Acorah Software Products - Accounts Production 16.7.461 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 14560818 Ms Silvia FERNANDEZ PEREZ Ms Silvia FERNANDEZ PEREZ Mr Javier Andres Moret Sanchez true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14560818 2024-12-31 14560818 2025-12-31 14560818 2025-01-01 2025-12-31 14560818 frs-core:CurrentFinancialInstruments 2025-12-31 14560818 frs-core:ShareCapital 2025-12-31 14560818 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 14560818 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14560818 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 14560818 frs-bus:SmallEntities 2025-01-01 2025-12-31 14560818 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 14560818 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14560818 1 2025-01-01 2025-12-31 14560818 frs-core:UnlistedNon-exchangeTraded 2025-12-31 14560818 frs-core:UnlistedNon-exchangeTraded 2024-12-31 14560818 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 14560818 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 14560818 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 14560818 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 14560818 frs-core:ImpairmentLossProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 14560818 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 14560818 frs-bus:Director1 2025-01-01 2025-12-31 14560818 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 14560818 frs-countries:EnglandWales 2025-01-01 2025-12-31 14560818 2023-12-31 14560818 2024-12-31 14560818 2024-01-01 2024-12-31 14560818 frs-core:CurrentFinancialInstruments 2024-12-31 14560818 frs-core:ShareCapital 2024-12-31 14560818 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 14560818
BULNES CAPITAL LTD
Unaudited Financial Statements
For The Year Ended 31 December 2025
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
BULNES CAPITAL LTD
Contents
Contents

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

Page 1
BULNES CAPITAL LTD
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 14560818

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments | 4 |  | 607,676 |  | 978,488
|  |  | 607,676 |  | 978,488
CURRENT ASSETS
Debtors | 5 | - |  | 1 |
Cash at bank and in hand |  | 158 |  | 129 |
|  | 158 |  | 130 |
Creditors: Amounts Falling Due Within One Year | 6 | (7,055 ) |  | (980,528 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (6,897 ) |  | (980,398 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 600,779 |  | (1,910 )
NET ASSETS/(LIABILITIES) |  |  | 600,779 |  | (1,910 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1,273,331 |  | 1
Profit and Loss Account |  |  | (672,552 ) |  | (1,911 )
SHAREHOLDERS' FUNDS |  |  | 600,779 |  | (1,910)

For the year ending 31 December 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

Ms Silvia FERNANDEZ PEREZ Director
09/03/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
BULNES CAPITAL LTD
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
BULNES CAPITAL LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14560818 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 978,488
Additions | 294,843
As at 31 December 2025 | 1,273,331
Provision
As at 1 January 2025 | -
Impairment losses | 665,655
As at 31 December 2025 | 665,655
Net Book Value
As at 31 December 2025 | 607,676
As at 1 January 2025 | 978,488

Investments consists of the following:-
Imageryst - £82,683
Hypergen - £304,993
Purifire Labs - £220,000
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | - |  | 1

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 1,176
Directors' loan accounts | 7,055 |  | 979,352
| 7,055 |  | 980,528

Page 2
Page 3
BULNES CAPITAL LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,273,331 |  | 1

8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:

| As at 1 January 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Javier Andres MORET SANCHEZ | 979,352 | - | 972,297 | - | 7,055

The above loan is unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Javier Andres Moret Sanchez by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 3