Acorah Software Products - Accounts Production 19.4.300 false true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 00436109 Mr M Clothier Mrs J Browning Mrs N Chaw Mr L Clothier Mrs S Win-Clothier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00436109 2025-06-30 00436109 2026-06-30 00436109 2025-07-01 2026-06-30 00436109 frs-core:CurrentFinancialInstruments 2026-06-30 00436109 frs-core:RevaluationReserve 2025-06-30 00436109 frs-core:RevaluationReserve 2026-06-30 00436109 frs-core:ShareCapital 2026-06-30 00436109 frs-core:RetainedEarningsAccumulatedLosses 2025-07-01 2026-06-30 00436109 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-06-30 00436109 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 00436109 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 00436109 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 00436109 frs-bus:SmallEntities 2025-07-01 2026-06-30 00436109 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 00436109 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 00436109 frs-bus:Director1 2025-07-01 2026-06-30 00436109 frs-bus:Director1 2025-06-30 00436109 frs-bus:Director1 2026-06-30 00436109 frs-bus:Director2 2025-07-01 2026-06-30 00436109 frs-bus:Director3 2025-07-01 2026-06-30 00436109 frs-bus:Director4 2025-07-01 2026-06-30 00436109 frs-bus:Director5 2025-07-01 2026-06-30 00436109 frs-bus:Director5 2025-06-30 00436109 frs-bus:Director5 2026-06-30 00436109 frs-countries:EnglandWales 2025-07-01 2026-06-30 00436109 2024-06-30 00436109 2025-06-30 00436109 2024-07-01 2025-06-30 00436109 frs-core:CurrentFinancialInstruments 2025-06-30 00436109 frs-core:RevaluationReserve 2025-06-30 00436109 frs-core:ShareCapital 2025-06-30 00436109 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: 00436109
Kelly (Properties) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2026
Elsburys Accountants ACCA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00436109
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 1,250,000 1,250,000
1,250,000 1,250,000
CURRENT ASSETS
Cash at bank and in hand 66,642 40,618
66,642 40,618
Creditors: Amounts Falling Due Within One Year 5 (165,721 ) (172,275 )
NET CURRENT ASSETS (LIABILITIES) (99,079 ) (131,657 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,150,921 1,118,343
PROVISIONS FOR LIABILITIES
Deferred Taxation (226,090 ) (226,090 )
NET ASSETS 924,831 892,253
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Revaluation reserve 8 925,177 925,177
Profit and Loss Account (1,346 ) (33,924 )
SHAREHOLDERS' FUNDS 924,831 892,253
Page 1
Page 2
For the year ending 30 June 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 M Clothier
Director
19/08/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kelly (Properties) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00436109 . The registered office is 24 Barnwells Court, High Street Hartley Wintney, Hook, Hampshire, RG27 8AY.
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. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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: 4 (2025: 5)
4 5
4. Investment Property
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 98,733 98,733
Accumulated depreciation and impairment 55,608 54,728
Carrying amount 43,125 44,005
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 157,712 168,790
Taxation and social security 8,009 3,485
165,721 172,275
6. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
7. Directors Advances, Credits and Guarantees
As at 30th June 2026, the company owed Mr M Clothier and Mrs S Win-Clothier £126,476. (2025: £143,410)
As at 1 July 2025 Amounts advanced Amounts repaid Amounts written off As at 30 June 2026
£ £ £ £ £
Mr Michael Clothier 71,705 783 (9,250 ) - 63,238
Mrs San Win-Clothier 71,705 783 (9,250 ) - 63,238
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 July 2025 925,177 (33,924 )
Profit for the year and total comprehensive income - 32,578
As at 30 June 2026 925,177 (1,346 )
Page 4