Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 May 2024 false 1 April 2025 31 March 2026 31 March 2026 13357048 Mr Lee Buckingham Mr Adrian Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13357048 2025-03-31 13357048 2026-03-31 13357048 2025-04-01 2026-03-31 13357048 frs-core:CurrentFinancialInstruments 2026-03-31 13357048 frs-core:Non-currentFinancialInstruments 2026-03-31 13357048 frs-core:InvestmentPropertyIncludedWithinPPE 2026-03-31 13357048 frs-core:InvestmentPropertyIncludedWithinPPE 2025-04-01 2026-03-31 13357048 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 13357048 frs-core:ShareCapital 2026-03-31 13357048 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 13357048 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13357048 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 13357048 frs-bus:SmallEntities 2025-04-01 2026-03-31 13357048 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13357048 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13357048 frs-bus:Director1 2025-04-01 2026-03-31 13357048 frs-bus:Director2 2025-04-01 2026-03-31 13357048 frs-countries:EnglandWales 2025-04-01 2026-03-31 13357048 2024-04-30 13357048 2025-03-31 13357048 2024-05-01 2025-03-31 13357048 frs-core:CurrentFinancialInstruments 2025-03-31 13357048 frs-core:Non-currentFinancialInstruments 2025-03-31 13357048 frs-core:ShareCapital 2025-03-31 13357048 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 13357048
Lee & Lee Properties Ltd
Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13357048
31 March 2026 31 March 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 500,713 593,113
500,713 593,113
CURRENT ASSETS
Cash at bank and in hand 1,239 2,467
1,239 2,467
Creditors: Amounts Falling Due Within One Year 5 (8,694 ) (151,610 )
NET CURRENT ASSETS (LIABILITIES) (7,455 ) (149,143 )
TOTAL ASSETS LESS CURRENT LIABILITIES 493,258 443,970
Creditors: Amounts Falling Due After More Than One Year 6 (534,354 ) (473,168 )
NET LIABILITIES (41,096 ) (29,198 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (41,196 ) (29,298 )
SHAREHOLDERS' FUNDS (41,096) (29,198)
Page 1
Page 2
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 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 Adrian Lee
Director
8th October 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lee & Lee Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13357048 . The registered office is 17 Higher Warborough Road, Galmpton, Brixham, Devon, TQ5 0PF.
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:
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 April 2025 593,113
Disposals (92,400 )
As at 31 March 2026 500,713
Net Book Value
As at 31 March 2026 500,713
As at 1 April 2025 593,113
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5. Creditors: Amounts Falling Due Within One Year
31 March 2026 31 March 2025
£ £
Trade creditors - 144,900
Accruals and deferred income 900 900
Directors' loan accounts 7,794 5,810
8,694 151,610
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2026 31 March 2025
£ £
Lee and Lee Extensions & Conversions Ltd Loan 534,354 473,168
7. Share Capital
31 March 2026 31 March 2025
£ £
Allotted, Called up and fully paid 100 100
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