Acorah Software Products - Accounts Production 19.3.600 false true false 2 December 2024 31 March 2026 31 March 2026 16113572 Mr Pravin Khatri iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16113572 2024-12-01 16113572 2026-03-31 16113572 2024-12-02 2026-03-31 16113572 frs-core:CurrentFinancialInstruments 2026-03-31 16113572 frs-core:Non-currentFinancialInstruments 2026-03-31 16113572 frs-core:ShareCapital 2026-03-31 16113572 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 16113572 frs-bus:PrivateLimitedCompanyLtd 2024-12-02 2026-03-31 16113572 frs-bus:FilletedAccounts 2024-12-02 2026-03-31 16113572 frs-bus:SmallEntities 2024-12-02 2026-03-31 16113572 frs-bus:AuditExemptWithAccountantsReport 2024-12-02 2026-03-31 16113572 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-02 2026-03-31 16113572 frs-bus:Director1 2024-12-02 2026-03-31 16113572 frs-countries:EnglandWales 2024-12-02 2026-03-31
Registered number: 16113572
VK1 Properties Ltd
Financial Statements
For the Period 2 December 2024 to 31 March 2026
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of VK1 Properties Ltd for the period 2 December 2024 to 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of VK1 Properties Ltd for the period 2 December 2024 to 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of VK1 Properties Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of VK1 Properties Ltd and state those matters that we have agreed to state to the director of VK1 Properties Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VK1 Properties Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that VK1 Properties Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of VK1 Properties Ltd . You consider that VK1 Properties Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of VK1 Properties Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
01/09/2026
Sterling Accounts Limited t/a STERLING
505 Pinner Road
Harrow
Middlesex
HA2 6EH
Page 1
Page 2
Balance Sheet
Registered number: 16113572
31 March 2026
Notes £ £
FIXED ASSETS
Investment Properties 4 602,923
602,923
CURRENT ASSETS
Debtors 5 103,000
Cash at bank and in hand 221,788
324,788
Creditors: Amounts Falling Due Within One Year 6 (484,581 )
NET CURRENT ASSETS (LIABILITIES) (159,793 )
TOTAL ASSETS LESS CURRENT LIABILITIES 443,130
Creditors: Amounts Falling Due After More Than One Year 7 (443,429 )
NET LIABILITIES (299 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (399 )
SHAREHOLDERS' FUNDS (299)
Page 2
Page 3
For the period 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 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 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 Pravin Khatri
Director
01/09/2026
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
VK1 Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16113572 . The registered office is 505 Pinner Road, Harrow, Middlesex, HA2 6EH.
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, excluding  discounts,
rebates,value added tax and other sales taxes.
Turnover represents revenue recognised by the company in respect of property rental income, exclusive of VAT.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
31 March 2026
£
Fair Value
As at 2 December 2024 -
Additions 602,923
As at 31 March 2026 602,923
As at 31 March 2026 the fair values of the investment properties have estimated by the directors.
5. Debtors
31 March 2026
£
Due within one year
Other debtors 103,000
6. Creditors: Amounts Falling Due Within One Year
31 March 2026
£
Bank loans and overdrafts 10,801
Other creditors 473,780
484,581
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2026
£
Bank loans 443,429
8. Secured Creditors
The bank loans are secured by a legal charge over the properties in the company.
31 March 2026
£
Bank loans and overdrafts 454,230
9. Share Capital
31 March 2026
£
Allotted, Called up and fully paid 100
During the year, 100 Ordinary shares of £1 each were issued at par.
Page 5