Acorah Software Products - Accounts Production 16.1.300 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 NI640872 Mrs Irene Breen Mr Conor Breen Ms Deirdre Terrins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI640872 2023-09-30 NI640872 2024-09-30 NI640872 2023-10-01 2024-09-30 NI640872 frs-core:CurrentFinancialInstruments 2024-09-30 NI640872 frs-core:Non-currentFinancialInstruments 2024-09-30 NI640872 frs-core:ComputerEquipment 2024-09-30 NI640872 frs-core:ComputerEquipment 2023-10-01 2024-09-30 NI640872 frs-core:ComputerEquipment 2023-09-30 NI640872 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-09-30 NI640872 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-01 2024-09-30 NI640872 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 NI640872 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-01 2024-09-30 NI640872 frs-core:SharePremium 2024-09-30 NI640872 frs-core:ShareCapital 2024-09-30 NI640872 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI640872 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 NI640872 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 NI640872 frs-bus:SmallEntities 2023-10-01 2024-09-30 NI640872 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 NI640872 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 NI640872 frs-bus:Director1 2023-10-01 2024-09-30 NI640872 frs-bus:Director1 2023-09-30 NI640872 frs-bus:Director1 2024-09-30 NI640872 frs-bus:Director2 2023-10-01 2024-09-30 NI640872 frs-bus:Director3 2023-10-01 2024-09-30 NI640872 frs-bus:Director3 2023-09-30 NI640872 frs-bus:Director3 2024-09-30 NI640872 frs-countries:NorthernIreland 2023-10-01 2024-09-30 NI640872 2022-09-30 NI640872 2023-09-30 NI640872 2022-10-01 2023-09-30 NI640872 frs-core:CurrentFinancialInstruments 2023-09-30 NI640872 frs-core:Non-currentFinancialInstruments 2023-09-30 NI640872 frs-core:SharePremium 2023-09-30 NI640872 frs-core:ShareCapital 2023-09-30 NI640872 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: NI640872
Bellamoon Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI640872
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 37,156 33,164
Tangible Assets 5 308 -
37,464 33,164
CURRENT ASSETS
Stocks 6 49,916 71,966
Debtors 7 62,212 62,523
Cash at bank and in hand 110,369 62,255
222,497 196,744
Creditors: Amounts Falling Due Within One Year 8 (93,321 ) (131,894 )
NET CURRENT ASSETS (LIABILITIES) 129,176 64,850
TOTAL ASSETS LESS CURRENT LIABILITIES 166,640 98,014
Creditors: Amounts Falling Due After More Than One Year 9 (155,523 ) (76,763 )
NET ASSETS 11,117 21,251
CAPITAL AND RESERVES
Called up share capital 10 317 317
Share premium account 249,883 249,883
Profit and Loss Account (239,083 ) (228,949 )
SHAREHOLDERS' FUNDS 11,117 21,251
Page 1
Page 2
For the year ending 30 September 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
Mrs Irene Breen
Director
12th March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bellamoon Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI640872 . The registered office is 41 Ballynahinch Road, Saintfield, Ballynahinch, Co. Down, BT24 7ND.
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. 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.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets consist of patents. They are amortised to the profit and loss account over 20 years.
2.5. 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 3 years
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 October 2023 38,816
Additions 6,175
As at 30 September 2024 44,991
Amortisation
As at 1 October 2023 5,652
Provided during the period 2,183
As at 30 September 2024 7,835
...CONTINUED
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Page 4
Net Book Value
As at 30 September 2024 37,156
As at 1 October 2023 33,164
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2023 791
Additions 349
As at 30 September 2024 1,140
Depreciation
As at 1 October 2023 791
Provided during the period 41
As at 30 September 2024 832
Net Book Value
As at 30 September 2024 308
As at 1 October 2023 -
6. Stocks
2024 2023
as restated
£ £
Finished goods 49,916 71,966
7. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 21,678 12,787
Prepayments and accrued income 40,534 47,726
Other debtors - 2,010
62,212 62,523
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 16,676 45,728
Bank loans and overdrafts 1,801 1,801
VAT 40,324 30,442
Other creditors 25,897 47,230
Accruals and deferred income 3,902 1,970
Directors' loan accounts 4,721 4,723
93,321 131,894
The company received a bank loan of £16,000 under the BBIL's scheme in September 2020. This loan was guaranteed by the Government to counteract the potential impact of Coronavirus on business activity. The interest rate is 2.50%. The Government paid the interest in the first 12 months and monthly repayments of principal and interest commenced in October 2021. The loan is repayable over 10 years commencing September 2020. £1,801 is included within creditors due within 1 year and £8,865 is included within creditors due after 1 year below. 
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 8,865 10,643
Convertible Loan Note 146,658 66,120
155,523 76,763
Bank loans include the BBILs loan as referred to above.
An unsecured convertible loan note of £56,000 was received on 7th Sept 2021 and a further convertible loan note of £75,000 was received on 27th September 2024 from Macha Capital Partners Ltd. Interest is accrued on these outstanding loan notes at a rate of 8% per annum.
10. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 317 317
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following amounts owing to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mrs Irene Breen 818 80 78 - 816
Mr Conor Breen 3,905 - - - 3,905
12. Restated Comparatives
The comparative figures were restated to move £31,253 out of Administrative expenses into Distribution costs for the year ended 30 September 2023.
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