Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 NI633431 B J Eastwood E Donnelly B J Eastwood Wirefox Holding Company true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI633431 2022-12-31 NI633431 2023-12-31 NI633431 2023-01-01 2023-12-31 NI633431 frs-core:CurrentFinancialInstruments 2023-12-31 NI633431 frs-core:ComputerEquipment 2023-01-01 2023-12-31 NI633431 frs-core:ShareCapital 2023-12-31 NI633431 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI633431 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI633431 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 NI633431 frs-bus:SmallEntities 2023-01-01 2023-12-31 NI633431 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 NI633431 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI633431 1 2023-01-01 2023-12-31 NI633431 frs-core:CostValuation 2022-12-31 NI633431 frs-core:AdditionsToInvestments 2023-12-31 NI633431 frs-core:CostValuation 2023-12-31 NI633431 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 NI633431 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 NI633431 frs-bus:Director1 2023-01-01 2023-12-31 NI633431 frs-bus:Director2 2023-01-01 2023-12-31 NI633431 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 NI633431 1 2023-01-01 2023-12-31 NI633431 frs-countries:NorthernIreland 2023-01-01 2023-12-31 NI633431 2021-12-31 NI633431 2022-12-31 NI633431 2022-01-01 2022-12-31 NI633431 frs-core:CurrentFinancialInstruments 2022-12-31 NI633431 frs-core:ShareCapital 2022-12-31 NI633431 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI633431 1 2022-01-01 2022-12-31
Registered number: NI633431
Longbridge House Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI633431
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 5,261,015 -
5,261,015 -
CURRENT ASSETS
Debtors 5 177,000 78,068
Cash at bank and in hand 420 1,893
177,420 79,961
Creditors: Amounts Falling Due Within One Year 6 (5,368,765 ) (10,750 )
NET CURRENT ASSETS (LIABILITIES) (5,191,345 ) 69,211
TOTAL ASSETS LESS CURRENT LIABILITIES 69,670 69,211
NET ASSETS 69,670 69,211
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account 69,667 69,208
SHAREHOLDERS' FUNDS 69,670 69,211
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For the year ending 31 December 2023 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
B J Eastwood
Director
25/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Longbridge House Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI633431 . The registered office is 2 Downshire Road, Holywood, BT18 9LU.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
Rental of investment property

Revenue from a contract to lease the property is recognised in the period in which the property is occupied. Any rent-free periods included within the lease agreement are spread across the useful life of the lease, when all the following conditions are met:

• the amount of revenue can be measured reliably; and
• it is probably that the Company will receive the consideration due under contract.

2.4. 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:
Computer Equipment 5 years
2.5. 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.
2.6. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.7. Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.8. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Directors 2 2
2 2
4. Investments
Subsidiaries
£
Cost
As at 1 January 2023 -
Additions 5,261,015
As at 31 December 2023 5,261,015
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 5,261,015
As at 1 January 2023 -
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 23,705
Prepayments and accrued income - 4,217
Other debtors - 18,137
Other taxes and social security - 32,009
Amounts owed by group undertakings 177,000 -
177,000 78,068
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 10,750 10,750
Amounts owed to group undertakings 5,358,015 -
5,368,765 10,750
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 3 3
8. Reserves
The profit and loss account represents cumulative profits and losses net of dividends and other adjustments.
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9. Related Party Transactions
The company is exempt from the requirements to disclose transactions with 100% group members in accordance with FRS 102.
10. Ultimate Controlling Party
The company's ultimate controlling party is Wirefox Holding Company by virtue of his ownership of 100% of the issued share capital in the company.
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