - | - | - | (110,562 )
Members' interests after profit/(loss) for the year | (110,562) | 155,435 | 1,929,859 | 2,085,294 | 1,974,732
Other divisions of profits (losses) | (21,104) | - | 21,104 | 21,104 | -
Introduced by members | - | (45,550) | - | (45,550) | (45,550)
Drawings | - | - | (167,117) | (167,117) | (167,117)
Amounts due to members | - | 109,885 | 1,783,846 | 1,893,731 | -
As at 31 March 2025 | (131,666) | 109,885 | 1,783,846 | 1,893,731 | 1,762,065

Page 3
Page 4
Sole Property & Construction LLP
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Sole Property & Construction LLP is a limited liability partnership, incorporated in England & Wales, registered number OC423533 . The Registered Office is Suite 2-B Point East, Park Plaza, Cannock, WS12 2DB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
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:

Motor Vehicles | 25% SL 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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets

| Motor Vehicles
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | -
Additions | 5,750
As at 31 March 2025 | 5,750
Depreciation
As at 1 April 2024 | -
Provided during the period | 1,438
As at 31 March 2025 | 1,438

...CONTINUED
Page 4
Page 5
Sole Property & Construction LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025 | 4,312
As at 1 April 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 4,064,448
Revaluations | (129,448)
As at 31 March 2025 | 3,935,000

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 49,973 |  | 38,474

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 144 |  | 144
Other creditors | 9,907 |  | 1,432
Accruals and deferred income | 780 |  | -
| 10,831 |  | 1,576

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Mortgages | 2,216,389 |  | 2,016,052

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other Creditors | 2,216,389 |  | 2,016,052

Page 5