Acorah Software Products - Accounts Production 19.3.600 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 00585752 Mr L G Lazarus Mrs B Lazarus Mr A T Lazarus Mr J S Lazarus Mrs B Lazarus true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00585752 2025-03-31 00585752 2026-03-31 00585752 2025-04-01 2026-03-31 00585752 frs-core:CurrentFinancialInstruments 2026-03-31 00585752 frs-core:InvestmentPropertyIncludedWithinPPE 2026-03-31 00585752 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 00585752 frs-core:OtherReservesSubtotal 2025-03-31 00585752 frs-core:OtherReservesSubtotal 2026-03-31 00585752 frs-core:RevaluationReserve 2025-03-31 00585752 frs-core:RevaluationReserve 2026-03-31 00585752 frs-core:ShareCapital 2026-03-31 00585752 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 00585752 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-03-31 00585752 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 00585752 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 00585752 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 00585752 frs-bus:SmallEntities 2025-04-01 2026-03-31 00585752 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 00585752 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 00585752 frs-bus:OrdinaryShareClass1 2025-04-01 2026-03-31 00585752 frs-bus:OrdinaryShareClass1 2026-03-31 00585752 1 2025-04-01 2026-03-31 00585752 frs-bus:Director1 2025-04-01 2026-03-31 00585752 frs-bus:Director2 2025-04-01 2026-03-31 00585752 frs-bus:Director3 2025-04-01 2026-03-31 00585752 frs-bus:Director4 2025-04-01 2026-03-31 00585752 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 00585752 frs-countries:EnglandWales 2025-04-01 2026-03-31 00585752 2024-03-31 00585752 2025-03-31 00585752 2024-04-01 2025-03-31 00585752 frs-core:CurrentFinancialInstruments 2025-03-31 00585752 frs-core:OtherReservesSubtotal 2025-03-31 00585752 frs-core:RevaluationReserve 2025-03-31 00585752 frs-core:ShareCapital 2025-03-31 00585752 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00585752 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31
Registered number: 00585752
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2026
Daniel Wolfson & Co Ltd
Dns House, 382 Kenton Road
Harrow, Greater London
HA3 8DP
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 00585752

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 25,000,000 |  | 25,000,000
|  |  | 25,000,000 |  | 25,000,000
CURRENT ASSETS
Debtors | 5 | 652,524 |  | 954,320 |
Cash at bank and in hand |  | 1,308,241 |  | 710,446 |
|  | 1,960,765 |  | 1,664,766 |
Creditors: Amounts Falling Due Within One Year | 6 | (964,047 ) |  | (754,032 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 996,718 |  | 910,734
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 25,996,718 |  | 25,910,734
PROVISIONS FOR LIABILITIES
Deferred Taxation | 7 |  | (4,824,472 ) |  | (4,824,472 )
NET ASSETS |  |  | 21,172,246 |  | 21,086,262
CAPITAL AND RESERVES
Called up share capital | 8 |  | 300 |  | 300
Revaluation reserve | 10 |  | 14,473,821 |  | 14,473,821
Other reserves |  |  | 2,586 |  | 2,586
Profit and Loss Account |  |  | 6,695,539 |  | 6,609,555
SHAREHOLDERS' FUNDS |  |  | 21,172,246 |  | 21,086,262

Page 1
Page 2
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 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 L G Lazarus Director
24/08/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Norfolk Square(Northern Section)Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00585752. The registered office is Precision Works, Vicarage Road, Hampton Wick, Kingston Upon Thames, Surrey, KT1 4EB.
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
Revenue represents rental income which is measured at the fair value of the consideration received or receivable, excluding discounts, rebate, value added tax and other sales taxes. Rental income is recognised on an accruals basis over the period of the rental agreement.
2.3. 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.
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2025: 6)
6 6
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost
As at 1 April 2025 | 25,000,000
As at 31 March 2026 | 25,000,000
Net Book Value
As at 31 March 2026 | 25,000,000
As at 1 April 2025 | 25,000,000

Page 3
Page 4
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
Cost or valuation as at 31 March 2026 is represented by:

| Investment Properties
--- | ---
| £
At cost | 4,966,707
At valuation | 20,033,293
| 25,000,000

Investment property has been valued at the balance sheet date by the directors, who believe the carrying value to be their fair value. There has been no valuation of invesment property by an independent valuer.
5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 33,904 |  | 513,951
Prepayments and accrued income | 42,620 |  | 50,020
Other debtors | 576,000 |  | 390,349
| 652,524 |  | 954,320

6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 6,779 |  | 31,039
Tax | 278,544 |  | 231,641
Social security & other taxes | 29,748 |  | 21,755
Accruals and deferred income | 605,800 |  | 461,109
Directors' loan accounts | 43,176 |  | 8,488
| 964,047 |  | 754,032

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Other timing differences | 4,824,472 |  | 4,824,472

8. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
Allotted, called up but not fully paid | £ |  | £
300 Ordinary Shares of £ 1.00 each | 300 |  | 300

Page 4
Page 5
NORFOLK SQUARE(NORTHERN SECTION)LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
9. Dividends

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 450,000 |  | 600,000
Final dividend paid | 300,000 |  | -
| 750,000 |  | 600,000

10. Reserves

| Revaluation reserve | Other reserves | Profit and Loss Account
--- | --- | --- | ---
| £ | £ | £
As at 1 April 2025 | 14,473,821 | 2,586 | 6,609,555
Profit for the year and total comprehensive income | - | - | 835,984
Dividends paid | - | - | (750,000)
As at 31 March 2026 | 14,473,821 | 2,586 | 6,695,539

11. Related Party Transactions
During the year, dividends totalling £750,000 (2025 : £600,000) were paid to the directors and shareholders of the company.
12. Ultimate Controlling Party
The company has been under the control of the directors throughout the year.
13. Audit Information
The auditor's report on the accounts of NORFOLK SQUARE(NORTHERN SECTION)LIMITED for the year ended 31 March 2026 was unqualified.
The auditor's report was signed by Statutory Auditor.
Page 5