Acorah Software Products - Accounts Production 19.2.450 false true 30 November 2024 13 November 2023 false 1 December 2024 30 November 2025 30 November 2025 15279489 D S Storey L E Storey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15279489 2024-11-30 15279489 2025-11-30 15279489 2024-12-01 2025-11-30 15279489 frs-core:CurrentFinancialInstruments 2025-11-30 15279489 frs-core:FurnitureFittings 2025-11-30 15279489 frs-core:FurnitureFittings 2024-12-01 2025-11-30 15279489 frs-core:FurnitureFittings 2024-11-30 15279489 frs-core:ShareCapital 2025-11-30 15279489 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 15279489 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 15279489 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 15279489 frs-bus:SmallEntities 2024-12-01 2025-11-30 15279489 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 15279489 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 15279489 frs-bus:Director1 2024-12-01 2025-11-30 15279489 frs-bus:Director2 2024-12-01 2025-11-30 15279489 frs-countries:EnglandWales 2024-12-01 2025-11-30 15279489 2023-11-12 15279489 2024-11-30 15279489 2023-11-13 2024-11-30 15279489 frs-core:CurrentFinancialInstruments 2024-11-30 15279489 frs-core:ShareCapital 2024-11-30 15279489 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 15279489
South Hams Rentals Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
PKW Accountants Limited
Second Floor
1 Church Square
Leighton Buzzard
Bedfordshire
LU7 1AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15279489
30 November 2025 30 November 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,974 5,209
Investment Properties 5 1,250,000 1,428,643
1,253,974 1,433,852
CURRENT ASSETS
Cash at bank and in hand 5,976 2,601
5,976 2,601
Creditors: Amounts Falling Due Within One Year 6 (1,447,449 ) (1,441,742 )
NET CURRENT ASSETS (LIABILITIES) (1,441,473 ) (1,439,141 )
TOTAL ASSETS LESS CURRENT LIABILITIES (187,499 ) (5,289 )
NET LIABILITIES (187,499 ) (5,289 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (187,599 ) (5,389 )
SHAREHOLDERS' FUNDS (187,499) (5,289)
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.
On behalf of the board
D S Storey
Director
12th 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
South Hams Rentals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15279489 . The registered office is Second Floor, 1 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE.
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:
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 profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 December 2024 6,175
As at 30 November 2025 6,175
Depreciation
As at 1 December 2024 966
Provided during the period 1,235
As at 30 November 2025 2,201
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2025 3,974
As at 1 December 2024 5,209
5. Investment Property
30 November 2025
£
Fair Value
As at 1 December 2024 1,428,643
Fair value adjustments (178,643 )
As at 30 November 2025 1,250,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
30 November 2025 30 November 2024
£ £
Cost - 1,428,643
The valuation of the property was determined by the directors based on their assessment of the property's current market value, taking into consideration relevant market conditions and comparable property values.
6. Creditors: Amounts Falling Due Within One Year
30 November 2025 30 November 2024
£ £
Other loans 134,958 508,083
Other creditors 1,312,491 933,659
1,447,449 1,441,742
7. Share Capital
30 November 2025 30 November 2024
£ £
Allotted, Called up and fully paid 100 100
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