Acorah Software Products - Accounts Production 19.3.550 false true true 28 February 2025 29 February 2024 false 1 March 2025 28 February 2026 28 February 2026 13937195 Mr A T Ratcliffe Miss L F Todd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13937195 2025-02-28 13937195 2026-02-28 13937195 2025-03-01 2026-02-28 13937195 frs-core:Non-currentFinancialInstruments 2026-02-28 13937195 frs-core:ShareCapital 2026-02-28 13937195 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 13937195 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 13937195 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 13937195 frs-bus:SmallEntities 2025-03-01 2026-02-28 13937195 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 13937195 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 13937195 frs-bus:Director1 2025-03-01 2026-02-28 13937195 frs-bus:Director2 2025-03-01 2026-02-28 13937195 frs-countries:EnglandWales 2025-03-01 2026-02-28 13937195 2024-02-28 13937195 2025-02-28 13937195 2024-02-29 2025-02-28 13937195 frs-core:Non-currentFinancialInstruments 2025-02-28 13937195 frs-core:ShareCapital 2025-02-28 13937195 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 13937195
Oliver Órla Property Investments Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13937195
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 112,024 112,024
112,024 112,024
CURRENT ASSETS
Debtors 5 2,178 2,347
Cash at bank and in hand 1,225 919
3,403 3,266
Creditors: Amounts Falling Due Within One Year 6 (840 ) (780 )
NET CURRENT ASSETS (LIABILITIES) 2,563 2,486
TOTAL ASSETS LESS CURRENT LIABILITIES 114,587 114,510
Creditors: Amounts Falling Due After More Than One Year 7 (124,101 ) (124,748 )
NET LIABILITIES (9,514 ) (10,238 )
CAPITAL AND RESERVES
Called up share capital 8 400 400
Profit and Loss Account (9,914 ) (10,638 )
SHAREHOLDERS' FUNDS (9,514) (10,238)
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For the year ending 28 February 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 A T Ratcliffe
Director
4 August 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
Oliver Órla Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13937195 . The registered office is York Hub, Popeshead Court Offices, Peter Lane, York, YO1 8SU.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The directors will continue to financially support the company for the foreseeable future and therefore consider that it is appropriate to prepare the financial statements on the going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents rental income recognised on a monthly basis in accordance with the rental agreements in place and before the deduction of agent's commission.
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. Financial Instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, and loans from banks and other third parties.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Investment Property
2026
£
Fair Value
As at 1 March 2025 and 28 February 2026 112,024
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 2,178 2,347
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 840 780
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other loans 80,755 79,961
Other creditors 43,346 44,787
124,101 124,748
The company has given security by way of legal charges over residential property owned by the company and subject to mortgage loan agreements.
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 400 400
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