Acorah Software Products - Accounts Production 19.3.600 false true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 02940154 Mr Chris Neo Mr Neophytos Neophytou Mr Neophytos Neophytou the Neophytou Trust true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02940154 2025-06-30 02940154 2026-06-30 02940154 2025-07-01 2026-06-30 02940154 frs-core:CurrentFinancialInstruments 2026-06-30 02940154 frs-core:Non-currentFinancialInstruments 2026-06-30 02940154 frs-core:FurnitureFittings 2026-06-30 02940154 frs-core:FurnitureFittings 2025-07-01 2026-06-30 02940154 frs-core:FurnitureFittings 2025-06-30 02940154 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 02940154 frs-core:PlantMachinery 2026-06-30 02940154 frs-core:PlantMachinery 2025-07-01 2026-06-30 02940154 frs-core:PlantMachinery 2025-06-30 02940154 frs-core:RevaluationReserve 2025-06-30 02940154 frs-core:RevaluationReserve 2026-06-30 02940154 frs-core:ShareCapital 2026-06-30 02940154 frs-core:RetainedEarningsAccumulatedLosses 2025-07-01 2026-06-30 02940154 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-06-30 02940154 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 02940154 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 02940154 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 02940154 frs-bus:SmallEntities 2025-07-01 2026-06-30 02940154 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 02940154 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 02940154 1 2025-07-01 2026-06-30 02940154 frs-bus:Director1 2025-07-01 2026-06-30 02940154 frs-bus:Director2 2025-07-01 2026-06-30 02940154 frs-bus:CompanySecretary1 2025-07-01 2026-06-30 02940154 frs-countries:EnglandWales 2025-07-01 2026-06-30 02940154 2024-06-30 02940154 2025-06-30 02940154 2024-07-01 2025-06-30 02940154 frs-core:CurrentFinancialInstruments 2025-06-30 02940154 frs-core:Non-currentFinancialInstruments 2025-06-30 02940154 frs-core:RevaluationReserve 2025-06-30 02940154 frs-core:ShareCapital 2025-06-30 02940154 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: 02940154
C.C.N.G. Limited
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 02940154
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 13,508,830 13,508,830
13,508,830 13,508,830
CURRENT ASSETS
Debtors 6 85,955 86,105
Cash at bank and in hand 156,113 76,250
242,068 162,355
Creditors: Amounts Falling Due Within One Year 7 (417,836 ) (405,016 )
NET CURRENT ASSETS (LIABILITIES) (175,768 ) (242,661 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,333,062 13,266,169
Creditors: Amounts Falling Due After More Than One Year 8 (5,175,308 ) (5,269,603 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,069,785 ) (1,069,785 )
NET ASSETS 7,087,969 6,926,781
CAPITAL AND RESERVES
Called up share capital 10 2,662 2,662
Revaluation reserve 11 4,560,665 4,560,665
Income Statement 2,524,642 2,363,454
SHAREHOLDERS' FUNDS 7,087,969 6,926,781
Page 1
Page 2
For the year ending 30 June 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 Income Statement.
On behalf of the board
Mr Chris Neo
Director
05/08/2026
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
C.C.N.G. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02940154 . The registered office is 1st Floor Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN.
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 represents that of rents receivable.
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 no depreciation
Plant & Machinery 20% straight line
Fixtures & Fittings 20% straight line
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 income statement.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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: 2 (2025: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2025 5,642 43,351 48,993
As at 30 June 2026 5,642 43,351 48,993
Depreciation
As at 1 July 2025 5,642 43,351 48,993
As at 30 June 2026 5,642 43,351 48,993
Net Book Value
As at 30 June 2026 - - -
As at 1 July 2025 - - -
5. Investment Property
2026
£
Fair Value
As at 1 July 2025 and 30 June 2026 13,508,830
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 8,788,946 8,788,946
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 13,750 -
Amounts owed by group undertakings 72,205 72,205
Other debtors - 13,900
85,955 86,105
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 298,474 353,940
Corporation tax 53,730 35,664
Other creditors 7,262 10,262
Accruals and deferred income 58,370 5,150
417,836 405,016
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 1,881,235 1,975,213
Other creditors 3,294,073 3,294,390
5,175,308 5,269,603
9. Secured Creditors
Of the creditors the following amounts are secured.
2026 2025
£ £
Bank loans and overdrafts 1,881,235 2,328,439
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2,662 2,662
11. Reserves
Revaluation reserve Income Statement
£ £
As at 1 July 2025 4,560,665 2,363,454
Profit for the year and total comprehensive income - 161,188
As at 30 June 2026 4,560,665 2,524,642
12. Related Party Transactions
At the balance sheet date £615,298 (2025: £615,615) was due from the company to the directors.
13. Ultimate Controlling Party
The company's ultimate controlling party is the Neophytou Trust , a trust registered in Belize (registration number IFSC/99/T322/08) by virtue of its ownership of 100% of the Euro shares.
Page 5