Acorah Software Products - Accounts Production 19.3.600 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 12237509 S Black S Black iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12237509 2024-10-31 12237509 2025-10-31 12237509 2024-11-01 2025-10-31 12237509 frs-core:Non-currentFinancialInstruments 2025-10-31 12237509 frs-core:FurnitureFittings 2025-10-31 12237509 frs-core:FurnitureFittings 2024-11-01 2025-10-31 12237509 frs-core:FurnitureFittings 2024-10-31 12237509 frs-core:ShareCapital 2025-10-31 12237509 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 12237509 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 12237509 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 12237509 frs-bus:SmallEntities 2024-11-01 2025-10-31 12237509 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 12237509 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 12237509 frs-bus:OrdinaryShareClass1 2024-11-01 2025-10-31 12237509 frs-bus:OrdinaryShareClass1 2025-10-31 12237509 frs-core:DeferredTaxation 2024-11-01 2025-10-31 12237509 frs-core:DeferredTaxation 2024-10-31 12237509 frs-core:DeferredTaxation 2025-10-31 12237509 frs-bus:Director1 2024-11-01 2025-10-31 12237509 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 12237509 frs-countries:EnglandWales 2024-11-01 2025-10-31 12237509 2023-10-31 12237509 2024-10-31 12237509 2023-11-01 2024-10-31 12237509 frs-core:Non-currentFinancialInstruments 2024-10-31 12237509 frs-core:ShareCapital 2024-10-31 12237509 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12237509 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31
Registered number: 12237509
Black Portfolio Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12237509
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 633 844
Investment Properties 5 177,905 177,905
178,538 178,749
CURRENT ASSETS
Debtors 6 2,779 2,269
Cash at bank and in hand 20 1,200
2,799 3,469
Creditors: Amounts Falling Due Within One Year 7 (56,485 ) (57,558 )
NET CURRENT ASSETS (LIABILITIES) (53,686 ) (54,089 )
TOTAL ASSETS LESS CURRENT LIABILITIES 124,852 124,660
Creditors: Amounts Falling Due After More Than One Year 8 (128,495 ) (128,495 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (120 ) (160 )
NET LIABILITIES (3,763 ) (3,995 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (3,764 ) (3,996 )
SHAREHOLDERS' FUNDS (3,763) (3,995)
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
S Black
Director
6 October 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
Black Portfolio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12237509 . The registered office is 80 Grove Hill Road, Tunbridge Wells, Kent, TN1 1ST.
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 represents rents receivable on investment properties for the accounting period.
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 25% on reducing balance
2.4. 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.
2.5. 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.
3. Average Number of Employees
Average number of employees, including the director, during the year was: 1 (2024: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2024 844
As at 31 October 2025 844
Depreciation
As at 1 November 2024 -
Provided during the period 211
As at 31 October 2025 211
Net Book Value
As at 31 October 2025 633
As at 1 November 2024 844
5. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 177,905
The property was purchased in January 2022 and has not been revalued at the year end of October 2025. The director does not believe the market value would have changed in this period.
6. Debtors
2025 2024
£ £
Due within one year
Amounts owed by group undertakings 395 245
Other debtors 2,384 2,024
2,779 2,269
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 56,485 57,558
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 128,495 128,495
The mortgage is secured by a fixed and floating charge over the assets in the company including the investment property.
Page 4
Page 5
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 November 2024 160 160
Deferred taxation (40 ) (40 )
Balance at 31 October 2025 120 120
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
11. Related Party Transactions
At the beginning of the period there was an amount of £245 owed to CBT in Partnership Ltd, a company that S Black is also a director of. At the end of the period there was an amount of £395 owed by CBT in Partnership Ltd.
Page 5