Acorah Software Products - Accounts Production 19.4.300 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 03872820 S C Weddell Weddell, James Weddell, James iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03872820 2024-11-30 03872820 2025-11-30 03872820 2024-12-01 2025-11-30 03872820 frs-core:CurrentFinancialInstruments 2025-11-30 03872820 frs-core:PlantMachinery 2025-11-30 03872820 frs-core:PlantMachinery 2024-12-01 2025-11-30 03872820 frs-core:PlantMachinery 2024-11-30 03872820 frs-core:RevaluationReserve 2024-11-30 03872820 frs-core:RevaluationReserve 2025-11-30 03872820 frs-core:ShareCapital 2025-11-30 03872820 frs-core:RetainedEarningsAccumulatedLosses 2024-12-01 2025-11-30 03872820 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-11-30 03872820 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 03872820 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 03872820 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 03872820 frs-bus:SmallEntities 2024-12-01 2025-11-30 03872820 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 03872820 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 03872820 frs-bus:Director1 2024-12-01 2025-11-30 03872820 frs-bus:Director1 2024-11-30 03872820 frs-bus:Director1 2025-11-30 03872820 frs-bus:Director2 2024-12-01 2025-11-30 03872820 frs-bus:CompanySecretary1 2024-12-01 2025-11-30 03872820 frs-countries:EnglandWales 2024-12-01 2025-11-30 03872820 2023-11-30 03872820 2024-11-30 03872820 2023-12-01 2024-11-30 03872820 frs-core:CurrentFinancialInstruments 2024-11-30 03872820 frs-core:RevaluationReserve 2024-11-30 03872820 frs-core:ShareCapital 2024-11-30 03872820 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 03872820
Residential Investment Property Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Deepblue Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03872820
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27 35
Investment Properties 5 113,671 113,671
113,698 113,706
CURRENT ASSETS
Debtors 6 14,769 14,831
Cash at bank and in hand 46,271 43,346
61,040 58,177
Creditors: Amounts Falling Due Within One Year 7 (13,561 ) (13,734 )
NET CURRENT ASSETS (LIABILITIES) 47,479 44,443
TOTAL ASSETS LESS CURRENT LIABILITIES 161,177 158,149
NET ASSETS 161,177 158,149
CAPITAL AND RESERVES
Called up share capital 8 57 57
Revaluation reserve 10 16,615 16,615
Profit and Loss Account 144,505 141,477
SHAREHOLDERS' FUNDS 161,177 158,149
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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
Weddell, James
Director
31/08/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Residential Investment Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03872820 . The registered office is 26 Porthmellon Gardens, Callington, Cornwall, PL17 7QL.
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:
Plant & Machinery 25% reducing balance
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.
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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)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2024 12,267
As at 30 November 2025 12,267
Depreciation
As at 1 December 2024 12,232
Provided during the period 8
As at 30 November 2025 12,240
Net Book Value
As at 30 November 2025 27
As at 1 December 2024 35
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5. Investment Property
2025
£
Fair Value
As at 1 December 2024 and 30 November 2025 113,671
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 14,769 14,831
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 12,849 12,849
Taxation and social security 712 885
13,561 13,734
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 57 57
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Weddell, James 4,930 29,780 29,842 - 4,868
The above loan is unsecured, interest free and repayable on demand.
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10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 December 2024 16,615 141,477
Profit for the year and total comprehensive income - 3,028
As at 30 November 2025 16,615 144,505
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