Acorah Software Products - Accounts Production 19.2.450 false true 30 June 2024 1 July 2023 false 22 June 2026 1 July 2024 30 June 2025 30 June 2025 NI065073 Mr Peter Robinson Mr John Robinson Mr Paul Hearn true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI065073 2024-06-30 NI065073 2025-06-30 NI065073 2024-07-01 2025-06-30 NI065073 frs-core:ComputerEquipment 2024-07-01 2025-06-30 NI065073 frs-core:MotorVehicles 2024-07-01 2025-06-30 NI065073 frs-core:ShareCapital 2025-06-30 NI065073 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 NI065073 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 NI065073 frs-bus:AbridgedAccounts 2024-07-01 2025-06-30 NI065073 frs-bus:SmallEntities 2024-07-01 2025-06-30 NI065073 frs-bus:Audited 2024-07-01 2025-06-30 NI065073 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 NI065073 1 2024-07-01 2025-06-30 NI065073 frs-bus:Director1 2024-07-01 2025-06-30 NI065073 frs-bus:Director2 2024-07-01 2025-06-30 NI065073 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 NI065073 frs-countries:NorthernIreland 2024-07-01 2025-06-30 NI065073 2023-06-30 NI065073 2024-06-30 NI065073 2023-07-01 2024-06-30 NI065073 frs-core:ShareCapital 2024-06-30 NI065073 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: NI065073
Moyallen Developments Limited
ABRIDGED Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: NI065073
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 698
- 698
CURRENT ASSETS
Debtors 33,136 163,928
Cash at bank and in hand 1,433,012 1,482,944
1,466,148 1,646,872
Creditors: Amounts Falling Due Within One Year (602,084 ) (861,205 )
NET CURRENT ASSETS (LIABILITIES) 864,064 785,667
TOTAL ASSETS LESS CURRENT LIABILITIES 864,064 786,365
NET ASSETS 864,064 786,365
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 864,062 786,363
SHAREHOLDERS' FUNDS 864,064 786,365
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 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr John Robinson
Director
22/06/2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Moyallen Developments Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI065073 . The registered office is 56 Upper English Street , Armagh, Co. Armagh, BT61 7LG.
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.
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:
Motor Vehicles 25% on cost
Computer Equipment 50% on cost
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 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 year, 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 year was: 4 (2024: 3)
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Page 2
Page 3
4. Tangible Assets
Total
£
Cost
As at 1 July 2024 51,816
Disposals (20 )
As at 30 June 2025 51,796
Depreciation
As at 1 July 2024 51,118
Provided during the period 698
Disposals (20 )
As at 30 June 2025 51,796
Net Book Value
As at 30 June 2025 -
As at 1 July 2024 698
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
6. Ultimate Controlling Party
The holding and controlling company is Moyallen Holdings Limited, a company registered in Northern Ireland. Copies of the financial statements of Moyallen Holdings Limited are available from Companies House.
7. Audit Information
The auditor's report on the accounts of Moyallen Developments Limited for the year ended 30 June 2025 was unqualified.
The auditor's report was signed by James Robinson FCCA (Senior Statutory Auditor) for and on behalf of WHR Accountants Ltd , Statutory Auditor.
WHR Accountants Ltd
Chartered Certified Accountants
56 Upper English Street
Armagh
Co. Armagh
BT61 7LG
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