Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 09357773 Mr Adrian Johnson Mr George Christodoulou Mr George Christodoulou Mr Adrian Johnson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09357773 2024-12-31 09357773 2025-12-31 09357773 2025-01-01 2025-12-31 09357773 frs-core:CurrentFinancialInstruments 2025-12-31 09357773 frs-core:Non-currentFinancialInstruments 2025-12-31 09357773 frs-core:ShareCapital 2025-12-31 09357773 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 09357773 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09357773 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 09357773 frs-bus:SmallEntities 2025-01-01 2025-12-31 09357773 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09357773 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09357773 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 09357773 frs-bus:OrdinaryShareClass1 2025-12-31 09357773 frs-bus:PreferenceShareClass1 2025-01-01 2025-12-31 09357773 frs-bus:PreferenceShareClass1 2025-12-31 09357773 1 2025-01-01 2025-12-31 09357773 frs-core:CostValuation 2024-12-31 09357773 frs-core:AdditionsToInvestments 2025-12-31 09357773 frs-core:DisposalsRepaymentsInvestments 2025-12-31 09357773 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-12-31 09357773 frs-core:CostValuation 2025-12-31 09357773 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 09357773 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 09357773 frs-core:ListedExchangeTraded 2025-12-31 09357773 frs-core:ListedExchangeTraded 2024-12-31 09357773 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 09357773 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-12-31 09357773 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2025-12-31 09357773 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-12-31 09357773 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-12-31 09357773 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 09357773 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-12-31 09357773 frs-core:UnlistedNon-exchangeTraded 2025-12-31 09357773 frs-core:UnlistedNon-exchangeTraded 2024-12-31 09357773 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 09357773 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 09357773 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 09357773 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 09357773 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 09357773 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 09357773 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 09357773 frs-bus:Director1 2025-01-01 2025-12-31 09357773 frs-bus:Director2 2025-01-01 2025-12-31 09357773 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 09357773 frs-countries:EnglandWales 2025-01-01 2025-12-31 09357773 2023-12-31 09357773 2024-12-31 09357773 2024-01-01 2024-12-31 09357773 frs-core:CurrentFinancialInstruments 2024-12-31 09357773 frs-core:Non-currentFinancialInstruments 2024-12-31 09357773 frs-core:ShareCapital 2024-12-31 09357773 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09357773 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 09357773 frs-bus:PreferenceShareClass1 2024-01-01 2024-12-31
Registered number: 09357773
Nankilly Investments Ltd
Financial Statements
For The Year Ended 31 December 2025
Christie & Co
Certified Public Accountants
Crews Hill Golf Club
Cattlegate Road
Enfield
EN2 8AZ
Nankilly Investments Ltd
Contents
Contents

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

Page 1
Nankilly Investments Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 09357773

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments | 4 |  | 1,313,863 |  | 1,056,987
|  |  | 1,313,863 |  | 1,056,987
CURRENT ASSETS
Debtors | 5 | 1,564,743 |  | 1,548,221 |
Cash at bank and in hand |  | 44,901 |  | 158,970 |
|  | 1,609,644 |  | 1,707,191 |
Creditors: Amounts Falling Due Within One Year | 6 | (6,922 ) |  | (17,866 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,602,722 |  | 1,689,325
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,916,585 |  | 2,746,312
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,606,257 ) |  | (1,356,276 )
NET ASSETS |  |  | 1,310,328 |  | 1,390,036
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2,100,000 |  | 2,100,000
Profit and Loss Account |  |  | (789,672 ) |  | (709,964 )
SHAREHOLDERS' FUNDS |  |  | 1,310,328 |  | 1,390,036

Page 1
Page 2
Nankilly Investments Ltd
Balance Sheet (continued)
As At 31 December 2025
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

Mr Adrian Johnson Director
14/05/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Nankilly Investments Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Nankilly Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09357773 . The registered office is Christie & Co, Crews Hill Golf Club, Cattlegate Road, Enfield, EN2 8AZ.
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. Financial Instruments
Investments in shares that are not group companies are measured at fair value, where possible, with any unrealised or realised gains or losses reflected in the profit or loss.
2.3. 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.
2.4. 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.
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.
2.5. Income
U.K. dividend income from investments is recognised on an accruals basis.
Interest income from investments is accounted for on an accruals basis and received gross.
Bank and other interest is accounted for an an accruals basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investments

| Listed | Unlisted | Other | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost or Valuation
As at 1 January 2025 | 28,741 | 1,027,246 | 1,000 | 1,056,987
Additions | 59,964 | 237,453 | - | 297,417
Disposals | (19,958 ) | (26,144 ) | - | (46,102 )
Revaluations | - | 5,561 | - | 5,561
As at 31 December 2025 | 68,747 | 1,244,116 | 1,000 | 1,313,863
Provision
As at 1 January 2025 | - | - | - | -
As at 31 December 2025 | - | - | - | -

...CONTINUED
Page 3
Page 4
Nankilly Investments Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025 | 68,747 | 1,244,116 | 1,000 | 1,313,863
As at 1 January 2025 | 28,741 | 1,027,246 | 1,000 | 1,056,987

The company holds 30% of the issued ordinary share capital of Gatti Homes Ltd, a non-trading associate undertaking incorporated in the United Kingdom.
The investment is included in fixed asset investments and is measured at cost less impairment in accordance with FRS 102.
Following a review undertaken at 31 December 2024, the directors concluded that the carrying value of the investment was no longer recoverable. Accordingly, the investment was fully impaired and revalued to £0 at the reporting date.
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due after more than one year
Amounts recoverable on contracts | 268,000 |  | 268,000
Amounts owed by subsidiaries | 1,296,743 |  | 1,214,333
Amounts owed by associates | - |  | 65,888
| 1,564,743 |  | 1,548,221

Amounts recoverable on contracts due after more than on year include secured charges of £268,000.
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 228 |  | 11,866
Other creditors | 694 |  | -
Accruals and deferred income | 6,000 |  | 6,000
| 6,922 |  | 17,866

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Directors loan account | 1,606,257 |  | 1,356,276

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100,000 Ordinary Shares of £ 1.000 each | 100,000 |  | 100,000

Preference Shares

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
2,000,000 Preference Shares of £ 1.000 each | 2,000,000 |  | 2,000,000

Page 4
Page 5
Nankilly Investments Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Related Party Transactions
Gatti Homes Limited30% AssociateAmounts owed by associate company due after more than one year £0 (2024: £65,888)

Gatti Homes Limited

30% Associate

Amounts owed by associate company due after more than one year £0 (2024: £65,888)

Nankilly Ventures LtdWholly owned subsidiaryAmounts owed by subsidiary due after more than one year £1,296,743 (2024: £1,214,333)

Nankilly Ventures Ltd

Wholly owned subsidiary

Amounts owed by subsidiary due after more than one year £1,296,743 (2024: £1,214,333)

The above related party transactions have been agreed on normal commercial terms and at arms length.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Adrian Johnson by virtue of his ownership of 75% of the issued share capital in the company.
Page 5