Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 29 October 2023 false 1 January 2025 31 December 2025 31 December 2025 9248247 Mr Neil Corbett Mrs Marilyn Corbett Mr Neil Corbett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9248247 2024-12-31 9248247 2025-12-31 9248247 2025-01-01 2025-12-31 9248247 frs-core:CurrentFinancialInstruments 2025-12-31 9248247 frs-core:Non-currentFinancialInstruments 2025-12-31 9248247 frs-core:FurnitureFittings 2025-12-31 9248247 frs-core:FurnitureFittings 2025-01-01 2025-12-31 9248247 frs-core:FurnitureFittings 2024-12-31 9248247 frs-core:MotorVehicles 2025-12-31 9248247 frs-core:MotorVehicles 2025-01-01 2025-12-31 9248247 frs-core:MotorVehicles 2024-12-31 9248247 frs-core:ShareCapital 2025-12-31 9248247 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 9248247 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 9248247 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 9248247 frs-bus:SmallEntities 2025-01-01 2025-12-31 9248247 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 9248247 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 9248247 frs-bus:Director1 2025-01-01 2025-12-31 9248247 frs-bus:Director2 2025-01-01 2025-12-31 9248247 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 9248247 frs-countries:EnglandWales 2025-01-01 2025-12-31 9248247 2023-10-28 9248247 2024-12-31 9248247 2023-10-29 2024-12-31 9248247 frs-core:CurrentFinancialInstruments 2024-12-31 9248247 frs-core:Non-currentFinancialInstruments 2024-12-31 9248247 frs-core:ShareCapital 2024-12-31 9248247 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 9248247
Corbett Property Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Coleman Webb
Chartered Certified Accountants
18 Green Lane
Paddock Wood
Kent
TN12 6BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9248247
31 December 2025 31 December 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,916 2,554
Investment Properties 5 363,680 363,680
365,596 366,234
CURRENT ASSETS
Debtors 6 10 10
Cash at bank and in hand 576 267
586 277
Creditors: Amounts Falling Due Within One Year 7 (292,323 ) (294,640 )
NET CURRENT ASSETS (LIABILITIES) (291,737 ) (294,363 )
TOTAL ASSETS LESS CURRENT LIABILITIES 73,859 71,871
Creditors: Amounts Falling Due After More Than One Year 8 (260,758 ) (259,594 )
NET LIABILITIES (186,899 ) (187,723 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (186,999 ) (187,823 )
SHAREHOLDERS' FUNDS (186,899) (187,723)
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 Neil Corbett
Director
14th September 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
Corbett Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 9248247 . The registered office is 93 The Highway, Orpington, Kent, BR6 9DQ.
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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 12,397 4,394 16,791
As at 31 December 2025 12,397 4,394 16,791
Depreciation
As at 1 January 2025 11,233 3,004 14,237
Provided during the period 291 347 638
As at 31 December 2025 11,524 3,351 14,875
...CONTINUED
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Page 4
Net Book Value
As at 31 December 2025 873 1,043 1,916
As at 1 January 2025 1,164 1,390 2,554
5. Investment Property
31 December 2025
£
Fair Value
As at 1 January 2025 and 31 December 2025 363,680
6. Debtors
31 December 2025 31 December 2024
£ £
Due within one year
Trade debtors (21,300 ) (21,300 )
Other debtors 21,310 21,310
10 10
7. Creditors: Amounts Falling Due Within One Year
31 December 2025 31 December 2024
£ £
Trade creditors - (1 )
Other creditors 206,753 206,753
Accruals and deferred income 1,560 1,560
Directors' loan accounts 84,010 86,328
292,323 294,640
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2025 31 December 2024
£ £
Other loans 260,758 259,594
9. Share Capital
31 December 2025 31 December 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4