Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 11243287 H L Swainsbury iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11243287 2025-03-31 11243287 2026-03-31 11243287 2025-04-01 2026-03-31 11243287 frs-core:CurrentFinancialInstruments 2026-03-31 11243287 frs-core:Non-currentFinancialInstruments 2026-03-31 11243287 frs-core:RevaluationReserve 2026-03-31 11243287 frs-core:ShareCapital 2026-03-31 11243287 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 11243287 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11243287 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 11243287 frs-bus:SmallEntities 2025-04-01 2026-03-31 11243287 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 11243287 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 11243287 frs-bus:Director1 2025-04-01 2026-03-31 11243287 frs-countries:EnglandWales 2025-04-01 2026-03-31 11243287 2024-03-31 11243287 2025-03-31 11243287 2024-04-01 2025-03-31 11243287 frs-core:CurrentFinancialInstruments 2025-03-31 11243287 frs-core:Non-currentFinancialInstruments 2025-03-31 11243287 frs-core:RevaluationReserve 2025-03-31 11243287 frs-core:ShareCapital 2025-03-31 11243287 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 11243287
Hayles Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11243287
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 720,000 832,506
720,000 832,506
CURRENT ASSETS
Debtors 5 22,853 914
Cash at bank and in hand 3,901 1,795
26,754 2,709
Creditors: Amounts Falling Due Within One Year 6 (186,336 ) (188,375 )
NET CURRENT ASSETS (LIABILITIES) (159,582 ) (185,666 )
TOTAL ASSETS LESS CURRENT LIABILITIES 560,418 646,840
Creditors: Amounts Falling Due After More Than One Year 7 (451,175 ) (470,730 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,609 ) (34,822 )
NET ASSETS 84,634 141,288
CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 129,519 183,274
Profit and Loss Account (44,886 ) (41,987 )
SHAREHOLDERS' FUNDS 84,634 141,288
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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 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
H L Swainsbury
Director
21st October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Hayles Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11243287 . The registered office is Concept Business Centre, Kettlestring Lane, York, YO30 4XF.
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. 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.
2.4. 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 directors, during the year was: 1 (2025: 1)
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4. Investment Property
2026
£
Fair Value
As at 1 April 2025 832,506
Additions 58,681
Disposals (140,000 )
Revaluations (31,187)
As at 31 March 2026 720,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 590,481 649,232
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 21,886 914
Other debtors 967 -
22,853 914
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 540 1,600
Bank loans and overdrafts 5,788 755
Other creditors 180,008 186,020
186,336 188,375
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 451,175 3,961
Mortgages - 466,769
451,175 470,730
A charge was created on 22 February 2019, held by The Mortgage Works (UK) plc. It is a fixed charge which covers the property at 42 Kitchener Street, York.
A charge was created on 20 September 2019, held by Aldermore Bank plc. It is a fixed charge which covers the property at 1,2 Nunmill Street, York.
A charge was created on 13 January 2023, held by Shawbrook Bank ltd. It is a fixed charge which covers the property at 8 Prospect Place, Norton.
A charge was created on 13 January 2023, held by Shawbrook Bank ltd. It is a fixed charge which covers the property at 34 Brabourn Gardens, Middlesbrough.
...CONTINUED
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7. Creditors: Amounts Falling Due After More Than One Year - continued
A charge was created on 14 July 2023, held by Shawbrook Bank ltd. It is a fixed charge which covers the property at 113 Victoria Road, Middlesborough.
A charge was created on 27 November 2023, held by Aldermore Bank plc. It is a fixed charge which covers the property at 57 Errington Street, Brotton.
8. Related Party Transactions
During the period, the company entered into transactions with key management personnel. At the balance sheet date, the company owed £180,007 (2025 - £185,300) to members of key management. This balance is repayable on demand and presented within creditors due within one year. There is no interest accruing on this balance.
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