Acorah Software Products - Accounts Production 19.2.350 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 NI016217 Mr George Storey Mr Dennis Storey Mr Kevin Morgan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI016217 2024-10-31 NI016217 2025-10-31 NI016217 2024-11-01 2025-10-31 NI016217 frs-core:CurrentFinancialInstruments 2025-10-31 NI016217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 NI016217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 NI016217 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 NI016217 frs-core:ShareCapital 2025-10-31 NI016217 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI016217 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 NI016217 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 NI016217 frs-bus:SmallEntities 2024-11-01 2025-10-31 NI016217 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 NI016217 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 NI016217 frs-bus:Director1 2024-11-01 2025-10-31 NI016217 frs-bus:Director2 2024-11-01 2025-10-31 NI016217 frs-bus:Director3 2024-11-01 2025-10-31 NI016217 frs-countries:NorthernIreland 2024-11-01 2025-10-31 NI016217 2023-10-31 NI016217 2024-10-31 NI016217 2023-11-01 2024-10-31 NI016217 frs-core:CurrentFinancialInstruments 2024-10-31 NI016217 frs-core:ShareCapital 2024-10-31 NI016217 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: NI016217
J.E.M Investments Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
RWCA LTD
19 Magheralave Park North
Lisburn
Co Antrim
BT28 3NL
J.E.M Investments Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
J.E.M Investments Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: NI016217

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 693,129 |  | 708,882
Investment Properties | 5 |  | 3,978,899 |  | 3,608,899
|  |  | 4,672,028 |  | 4,317,781
CURRENT ASSETS
Debtors | 6 | 140,866 |  | 2,012,977 |
Cash at bank and in hand |  | 415,773 |  | 120,202 |
|  | 556,639 |  | 2,133,179 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,741,199 ) |  | (3,112,993 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,184,560 ) |  | (979,814 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,487,468 |  | 3,337,967
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (35,294 ) |  | (33,065 )
NET ASSETS |  |  | 3,452,174 |  | 3,304,902
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 3,451,174 |  | 3,303,902
SHAREHOLDERS' FUNDS |  |  | 3,452,174 |  | 3,304,902

Page 1
Page 2
J.E.M Investments Limited
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 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 George Storey Director
11/03/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
J.E.M Investments Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
J.E.M Investments Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI016217 . The registered office is 1c The Square, Ballyclare, Antrim, BT39 9BB.
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:

Freehold | 2% 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. 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.
Page 3
Page 4
J.E.M Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost or Valuation
As at 1 November 2024 | 787,647
As at 31 October 2025 | 787,647
Depreciation
As at 1 November 2024 | 78,765
Provided during the period | 15,753
As at 31 October 2025 | 94,518
Net Book Value
As at 31 October 2025 | 693,129
As at 1 November 2024 | 708,882

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 November 2024 | 3,608,899
Revaluations | 370,000
As at 31 October 2025 | 3,978,899

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by participating interests | - |  | 1,870,345
Other debtors | 140,866 |  | 142,632
| 140,866 |  | 2,012,977

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 8,854 |  | 7,166
Amounts owed to participating interests | - |  | 36,576
Other creditors | 1,681,201 |  | 3,043,770
Taxation and social security | 51,144 |  | 25,481
| 1,741,199 |  | 3,112,993

Page 4
Page 5
J.E.M Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

9. Related Party Transactions
The company had the following related party transations in the year.
Abbey Real Estates (NI) LiimitedRelated by virtue of common controlDuring the year the balance owed by Abbey Real Estate (NI) Limited of £18,320 was written off in full (2024: £18,320).

Abbey Real Estates (NI) Liimited

Related by virtue of common control

During the year the balance owed by Abbey Real Estate (NI) Limited of £18,320 was written off in full (2024: £18,320).

Drumkeen Private Healthcare LimitedRelated by virtue of common controlDuring the year the balance owed by Drumkeen Private Healthcare Limited of £12,599 was written off in full (2024: £12,599).

Drumkeen Private Healthcare Limited

Related by virtue of common control

During the year the balance owed by Drumkeen Private Healthcare Limited of £12,599 was written off in full (2024: £12,599).

Abbey Properties LimitedRelated by virtue of common control.During the year the balance owed by the company to Abbey Properties Limited of £36,576 was written off in full (2024: £36,576).

Abbey Properties Limited

Related by virtue of common control.

During the year the balance owed by the company to Abbey Properties Limited of £36,576 was written off in full (2024: £36,576).

George StoreyDirectorAt the balance sheet date the company owed George Storey £454,520 (2024: £548,973). The loan is unsecured, interest free and repayable on demand.

George Storey

Director

At the balance sheet date the company owed George Storey £454,520 (2024: £548,973). The loan is unsecured, interest free and repayable on demand.

Denis StoreyDirectorAt the balance sheet date the company owed Dennis Storey £796,335 (2024: £1,994,129). The loan is unsecured, interest free and repayable on demand.

Denis Storey

Director

At the balance sheet date the company owed Dennis Storey £796,335 (2024: £1,994,129). The loan is unsecured, interest free and repayable on demand.

Scotch Quarter Developments LimitedRelated by virtue of common control.At the balance sheet date the amount owed by Scotch Quarter Developments Limited was £Nil (2024: £1,839,426)

Scotch Quarter Developments Limited

Related by virtue of common control.

At the balance sheet date the amount owed by Scotch Quarter Developments Limited was £Nil (2024: £1,839,426)

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