Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 true 1 January 2025 31 December 2025 31 December 2025 14086489 Wai Keung Nip Getground Secretary Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14086489 2024-12-31 14086489 2025-12-31 14086489 2025-01-01 2025-12-31 14086489 frs-core:CurrentFinancialInstruments 2025-12-31 14086489 frs-core:Non-currentFinancialInstruments 2025-12-31 14086489 frs-core:PlantMachinery 2025-12-31 14086489 frs-core:PlantMachinery 2025-01-01 2025-12-31 14086489 frs-core:PlantMachinery 2024-12-31 14086489 frs-core:ShareCapital 2025-12-31 14086489 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 14086489 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 14086489 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 14086489 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14086489 frs-bus:FullAccounts 2025-01-01 2025-12-31 14086489 frs-bus:SmallEntities 2025-01-01 2025-12-31 14086489 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 14086489 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14086489 frs-bus:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 14086489 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-01 2025-12-31 14086489 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 14086489 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 14086489 frs-bus:Director1 2025-01-01 2025-12-31 14086489 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 14086489 3 2025-01-01 2025-12-31 14086489 frs-countries:EnglandWales 2025-01-01 2025-12-31 14086489 2023-12-31 14086489 2024-12-31 14086489 2024-01-01 2024-12-31 14086489 frs-core:CurrentFinancialInstruments 2024-12-31 14086489 frs-core:Non-currentFinancialInstruments 2024-12-31 14086489 frs-core:ShareCapital 2024-12-31 14086489 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14086489 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 14086489 3 2024-01-01 2024-12-31
Registered number: 14086489
GG-531-983 Limited
Director's Report and
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Company Information 1
Director's Report 2
Profit and Loss Account 3
Balance Sheet 4—5
Notes to the Financial Statements 6—8
Page 1
Company Information
Director Wai Keung Nip
Secretary Getground Secretary Limited
Company Number 14086489
Registered Office 1 Lyric Square
C/O Getground
London
W6 0NB
Page 1
Page 2
Director's Report
The director presents his report and the financial statements for the year ended 31 December 2025.
Principal Activity
The company's principal activity continues to be that of investment property.
Directors
The director who held office during the year were as follows:
Wai Keung Nip
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Wai Keung Nip
Director
12/08/2026
Page 2
Page 3
Profit and Loss Account
2025 2024
Notes £ £
TURNOVER 8,193 8,814
GROSS PROFIT 8,193 8,814
Administrative expenses (5,484 ) (4,040 )
Other operating income - 569
Fair value gains/(losses) on investment properties 70,000 (5,000 )
OPERATING PROFIT 72,709 343
Interest payable and similar charges (5,968 ) (6,690 )
PROFIT/(LOSS) BEFORE TAXATION 66,741 (6,347 )
Tax on Profit/(loss) (13,300 ) 950
PROFIT/(LOSS) AFTER TAXATION BEING PROFIT/(LOSS) FOR THE FINANCIAL YEAR 53,441 (5,397 )
The notes on pages 6 to 8 form part of these financial statements.
Page 3
Page 4
Balance Sheet
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 75 187
Investment Properties 5 140,000 70,000
140,075 70,187
CURRENT ASSETS
Debtors 6 1,052 15,003
Cash at bank and in hand 201 162
1,253 15,165
Creditors: Amounts Falling Due Within One Year 7 (100,505 ) (98,063 )
NET CURRENT ASSETS (LIABILITIES) (99,252 ) (82,898 )
TOTAL ASSETS LESS CURRENT LIABILITIES 40,823 (12,711 )
Creditors: Amounts Falling Due After More Than One Year 8 (60,135 ) (60,043 )
NET LIABILITIES (19,312 ) (72,754 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 (3,314 ) (60,014 )
Profit and Loss Account (16,098 ) (12,840 )
SHAREHOLDERS' FUNDS (19,312) (72,754)
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Page 5
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Wai Keung Nip
Director
12/08/2026
The notes on pages 6 to 8 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
GG-531-983 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14086489 . The registered office is 1 Lyric Square, C/O Getground, London, W6 0NB.
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.
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:
Plant & Machinery 25% 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.
2.5. 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)
- -
Page 6
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4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 January 2025 450
As at 31 December 2025 450
Depreciation
As at 1 January 2025 263
Provided during the period 112
As at 31 December 2025 375
Net Book Value
As at 31 December 2025 75
As at 1 January 2025 187
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 70,000
Revaluations 70,000
As at 31 December 2025 140,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 723
Prepayments and accrued income 175 103
Other debtors 100 100
275 926
Due after more than one year
Deferred tax current asset 777 14,077
1,052 15,003
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 26 26
Other creditors 66 66
Accruals and deferred income 387 10
Director's loan account 100,026 97,961
100,505 98,063
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Page 8
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 60,135 60,043
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 January 2025 (60,014 ) (12,840 )
Profit for the year and total comprehensive income - 53,441
Transfer to/from Fair value reserve - (56,699)
Transfer to/from Profit & Loss Account 56,700 -
As at 31 December 2025 (3,314 ) (16,098 )
Page 8