Acorah Software Products - Accounts Production 16.7.461 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 NI684291 Mr Robert Herring iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI684291 2023-12-31 NI684291 2024-12-31 NI684291 2024-01-01 2024-12-31 NI684291 frs-core:CurrentFinancialInstruments 2024-12-31 NI684291 frs-core:ComputerEquipment 2024-12-31 NI684291 frs-core:ComputerEquipment 2024-01-01 2024-12-31 NI684291 frs-core:ComputerEquipment 2023-12-31 NI684291 frs-core:ShareCapital 2024-12-31 NI684291 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI684291 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI684291 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 NI684291 frs-bus:SmallEntities 2024-01-01 2024-12-31 NI684291 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI684291 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 NI684291 frs-bus:Director1 2024-01-01 2024-12-31 NI684291 frs-countries:NorthernIreland 2024-01-01 2024-12-31 NI684291 2022-12-31 NI684291 2023-12-31 NI684291 2023-01-01 2023-12-31 NI684291 frs-core:CurrentFinancialInstruments 2023-12-31 NI684291 frs-core:ShareCapital 2023-12-31 NI684291 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: NI684291
Miniro Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Grid Accounting Ltd
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: NI684291
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 781 1,055
781 1,055
CURRENT ASSETS
Debtors 5 45,300 -
Cash at bank and in hand 16,944 38,407
62,244 38,407
Creditors: Amounts Falling Due Within One Year 6 (7,588 ) (2,297 )
NET CURRENT ASSETS (LIABILITIES) 54,656 36,110
TOTAL ASSETS LESS CURRENT LIABILITIES 55,437 37,165
NET ASSETS 55,437 37,165
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 55,337 37,065
SHAREHOLDERS' FUNDS 55,437 37,165
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 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 Income Statement.
On behalf of the board
Mr Robert Herring
Director
19/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Miniro Investments Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI684291 . The registered office is 52 Castlehill Road, Belfast, Northern Ireland, BT4 3GP.
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 20% straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 1,368
As at 31 December 2024 1,368
Depreciation
As at 1 January 2024 313
Provided during the period 274
As at 31 December 2024 587
Net Book Value
As at 31 December 2024 781
As at 1 January 2024 1,055
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 45,300 -
Debtors due within one year includes a loan of £45,300 (2023: nil) to Miniro Property Ltd, a subsidiary by virtue of investment.
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Other creditors 800 266
Taxation and social security 6,787 2,031
7,588 2,297
Other creditors includes unpaid wages of £800 (2023: nil)
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Miniro Property is a subsidiary of Miniro Investments.
Page 3