Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 NI667847 Mr Patrick Macmahon Mr Conor O'Brien iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI667847 2023-03-31 NI667847 2024-03-31 NI667847 2023-04-01 2024-03-31 NI667847 frs-core:CurrentFinancialInstruments 2024-03-31 NI667847 frs-core:Non-currentFinancialInstruments 2024-03-31 NI667847 frs-core:FurnitureFittings 2023-04-01 2024-03-31 NI667847 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 NI667847 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 NI667847 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 NI667847 frs-core:MotorVehicles 2023-04-01 2024-03-31 NI667847 frs-core:PlantMachinery 2023-04-01 2024-03-31 NI667847 frs-core:ShareCapital 2024-03-31 NI667847 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI667847 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 NI667847 frs-bus:SmallEntities 2023-04-01 2024-03-31 NI667847 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI667847 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI667847 frs-bus:Director1 2023-04-01 2024-03-31 NI667847 frs-bus:Director2 2023-04-01 2024-03-31 NI667847 frs-countries:NorthernIreland 2023-04-01 2024-03-31 NI667847 2022-03-31 NI667847 2023-03-31 NI667847 2022-04-01 2023-03-31 NI667847 frs-core:CurrentFinancialInstruments 2023-03-31 NI667847 frs-core:Non-currentFinancialInstruments 2023-03-31 NI667847 frs-core:ShareCapital 2023-03-31
Registered number: NI667847
OBMAC Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
CJP Chartered Accountants
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Saintfield Accountancy Services
23/12/2024
CJP Chartered Accountants
76A Main Street
Saintfield
Down
BT24 7AB
Page 1
Page 2
Balance Sheet
Registered number: NI667847
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,446,164 971,870
1,446,164 971,870
CURRENT ASSETS
Debtors 5 10,714 100
Cash at bank and in hand 89,503 -
100,217 100
Creditors: Amounts Falling Due Within One Year 6 (558,024 ) (323,830 )
NET CURRENT ASSETS (LIABILITIES) (457,807 ) (323,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES 988,357 648,140
Creditors: Amounts Falling Due After More Than One Year 7 (988,257 ) (648,040 )
NET ASSETS 100 100
CAPITAL AND RESERVES
Called up share capital 8 100 100
SHAREHOLDERS' FUNDS 100 100
Page 2
Page 3
For the year ending 31 March 2024 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 Patrick Macmahon
Director
Mr Conor O'Brien
Director
23/12/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
OBMAC Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI667847 . The registered office is 91 University Street, Belfast, BT7 1HP.
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. 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:
Freehold 0%
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: )
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 971,870
Additions 474,294
As at 31 March 2024 1,446,164
Net Book Value
As at 31 March 2024 1,446,164
As at 1 April 2023 971,870
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 10,714 100
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 558,024 323,830
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 988,257 648,040
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
Page 5