Acorah Software Products - Accounts Production 19.4.351 false true 29 July 2024 30 July 2023 false 30 July 2024 29 July 2025 29 July 2025 10683370 Mr Robert Lewis Mr David Steadman Mr Lawrence Grove Mr Robert Mulligan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10683370 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2025-07-29 10683370 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2025-07-29 10683370 2024-07-29 10683370 2025-07-29 10683370 2024-07-30 2025-07-29 10683370 frs-core:CurrentFinancialInstruments 2025-07-29 10683370 frs-core:Non-currentFinancialInstruments 2025-07-29 10683370 frs-core:FurnitureFittings 2025-07-29 10683370 frs-core:FurnitureFittings 2024-07-30 2025-07-29 10683370 frs-core:FurnitureFittings 2024-07-29 10683370 frs-core:OtherReservesSubtotal 2025-07-29 10683370 frs-core:ShareCapital 2025-07-29 10683370 frs-core:RetainedEarningsAccumulatedLosses 2025-07-29 10683370 frs-bus:PrivateLimitedCompanyLtd 2024-07-30 2025-07-29 10683370 frs-bus:FilletedAccounts 2024-07-30 2025-07-29 10683370 frs-bus:SmallEntities 2024-07-30 2025-07-29 10683370 frs-bus:AuditExempt-NoAccountantsReport 2024-07-30 2025-07-29 10683370 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-30 2025-07-29 10683370 frs-bus:Director1 2024-07-30 2025-07-29 10683370 frs-bus:Director2 2024-07-30 2025-07-29 10683370 frs-bus:Director3 2024-07-30 2025-07-29 10683370 frs-bus:Director4 2024-07-30 2025-07-29 10683370 frs-countries:EnglandWales 2024-07-30 2025-07-29 10683370 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-07-29 10683370 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-07-29 10683370 2023-07-29 10683370 2024-07-29 10683370 2023-07-30 2024-07-29 10683370 frs-core:CurrentFinancialInstruments 2024-07-29 10683370 frs-core:Non-currentFinancialInstruments 2024-07-29 10683370 frs-core:OtherReservesSubtotal 2024-07-29 10683370 frs-core:ShareCapital 2024-07-29 10683370 frs-core:RetainedEarningsAccumulatedLosses 2024-07-29
Registered number: 10683370
Farleigh Rengen (One) Limited
Unaudited Financial Statements
For The Year Ended 29 July 2025
5 Rivers Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10683370
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 406 478
Investment Properties 5 3,809,192 3,812,819
3,809,598 3,813,297
CURRENT ASSETS
Debtors 6 3,678 50
Cash at bank and in hand 1,003 846
4,681 896
Creditors: Amounts Falling Due Within One Year 7 (469,036 ) (469,618 )
NET CURRENT ASSETS (LIABILITIES) (464,355 ) (468,722 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,345,243 3,344,575
Creditors: Amounts Falling Due After More Than One Year 8 (1,994,726 ) (2,019,095 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (395,823 ) (390,432 )
NET ASSETS 954,694 935,048
CAPITAL AND RESERVES
Called up share capital 11 100 100
Other reserves 89,443 89,443
Profit and Loss Account 865,151 845,505
SHAREHOLDERS' FUNDS 954,694 935,048
Page 1
Page 2
For the year ending 29 July 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 David Steadman
Director
18/09/2026
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
Farleigh Rengen (One) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10683370 . The registered office is 4 Argyle Street, Bath, England, BA2 4BA.
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:
Fixtures & Fittings 15% Reducing balance basis
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.
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.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 30 July 2024 478
As at 29 July 2025 478
Depreciation
As at 30 July 2024 -
Provided during the period 72
As at 29 July 2025 72
Net Book Value
As at 29 July 2025 406
As at 30 July 2024 478
5. Investment Property
2025
£
Fair Value
As at 30 July 2024 3,812,819
Revaluations (3,627)
As at 29 July 2025 3,809,192
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 3,678 50
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 4,346
Bank loans and overdrafts 48,924 48,924
Amounts owed to group undertakings - 382
Amounts owed to participating interests 415,054 407,798
Other creditors 5,058 8,168
469,036 469,618
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,994,726 1,994,726
Other creditors - 24,369
1,994,726 2,019,095
9. Secured Creditors
Of the creditors the following amounts are secured.
The bank loans are secured by a fixed charge over the investment property of the company and a floating charge held against the company's assets.
2025 2024
£ £
Bank loans and overdrafts 2,043,650 2,043,650
10. Loans
An analysis of the maturity of loans is given below:
2025 2024
£ £
Amounts falling due within one year or on demand:
Bank loans 48,924 48,924
2025 2024
£ £
Amounts falling due between one and five years:
Bank loans 1,994,726 1,994,726
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
12. Related Party Disclosures
At the year end the company owed £387,760 (2024 £407,798) to a company holding a participating interest in the company. The loan was repayable on demand and no interest was charged during the year.
The amounts due to participating interests due within one year of £27,294 (2024 £24,369 due after more than one year) consists of 200,000 Redeemable Shares of £1 each, less repayments of £172,706, with the balancing figure of £nil (2024 £2,924) represented by a capital contribution of £89,443 (2024 £89,443) included within "Other reserves" less imputed interest charges to date of £89,443 (2024 £86,519).
The Redeemable Shares are accounted for on an amortised cost basis because they represent debt on which neither interest nor dividends are payable. The imputed interest is charged to the profit and loss account. The Capital Contribution will unwind on the sale of the investment property by means of a transfer of the Capital Contribution to the Profit and Loss Account.
Page 5