Acorah Software Products - Accounts Production 19.1.200 false true true 30 April 2024 1 May 2023 false 1 May 2024 31 October 2025 31 October 2025 NI635670 Mrs Adele Webster Mr Vivion Connolly true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI635670 2024-04-30 NI635670 2025-10-31 NI635670 2024-05-01 2025-10-31 NI635670 frs-core:CurrentFinancialInstruments 2025-10-31 NI635670 frs-core:Non-currentFinancialInstruments 2025-10-31 NI635670 frs-core:BetweenOneFiveYears 2025-10-31 NI635670 frs-core:FurnitureFittings 2025-10-31 NI635670 frs-core:FurnitureFittings 2024-05-01 2025-10-31 NI635670 frs-core:FurnitureFittings 2024-04-30 NI635670 frs-core:NetGoodwill 2025-10-31 NI635670 frs-core:NetGoodwill 2024-05-01 2025-10-31 NI635670 frs-core:NetGoodwill 2024-04-30 NI635670 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-10-31 NI635670 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-10-31 NI635670 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 NI635670 frs-core:MotorVehicles 2025-10-31 NI635670 frs-core:MotorVehicles 2024-05-01 2025-10-31 NI635670 frs-core:MotorVehicles 2024-04-30 NI635670 frs-core:PlantMachinery 2025-10-31 NI635670 frs-core:PlantMachinery 2024-05-01 2025-10-31 NI635670 frs-core:PlantMachinery 2024-04-30 NI635670 frs-core:WithinOneYear 2025-10-31 NI635670 frs-core:ShareCapital 2025-10-31 NI635670 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI635670 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-10-31 NI635670 frs-bus:FilletedAccounts 2024-05-01 2025-10-31 NI635670 frs-bus:SmallEntities 2024-05-01 2025-10-31 NI635670 frs-bus:AuditExemptWithAccountantsReport 2024-05-01 2025-10-31 NI635670 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-10-31 NI635670 1 2024-05-01 2025-10-31 NI635670 frs-core:CostValuation 2024-04-30 NI635670 frs-core:DisposalsRepaymentsInvestments 2025-10-31 NI635670 frs-core:CostValuation 2025-10-31 NI635670 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 NI635670 frs-core:ProvisionsForImpairmentInvestments 2025-10-31 NI635670 frs-bus:Director1 2024-05-01 2025-10-31 NI635670 frs-bus:Director1 2024-04-30 NI635670 frs-bus:Director1 2025-10-31 NI635670 frs-bus:Director2 2024-05-01 2025-10-31 NI635670 frs-countries:NorthernIreland 2024-05-01 2025-10-31 NI635670 2023-04-30 NI635670 2024-04-30 NI635670 2023-05-01 2024-04-30 NI635670 frs-core:CurrentFinancialInstruments 2024-04-30 NI635670 frs-core:Non-currentFinancialInstruments 2024-04-30 NI635670 frs-core:BetweenOneFiveYears 2024-04-30 NI635670 frs-core:WithinOneYear 2024-04-30 NI635670 frs-core:ShareCapital 2024-04-30 NI635670 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: NI635670
Connollys Of Moy Ltd
Unaudited Financial Statements
For the Period 1 May 2024 to 31 October 2025
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—8
Page 1
Accountants' Report
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at period ended 31 October 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
MARY MACKLE & CO
16/06/2026
Mary Mackle & Co
Chartered Accountants
73 Charlestown Road
Portadown
Craigavon
BT63 5PP
Page 1
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Balance Sheet
Registered number: NI635670
31 October 2025 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 40,485
Tangible Assets 5 302,445 247,517
Investments 6 116,170 198,670
418,615 486,672
CURRENT ASSETS
Stocks 7 1,105,131 1,102,307
Debtors 8 245,493 28,278
Cash at bank and in hand 472,000 571,380
1,822,624 1,701,965
Creditors: Amounts Falling Due Within One Year 9 (766,894 ) (668,918 )
NET CURRENT ASSETS (LIABILITIES) 1,055,730 1,033,047
TOTAL ASSETS LESS CURRENT LIABILITIES 1,474,345 1,519,719
Creditors: Amounts Falling Due After More Than One Year 10 (85,888 ) (171,126 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (31,075 ) (52,949 )
NET ASSETS 1,357,382 1,295,644
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 1,357,282 1,295,544
SHAREHOLDERS' FUNDS 1,357,382 1,295,644
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For the period 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 Vivion Connolly
Director
16/06/2026
