Acorah Software Products - Accounts Production 16.5.460 false true 30 September 2023 1 October 2022 false 1 October 2023 31 December 2024 31 December 2024 NI030295 Mr Michael McQuade Mr Stuart Draffin Mr Donall McCann Mr Patrick McQuade iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI030295 2023-09-30 NI030295 2024-12-31 NI030295 2023-10-01 2024-12-31 NI030295 frs-core:CurrentFinancialInstruments 2024-12-31 NI030295 frs-core:OtherReservesSubtotal 2024-12-31 NI030295 frs-core:ShareCapital 2024-12-31 NI030295 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI030295 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-12-31 NI030295 frs-bus:FilletedAccounts 2023-10-01 2024-12-31 NI030295 frs-bus:SmallEntities 2023-10-01 2024-12-31 NI030295 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-12-31 NI030295 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-12-31 NI030295 frs-bus:Director1 2023-10-01 2024-12-31 NI030295 frs-bus:Director2 2023-10-01 2024-12-31 NI030295 frs-bus:Director3 2023-10-01 2024-12-31 NI030295 frs-bus:Director4 2023-10-01 2024-12-31 NI030295 frs-countries:NorthernIreland 2023-10-01 2024-12-31 NI030295 2022-09-30 NI030295 2023-09-30 NI030295 2022-10-01 2023-09-30 NI030295 frs-core:CurrentFinancialInstruments 2023-09-30 NI030295 frs-core:OtherReservesSubtotal 2023-09-30 NI030295 frs-core:ShareCapital 2023-09-30 NI030295 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: NI030295
Finbrook Investments Limited
Unaudited Financial Statements
For the Period 1 October 2023 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI030295
31 December 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 7,250,000 7,250,000
7,250,000 7,250,000
CURRENT ASSETS
Debtors 5 2,918 102,766
Cash at bank and in hand 10,295 473,462
13,213 576,228
Creditors: Amounts Falling Due Within One Year 6 (213,944 ) (34,900 )
NET CURRENT ASSETS (LIABILITIES) (200,731 ) 541,328
TOTAL ASSETS LESS CURRENT LIABILITIES 7,049,269 7,791,328
NET ASSETS 7,049,269 7,791,328
CAPITAL AND RESERVES
Called up share capital 7 103 103
Other reserves 24,830 24,830
Profit and Loss Account 7,024,336 7,766,395
SHAREHOLDERS' FUNDS 7,049,269 7,791,328
Page 1
Page 2
For the period 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 Michael McQuade
Director
Mr Patrick McQuade
Director
19/09/2025
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
Finbrook Investments Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI030295 . The registered office is 23 Annaghmore Road, Portadown, Craigavon, BT62 1NA.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2023: NIL)
- -
4. Investment Property
31 December 2024
£
Fair Value
As at 1 October 2023 and 31 December 2024 7,250,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 December 2024 30 September 2023
£ £
Cost 13,649,653 13,649,653
Accumulated depreciation and impairment 6,489,145 6,216,152
Carrying amount 7,160,508 7,433,501
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Page 4
5. Debtors
31 December 2024 30 September 2023
£ £
Due within one year
Prepayments and accrued income - 38,056
Other debtors - 53,035
VAT 2,918 11,675
2,918 102,766
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 September 2023
£ £
Trade creditors - 3,000
Other creditors 213,944 31,900
213,944 34,900
7. Share Capital
31 December 2024 30 September 2023
£ £
Allotted, Called up and fully paid 103 103
Page 4