Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI659716 Mr Kingsley Donaldson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI659716 2024-03-31 NI659716 2025-03-31 NI659716 2024-04-01 2025-03-31 NI659716 frs-core:CurrentFinancialInstruments 2025-03-31 NI659716 frs-core:Non-currentFinancialInstruments 2025-03-31 NI659716 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 NI659716 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 NI659716 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 NI659716 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI659716 frs-core:PlantMachinery 2025-03-31 NI659716 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI659716 frs-core:PlantMachinery 2024-03-31 NI659716 frs-core:ShareCapital 2025-03-31 NI659716 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI659716 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI659716 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI659716 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI659716 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI659716 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI659716 frs-core:CostValuation 2024-03-31 NI659716 frs-core:CostValuation 2025-03-31 NI659716 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 NI659716 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 NI659716 frs-bus:Director1 2024-04-01 2025-03-31 NI659716 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI659716 2023-03-31 NI659716 2024-03-31 NI659716 2023-04-01 2024-03-31 NI659716 frs-core:CurrentFinancialInstruments 2024-03-31 NI659716 frs-core:Non-currentFinancialInstruments 2024-03-31 NI659716 frs-core:ShareCapital 2024-03-31 NI659716 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI659716
Causeway Business Group Limited
Unaudited Financial Statements
For The Year Ended 31 March 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—5
Page 1
Balance Sheet
Registered number: NI659716
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 212 683
Investment Properties 5 256,239 256,239
Investments 6 71,975 71,975
328,426 328,897
CURRENT ASSETS
Stocks 7 7,106 4,932
Debtors 8 3,280 3,163
Cash at bank and in hand 456 35,865
10,842 43,960
Creditors: Amounts Falling Due Within One Year 9 (230,613 ) (226,622 )
NET CURRENT ASSETS (LIABILITIES) (219,771 ) (182,662 )
TOTAL ASSETS LESS CURRENT LIABILITIES 108,655 146,235
Creditors: Amounts Falling Due After More Than One Year 10 (157,129 ) (172,612 )
NET LIABILITIES (48,474 ) (26,377 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (48,574 ) (26,477 )
SHAREHOLDERS' FUNDS (48,474) (26,377)
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Kingsley Donaldson
Director
30/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Causeway Business Group Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI659716 . The registered office is Unit 8 Belmont Business Park, Belmont Road, Belfast, BT4 2AW.
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.
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:
Freehold 2% - 20% Straight Line
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Straight Line
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.
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.
2.6. Investments
Investments are stated at cost less any provision for impairment. Where there is objective evidence that an investment is impaired, the carrying value is reduced to its recoverable amount and the impairment loss is recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2024 854 1,500 2,354
As at 31 March 2025 854 1,500 2,354
Depreciation
As at 1 April 2024 598 1,073 1,671
Provided during the period 171 300 471
As at 31 March 2025 769 1,373 2,142
Net Book Value
As at 31 March 2025 85 127 212
As at 1 April 2024 256 427 683
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 256,239
6. Investments
Subsidiaries Other Total
£ £ £
Cost or Valuation
As at 1 April 2024 47,500 24,475 71,975
As at 31 March 2025 47,500 24,475 71,975
Provision
As at 1 April 2024 - - -
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 47,500 24,475 71,975
As at 1 April 2024 47,500 24,475 71,975
7. Stocks
2025 2024
£ £
Finished goods 7,106 4,932
Page 4
Page 5
8. Debtors
2025 2024
£ £
Due within one year
Other debtors 3,280 3,163
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 10,614 5,745
Other creditors 219,999 220,877
230,613 226,622
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 157,129 172,612
Page 5