Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 08730525 Mr C Engelbrecht Mr D Van Den Heever Mr A Watkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08730525 2024-10-31 08730525 2025-10-31 08730525 2024-11-01 2025-10-31 08730525 frs-core:CurrentFinancialInstruments 2025-10-31 08730525 frs-core:Non-currentFinancialInstruments 2025-10-31 08730525 frs-core:OtherReservesSubtotal 2024-11-01 2025-10-31 08730525 frs-core:OtherReservesSubtotal 2024-10-31 08730525 frs-core:OtherReservesSubtotal 2025-10-31 08730525 frs-core:RevaluationReserve 2024-11-01 2025-10-31 08730525 frs-core:RevaluationReserve 2024-10-31 08730525 frs-core:RevaluationReserve 2025-10-31 08730525 frs-core:ShareCapital 2025-10-31 08730525 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 08730525 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 08730525 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 08730525 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08730525 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 08730525 frs-bus:SmallEntities 2024-11-01 2025-10-31 08730525 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 08730525 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08730525 frs-core:CostValuation 2024-10-31 08730525 frs-core:DisposalsRepaymentsInvestments 2025-10-31 08730525 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-10-31 08730525 frs-core:CostValuation 2025-10-31 08730525 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 08730525 frs-core:ProvisionsForImpairmentInvestments 2025-10-31 08730525 frs-bus:Director1 2024-11-01 2025-10-31 08730525 frs-bus:Director2 2024-11-01 2025-10-31 08730525 frs-bus:Director3 2024-11-01 2025-10-31 08730525 frs-countries:EnglandWales 2024-11-01 2025-10-31 08730525 2023-10-31 08730525 2024-10-31 08730525 2023-11-01 2024-10-31 08730525 frs-core:CurrentFinancialInstruments 2024-10-31 08730525 frs-core:Non-currentFinancialInstruments 2024-10-31 08730525 frs-core:OtherReservesSubtotal 2024-10-31 08730525 frs-core:RevaluationReserve 2024-10-31 08730525 frs-core:ShareCapital 2024-10-31 08730525 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 08730525
EWV Properties Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
EWV Properties Limited
Contents
Contents

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

Page 1
EWV Properties Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 08730525

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 3,775,000 |  | 3,775,000
Investments | 5 |  | 173,991 |  | 85,383
|  |  | 3,948,991 |  | 3,860,383
CURRENT ASSETS
Debtors | 6 | 251,789 |  | - |
Cash at bank and in hand |  | 21,781 |  | 30,035 |
|  | 273,570 |  | 30,035 |
Creditors: Amounts Falling Due Within One Year | 7 | (413,742 ) |  | (460,541 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (140,172 ) |  | (430,506 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,808,819 |  | 3,429,877
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (2,558,101 ) |  | (2,568,935 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (245,840 ) |  | (184,786 )
NET ASSETS |  |  | 1,004,878 |  | 676,156
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Revaluation reserve | 10 |  | 737,519 |  | 398,697
Other reserves |  |  | 50,000 |  | 50,000
Profit and Loss Account |  |  | 217,259 |  | 227,359
SHAREHOLDERS' FUNDS |  |  | 1,004,878 |  | 676,156

Page 1
Page 2
EWV Properties Limited
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 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

Mr A Watkins Director
17/07/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
EWV Properties Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
EWV Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08730525 . The registered office is 33 Finland Street, London, Greater London, SE16 7TP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 3
Page 4
EWV Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 November 2024 and 31 October 2025 | 3,775,000

Valuation in 2021 £60,000
Valuation in 2024 £320,383
Cost £3,394,618
5. Investments

| Associates
--- | ---
| £
Cost or Valuation
As at 1 November 2024 | 85,383
Disposals | (84,357 )
Revaluations | 172,965
As at 31 October 2025 | 173,991
Provision
As at 1 November 2024 | -
As at 31 October 2025 | -
Net Book Value
As at 31 October 2025 | 173,991
As at 1 November 2024 | 85,383

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:
Abbeyfield Road Limited
Registered office: UK
Nature of business: Property letting
Class of shares: Ordinary
Holding: 100%
Aggregate capital and reserves: £173,965 (2024: £166,080)
Lord Clyde Investment Limited
Registered office: UK
Nature of business: Property letting
Class of shares: Ordinary
Holding: 26%
Aggregate capital and reserves: -£241,957 (2024: -£260,272)
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 251,789 |  | -

Page 4
Page 5
EWV Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 11,627 |  | 18,035
Other creditors | 262,115 |  | 262,507
Directors' loan accounts | 140,000 |  | 179,999
| 413,742 |  | 460,541

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 2,558,101 |  | 2,568,935

At the balance sheet date seven financial institutions held legal charges over the company's investment assets in order to secure their respective outstanding bank loans. Each Bank loan issued was secured against the investment property for which the loan proceeds were used to purchase.
The above loans also include a Bounce Back Bank Loan of £4,368. This bank loan is part of the BBL Scheme that was launched on 27 April 2020. The scheme is 100% government backed. The interest rate is 2.5% per year and the term of the loan is 6 years, and early repayment is possible without additional charges.
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Reserves

| Revaluation reserve | Other reserves | Profit and Loss Account
--- | --- | --- | ---
| £ | £ | £
As at 1 November 2024 | 398,697 | 50,000 | 227,359
Profit for the year and total comprehensive income | - | - | 151,316
Transfer from revaluation reserve | - | - | (161,416)
Transfer to/from Profit & Loss Account | 338,822 | - | -
As at 31 October 2025 | 737,519 | 50,000 | 217,259

Page 5
Page 6
EWV Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
11. Related Party Transactions
The company is under the control of the three directors.
At the year end A Watkins and close family members were owed a total of £307,703 (2024: £348,096). At the balance sheet date the amounts outstanding were:
A Watkins - £140,000 (2024: £179,999)
B Watkins - £0 (2024: £80,000)
J Watkins - £72,077 (2024: £30,641)
S Watkins - £80,626 (2024: £57,455)
S Skrajda - £15,000 (2024: £0)
A Watkins is also a director of Ultimate Lets Ltd. At the year end Ultimate Lets Ltd was owed £20,400 (2024: £20,400).
C Engelbrecht and D Van Den Heever are also directors of Ultimate Prop Co Ltd. At the year end Ultimate Prop Co Ltd was owed £74,012 (2024: £74,012).
Included under debtors is a balance owed from Abbeyfield Road Ltd of £75,357. Abbeyfield Road Ltd is owned 100% by EWV Properties Ltd.
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