Acorah Software Products - Accounts Production 16.8.310 false true true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 NI620387 Ms Claire Coyle Mr Jonathan Coyle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI620387 2024-09-30 NI620387 2025-09-30 NI620387 2024-10-01 2025-09-30 NI620387 frs-core:CurrentFinancialInstruments 2025-09-30 NI620387 frs-core:Non-currentFinancialInstruments 2025-09-30 NI620387 frs-core:ComputerEquipment 2025-09-30 NI620387 frs-core:ComputerEquipment 2024-10-01 2025-09-30 NI620387 frs-core:ComputerEquipment 2024-09-30 NI620387 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-10-01 2025-09-30 NI620387 frs-core:MotorVehicles 2025-09-30 NI620387 frs-core:MotorVehicles 2024-10-01 2025-09-30 NI620387 frs-core:MotorVehicles 2024-09-30 NI620387 frs-core:OtherResidualIntangibleAssets 2025-09-30 NI620387 frs-core:OtherResidualIntangibleAssets 2024-10-01 2025-09-30 NI620387 frs-core:OtherResidualIntangibleAssets 2024-09-30 NI620387 frs-core:ShareCapital 2025-09-30 NI620387 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 NI620387 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI620387 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 NI620387 frs-bus:SmallEntities 2024-10-01 2025-09-30 NI620387 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 NI620387 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI620387 frs-bus:Director1 2024-10-01 2025-09-30 NI620387 frs-bus:Director2 2024-10-01 2025-09-30 NI620387 frs-countries:NorthernIreland 2024-10-01 2025-09-30 NI620387 2023-09-30 NI620387 2024-09-30 NI620387 2023-10-01 2024-09-30 NI620387 frs-core:CurrentFinancialInstruments 2024-09-30 NI620387 frs-core:Non-currentFinancialInstruments 2024-09-30 NI620387 frs-core:ShareCapital 2024-09-30 NI620387 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: NI620387
RHI Water Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
RHI Water Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
RHI Water Ltd
Balance Sheet
As At 30 September 2025
Balance Sheet
Registered number: NI620387

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 7,910 |  | 8,356
Tangible Assets | 5 |  | 31,693 |  | 4,330
|  |  | 39,603 |  | 12,686
CURRENT ASSETS
Stocks | 6 | 19,909 |  | 12,506 |
Debtors | 7 | 41,207 |  | 100,745 |
Cash at bank and in hand |  | 109,756 |  | 121,147 |
|  | 170,872 |  | 234,398 |
Creditors: Amounts Falling Due Within One Year | 8 | (165,954 ) |  | (234,071 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 4,918 |  | 327
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 44,521 |  | 13,013
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (6,527 )
NET ASSETS |  |  | 44,521 |  | 6,486
CAPITAL AND RESERVES
Called up share capital | 10 |  | 2 |  | 2
Profit and Loss Account |  |  | 44,519 |  | 6,484
SHAREHOLDERS' FUNDS |  |  | 44,521 |  | 6,486

Page 1
Page 2
RHI Water Ltd
Balance Sheet (continued)
As At 30 September 2025
For the year ending 30 September 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 Profit and Loss Account.
On behalf of the board

Mr Jonathan Coyle Director
04/03/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
RHI Water Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
RHI Water Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI620387 . The registered office is Unit 8b, Loguestown Industrial Estate, Coleraine, BT52 2NS.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried
at cost less accumulated amortisation and any accumulated impairment losses
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual
value, over their useful life as follows:
Patents 20% Straight Line
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:

Motor Vehicles | 20% Straignt Line
Computer Equipment | 20% Straignt Line

2.6. 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.
2.7. Financial Instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Page 3
Page 4
RHI Water Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
2.8. 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.
2.9. 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.
2.10. Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables
2.11. Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
2.12. Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest
payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer
settlement of the liability for at least twelve months after the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 4
Page 5
RHI Water Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 October 2024 | 148,717
Additions | 2,661
As at 30 September 2025 | 151,378
Amortisation
As at 1 October 2024 | 140,361
Provided during the period | 3,107
As at 30 September 2025 | 143,468
Net Book Value
As at 30 September 2025 | 7,910
As at 1 October 2024 | 8,356

5. Tangible Assets

| Motor Vehicles | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 October 2024 | 5,327 | 508 | 5,835
Additions | 27,773 | 1,408 | 29,181
As at 30 September 2025 | 33,100 | 1,916 | 35,016
Depreciation
As at 1 October 2024 | 1,412 | 93 | 1,505
Provided during the period | 1,528 | 290 | 1,818
As at 30 September 2025 | 2,940 | 383 | 3,323
Net Book Value
As at 30 September 2025 | 30,160 | 1,533 | 31,693
As at 1 October 2024 | 3,915 | 415 | 4,330

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 19,909 |  | 12,506

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 41,207 |  | 46,936
Prepayments and accrued income | - |  | 51,061
Other debtors | - |  | 2,748
| 41,207 |  | 100,745

Page 5
Page 6
RHI Water Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 16,785 |  | 81,154
Bank loans and overdrafts | 6,320 |  | 8,045
Corporation tax | 2,667 |  | 3,315
Other creditors | 4,708 |  | 6,356
Accruals and deferred income | 3,093 |  | 2,820
Directors' loan accounts | 132,381 |  | 132,381
| 165,954 |  | 234,071

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 6,527

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

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