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 NI693100 Mr P Smith Mrs G Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI693100 2024-12-31 NI693100 2025-12-31 NI693100 2025-01-01 2025-12-31 NI693100 frs-core:CurrentFinancialInstruments 2025-12-31 NI693100 frs-core:Non-currentFinancialInstruments 2025-12-31 NI693100 frs-core:FurnitureFittings 2025-12-31 NI693100 frs-core:FurnitureFittings 2025-01-01 2025-12-31 NI693100 frs-core:FurnitureFittings 2024-12-31 NI693100 frs-core:RevaluationReserve 2025-01-01 2025-12-31 NI693100 frs-core:RevaluationReserve 2024-12-31 NI693100 frs-core:RevaluationReserve 2025-12-31 NI693100 frs-core:ShareCapital 2025-12-31 NI693100 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 NI693100 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 NI693100 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI693100 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI693100 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 NI693100 frs-bus:SmallEntities 2025-01-01 2025-12-31 NI693100 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 NI693100 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 NI693100 frs-bus:Director1 2025-01-01 2025-12-31 NI693100 frs-bus:Director1 2024-12-31 NI693100 frs-bus:Director1 2025-12-31 NI693100 frs-bus:Director2 2025-01-01 2025-12-31 NI693100 frs-countries:NorthernIreland 2025-01-01 2025-12-31 NI693100 2023-12-31 NI693100 2024-12-31 NI693100 2024-01-01 2024-12-31 NI693100 frs-core:CurrentFinancialInstruments 2024-12-31 NI693100 frs-core:Non-currentFinancialInstruments 2024-12-31 NI693100 frs-core:RevaluationReserve 2024-12-31 NI693100 frs-core:ShareCapital 2024-12-31 NI693100 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: NI693100
Eleventh Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
SJK Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI693100
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,345 423
Investment Properties 5 531,238 276,888
534,583 277,311
CURRENT ASSETS
Debtors 6 61,628 -
Cash at bank and in hand 37,233 5,269
98,861 5,269
Creditors: Amounts Falling Due Within One Year 7 (133,583 ) (101,976 )
NET CURRENT ASSETS (LIABILITIES) (34,722 ) (96,707 )
TOTAL ASSETS LESS CURRENT LIABILITIES 499,861 180,604
Creditors: Amounts Falling Due After More Than One Year 8 (395,906 ) (270,748 )
NET ASSETS/(LIABILITIES) 103,955 (90,144 )
CAPITAL AND RESERVES
Called up share capital 9 200 200
Revaluation reserve 11 231,638 -
Profit and Loss Account (127,883 ) (90,344 )
SHAREHOLDERS' FUNDS 103,955 (90,144)
Page 1
Page 2
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 P Smith
Director
17 April 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Eleventh Investments Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI693100 . The registered office is 42 Tullyglush Road, Banbridge, BT32 3TN.
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:
Fixtures & Fittings 18% 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: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 January 2025 516
Additions 3,677
As at 31 December 2025 4,193
Depreciation
As at 1 January 2025 93
Provided during the period 755
As at 31 December 2025 848
...CONTINUED
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Net Book Value
As at 31 December 2025 3,345
As at 1 January 2025 423
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 276,888
Additions 22,712
Revaluations 231,638
As at 31 December 2025 531,238
The directors consider the above value of investment properties to reflect the market value at 31 December 2025.
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 61,628 -
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 31,253 -
Accruals and deferred income 690 648
Directors' loan accounts 101,640 101,328
133,583 101,976
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 395,906 270,748
Securities for the bank facilities are as follows:
- First legal mortgage over the property at 11 The Mount, Belfast, BT5 4NA.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
Page 4
Page 5
10. Directors Advances, Credits and Guarantees
Included within creditors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Peter Smith (101,328 ) (20,312 ) 20,000 - (101,640 )
The above loan is unsecured, interest free and repayable on demand.
11. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 January 2025 - (90,344 )
Profit for the year and total comprehensive income - 194,099
Transfer from revaluation reserve - (231,638)
Transfer to/from Profit & Loss Account 231,638 -
As at 31 December 2025 231,638 (127,883 )
Page 5