Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01921585 Mr J C Berry Ms V A Hulton Mr J C Berry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01921585 2023-12-31 01921585 2024-12-31 01921585 2024-01-01 2024-12-31 01921585 frs-core:CurrentFinancialInstruments 2024-12-31 01921585 frs-core:NetGoodwill 2024-12-31 01921585 frs-core:NetGoodwill 2024-01-01 2024-12-31 01921585 frs-core:NetGoodwill 2023-12-31 01921585 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 01921585 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01921585 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 01921585 frs-core:CapitalRedemptionReserve 2024-12-31 01921585 frs-core:RevaluationReserve 2024-01-01 2024-12-31 01921585 frs-core:RevaluationReserve 2023-12-31 01921585 frs-core:RevaluationReserve 2024-12-31 01921585 frs-core:ShareCapital 2024-12-31 01921585 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01921585 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01921585 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01921585 frs-bus:SmallEntities 2024-01-01 2024-12-31 01921585 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01921585 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01921585 frs-bus:Director1 2024-01-01 2024-12-31 01921585 frs-bus:Director2 2024-01-01 2024-12-31 01921585 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 01921585 frs-countries:EnglandWales 2024-01-01 2024-12-31 01921585 2022-12-31 01921585 2023-12-31 01921585 2023-01-01 2023-12-31 01921585 frs-core:CurrentFinancialInstruments 2023-12-31 01921585 frs-core:CapitalRedemptionReserve 2023-12-31 01921585 frs-core:RevaluationReserve 2023-12-31 01921585 frs-core:ShareCapital 2023-12-31 01921585 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01921585
A.D.A. Investment Management Limited
Financial Statements
For The Year Ended 31 December 2024
Stubbs Parkin
55 Hoghton Street
Southport
Merseyside
PR9 0PG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01921585
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 126,654 132,136
126,654 132,136
CURRENT ASSETS
Cash at bank and in hand 160,443 142,323
160,443 142,323
Creditors: Amounts Falling Due Within One Year 6 (53,806 ) (50,335 )
NET CURRENT ASSETS (LIABILITIES) 106,637 91,988
TOTAL ASSETS LESS CURRENT LIABILITIES 233,291 224,124
NET ASSETS 233,291 224,124
CAPITAL AND RESERVES
Called up share capital 7 50 50
Revaluation reserve 8 89,925 93,817
Capital redemption reserve 50 50
Profit and Loss Account 143,266 130,207
SHAREHOLDERS' FUNDS 233,291 224,124
Page 1
Page 2
For the year ending 31 December 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 J C Berry
Director
25th February 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
A.D.A. Investment Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01921585 . The registered office is 55 Hoghton Street, Southport, Merseyside, PR9 0PG. The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Freehold Straigh line over 50 years
2.5. Taxation
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 400,000
As at 31 December 2024 400,000
Amortisation
As at 1 January 2024 400,000
As at 31 December 2024 400,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2024 274,100
As at 31 December 2024 274,100
Depreciation
As at 1 January 2024 141,964
Provided during the period 5,482
As at 31 December 2024 147,446
Net Book Value
As at 31 December 2024 126,654
As at 1 January 2024 132,136
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 50,370 46,836
Taxation and social security 3,436 3,499
53,806 50,335
Page 4
Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50 50
8. Reserves
Revaluation Reserve
£
As at 1 January 2024 93,817
Transfer to profit and loss (3,892 )
As at 31 December 2024 89,925
Page 5