Acorah Software Products - Accounts Production 19.4.351 false true 30 January 2024 19 January 2023 false true true 19 October 2026 31 January 2024 30 January 2025 30 January 2025 14605470 Mr Craig Llewellyn Mr Lewis Craig Niven-Llewellyn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14605470 2024-01-30 14605470 2025-01-30 14605470 2024-01-31 2025-01-30 14605470 frs-core:Non-currentFinancialInstruments 2025-01-30 14605470 frs-core:ShareCapital 2025-01-30 14605470 frs-core:RetainedEarningsAccumulatedLosses 2025-01-30 14605470 frs-bus:PrivateLimitedCompanyLtd 2024-01-31 2025-01-30 14605470 frs-bus:FilletedAccounts 2024-01-31 2025-01-30 14605470 frs-bus:SmallEntities 2024-01-31 2025-01-30 14605470 frs-bus:AuditExempt-NoAccountantsReport 2024-01-31 2025-01-30 14605470 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-31 2025-01-30 14605470 frs-bus:Director1 2024-01-31 2025-01-30 14605470 frs-bus:Director2 2024-01-31 2025-01-30 14605470 frs-countries:EnglandWales 2024-01-31 2025-01-30 14605470 2023-01-18 14605470 2024-01-30 14605470 2023-01-19 2024-01-30 14605470 frs-core:Non-currentFinancialInstruments 2024-01-30 14605470 frs-core:ShareCapital 2024-01-30 14605470 frs-core:RetainedEarningsAccumulatedLosses 2024-01-30
Registered number: 14605470
CYRIS PROPERTY MANAGEMENT LTD
REVISED
Unaudited Financial Statements
For The Year Ended 30 January 2025
ZP Accountants and Business Advisers Ltd
International House, 307 Cotton Exchange
Old Hall Street
Liverpool
L3 9LQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14605470
30 January 2025 30 January 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 327,172 113,401
327,172 113,401
CURRENT ASSETS
Debtors 6 2,897 290
Cash at bank and in hand 1,247 799
4,144 1,089
Creditors: Amounts Falling Due Within One Year 7 (63,559 ) (55,848 )
NET CURRENT ASSETS (LIABILITIES) (59,415 ) (54,759 )
TOTAL ASSETS LESS CURRENT LIABILITIES 267,757 58,642
Creditors: Amounts Falling Due After More Than One Year 8 (247,238 ) (66,461 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,774 ) -
NET ASSETS/(LIABILITIES) 4,745 (7,819 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 4,744 (7,820 )
SHAREHOLDERS' FUNDS 4,745 (7,819)
Page 1
Page 2
For the year ending 30 January 2025 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 Craig Llewellyn
Director
Mr Lewis Craig Niven-Llewellyn
Director
19th 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. Revision by Replacement
The financial statements for the year ended 30 January 2025 have been revised.
These financial statements:
The original financial statements contained errors relating to the recognition and classification of investment property, associated bank borrowings, loan balances and related costs, resulting in material misstatements within the financial statements.
The financial statements have been revised to correct the recognition and classification of investment property, associated bank borrowings, director's loan balances and related costs. The corresponding balance sheet and profit and loss account figures have been amended accordingly.
2. General Information
CYRIS PROPERTY MANAGEMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14605470 . The registered office is 1 Avon Street, Glynneath, Neath, Wales, , SA11 5EY.
3. Accounting Policies
3.1. 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.
3.2. 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 rents and services.
3.3. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recorded at cost,
which includes purchase price and any directly attributable expenditure.
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in
the profit and loss account.
3.4. 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.
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Page 4
4. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
5. Investment Property
30 January 2025
£
Fair Value
As at 31 January 2024 113,401
Additions 147,172
Revaluations 66,599
As at 30 January 2025 327,172
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
30 January 2025 30 January 2024
£ £
Cost 260,573 113,401
6. Debtors
30 January 2025 30 January 2024
£ £
Due within one year
Other debtors 2,897 290
7. Creditors: Amounts Falling Due Within One Year
30 January 2025 30 January 2024
£ £
Other creditors 63,559 55,848
8. Creditors: Amounts Falling Due After More Than One Year
30 January 2025 30 January 2024
£ £
Bank loans 247,238 66,461
9. Share Capital
30 January 2025 30 January 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4