Acorah Software Products - Accounts Production 16.4.675 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 NI629142 Mr Bernard Eastwood Mr Eunan Donnelly Mr Bernard Eastwood Wirefox Holding Company true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI629142 2024-06-30 NI629142 2025-06-30 NI629142 2024-07-01 2025-06-30 NI629142 frs-core:CurrentFinancialInstruments 2025-06-30 NI629142 frs-core:Non-currentFinancialInstruments 2025-06-30 NI629142 frs-core:InvestmentPropertyIncludedWithinPPE 2025-06-30 NI629142 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-01 2025-06-30 NI629142 frs-core:InvestmentPropertyIncludedWithinPPE 2024-06-30 NI629142 frs-core:ShareCapital 2025-06-30 NI629142 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 NI629142 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 NI629142 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 NI629142 frs-bus:SmallEntities 2024-07-01 2025-06-30 NI629142 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 NI629142 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 NI629142 1 2024-07-01 2025-06-30 NI629142 frs-bus:Director1 2024-07-01 2025-06-30 NI629142 frs-bus:Director2 2024-07-01 2025-06-30 NI629142 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 NI629142 1 2024-07-01 2025-06-30 NI629142 frs-core:CurrentFinancialInstruments 1 2025-06-30 NI629142 frs-core:CurrentFinancialInstruments 2 2025-06-30 NI629142 frs-countries:NorthernIreland 2024-07-01 2025-06-30 NI629142 2023-06-30 NI629142 2024-06-30 NI629142 2023-07-01 2024-06-30 NI629142 frs-core:CurrentFinancialInstruments 2024-06-30 NI629142 frs-core:Non-currentFinancialInstruments 2024-06-30 NI629142 frs-core:ShareCapital 2024-06-30 NI629142 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 NI629142 1 2023-07-01 2024-06-30 NI629142 frs-core:CurrentFinancialInstruments 1 2024-06-30 NI629142 frs-core:CurrentFinancialInstruments 2 2024-06-30
Registered number: NI629142
Wirefox Ormiston Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: NI629142
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,900,000 2,750,000
1,900,000 2,750,000
CURRENT ASSETS
Debtors 5 57,890 93,623
Cash at bank and in hand 38,734 31,434
96,624 125,057
Creditors: Amounts Falling Due Within One Year 6 (2,569,888 ) (2,651,874 )
NET CURRENT ASSETS (LIABILITIES) (2,473,264 ) (2,526,817 )
TOTAL ASSETS LESS CURRENT LIABILITIES (573,264 ) 223,183
Creditors: Amounts Falling Due After More Than One Year 7 (4,508,453 ) (4,508,453 )
NET LIABILITIES (5,081,717 ) (4,285,270 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (5,081,718 ) (4,285,271 )
SHAREHOLDERS' FUNDS (5,081,717) (4,285,270)
For the year ending 30 June 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 Bernard Eastwood
Director
15/05/2026
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Wirefox Ormiston Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI629142 . The registered office is 2 Downshire Road, Holywood, BT18 9LU.
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
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In addition, the Company will continue to receive group support from Wirefox Holding Company for a period of at least 12 months from the date of signing the financial statements. The company therefore continues to adopt the going concern basis in preparing its financial statements.
2.3. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rental of investment property

Revenue from a contract to lease the property is recognised in the period in which the property is occupied. Any rent-free periods included within the lease agreement are spread across the useful life of the lease, when all the following conditions are met
• the amount of revenue can be measured reliably; and
• it is probably that the Company will receive the consideration due under contract.

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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Page 3
2.6. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.7. Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.8. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Directors 2 2
2 2
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 July 2024 2,750,000
Revaluation (850,000 )
As at 30 June 2025 1,900,000
Net Book Value
As at 30 June 2025 1,900,000
As at 1 July 2024 2,750,000
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 16,810 21,230
Other debtors (1) (Debtors < 1 year) 988 -
Prepayments and accrued income 40,092 72,393
57,890 93,623
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 35,727 51,043
Bank loans and overdrafts 600,000 687,500
Other taxes and social security 8,607 9,442
Other creditors 573 942
Deferred income 23,452 29,349
Accruals 184,630 36,699
Amounts owed to parent undertaking 1,716,899 1,836,899
2,569,888 2,651,874
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to group undertakings 4,508,453 4,508,453
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
The company is exempt from the requirements to disclose transactions with 100% group members in accordance with FRS 102.
10. Ultimate Controlling Party
The company's ultimate controlling party is Wirefox Holding Company by virtue of his ownership of 100% of the issued share capital in the company.
Page 4