Acorah Software Products - Accounts Production 19.3.550 false true true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 06593641 Mr D Murphy Mr C J Cummings Mr K T O'Sullivan Mrs C P O'Sullivan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06593641 2025-05-31 06593641 2026-05-31 06593641 2025-06-01 2026-05-31 06593641 frs-core:CurrentFinancialInstruments 2026-05-31 06593641 frs-core:ShareCapital 2026-05-31 06593641 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 06593641 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 06593641 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 06593641 frs-bus:SmallEntities 2025-06-01 2026-05-31 06593641 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 06593641 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 06593641 frs-bus:Director1 2025-06-01 2026-05-31 06593641 frs-bus:Director2 2025-06-01 2026-05-31 06593641 frs-bus:Director3 2025-06-01 2026-05-31 06593641 frs-bus:CompanySecretary1 2025-06-01 2026-05-31 06593641 frs-countries:EnglandWales 2025-06-01 2026-05-31 06593641 2024-05-31 06593641 2025-05-31 06593641 2024-06-01 2025-05-31 06593641 frs-core:CurrentFinancialInstruments 2025-05-31 06593641 frs-core:ShareCapital 2025-05-31 06593641 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 06593641
Affordable Homes (Wales) Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Pecuniary Limited
Affordable Homes (Wales) Limited
Contents
Contents

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

Page 1
Affordable Homes (Wales) Limited
Balance Sheet
As At 31 May 2026
Balance Sheet
Registered number: 06593641

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 151,791 |  | 151,791 |
Cash at bank and in hand |  | 42,722 |  | 42,988 |
|  | 194,513 |  | 194,779 |
Creditors: Amounts Falling Due Within One Year | 5 | (413,561 ) |  | (413,561 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (219,048 ) |  | (218,782 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (219,048 ) |  | (218,782 )
NET LIABILITIES |  |  | (219,048 ) |  | (218,782 )
CAPITAL AND RESERVES
Called up share capital | 6 |  | 3 |  | 3
Profit and Loss Account |  |  | (219,051 ) |  | (218,785 )
SHAREHOLDERS' FUNDS |  |  | (219,048) |  | (218,782)

For the year ending 31 May 2026 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 C J Cummings Director
27/07/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Affordable Homes (Wales) Limited
Notes to the Financial Statements
For The Year Ended 31 May 2026
Notes to the Financial Statements
1. General Information
Affordable Homes (Wales) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06593641 . The registered office is Elfed House Oak Tree Court, Cardiff Gate Business Park, Cardiff, CF23 8RS.
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. Going Concern Disclosure
Although the company had net current liabilities of £219,048 as at 31 May 2026 (2025- £218,782), the financial statements have been prepared on the going concern basis. This is deemed appropriate as the directors will continue to support the company financially for the foreseeable future to enable it to meet its liabilities as they fall due.
2.3. Stocks and Work in Progress
Stock consists of development property and is valued at the lower of cost and net realisable value.
2.4. Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the balance sheet date.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
1Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Stock | 151,791 |  | 151,791

5. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Accruals and deferred income | 535 |  | 535
Directors' loan accounts | 413,026 |  | 413,026
| 413,561 |  | 413,561

Page 2
Page 3
Affordable Homes (Wales) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
6. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 3 |  | 3

Page 3