Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI054298 Mr Stephen McManus Miss Mary Lester Mr Mark Hillis Mr Ivor Whitten Mrs Emily Henning Mr Stephen McManus iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI054298 2024-03-31 NI054298 2025-03-31 NI054298 2024-04-01 2025-03-31 NI054298 frs-core:FurnitureFittings 2024-04-01 2025-03-31 NI054298 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI054298 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI054298 frs-bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 NI054298 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 NI054298 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI054298 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI054298 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI054298 frs-bus:Director1 2024-04-01 2025-03-31 NI054298 frs-bus:Director2 2024-04-01 2025-03-31 NI054298 frs-bus:Director3 2024-04-01 2025-03-31 NI054298 frs-bus:Director4 2024-04-01 2025-03-31 NI054298 frs-bus:Director5 2024-04-01 2025-03-31 NI054298 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 NI054298 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI054298 2023-03-31 NI054298 2024-03-31 NI054298 2023-04-01 2024-03-31 NI054298 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI054298
Milford Buildings Preservation Trust
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Milford Buildings Preservation Trust
Contents
Contents

| Page
--- | ---
Abridged Balance Sheet | 1
Notes to the Abridged Financial Statements | 2—3

Page 1
Milford Buildings Preservation Trust
Abridged Balance Sheet
As At 31 March 2025
Abridged Balance Sheet
Registered number: NI054298

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 19,227 |  | 19,190
|  |  | 19,227 |  | 19,190
CURRENT ASSETS
Cash at bank and in hand |  | 1,821 |  | - |
|  | 1,821 |  | - |
Creditors: Amounts Falling Due Within One Year |  | (6,561 ) |  | (3,404 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (4,740 ) |  | (3,404 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 14,487 |  | 15,786
NET ASSETS |  |  | 14,487 |  | 15,786
Income and Expenditure Account |  |  | 14,487 |  | 15,786
MEMBERS' FUNDS |  |  | 14,487 |  | 15,786

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 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 Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Stephen McManus Director
05/02/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Milford Buildings Preservation Trust
Notes to the Abridged Financial Statements
For The Year Ended 31 March 2025
Notes to the Abridged Financial Statements
1. General Information
Milford Buildings Preservation Trust is a private company, limited by guarantee, incorporated in Northern Ireland, registered number NI054298 . The registered office is 48 Hill Street, Milford, Co. Armagh, BT60 3PB.
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:

Plant & Machinery | 20% reducing balance on security system
Fixtures & Fittings | 15% reducing balance

2.4. Government Grant
Government grants are recognised in the income and expenditure 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 income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure 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 income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure 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: NIL (2024: NIL)
- -
Page 2
Page 3
Milford Buildings Preservation Trust
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 April 2024 | 20,194
Additions | 127
As at 31 March 2025 | 20,321
Depreciation
As at 1 April 2024 | 1,004
Provided during the period | 90
As at 31 March 2025 | 1,094
Net Book Value
As at 31 March 2025 | 19,227
As at 1 April 2024 | 19,190

Grants provided by:
Royal Society Places of Science - £5,500
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3