Acorah Software Products - Accounts Production 19.3.550 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 03719035 Mr Ian Cawkwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03719035 2024-07-31 03719035 2025-07-31 03719035 2024-08-01 2025-07-31 03719035 frs-core:CurrentFinancialInstruments 2025-07-31 03719035 frs-core:Non-currentFinancialInstruments 2025-07-31 03719035 frs-core:ShareCapital 2025-07-31 03719035 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 03719035 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03719035 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 03719035 frs-bus:SmallEntities 2024-08-01 2025-07-31 03719035 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 03719035 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 03719035 frs-bus:Director1 2024-08-01 2025-07-31 03719035 frs-countries:EnglandWales 2024-08-01 2025-07-31 03719035 2023-07-31 03719035 2024-07-31 03719035 2023-08-01 2024-07-31 03719035 frs-core:CurrentFinancialInstruments 2024-07-31 03719035 frs-core:Non-currentFinancialInstruments 2024-07-31 03719035 frs-core:ShareCapital 2024-07-31 03719035 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 03719035
London & Regional Capital Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
PA Brown & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03719035
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 3,512,417 3,512,417
3,512,417 3,512,417
CURRENT ASSETS
Stocks 5 354,999 338,135
Debtors 6 361,404 516,426
Investments 7 1,765,606 1,581,831
Cash at bank and in hand 126,083 2,062
2,608,092 2,438,454
Creditors: Amounts Falling Due Within One Year 8 (1,621,522 ) (1,337,490 )
NET CURRENT ASSETS (LIABILITIES) 986,570 1,100,964
TOTAL ASSETS LESS CURRENT LIABILITIES 4,498,987 4,613,381
Creditors: Amounts Falling Due After More Than One Year 9 (3,114,822 ) (3,271,224 )
NET ASSETS 1,384,165 1,342,157
CAPITAL AND RESERVES
Called up share capital 10 4 4
Profit and Loss Account 1,384,161 1,342,153
SHAREHOLDERS' FUNDS 1,384,165 1,342,157
Page 1
Page 2
For the year ending 31 July 2025 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 Ian Cawkwell
Director
16/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
London & Regional Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03719035 . The registered office is 16 Abbey Meadows, Morpeth, NE61 2BD.
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. 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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investment Property
2025
£
Fair Value
As at 1 August 2024 and 31 July 2025 3,512,417
5. Stocks
2025 2024
£ £
Work in progress 354,999 338,135
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 48,159 17,918
Prepayments and accrued income 10,202 8,477
Amounts owed by associates 303,043 490,031
361,404 516,426
7. Current Asset Investments
2025 2024
£ £
Unlisted investments 1,765,606 1,581,831
Included in Unlisted Investments are the following loans made by London & Regional Capital Ltd:
£1,660,331 in total has been loaned to Mr Jay McGarvey. This loan is repayable with interest.
£105,275 is owed by Glen Resources Holdings Ltd. This loan is repayable with interest.
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 29,963 9,307
Bank loans and overdrafts 138,552 100,671
Other loans 20,000 20,000
Corporation tax 44,818 38,929
VAT 40,060 47,287
Other creditors 35,325 40,940
Accruals and deferred income 171,488 11,432
Director's loan account 720,634 718,876
Amounts owed to related parties 420,682 350,048
1,621,522 1,337,490
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,114,822 3,271,224
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
11. Related Party Transactions
Included in creditors are the following related party loans:
£351,348 is owed to London & Regional (Chiswick) Ltd at 31st July 2025. Mr I Cawkwell is a director and controlling shareholder of this company.
£64,684 is owed to London & Regional (Cobham) Ltd at 31st July 2025. Mr I Cawkwell is a director and controlling shareholder of this company.
£4,650 is owed to Acornford Estates Ltd at 31st July 2025. Mr I Cawkwell is a director and controlling shareholder of this company.
Included in debtors are the following related party loans:
£125,509  is owed by London & Regional Developments Ltd at 31st July 2025. Mr I Cawkwell is a director and controlling shareholder of this company.
£177,534  is owed by London & Regional (Stoke) Ltd at 31st July 2025. Mr I Cawkwell is a director and controlling shareholder of this company. 
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