Acorah Software Products - Accounts Production 19.2.350 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 05230217 Mr Osman Avdji Mr Veli Avdji Mrs Lema Cankan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05230217 2024-11-30 05230217 2025-11-30 05230217 2024-12-01 2025-11-30 05230217 frs-core:Non-currentFinancialInstruments 2025-11-30 05230217 frs-core:ComputerEquipment 2024-12-01 2025-11-30 05230217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-01 2025-11-30 05230217 frs-core:PlantMachinery 2024-12-01 2025-11-30 05230217 frs-core:ShareCapital 2025-11-30 05230217 frs-core:RetainedEarningsAccumulatedLosses 2024-12-01 2025-11-30 05230217 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-11-30 05230217 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 05230217 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 05230217 frs-bus:AbridgedAccounts 2024-12-01 2025-11-30 05230217 frs-bus:SmallEntities 2024-12-01 2025-11-30 05230217 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 05230217 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 05230217 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 05230217 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-11-30 05230217 frs-bus:Director1 2024-12-01 2025-11-30 05230217 frs-bus:Director2 2024-12-01 2025-11-30 05230217 frs-bus:Director3 2024-12-01 2025-11-30 05230217 frs-countries:EnglandWales 2024-12-01 2025-11-30 05230217 2023-11-30 05230217 2024-11-30 05230217 2023-12-01 2024-11-30 05230217 frs-core:Non-currentFinancialInstruments 2024-11-30 05230217 frs-core:ShareCapital 2024-11-30 05230217 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 05230217 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30
Registered number: 05230217
Lov Limited
ABRIDGED Financial Statements
For The Year Ended 30 November 2025
RITA HOLDINGS LIMITED
Chartered Tax Advisers
310 Lakes Innovation Centre
Lakes Road
Braintree
CM7 3AN
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05230217
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,433 6,140
Investment Properties 5 8,740,739 8,740,739
8,746,172 8,746,879
CURRENT ASSETS
Debtors 54,431 59,684
Cash at bank and in hand 474,551 514,689
528,982 574,373
Creditors: Amounts Falling Due Within One Year (316,622 ) (143,303 )
NET CURRENT ASSETS (LIABILITIES) 212,360 431,070
TOTAL ASSETS LESS CURRENT LIABILITIES 8,958,532 9,177,949
Creditors: Amounts Falling Due After More Than One Year (2,735,000 ) (2,765,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (58,326 ) (58,326 )
NET ASSETS 6,165,206 6,354,623
CAPITAL AND RESERVES
Called up share capital 6 3 3
Fair value reserve 7 5,330,162 5,330,162
Profit and Loss Account 835,041 1,024,458
SHAREHOLDERS' FUNDS 6,165,206 6,354,623
Page 1
Page 2
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 November 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Veli Avdji
Director
30th July 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Lov Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05230217 . The registered office is 310 Lakes Innovation Centre, Lakes Road, Braintree, Essex, CM7 3AN.
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 letting of investment property.
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:
Freehold Not depreciated
Plant & Machinery 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. 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.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Total
£
Cost or Valuation
As at 1 December 2024 13,541
Additions 651
As at 30 November 2025 14,192
Depreciation
As at 1 December 2024 7,401
Provided during the period 1,358
As at 30 November 2025 8,759
Net Book Value
As at 30 November 2025 5,433
As at 1 December 2024 6,140
5. Investment Property
2025
£
Fair Value
As at 1 December 2024 and 30 November 2025 8,740,739
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
7. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 December 2024 5,330,162 1,024,458
Loss for the year and total comprehensive income - (66,354 )
Dividends paid - (123,063)
As at 30 November 2025 5,330,162 835,041
Page 4