Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 02504016 Mr Vinod Halai Mr Vipul Halai Mrs Vijyaben Halai iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02504016 2024-12-31 02504016 2025-12-31 02504016 2025-01-01 2025-12-31 02504016 frs-core:CurrentFinancialInstruments 2025-12-31 02504016 frs-core:Non-currentFinancialInstruments 2025-12-31 02504016 frs-core:InvestmentPropertyIncludedWithinPPE 2025-12-31 02504016 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 02504016 frs-core:RevaluationReserve 2024-12-31 02504016 frs-core:RevaluationReserve 2025-12-31 02504016 frs-core:ShareCapital 2025-12-31 02504016 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 02504016 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 02504016 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 02504016 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02504016 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 02504016 frs-bus:SmallEntities 2025-01-01 2025-12-31 02504016 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 02504016 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02504016 frs-bus:Director1 2025-01-01 2025-12-31 02504016 frs-bus:Director2 2025-01-01 2025-12-31 02504016 frs-bus:Director3 2025-01-01 2025-12-31 02504016 frs-countries:EnglandWales 2025-01-01 2025-12-31 02504016 2023-12-31 02504016 2024-12-31 02504016 2024-01-01 2024-12-31 02504016 frs-core:CurrentFinancialInstruments 2024-12-31 02504016 frs-core:Non-currentFinancialInstruments 2024-12-31 02504016 frs-core:RevaluationReserve 2024-12-31 02504016 frs-core:ShareCapital 2024-12-31 02504016 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 02504016
Marigold Construction Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02504016
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 534,000 534,000
534,000 534,000
CURRENT ASSETS
Debtors 5 418,434 418,434
Cash at bank and in hand 29,034 20,724
447,468 439,158
Creditors: Amounts Falling Due Within One Year 6 (16,026 ) (15,058 )
NET CURRENT ASSETS (LIABILITIES) 431,442 424,100
TOTAL ASSETS LESS CURRENT LIABILITIES 965,442 958,100
Creditors: Amounts Falling Due After More Than One Year 7 (196,220 ) (221,453 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (34,435 ) (34,435 )
NET ASSETS 734,787 702,212
CAPITAL AND RESERVES
Called up share capital 8 50,000 50,000
Revaluation reserve 9 358,335 358,335
Profit and Loss Account 326,452 293,877
SHAREHOLDERS' FUNDS 734,787 702,212
Page 1
Page 2
For the year ending 31 December 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
Mr Vinod Halai
Director
22/08/2026
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
Marigold Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02504016 . The registered office is 250 Chamberlayne Road, London, NW10 3LN.
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
For the period under review, turnover comprises solely rental income received or receivable from the company's tenants. There are no sales of goods, provision of services, or other trading activities.
Rental income is recognised in accordance with the company's accounting policy and relates to rent earned from the company's investment property/properties during the period. Where applicable, rental income received in advance or accrued at the year end is accounted for in the appropriate period.
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
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: NIL (2024: NIL)
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4. Tangible Assets
Investment Properties
£
Cost
As at 1 January 2025 534,000
As at 31 December 2025 534,000
Net Book Value
As at 31 December 2025 534,000
As at 1 January 2025 534,000
Freehold property was revalued in February 2016 as part of the refinance process by Mr T Kyriacou Bsc (Hons), Msc, MRICS and Mr H Hirani Bsc (Hons), MRICS, both of Anderson Wilde & Harris. The valuations were based on recent market values achieved on comparable properties in the immediate vicinity. 
Investment properties consist of land and buildings held to earn rental income or for capital appreciation, or both, rather than for use in the production or supply of goods or services or for administrative purposes.
Investment properties are initially measured at cost and subsequently measured at fair value at each reporting date. In accordance with , depreciation is not charged on investment properties. Changes in fair value are recognized in the profit and loss account.
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 418,434 418,434
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
Other creditors 6,831 6,831
Taxation and social security 9,194 8,226
16,026 15,058
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 196,220 221,453
Bank loans are secured by a fixed charge over freehold property
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 50,000 50,000
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Page 5
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 January 2025 358,335 293,877
Profit for the year and total comprehensive income - 32,575
As at 31 December 2025 358,335 326,452
10. Related Party Transactions
Other debtors include £418,434 (2024: £418,434) owed by company registered in UK and under common ownership and control.
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