Acorah Software Products - Accounts Production 19.3.600 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 00832694 Mr Ronald Nash Miss Samantha Nash iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00832694 2025-03-31 00832694 2026-03-31 00832694 2025-04-01 2026-03-31 00832694 frs-core:CurrentFinancialInstruments 2026-03-31 00832694 frs-core:ComputerEquipment 2026-03-31 00832694 frs-core:ComputerEquipment 2025-04-01 2026-03-31 00832694 frs-core:ComputerEquipment 2025-03-31 00832694 frs-core:FurnitureFittings 2026-03-31 00832694 frs-core:FurnitureFittings 2025-04-01 2026-03-31 00832694 frs-core:FurnitureFittings 2025-03-31 00832694 frs-core:MotorVehicles 2025-04-01 2026-03-31 00832694 frs-core:PlantMachinery 2026-03-31 00832694 frs-core:PlantMachinery 2025-04-01 2026-03-31 00832694 frs-core:PlantMachinery 2025-03-31 00832694 frs-core:RevaluationReserve 2025-04-01 2026-03-31 00832694 frs-core:RevaluationReserve 2025-03-31 00832694 frs-core:RevaluationReserve 2026-03-31 00832694 frs-core:ShareCapital 2026-03-31 00832694 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 00832694 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-03-31 00832694 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 00832694 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 00832694 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 00832694 frs-bus:SmallEntities 2025-04-01 2026-03-31 00832694 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 00832694 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 00832694 frs-bus:Director1 2025-04-01 2026-03-31 00832694 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 00832694 frs-countries:EnglandWales 2025-04-01 2026-03-31 00832694 2024-03-31 00832694 2025-03-31 00832694 2024-04-01 2025-03-31 00832694 frs-core:CurrentFinancialInstruments 2025-03-31 00832694 frs-core:RevaluationReserve 2025-03-31 00832694 frs-core:ShareCapital 2025-03-31 00832694 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 00832694
Feabrex Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 00832694
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,032 3,568
Investment Properties 5 27,000,000 13,308,119
27,003,032 13,311,687
CURRENT ASSETS
Debtors 6 564,323 571,161
Investments 7 14,852,211 11,549,319
Cash at bank and in hand 497,509 877,515
15,914,043 12,997,995
Creditors: Amounts Falling Due Within One Year 8 (117,986 ) 360,522
NET CURRENT ASSETS (LIABILITIES) 15,796,057 13,358,517
TOTAL ASSETS LESS CURRENT LIABILITIES 42,799,089 26,670,204
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,415,266 ) (1,615,822 )
NET ASSETS 37,383,823 25,054,382
CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Revaluation reserve 10 21,247,103 6,459,720
Profit and Loss Account 16,086,720 18,544,662
SHAREHOLDERS' FUNDS 37,383,823 25,054,382
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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 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 Ronald Nash
Director
21/10/2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Feabrex Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00832694 . The registered office is Albion Engineering Works (South), Albion Parade, Gravesned, Kent, DA12 2RN.
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.
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:
Plant & Machinery 15% on reducing basis
Motor Vehicles 15% on reducing basis
Fixtures & Fittings 15% on reducing basis
Computer Equipment 15% on reducing 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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other 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.
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: 5 (2025: 5)
5 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2025 40,181 9,102 110 49,393
As at 31 March 2026 40,181 9,102 110 49,393
Depreciation
As at 1 April 2025 36,772 9,010 43 45,825
Provided during the period 512 14 10 536
As at 31 March 2026 37,284 9,024 53 46,361
Net Book Value
As at 31 March 2026 2,897 78 57 3,032
As at 1 April 2025 3,409 92 67 3,568
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5. Investment Property
2026
£
Fair Value
As at 1 April 2025 13,308,119
Revaluations 13,691,881
As at 31 March 2026 27,000,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 552,746 549,130
Prepayments and accrued income 11,577 8,689
Other debtors - 13,342
564,323 571,161
7. Current Asset Investments
2026 2025
£ £
Listed investments 14,852,211 11,549,319
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors (675 ) 13,532
Corporation tax (368,513 ) (875,903 )
Other taxes and social security - 3,002
VAT 102,370 125,981
Other creditors 63,550 48,692
Accruals and deferred income 320,257 313,242
Director's loan account 997 10,932
117,986 (360,522 )
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 50,000 50,000
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10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 April 2025 6,459,720 18,544,662
Profit for the year and total comprehensive income - 12,374,441
Dividends paid - (45,000)
Transfer from revaluation reserve - (14,787,383)
Transfer to/from Profit & Loss Account 14,787,383 -
As at 31 March 2026 21,247,103 16,086,720
11. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr R Nash totalling £997 (2025 - £10,932), no interest is to be charged.
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