Acorah Software Products - Accounts Production 19.4.300 false true true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 02643148 Andreas Chrisostomou Elaine Chrisostomou Lisa Chrisostomou Andrea Chrisostomou Elaine Chrisostomou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02643148 2025-03-31 02643148 2026-03-31 02643148 2025-04-01 2026-03-31 02643148 frs-core:CapitalRedemptionReserve 2026-03-31 02643148 frs-core:OtherReservesSubtotal 2026-03-31 02643148 frs-core:ShareCapital 2026-03-31 02643148 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 02643148 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02643148 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 02643148 frs-bus:SmallEntities 2025-04-01 2026-03-31 02643148 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 02643148 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 02643148 frs-bus:Director1 2025-04-01 2026-03-31 02643148 frs-bus:Director2 2025-04-01 2026-03-31 02643148 frs-bus:Director3 2025-04-01 2026-03-31 02643148 frs-bus:Director4 2025-04-01 2026-03-31 02643148 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 02643148 frs-countries:EnglandWales 2025-04-01 2026-03-31 02643148 2024-03-31 02643148 2025-03-31 02643148 2024-04-01 2025-03-31 02643148 frs-core:CurrentFinancialInstruments 2025-03-31 02643148 frs-core:CapitalRedemptionReserve 2025-03-31 02643148 frs-core:OtherReservesSubtotal 2025-03-31 02643148 frs-core:ShareCapital 2025-03-31 02643148 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 02643148
Andy and Elaine Estates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House, 303 Ballards Lane
London
N12 8NP
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 02643148
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 796,645 796,645
796,645 796,645
CURRENT ASSETS
Debtors 6 1,578 2,017
Cash at bank and in hand 91,500 141,876
93,078 143,893
Creditors: Amounts Falling Due Within One Year 7 (251,009 ) (253,977 )
NET CURRENT ASSETS (LIABILITIES) (157,931 ) (110,084 )
TOTAL ASSETS LESS CURRENT LIABILITIES 638,714 686,561
PROVISIONS FOR LIABILITIES
Deferred Taxation (63,494 ) (63,494 )
NET ASSETS 575,220 623,067
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Capital redemption reserve 54,190 54,190
Other reserves 190,481 190,481
Income Statement 329,549 377,396
SHAREHOLDERS' FUNDS 575,220 623,067
Page 1
Page 2
For the year 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 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 Income Statement.
On behalf of the board
Andreas Chrisostomou
Director
14 September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Andy and Elaine Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02643148 . The registered office is First Floor Global House, 299-303 Ballards Lane, London, N12 8NP.
The presentation currency of the financial statements is the Pound Sterling (£).
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.
2.2. Going Concern Disclosure
These accounts have been prepared on a going concern basis on the grounds that the directors of the company will not withdraw their support until such a time as the company has funds available to meet its debts and liabilities as and when they fall due.
2.3. Turnover
Turnover comprises revenue recognised by the company in respect of rents received and services supplied during the year. Rents are recognised up to the year end date. The total turnover of the company for the year has been derived from its principal activity wholly undertaken within the UK.
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 income statement.
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.
...CONTINUED
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2.5. Taxation - continued
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: 4)
4 4
4. Tax on Profit
Tax Rate 2026 2025
2026 2025 £ £
Current tax
UK Corporation Tax - 19.0% - 783
Total tax charge for the period - 783
2026 2025
£ £
Profit before tax (47,847) 4,120
Breakdown of tax charge is:
Tax on profit at 19% (UK standard rate) - 783
Total tax charge for the period - 783
5. Investment Property
2026
£
Fair Value
As at 1 April 2025 and 31 March 2026 796,645
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 542,670 542,670
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Page 5
The fair value of the properties at March 2026 has been arrived at on the basis of a valuation carried out at that date by the directors of the company who are not professionally qualified valuers. The directors believe that the values shown in the accounts to reflect the market value. The valuation was arrived at by reference to market evidence of transaction prices for similar properties in the location and takes into account the yield from rentals in the area where the property is situated.
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 1,578 2,017
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 251,009 253,212
Taxation and social security - 765
251,009 253,977
Page 5