Acorah Software Products - Accounts Production 19.4.351 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 11837536 Mr Mark Davies iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11837536 2025-02-28 11837536 2026-02-28 11837536 2025-03-01 2026-02-28 11837536 frs-core:CurrentFinancialInstruments 2026-02-28 11837536 frs-core:Non-currentFinancialInstruments 2026-02-28 11837536 frs-core:FurnitureFittings 2026-02-28 11837536 frs-core:FurnitureFittings 2025-03-01 2026-02-28 11837536 frs-core:FurnitureFittings 2025-02-28 11837536 frs-core:ShareCapital 2026-02-28 11837536 frs-core:RetainedEarningsAccumulatedLosses 2025-03-01 2026-02-28 11837536 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-02-28 11837536 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 11837536 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 11837536 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 11837536 frs-bus:SmallEntities 2025-03-01 2026-02-28 11837536 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 11837536 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 11837536 frs-bus:OrdinaryShareClass1 2025-03-01 2026-02-28 11837536 frs-bus:OrdinaryShareClass1 2026-02-28 11837536 frs-bus:OrdinaryShareClass2 2025-03-01 2026-02-28 11837536 frs-bus:OrdinaryShareClass2 2026-02-28 11837536 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-02-28 11837536 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2026-02-28 11837536 frs-bus:Director1 2025-03-01 2026-02-28 11837536 frs-countries:EnglandWales 2025-03-01 2026-02-28 11837536 2024-02-29 11837536 2025-02-28 11837536 2024-03-01 2025-02-28 11837536 frs-core:CurrentFinancialInstruments 2025-02-28 11837536 frs-core:Non-currentFinancialInstruments 2025-02-28 11837536 frs-core:ShareCapital 2025-02-28 11837536 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11837536 frs-bus:OrdinaryShareClass1 2024-03-01 2025-02-28 11837536 frs-bus:OrdinaryShareClass2 2024-03-01 2025-02-28 11837536 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-02-28
Registered number: 11837536
AD Davies Property Limited
Financial Statements
For The Year Ended 28 February 2026
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11837536
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 230,000 230,000
230,000 230,000
CURRENT ASSETS
Debtors 6 188 -
Cash at bank and in hand 640 2,151
828 2,151
Creditors: Amounts Falling Due Within One Year 7 (82,740 ) (72,388 )
NET CURRENT ASSETS (LIABILITIES) (81,912 ) (70,237 )
TOTAL ASSETS LESS CURRENT LIABILITIES 148,088 159,763
Creditors: Amounts Falling Due After More Than One Year 8 (133,136 ) (133,136 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,502 ) (12,502 )
NET ASSETS 2,450 14,125
CAPITAL AND RESERVES
Called up share capital 10 200 200
Fair value reserve 11 37,505 37,505
Profit and Loss Account (35,255 ) (23,580 )
SHAREHOLDERS' FUNDS 2,450 14,125
Page 1
Page 2
For the year ending 28 February 2026 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 his 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 Mark Davies
Director
7th 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
AD Davies Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11837536 . The registered office is c/o Fruition Accountancy Ltd, Unit 4, Three Spires House, Station Road, Lichfield, WS13 6HX. The principal place of business is 37 Coltman Close, Lichfield, WS14 9YS.
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 rental of properties.
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 20% straight line
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
Corporation 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 1 (2025: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 March 2025 4,884
As at 28 February 2026 4,884
Depreciation
As at 1 March 2025 4,884
As at 28 February 2026 4,884
Net Book Value
As at 28 February 2026 -
As at 1 March 2025 -
5. Investment Property
2026
£
Fair Value
As at 1 March 2025 and 28 February 2026 230,000
6. Debtors
2026 2025
£ £
Due within one year
Other taxes and social security 188 -
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 1,422 -
Other creditors 81,318 72,388
82,740 72,388
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 133,136 133,136
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured. The loans are secured on the properties to which they relate.
2026 2025
£ £
Bank loans and overdrafts 133,136 133,136
10. Share Capital
2026 2025
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
100 Ordinary A shares of £ 1.00 each 100 100
200 200
11. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 March 2025 37,505 (23,580 )
Loss for the year and total comprehensive income - (11,675 )
As at 28 February 2026 37,505 (35,255 )
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