Acorah Software Products - Accounts Production 16.5.460 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12226776 Mrs Marcia Holmes Mr Nicholas Holmes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12226776 2023-09-30 12226776 2024-09-30 12226776 2023-10-01 2024-09-30 12226776 frs-core:CurrentFinancialInstruments 2024-09-30 12226776 frs-core:Non-currentFinancialInstruments 2024-09-30 12226776 frs-core:ComputerEquipment 2024-09-30 12226776 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12226776 frs-core:ComputerEquipment 2023-09-30 12226776 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-30 12226776 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-01 2024-09-30 12226776 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-30 12226776 frs-core:ShareCapital 2024-09-30 12226776 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12226776 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12226776 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12226776 frs-bus:SmallEntities 2023-10-01 2024-09-30 12226776 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12226776 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12226776 frs-bus:Director1 2023-10-01 2024-09-30 12226776 frs-bus:Director2 2023-10-01 2024-09-30 12226776 frs-countries:EnglandWales 2023-10-01 2024-09-30 12226776 2022-09-30 12226776 2023-09-30 12226776 2022-10-01 2023-09-30 12226776 frs-core:CurrentFinancialInstruments 2023-09-30 12226776 frs-core:Non-currentFinancialInstruments 2023-09-30 12226776 frs-core:ShareCapital 2023-09-30 12226776 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12226776
BIRA Butterfly Investments Limited
Financial Statements
For The Year Ended 30 September 2024
Matthew Squire FFA
Matthew Squire & Company Limited
The Orchard, Thorngrove Mews
Sinton Green
Worcester
Worcestershire
WR2 6NP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12226776
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 226,149 225,627
226,149 225,627
CURRENT ASSETS
Debtors 5 306 365
Cash at bank and in hand 9,384 13,271
9,690 13,636
Creditors: Amounts Falling Due Within One Year 6 (6,282 ) (5,380 )
NET CURRENT ASSETS (LIABILITIES) 3,408 8,256
TOTAL ASSETS LESS CURRENT LIABILITIES 229,557 233,883
Creditors: Amounts Falling Due After More Than One Year 7 (237,252 ) (237,981 )
NET LIABILITIES (7,695 ) (4,098 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (7,795 ) (4,198 )
SHAREHOLDERS' FUNDS (7,695) (4,098)
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Page 2
For the year ending 30 September 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
Mrs Marcia Holmes
Director
Mr Nicholas Holmes
Director
29 September 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
BIRA Butterfly Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12226776 . The registered office is 47 Conisboro Avenue, Caversham, Reading, RG4 7JF.
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:
Computer Equipment 33% -on cost
2.4. 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 year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 225,131 1,039 226,170
Additions - 1,290 1,290
As at 30 September 2024 225,131 2,329 227,460
Depreciation
As at 1 October 2023 - 543 543
Provided during the period - 768 768
As at 30 September 2024 - 1,311 1,311
Net Book Value
As at 30 September 2024 225,131 1,018 226,149
As at 1 October 2023 225,131 496 225,627
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5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 306 365
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,481 4,481
Accruals and deferred income 1,801 899
6,282 5,380
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 131,651 131,651
Directors loan account 105,601 106,330
237,252 237,981
8. Secured Creditors
A debenture was created on 22 April 2020 in favour of Paragon Bank PLC over one of the company's two fixed assets at 30 September 2024.
A debenture was created on 13 November 2020 in favour of Fleet Mortgages Ltd over the company's second fixed asset at 30 September 2024.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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