Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 NI635651 Rosemary Scott Mrs Nicola Herron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI635651 2024-01-31 NI635651 2025-01-31 NI635651 2024-02-01 2025-01-31 NI635651 frs-core:CurrentFinancialInstruments 2025-01-31 NI635651 frs-core:Non-currentFinancialInstruments 2025-01-31 NI635651 frs-core:ComputerEquipment 2025-01-31 NI635651 frs-core:ComputerEquipment 2024-02-01 2025-01-31 NI635651 frs-core:ComputerEquipment 2024-01-31 NI635651 frs-core:PlantMachinery 2025-01-31 NI635651 frs-core:PlantMachinery 2024-02-01 2025-01-31 NI635651 frs-core:PlantMachinery 2024-01-31 NI635651 frs-core:ShareCapital 2025-01-31 NI635651 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI635651 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI635651 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 NI635651 frs-bus:SmallEntities 2024-02-01 2025-01-31 NI635651 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 NI635651 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI635651 frs-bus:Director1 2024-02-01 2025-01-31 NI635651 frs-bus:Director2 2024-02-01 2025-01-31 NI635651 frs-countries:NorthernIreland 2024-02-01 2025-01-31 NI635651 2023-01-31 NI635651 2024-01-31 NI635651 2023-02-01 2024-01-31 NI635651 frs-core:CurrentFinancialInstruments 2024-01-31 NI635651 frs-core:Non-currentFinancialInstruments 2024-01-31 NI635651 frs-core:ShareCapital 2024-01-31 NI635651 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: NI635651
Fiord Wind Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Gray + Press Accountants
21 Old Channel Road
Unit 4A Channel Wharf
Belfast
Antrim
BT3 9DE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI635651
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 403,205 409,637
403,205 409,637
CURRENT ASSETS
Debtors 5 - 72,316
Cash at bank and in hand 231,227 47,656
231,227 119,972
Creditors: Amounts Falling Due Within One Year 6 (104,767 ) (144,001 )
NET CURRENT ASSETS (LIABILITIES) 126,460 (24,029 )
TOTAL ASSETS LESS CURRENT LIABILITIES 529,665 385,608
Creditors: Amounts Falling Due After More Than One Year 7 (277,600 ) (317,240 )
NET ASSETS 252,065 68,368
CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Profit and Loss Account 247,065 63,368
SHAREHOLDERS' FUNDS 252,065 68,368
Page 1
Page 2
For the year ending 31 January 2025 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
Rosemary Scott
Director
30/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fiord Wind Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI635651 . The registered office is 32 Lisbarnet Road, Lisbane, Comber, County Down, BT23 6AW.
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. 
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:
Plant & Machinery 4% Straight Line
Computer Equipment 25% Straight Line
2.4. Financial Instruments
A finacial asset or a finacial liability is recognised only when the entity becomes a party to the contracual provisions of the intrument. Basic finacial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative finacial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.
Finacial assets which are measured at cost or amortised cost are reviewed for objective evidence of iimpairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other finacial assets that are individually significant, are assessed individually for impairment.
2.5. Foreign Currencies
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 417,020 61 417,081
Additions 10,475 - 10,475
As at 31 January 2025 427,495 61 427,556
Depreciation
As at 1 February 2024 7,434 10 7,444
Provided during the period 16,888 19 16,907
As at 31 January 2025 24,322 29 24,351
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2025 403,173 32 403,205
As at 1 February 2024 409,586 51 409,637
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 72,316
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 191 13,646
Bank loans and overdrafts 43,006 40,670
Other creditors 51,339 77,466
Taxation and social security 10,231 12,219
104,767 144,001
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 277,600 317,240
Page 4