Acorah Software Products - Accounts Production 18.1.200 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 12317974 Mr T Harper Mrs V Harper true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12317974 2024-10-31 12317974 2025-10-31 12317974 2024-11-01 2025-10-31 12317974 frs-core:CurrentFinancialInstruments 2025-10-31 12317974 frs-core:Non-currentFinancialInstruments 2025-10-31 12317974 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-10-31 12317974 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-01 2025-10-31 12317974 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-31 12317974 frs-core:ShareCapital 2025-10-31 12317974 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 12317974 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 12317974 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 12317974 frs-bus:SmallEntities 2024-11-01 2025-10-31 12317974 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 12317974 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 12317974 1 2024-11-01 2025-10-31 12317974 frs-bus:Director1 2024-11-01 2025-10-31 12317974 frs-bus:Director2 2024-11-01 2025-10-31 12317974 frs-countries:EnglandWales 2024-11-01 2025-10-31 12317974 2023-10-31 12317974 2024-10-31 12317974 2023-11-01 2024-10-31 12317974 frs-core:CurrentFinancialInstruments 2024-10-31 12317974 frs-core:Non-currentFinancialInstruments 2024-10-31 12317974 frs-core:ShareCapital 2024-10-31 12317974 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 12317974
Millfields Leasehold Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12317974
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,402,263 1,414,046
1,402,263 1,414,046
CURRENT ASSETS
Debtors 5 20,589 24,230
Cash at bank and in hand 113 81
20,702 24,311
Creditors: Amounts Falling Due Within One Year 6 (440,246 ) (438,735 )
NET CURRENT ASSETS (LIABILITIES) (419,544 ) (414,424 )
TOTAL ASSETS LESS CURRENT LIABILITIES 982,719 999,622
Creditors: Amounts Falling Due After More Than One Year 7 (1,059,725 ) (1,062,869 )
NET LIABILITIES (77,006 ) (63,247 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (77,007 ) (63,248 )
SHAREHOLDERS' FUNDS (77,006) (63,247)
Page 1
Page 2
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 T Harper
Director
31/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Millfields Leasehold Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12317974 . The registered office is 8 Turls Hill Road, Sedgley, Dudley, DY3 1HG.
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:
Leasehold 125 years on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 November 2024 1,472,965
As at 31 October 2025 1,472,965
Depreciation
As at 1 November 2024 58,919
Provided during the period 11,783
As at 31 October 2025 70,702
Net Book Value
As at 31 October 2025 1,402,263
As at 1 November 2024 1,414,046
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 20,589 24,230
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Bank loans and overdrafts 2,736 2,736
Other creditors 437,509 435,999
440,246 438,735
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,059,725 1,062,869
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Ultimate Controlling Party
The company is a wholly owned subsidiary of Harper Homes Holdings Limited.
Page 4