Acorah Software Products - Accounts Production 19.4.351 false true true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 SC372022 J Mckay L Pratt true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC372022 2025-01-31 SC372022 2026-01-31 SC372022 2025-02-01 2026-01-31 SC372022 frs-core:CurrentFinancialInstruments 2026-01-31 SC372022 frs-core:Non-currentFinancialInstruments 2026-01-31 SC372022 frs-core:SharePremium 2025-01-31 SC372022 frs-core:SharePremium 2026-01-31 SC372022 frs-core:ShareCapital 2026-01-31 SC372022 frs-core:RetainedEarningsAccumulatedLosses 2025-02-01 2026-01-31 SC372022 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-01-31 SC372022 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 SC372022 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC372022 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 SC372022 frs-bus:SmallEntities 2025-02-01 2026-01-31 SC372022 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 SC372022 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC372022 1 2025-02-01 2026-01-31 SC372022 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-31 SC372022 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2026-01-31 SC372022 frs-bus:Director1 2025-02-01 2026-01-31 SC372022 frs-countries:Scotland 2025-02-01 2026-01-31 SC372022 2024-01-31 SC372022 2025-01-31 SC372022 2024-02-01 2025-01-31 SC372022 frs-core:CurrentFinancialInstruments 2025-01-31 SC372022 frs-core:Non-currentFinancialInstruments 2025-01-31 SC372022 frs-core:SharePremium 2025-01-31 SC372022 frs-core:ShareCapital 2025-01-31 SC372022 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC372022 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-31
Registered number: SC372022
Culter Properties Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director J Mckay
Company Number SC372022
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC372022
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 286,210 275,262
286,210 275,262
CURRENT ASSETS
Debtors 5 417,834 403,784
Cash at bank and in hand 586 7,357
418,420 411,141
Creditors: Amounts Falling Due Within One Year 6 (628,441 ) (80,451 )
NET CURRENT ASSETS (LIABILITIES) (210,021 ) 330,690
TOTAL ASSETS LESS CURRENT LIABILITIES 76,189 605,952
Creditors: Amounts Falling Due After More Than One Year 7 (214,950 ) (725,425 )
NET LIABILITIES (138,761 ) (119,473 )
CAPITAL AND RESERVES
Called up share capital 8 514,854 514,854
Share premium account 2,496,561 2,496,561
Fair value reserve 9 (83,790 ) (83,790 )
Profit and Loss Account (3,066,386 ) (3,047,098 )
SHAREHOLDERS' FUNDS (138,761) (119,473)
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Page 3
For the year ending 31 January 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
J Mckay
Director
28th October 2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Culter Properties Limited is a private company, limited by shares, incorporated in Scotland, registered number SC372022 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the director and
shareholders will continue to financially support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.4. Investment Properties
All investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was NIL (2025: NIL)
- -
Page 4
Page 5
4. Investment Property
2026
£
Fair Value
As at 1 February 2025 275,262
Additions 10,948
As at 31 January 2026 286,210
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 936
Other debtors 417,834 402,848
417,834 403,784
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 16,463 11,252
Bank loans and overdrafts 20,183 67,429
Amounts owed to participating interests 579,260 -
Other creditors 12,535 1,750
Taxation and social security - 20
628,441 80,451
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 214,950 725,425
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 514,854 514,854
9. Reserves
Share Premium Fair value reserve Profit and Loss Account
£ £ £
As at 1 February 2025 2,496,561 (83,790 ) (3,047,098 )
Loss for the year and total comprehensive income - - (19,288 )
As at 31 January 2026 2,496,561 (83,790 ) (3,066,386 )
Page 5
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10. Ultimate Controlling Party
The company's controlling party is L Pratt .
Page 6