The notes on pages 4 to 8 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Connollys Of Moy Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI635670 . The registered office is Ballycullen Road, Moy, Tyrone.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. 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:
Leasehold 20% RB
Plant & Machinery 20% SL
Motor Vehicles 25%RB
Fixtures & Fittings 20%SL
2.6. 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.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.8. 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.
2.9. 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 period, 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 October 2025 30 April 2024
Office and administration 6 6
Sales, marketing and distribution 13 12
19 18
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2024 363,643
As at 31 October 2025 363,643
Amortisation
As at 1 May 2024 323,158
Provided during the period 40,485
As at 31 October 2025 363,643
Net Book Value
As at 31 October 2025 -
As at 1 May 2024 40,485
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 May 2024 10,170 26,622 305,163 69,026 410,981
Additions - 15,500 264,659 78,962 359,121
Disposals - - (248,600 ) - (248,600 )
As at 31 October 2025 10,170 42,122 321,222 147,988 521,502
Depreciation
As at 1 May 2024 10,170 24,986 75,989 52,319 163,464
Provided during the period - 2,008 25,677 27,908 55,593
As at 31 October 2025 10,170 26,994 101,666 80,227 219,057
Net Book Value
As at 31 October 2025 - 15,128 219,556 67,761 302,445
As at 1 May 2024 - 1,636 229,174 16,707 247,517
6. Investments
Other
£
Cost or Valuation
As at 1 May 2024 198,670
Disposals (82,500 )
As at 31 October 2025 116,170
Provision
As at 1 May 2024 -
As at 31 October 2025 -
Net Book Value
As at 31 October 2025 116,170
As at 1 May 2024 198,670
7. Stocks
31 October 2025 30 April 2024
£ £
Finished goods 1,105,131 1,102,307
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8. Debtors
31 October 2025 30 April 2024
£ £
Due within one year
Trade debtors 81,001 4,359
Prepayments and accrued income 7,625 2,800
Directors' loan accounts 156,867 21,119
245,493 28,278
9. Creditors: Amounts Falling Due Within One Year
31 October 2025 30 April 2024
£ £
Net obligations under finance lease and hire purchase contracts 110,714 20,637
Trade creditors 362,185 380,364
Bank loans and overdrafts 6,627 9,885
Corporation tax 42,785 78,367
Other taxes and social security 21,988 52,662
VAT 129,312 84,192
Net wages - 10,306
Accruals and deferred income 28,841 23,719
Amounts owed to related parties 64,442 8,786
766,894 668,918
10. Creditors: Amounts Falling Due After More Than One Year
31 October 2025 30 April 2024
£ £
Net obligations under finance lease and hire purchase contracts 85,888 159,344
Bank loans - 11,782
85,888 171,126
11. Obligations Under Finance Leases and Hire Purchase
31 October 2025 30 April 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 110,714 20,637
Later than one year and not later than five years 85,888 159,344
196,602 179,981
196,602 179,981
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12. Share Capital
31 October 2025 30 April 2024
£ £
Allotted, Called up and fully paid 100 100
13. Directors Advances, Credits and Guarantees
Included within creditors are the following loans from directors:
As at 1 May 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr Vivion Connolly 21,119 235,748 100,000 - 156,867
The above loan is unsecured, interest has been charged at HMRC approved rates and the balance has been repaid within required periods.
14. Related Party Transactions
Connollys Media LtdShared directorPurchase of services to the value of £284,949 (2024: £160,550). Year end net creditor balance of £47,121 (2024: £8,782) disclosed in creditors note.

Connollys Media Ltd

Shared director

Purchase of services to the value of £284,949 (2024: £160,550). Year end net creditor balance of £47,121 (2024: £8,782) disclosed in creditors note.

15. Ultimate Controlling Party
The company's ultimate controlling party is Mr Vivion Connolly by virtue of his ownership of 55% of the issued share capital in the company.
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