Acorah Software Products - Accounts Production 19.4.351 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 SC063957 Ms Vivienne Harper Paul Harper iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC063957 2025-01-31 SC063957 2026-01-31 SC063957 2025-02-01 2026-01-31 SC063957 frs-core:CurrentFinancialInstruments 2026-01-31 SC063957 frs-core:Non-currentFinancialInstruments 2026-01-31 SC063957 frs-core:ComputerEquipment 2026-01-31 SC063957 frs-core:ComputerEquipment 2025-02-01 2026-01-31 SC063957 frs-core:ComputerEquipment 2025-01-31 SC063957 frs-core:FurnitureFittings 2026-01-31 SC063957 frs-core:FurnitureFittings 2025-02-01 2026-01-31 SC063957 frs-core:FurnitureFittings 2025-01-31 SC063957 frs-core:RevaluationReserve 2025-02-01 2026-01-31 SC063957 frs-core:RevaluationReserve 2025-01-31 SC063957 frs-core:RevaluationReserve 2026-01-31 SC063957 frs-core:ShareCapital 2026-01-31 SC063957 frs-core:RetainedEarningsAccumulatedLosses 2025-02-01 2026-01-31 SC063957 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-01-31 SC063957 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 SC063957 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC063957 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 SC063957 frs-bus:SmallEntities 2025-02-01 2026-01-31 SC063957 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 SC063957 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC063957 frs-bus:Director1 2025-02-01 2026-01-31 SC063957 frs-bus:Director2 2025-02-01 2026-01-31 SC063957 frs-countries:Scotland 2025-02-01 2026-01-31 SC063957 2024-01-31 SC063957 2025-01-31 SC063957 2024-02-01 2025-01-31 SC063957 frs-core:CurrentFinancialInstruments 2025-01-31 SC063957 frs-core:Non-currentFinancialInstruments 2025-01-31 SC063957 frs-core:RevaluationReserve 2025-01-31 SC063957 frs-core:ShareCapital 2025-01-31 SC063957 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: SC063957
ANGUSFIELD PROPERTY COMPANY LIMITED
Financial Statements
For The Year Ended 31 January 2026
MacDonald Accountancy
11 Margaret Street
Stonehaven
AB39 2AY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC063957
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,622 15,492
Investment Properties 5 3,561,000 4,451,000
3,572,622 4,466,492
CURRENT ASSETS
Debtors 6 340,813 239,768
Cash at bank and in hand 7,939 2,258
348,752 242,026
Creditors: Amounts Falling Due Within One Year 7 (500,720 ) (475,525 )
NET CURRENT ASSETS (LIABILITIES) (151,968 ) (233,499 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,420,654 4,232,993
Creditors: Amounts Falling Due After More Than One Year 8 (1,429,133 ) (2,099,522 )
NET ASSETS 1,991,521 2,133,471
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 696,527 1,101,777
Profit and Loss Account 1,294,894 1,031,594
SHAREHOLDERS' FUNDS 1,991,521 2,133,471
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Page 2
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 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
Paul Harper
Director
25/03/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
ANGUSFIELD PROPERTY COMPANY LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC063957 . The registered office is 17 North Anderson Drive, Aberdeen, AB15 6DZ.
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:
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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: 1 (2025: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2025 55,634 1,897 57,531
As at 31 January 2026 55,634 1,897 57,531
Depreciation
As at 1 February 2025 41,054 985 42,039
Provided during the period 3,645 225 3,870
As at 31 January 2026 44,699 1,210 45,909
Net Book Value
As at 31 January 2026 10,935 687 11,622
As at 1 February 2025 14,580 912 15,492
5. Investment Property
2026
£
Fair Value
As at 1 February 2025 4,451,000
Disposals (890,000 )
As at 31 January 2026 3,561,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 7,006 1,704
Other debtors 333,807 238,064
340,813 239,768
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 5,140 7,341
Other creditors 494,619 461,664
Taxation and social security 961 6,520
500,720 475,525
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 1,429,133 2,099,522
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 February 2025 1,101,777 1,031,594
Profit for year - 263,300
Net investment property revaluation reserve (405,250 ) -
Other comprehensive income for the year (405,250 ) -
Total comprehensive income for the year (405,250) 263,300
As at 31 January 2026 696,527 1,294,894
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