Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 NI637128 Mr Robert McFarland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI637128 2024-08-31 NI637128 2025-08-31 NI637128 2024-09-01 2025-08-31 NI637128 frs-core:CurrentFinancialInstruments 2025-08-31 NI637128 frs-core:Non-currentFinancialInstruments 2025-08-31 NI637128 frs-core:FurnitureFittings 2024-09-01 2025-08-31 NI637128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 NI637128 frs-core:PlantMachinery 2024-09-01 2025-08-31 NI637128 frs-core:RevaluationReserve 2024-09-01 2025-08-31 NI637128 frs-core:RevaluationReserve 2024-08-31 NI637128 frs-core:RevaluationReserve 2025-08-31 NI637128 frs-core:ShareCapital 2025-08-31 NI637128 frs-core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 NI637128 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-08-31 NI637128 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 NI637128 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 NI637128 frs-bus:AbridgedAccounts 2024-09-01 2025-08-31 NI637128 frs-bus:SmallEntities 2024-09-01 2025-08-31 NI637128 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 NI637128 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 NI637128 frs-bus:Director1 2024-09-01 2025-08-31 NI637128 frs-countries:NorthernIreland 2024-09-01 2025-08-31 NI637128 2023-08-31 NI637128 2024-08-31 NI637128 2023-09-01 2024-08-31 NI637128 frs-core:CurrentFinancialInstruments 2024-08-31 NI637128 frs-core:Non-currentFinancialInstruments 2024-08-31 NI637128 frs-core:RevaluationReserve 2024-08-31 NI637128 frs-core:ShareCapital 2024-08-31 NI637128 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: NI637128
360 Leisure Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2025
DNTCA Ltd
Chartered Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: NI637128
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48,758 59,535
Investment Properties 5 4,929,252 4,805,185
4,978,010 4,864,720
CURRENT ASSETS
Debtors 308,509 13,036
Cash at bank and in hand 745 13,553
309,254 26,589
Creditors: Amounts Falling Due Within One Year (1,887,506 ) (2,474,507 )
NET CURRENT ASSETS (LIABILITIES) (1,578,252 ) (2,447,918 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,399,758 2,416,802
Creditors: Amounts Falling Due After More Than One Year (1,843,829 ) (1,163,935 )
NET ASSETS 1,555,929 1,252,867
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 1,675,398 1,502,451
Profit and Loss Account (119,569 ) (249,684 )
SHAREHOLDERS' FUNDS 1,555,929 1,252,867
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Robert McFarland
Director
28 May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
360 Leisure Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI637128 . The registered office is 22b High Street, Portadown, Craigavon, Co. Armagh, BT62 1HZ.
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 no depreciation
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: 1)
- 1
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4. Tangible Assets
Total
£
Cost or Valuation
As at 1 September 2024 157,626
Additions 1,413
As at 31 August 2025 159,039
Depreciation
As at 1 September 2024 98,091
Provided during the period 12,190
As at 31 August 2025 110,281
Net Book Value
As at 31 August 2025 48,758
As at 1 September 2024 59,535
5. Investment Property
2025
£
Fair Value
As at 1 September 2024 4,805,185
Additions 126,120
Disposals (175,000 )
Revaluations 172,947
As at 31 August 2025 4,929,252
6. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
Page 4
Page 5
7. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 September 2024 1,502,451 (249,684 )
Profit for year - 130,115
Deficit on revaluation 172,947 -
Other comprehensive income for the year 172,947 -
Total comprehensive income for the year 172,947 130,115
As at 31 August 2025 1,675,398 (119,569 )
Page 5