Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 NI649957 Mr Gordon Burns Mr Darren Leslie Mr Iain Parkhill Mr Gavin Rankin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI649957 2023-12-31 NI649957 2024-12-31 NI649957 2024-01-01 2024-12-31 NI649957 frs-core:CurrentFinancialInstruments 2024-12-31 NI649957 frs-core:Non-currentFinancialInstruments 2024-12-31 NI649957 frs-core:BetweenOneFiveYears 2024-12-31 NI649957 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 NI649957 frs-core:FurnitureFittings 2024-12-31 NI649957 frs-core:FurnitureFittings 2024-01-01 2024-12-31 NI649957 frs-core:FurnitureFittings 2023-12-31 NI649957 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 NI649957 frs-core:MotorVehicles 2024-12-31 NI649957 frs-core:MotorVehicles 2024-01-01 2024-12-31 NI649957 frs-core:MotorVehicles 2023-12-31 NI649957 frs-core:OtherResidualIntangibleAssets 2024-12-31 NI649957 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 NI649957 frs-core:OtherResidualIntangibleAssets 2023-12-31 NI649957 frs-core:PlantMachinery 2024-12-31 NI649957 frs-core:PlantMachinery 2024-01-01 2024-12-31 NI649957 frs-core:PlantMachinery 2023-12-31 NI649957 frs-core:WithinOneYear 2024-12-31 NI649957 frs-core:ShareCapital 2024-12-31 NI649957 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI649957 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI649957 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 NI649957 frs-bus:SmallEntities 2024-01-01 2024-12-31 NI649957 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI649957 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 NI649957 frs-bus:Director1 2024-01-01 2024-12-31 NI649957 frs-bus:Director2 2024-01-01 2024-12-31 NI649957 frs-bus:Director3 2024-01-01 2024-12-31 NI649957 frs-bus:Director4 2024-01-01 2024-12-31 NI649957 frs-countries:NorthernIreland 2024-01-01 2024-12-31 NI649957 2022-12-31 NI649957 2023-12-31 NI649957 2023-01-01 2023-12-31 NI649957 frs-core:CurrentFinancialInstruments 2023-12-31 NI649957 frs-core:Non-currentFinancialInstruments 2023-12-31 NI649957 frs-core:BetweenOneFiveYears 2023-12-31 NI649957 frs-core:WithinOneYear 2023-12-31 NI649957 frs-core:ShareCapital 2023-12-31 NI649957 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: NI649957
Process Automation & Calibrations Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
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—6
Page 1
Balance Sheet
Registered number: NI649957
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,556 2,270
Tangible Assets 5 102,082 104,318
111,638 106,588
CURRENT ASSETS
Stocks 6 1,699,309 813,857
Debtors 7 3,381,157 3,360,567
Cash at bank and in hand 1,545,188 738,222
6,625,654 4,912,646
Creditors: Amounts Falling Due Within One Year 8 (2,391,799 ) (1,352,701 )
NET CURRENT ASSETS (LIABILITIES) 4,233,855 3,559,945
TOTAL ASSETS LESS CURRENT LIABILITIES 4,345,493 3,666,533
Creditors: Amounts Falling Due After More Than One Year 9 (17,879 ) (31,067 )
NET ASSETS 4,327,614 3,635,466
CAPITAL AND RESERVES
Called up share capital 5 5
Profit and Loss Account 4,327,609 3,635,461
SHAREHOLDERS' FUNDS 4,327,614 3,635,466
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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 Darren Leslie
Director
10/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Process Automation & Calibrations Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI649957 . The registered office is Units 35-37 Somerton Industrial Park, Dargan Crescent , Belfast , BT3 9JB.
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, excluding disouncts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation (20% straight line).
2.4. Research and Development
Expenditure on research and velopment is written off in the year in which it is incurred.
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:
Leasehold -
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 20% Straight Line
2.6. Leasing and Hire Purchase Contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.7. Stocks and Work in Progress
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion. 
2.8. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.9. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.10. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.11. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 60 (2023: 53)
60 53
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 19,899
Additions 9,625
As at 31 December 2024 29,524
Amortisation
As at 1 January 2024 17,629
Provided during the period 2,339
As at 31 December 2024 19,968
Net Book Value
As at 31 December 2024 9,556
As at 1 January 2024 2,270
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 51,848 117,085 73,187 242,120
Additions 43,150 4,705 9,614 57,469
As at 31 December 2024 94,998 121,790 82,801 299,589
Depreciation
As at 1 January 2024 22,269 73,090 42,443 137,802
Provided during the period 19,576 26,551 13,578 59,705
As at 31 December 2024 41,845 99,641 56,021 197,507
Net Book Value
As at 31 December 2024 53,153 22,149 26,780 102,082
As at 1 January 2024 29,579 43,995 30,744 104,318
6. Stocks
2024 2023
£ £
Stock 321,272 211,399
Work in progress 1,378,037 602,458
1,699,309 813,857
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,168,722 3,267,348
Amounts owed by group undertakings 38,536 33,497
Other debtors 173,899 59,722
3,381,157 3,360,567
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,188 12,271
Trade creditors 1,617,177 776,096
Amounts owed to group undertakings 5,753 -
Amounts owed to participating interests - 44,000
Other creditors 124,316 62,860
Taxation and social security 631,365 457,474
2,391,799 1,352,701
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9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 17,879 31,067
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,188 12,271
Later than one year and not later than five years 17,879 31,067
31,067 43,338
31,067 43,338
11. Related Party Transactions
Included in other debtors are amounts the company is owed from related parties totalling £38,536 (2023 - £33,497). Included in other creditors are amounts the company owe to a related party totalling £5,753. (2023 - £44,000)
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