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Registered number: 15288422
Celine & Alex Property Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15288422
30 November 2025 30 November 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 729,938 261,673
729,938 261,673
CURRENT ASSETS
Debtors 5 699 197
Cash at bank and in hand 14,085 56,034
14,784 56,231
Creditors: Amounts Falling Due Within One Year 6 (539,447 ) (316,810 )
NET CURRENT ASSETS (LIABILITIES) (524,663 ) (260,579 )
TOTAL ASSETS LESS CURRENT LIABILITIES 205,275 1,094
Creditors: Amounts Falling Due After More Than One Year 7 (191,957 ) -
NET ASSETS 13,318 1,094
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 13,218 994
SHAREHOLDERS' FUNDS 13,318 1,094
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For the year ending 30 November 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
Mrs S Kaya Meric
Director
25 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Celine & Alex Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15288422 . The registered office is 1a Georges Road, Sale, M33 3NJ and principal places of business are 59 Cross Street, Sale, Cheshire, M33 7HF and 64 Grove Street, Wilmslow, Cheshire, SK9 1DS.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable for services provided.
Rendering of services 
Turnover represents amounts recognised by the company in respect of goods and services supplied; turnover principally consists of rental income and associated cost recharges from investment properties which are recognised at the point of which the goods or services are provided.
2.3. Investment Properties
Investment property is shown at most recent valuation. Changes in fair value are recognised in the profit and loss account and no depreciation has been provided for.
The valuation method is based on comparable market data, management have deemed the cost price of the properties to still be an appropriate valuation at the reporting date.
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.
2.5. Trade and other debtors
Trade and other debtors are initially recognised at fair value and therefore stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except for where the effect of discounting would be considered immaterial, in which case they are stated at cost less impairment losses for bad and doubtful debts.
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2.6. Trade and other creditors
Trade and other creditors are initially recognised at fair value and therefore stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.
2.7. Cash and cash equivalents
Cash and cash equivalents comprise of cash at bank and in hand. Bank borrowings are included within creditors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
30 November 2025
£
Fair Value
As at 1 December 2024 261,673
Additions 468,265
As at 30 November 2025 729,938
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
30 November 2025 30 November 2024
£ £
Cost 729,938 261,673
5. Debtors
30 November 2025 30 November 2024
£ £
Due within one year
Other debtors 699 197
6. Creditors: Amounts Falling Due Within One Year
30 November 2025 30 November 2024
£ £
Bank loans and overdrafts 2,221 -
Other creditors 534,359 316,577
Taxation and social security 2,867 233
539,447 316,810
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7. Creditors: Amounts Falling Due After More Than One Year
30 November 2025 30 November 2024
£ £
Bank loans 191,957 -
8. Secured Creditors
Cambridge & Counties Bank Limited hold a fixed charge dated 5 June 2025 over one of the investment properties held on the balance sheet with the above bank loan creditors secured against the property.
9. Share Capital
30 November 2025 30 November 2024
Allotted, called up and fully paid £ £
50 Ordinary A shares of £ 1.00 each 50 50
50 Ordinary B shares of £ 1.00 each 50 50
100 100
10. Related Party Transactions
Included within other creditors is a loan owing to the Directors of £503,444 (2024: £309,377); this loan is interest free and repayable on demand.
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