Acorah Software Products - Accounts Production 19.3.600 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 06034357 Mr Birju Lukka Mr Nilesh Lukka Mrs Anjnaben Lukka iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06034357 2025-05-31 06034357 2026-05-31 06034357 2025-06-01 2026-05-31 06034357 frs-core:CurrentFinancialInstruments 2026-05-31 06034357 frs-core:Non-currentFinancialInstruments 2026-05-31 06034357 frs-core:FurnitureFittings 2026-05-31 06034357 frs-core:FurnitureFittings 2025-06-01 2026-05-31 06034357 frs-core:FurnitureFittings 2025-05-31 06034357 frs-core:InvestmentPropertyIncludedWithinPPE 2026-05-31 06034357 frs-core:InvestmentPropertyIncludedWithinPPE 2025-06-01 2026-05-31 06034357 frs-core:InvestmentPropertyIncludedWithinPPE 2025-05-31 06034357 frs-core:RevaluationReserve 2025-05-31 06034357 frs-core:RevaluationReserve 2026-05-31 06034357 frs-core:ShareCapital 2026-05-31 06034357 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 06034357 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 06034357 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 06034357 frs-bus:SmallEntities 2025-06-01 2026-05-31 06034357 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 06034357 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 06034357 frs-bus:Director1 2025-06-01 2026-05-31 06034357 frs-bus:Director2 2025-06-01 2026-05-31 06034357 frs-bus:CompanySecretary1 2025-06-01 2026-05-31 06034357 frs-countries:EnglandWales 2025-06-01 2026-05-31 06034357 2024-05-31 06034357 2025-05-31 06034357 2024-06-01 2025-05-31 06034357 frs-core:CurrentFinancialInstruments 2025-05-31 06034357 frs-core:Non-currentFinancialInstruments 2025-05-31 06034357 frs-core:RevaluationReserve 2025-05-31 06034357 frs-core:ShareCapital 2025-05-31 06034357 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 06034357
Macneil UB40 Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Price Mann Limited
Chartered Certified Accountants
Magnolia House, Spring Villa
11 Spring Villa Road
Edgware
HA8 7EB
Macneil UB40 Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Macneil UB40 Limited
Balance Sheet
As At 31 May 2026
Balance Sheet
Registered number: 06034357

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 700,000 |  | 701,673
|  |  | 700,000 |  | 701,673
CURRENT ASSETS
Debtors | 5 | 1,335,830 |  | 1,343,086 |
Cash at bank and in hand |  | 83,735 |  | 36,056 |
|  | 1,419,565 |  | 1,379,142 |
Creditors: Amounts Falling Due Within One Year | 6 | (26,804 ) |  | (26,611 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,392,761 |  | 1,352,531
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,092,761 |  | 2,054,204
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (30,000 ) |  | (30,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 8 |  | (27,170 ) |  | (26,802 )
NET ASSETS |  |  | 2,035,591 |  | 1,997,402
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Revaluation reserve | 10 |  | 152,756 |  | 152,756
Profit and Loss Account |  |  | 1,882,735 |  | 1,844,546
SHAREHOLDERS' FUNDS |  |  | 2,035,591 |  | 1,997,402

Page 1
Page 2
Macneil UB40 Limited
Balance Sheet (continued)
As At 31 May 2026
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 Nilesh Lukka Director
20 August 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Macneil UB40 Limited
Notes to the Financial Statements
For The Year Ended 31 May 2026
Notes to the Financial Statements
1. General Information
Macneil UB40 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06034357 . The registered office is Macneil House, 9-17 Lodge Lane, London, N12 8JH.
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 rental income earned from investments and development properties.
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 | 15% Reducing Balance Method

2.4. Investment Properties
Investment properties, which are properties held to earn rentals and/or for capital appreciation, are initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently these are measured at fair value at the reporting end date. The gain or loss on valuation is recognised in profit or loss and is subsequently transferred within equity to the "revaluation reserve" together with the associated deferred tax.
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
...CONTINUED
Page 3
Page 4
Macneil UB40 Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
2.5. Financial Instruments - continued
Basic financial assets, which include debtors, loans to companies under common control and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within
one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and loans from companies under common control that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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.
Page 4
Page 5
Macneil UB40 Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
2.7. Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2.8. Revaluation Reserve
The revaluation reserve comprises the fair value uplift on the company's investment properties net of the associated deferred tax. Any movement in the fair value of the investment property and/or the deferred tax associated with it during the year is transferred from the profit and loss account into this reserve as a reserve movement in the Statement of Changes in Equity. The reserve is non-distributable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets

| Investment Properties | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 June 2025 | 700,000 | 10,000 | 710,000
Disposals | - | (10,000 ) | (10,000 )
As at 31 May 2026 | 700,000 | - | 700,000
Depreciation
As at 1 June 2025 | - | 8,327 | 8,327
Disposals | - | (8,327 ) | (8,327 )
As at 31 May 2026 | - | - | -
Net Book Value
As at 31 May 2026 | 700,000 | - | 700,000
As at 1 June 2025 | 700,000 | 1,673 | 701,673

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 May 2026 by the directors on an open market value basis.
Page 5
Page 6
Macneil UB40 Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 33,301 |  | 40,985
Prepayments and accrued income | 1,504 |  | 1,076
| 34,805 |  | 42,061
Due after more than one year
Amounts owed by related parties | 1,301,025 |  | 1,301,025
| 1,335,830 |  | 1,343,086

6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Corporation tax | 12,857 |  | 11,485
VAT | 8,026 |  | 9,273
Accruals and deferred income | 5,921 |  | 5,853
| 26,804 |  | 26,611

7. Creditors: Amounts Falling Due After More Than One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Other creditors | 30,000 |  | 30,000

8. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Other timing differences | 27,170 |  | 26,802

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 6
Page 7
Macneil UB40 Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2026
10. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 June 2025 | 152,756
As at 31 May 2026 | 152,756

11. Related Party Transactions
Amounts owed from related parties include amounts owed to companies with shared directorships totalling to £1,301,025 (2025: £1,301,025)
Amounts owed to related parties include amounts owed to companies with shared directorships totalling to £ NIL (2025: £ NIL)
Page 7