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 NI600913 Dr James Cromie Mr Robert Devenney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI600913 2024-10-31 NI600913 2025-10-31 NI600913 2024-11-01 2025-10-31 NI600913 frs-core:CurrentFinancialInstruments 2025-10-31 NI600913 frs-core:Non-currentFinancialInstruments 2025-10-31 NI600913 frs-core:BetweenOneFiveYears 2025-10-31 NI600913 frs-core:ComputerEquipment 2025-10-31 NI600913 frs-core:ComputerEquipment 2024-11-01 2025-10-31 NI600913 frs-core:ComputerEquipment 2024-10-31 NI600913 frs-core:FurnitureFittings 2025-10-31 NI600913 frs-core:FurnitureFittings 2024-11-01 2025-10-31 NI600913 frs-core:FurnitureFittings 2024-10-31 NI600913 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 NI600913 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 NI600913 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 NI600913 frs-core:MotorVehicles 2025-10-31 NI600913 frs-core:MotorVehicles 2024-11-01 2025-10-31 NI600913 frs-core:MotorVehicles 2024-10-31 NI600913 frs-core:PlantMachinery 2025-10-31 NI600913 frs-core:PlantMachinery 2024-11-01 2025-10-31 NI600913 frs-core:PlantMachinery 2024-10-31 NI600913 frs-core:WithinOneYear 2025-10-31 NI600913 frs-core:ShareCapital 2025-10-31 NI600913 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI600913 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 NI600913 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 NI600913 frs-bus:SmallEntities 2024-11-01 2025-10-31 NI600913 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 NI600913 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 NI600913 frs-bus:Director1 2024-11-01 2025-10-31 NI600913 frs-bus:Director2 2024-11-01 2025-10-31 NI600913 frs-core:CurrentFinancialInstruments 1 2025-10-31 NI600913 frs-core:CurrentFinancialInstruments 9 2025-10-31 NI600913 frs-countries:NorthernIreland 2024-11-01 2025-10-31 NI600913 2023-10-31 NI600913 2024-10-31 NI600913 2023-11-01 2024-10-31 NI600913 frs-core:CurrentFinancialInstruments 2024-10-31 NI600913 frs-core:Non-currentFinancialInstruments 2024-10-31 NI600913 frs-core:BetweenOneFiveYears 2024-10-31 NI600913 frs-core:WithinOneYear 2024-10-31 NI600913 frs-core:ShareCapital 2024-10-31 NI600913 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 NI600913 frs-core:CurrentFinancialInstruments 1 2024-10-31 NI600913 frs-core:CurrentFinancialInstruments 9 2024-10-31
Registered number: NI600913
Equilibrant Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Proactive Accounting Services Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: NI600913
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 127,931 139,601
127,931 139,601
CURRENT ASSETS
Debtors 5 380,925 173,465
Investments 6 2,100 -
Cash at bank and in hand 137,185 174,852
520,210 348,317
Creditors: Amounts Falling Due Within One Year 7 (375,113 ) (305,207 )
NET CURRENT ASSETS (LIABILITIES) 145,097 43,110
TOTAL ASSETS LESS CURRENT LIABILITIES 273,028 182,711
Creditors: Amounts Falling Due After More Than One Year 8 (13,502 ) (22,877 )
NET ASSETS 259,526 159,834
CAPITAL AND RESERVES
Called up share capital 10 103 103
Profit and Loss Account 259,423 159,731
SHAREHOLDERS' FUNDS 259,526 159,834
Page 1
Page 2
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
Dr James Cromie
Director
27/02/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Equilibrant Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI600913 . The registered office is Unit 45 North Business Centre , Duncairn Gardens , Belfast, BT15 2GG.
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.
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 20% Reducing Balance*
Plant & Machinery 10% Reducing Balance
Motor Vehicles 20% Straight Line
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 33% Reducing Balance
*Diving Equipment
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2024: 14)
16 14
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 November 2024 19,800 29,144 39,495 141,996
Additions - - - -
As at 31 October 2025 19,800 29,144 39,495 141,996
...CONTINUED
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Page 4
Depreciation
As at 1 November 2024 6,970 7,898 3,258 77,329
Provided during the period 2,566 2,124 7,899 6,467
As at 31 October 2025 9,536 10,022 11,157 83,796
Net Book Value
As at 31 October 2025 10,264 19,122 28,338 58,200
As at 1 November 2024 12,830 21,246 36,237 64,667
Computer Equipment Total
£ £
Cost
As at 1 November 2024 12,254 242,689
Additions 10,535 10,535
As at 31 October 2025 22,789 253,224
Depreciation
As at 1 November 2024 7,633 103,088
Provided during the period 3,149 22,205
As at 31 October 2025 10,782 125,293
Net Book Value
As at 31 October 2025 12,007 127,931
As at 1 November 2024 4,621 139,601
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 325,725 161,676
Prepayments and accrued income 45,771 11,789
Corporation tax recoverable assets 9,126 -
380,622 173,465
Due after more than one year
Corporation tax recoverable assets 303 -
380,925 173,465
6. Current Asset Investments
2025 2024
£ £
Short term deposits 2,100 -
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,498 11,498
Trade creditors 5,744 10,189
Bank loans and overdrafts 21,071 7,415
Other taxes and social security 11,661 11,463
VAT 53,040 29,081
Net wages - 480
Other creditors 23,625 23,625
Staff Subsistence Claims 28,545 36,020
Warranty provision 66,897 50,780
Accruals and deferred income 1,500 2,000
Directors' loan accounts 151,532 122,656
375,113 305,207
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 13,502 22,877
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,498 11,498
Later than one year and not later than five years 13,502 22,877
25,000 34,375
25,000 34,375
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 103 103
11. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mr Robert Devenney 37,500 37,500
Dr James Cromie 37,500 37,500
Page 5
Page 6
12. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid - (242,317 )
Final dividend paid 112,509 354,817
112,509 112,500
13. Travel costs
Travel costs are made up of HMRC’s scale rate for cross-border subsistence and normal costs incurred in the course of business. 
The director's spent 61 days of the current financial year's working in Ireland. 
Page 6