Acorah Software Products - Accounts Production 16.4.675 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 NI679473 Mr Andrew Dunlop Mr Noel Murphy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI679473 2024-05-31 NI679473 2025-05-31 NI679473 2024-06-01 2025-05-31 NI679473 frs-core:CurrentFinancialInstruments 2025-05-31 NI679473 frs-core:Non-currentFinancialInstruments 2025-05-31 NI679473 frs-core:PlantMachinery 2025-05-31 NI679473 frs-core:PlantMachinery 2024-06-01 2025-05-31 NI679473 frs-core:PlantMachinery 2024-05-31 NI679473 frs-core:OtherReservesSubtotal 2025-05-31 NI679473 frs-core:ShareCapital 2025-05-31 NI679473 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 NI679473 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 NI679473 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 NI679473 frs-bus:SmallEntities 2024-06-01 2025-05-31 NI679473 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 NI679473 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 NI679473 frs-bus:Director1 2024-06-01 2025-05-31 NI679473 frs-bus:Director2 2024-06-01 2025-05-31 NI679473 frs-countries:NorthernIreland 2024-06-01 2025-05-31 NI679473 2023-05-31 NI679473 2024-05-31 NI679473 2023-06-01 2024-05-31 NI679473 frs-core:CurrentFinancialInstruments 2024-05-31 NI679473 frs-core:Non-currentFinancialInstruments 2024-05-31 NI679473 frs-core:WithinOneYear 2024-05-31 NI679473 frs-core:OtherReservesSubtotal 2024-05-31 NI679473 frs-core:ShareCapital 2024-05-31 NI679473 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: NI679473
Aadmar Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Pass Associates
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: NI679473
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 28,500
- 28,500
CURRENT ASSETS
Stocks 5 1,010,877 2,094,275
Debtors 6 129,038 59,227
Cash at bank and in hand 210 316
1,140,125 2,153,818
Creditors: Amounts Falling Due Within One Year 7 (1,294 ) (64,308 )
NET CURRENT ASSETS (LIABILITIES) 1,138,831 2,089,510
TOTAL ASSETS LESS CURRENT LIABILITIES 1,138,831 2,118,010
Creditors: Amounts Falling Due After More Than One Year 8 (1,215,165 ) (2,168,923 )
NET LIABILITIES (76,334 ) (50,913 )
CAPITAL AND RESERVES
Called up share capital 10 (1 ) 1
Other reserves 131,472 131,472
Profit and Loss Account (207,805 ) (182,386 )
SHAREHOLDERS' FUNDS (76,334) (50,913)
For the year ending 31 May 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
Mr Andrew Dunlop
Director
19/08/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Aadmar Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI679473 . The registered office is 4a Enterprise Road , Bangor , BT19 7TA.
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. 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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 20%
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
Page 2
Page 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2024 45,000
Disposals (24,000 )
As at 31 May 2025 21,000
Depreciation
As at 1 June 2024 16,500
Provided during the period 4,500
As at 31 May 2025 21,000
Net Book Value
As at 31 May 2025 -
As at 1 June 2024 28,500
5. Stocks
2025 2024
£ £
Stock 1,010,877 2,094,275
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,133 58,000
Other debtors 27,132 -
VAT 76 1,225
Called up share capital not paid 2 2
38,343 59,227
Due after more than one year
Trade debtors 90,695 -
129,038 59,227
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 47,416
Trade creditors - 15,598
Accruals and deferred income 1,294 1,294
1,294 64,308
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Page 4
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 731,181 1,573,939
Directors loan account 483,984 594,984
1,215,165 2,168,923
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 57,960
Less: Finance charges allocated to future periods - 10,544
- 47,416
10. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 2 2
Called Up Share Capital has been paid up (3) (1)
Amount of Allotted, Called Up Share Capital (1 ) 1
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