Acorah Software Products - Accounts Production 19.3.600 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 12033352 Ravi Gidwani Reema Pau iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12033352 2024-12-31 12033352 2025-12-31 12033352 2025-01-01 2025-12-31 12033352 frs-core:CurrentFinancialInstruments 2025-12-31 12033352 frs-core:Non-currentFinancialInstruments 2025-12-31 12033352 frs-core:ShareCapital 2025-12-31 12033352 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 12033352 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 12033352 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 12033352 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12033352 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 12033352 frs-bus:SmallEntities 2025-01-01 2025-12-31 12033352 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 12033352 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12033352 frs-bus:Director1 2025-01-01 2025-12-31 12033352 frs-bus:Director2 2025-01-01 2025-12-31 12033352 frs-core:CurrentFinancialInstruments 1 2025-12-31 12033352 frs-countries:EnglandWales 2025-01-01 2025-12-31 12033352 2023-12-31 12033352 2024-12-31 12033352 2024-01-01 2024-12-31 12033352 frs-core:CurrentFinancialInstruments 2024-12-31 12033352 frs-core:Non-currentFinancialInstruments 2024-12-31 12033352 frs-core:ShareCapital 2024-12-31 12033352 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12033352 frs-core:CurrentFinancialInstruments 1 2024-12-31
Registered number: 12033352
R R (Green Street) Ltd
Financial Statements
For The Year Ended 31 December 2025
STG Accountants Ltd t/as STERLING
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12033352
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,246,124 2,246,124
2,246,124 2,246,124
CURRENT ASSETS
Debtors 5 3,028 5,560
Cash at bank and in hand 45,781 66,498
48,809 72,058
Creditors: Amounts Falling Due Within One Year 6 (175,512 ) (230,128 )
NET CURRENT ASSETS (LIABILITIES) (126,703 ) (158,070 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,119,421 2,088,054
Creditors: Amounts Falling Due After More Than One Year 7 (1,397,323 ) (1,403,246 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (122,733 ) (122,733 )
NET ASSETS 599,365 562,075
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 599,265 561,975
SHAREHOLDERS' FUNDS 599,365 562,075
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
Ravi Gidwani
Director
09/09/2026
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
R R (Green Street) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12033352 . 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. Going Concern Disclosure
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover represents rental income receivable from the company's investment properties in the ordinary course of business, net of any applicable discounts, incentives and value added tax.
Rental income is recognised on a straight-line basis over the period to which it relates, in accordance with the terms of the relevant tenancy or lease agreements.
2.4. Investment Properties
Investment properties are properties held to earn rental income and/or for capital appreciation.
Investment properties are initially recognised at cost, including directly attributable transaction costs. They are subsequently measured at fair value at each reporting date, where fair value can be measured reliably without undue cost or effort.
Any changes in fair value are recognised in the profit and loss account in the period in which they arise.
Where the fair value of an investment property cannot be measured reliably without undue cost or effort, the property is accounted for using the cost model in accordance with FRS 102 until a reliable measure of fair value becomes available.
No depreciation is provided on investment properties carried at fair value
2.5. Taxation
Taxation for the year comprises current and deferred tax.
Current tax is recognised for the amount of corporation tax payable in respect of the taxable profit for the current or past reporting periods, using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date, where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
4. Investment Property
2025
£
Fair Value
As at 1 January 2025 and 31 December 2025 2,246,124
In the directors' view, the fair value of the investment properties at 31 December 2024 was not materially different from the carrying amount stated above.
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 1,666,995 1,666,995
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,786 4,708
Amounts owed from connected company 1,242 852
3,028 5,560
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,249 10,150
Bank loans and overdrafts 5,923 5,774
Corporation tax 10,894 12,284
Accruals and deferred income 3,446 1,920
Directors' loan accounts 150,000 200,000
175,512 230,128
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,397,323 1,403,246
8. Secured Creditors
The main bank loan is secured by a legal charge over the investment properties and by personal guarantee of the directors. The loans is interest only, fully repayable by April 2042 and the rates of interest charged is 2.95% per annum.
Bounce Back Loan is unsecured and which is repayable by May 2030 with interest charge at 2.5% per annum.
2025 2024
£ £
Bank loans and overdrafts 1,375,945 1,375,945
Page 4
Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
The company's issued share capital comprises 100 Ordinary shares of £1 each.
10. Reserves
Profit and Loss Account
£
As at 1 January 2025 561,975
Profit for the year and total comprehensive income 37,290
As at 31 December 2025 599,265
11. Related Party Transactions
As at 31 December 2025 the company owed £150,000 (2024: £200,000) to the directors. The amounts payable on demand carry no interest.
During the year, the company transacted with companies connected by common ownership and directorship.
As at 31 December 2025, amounts of £1242 (2024: £852) were due from connected companies. These balances are unsecured, are interest-free, have no fixed repayment date and are repayable on demand.
Page 5