Acorah Software Products - Accounts Production 19.2.450 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 03894721 K R Eakin S C Macdonald iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03894721 2024-12-31 03894721 2025-12-31 03894721 2025-01-01 2025-12-31 03894721 frs-core:CurrentFinancialInstruments 2025-12-31 03894721 frs-core:Non-currentFinancialInstruments 2025-12-31 03894721 frs-core:BetweenOneFiveYears 2025-12-31 03894721 frs-core:FurnitureFittings 2025-12-31 03894721 frs-core:FurnitureFittings 2025-01-01 2025-12-31 03894721 frs-core:FurnitureFittings 2024-12-31 03894721 frs-core:WithinOneYear 2025-12-31 03894721 frs-core:ShareCapital 2025-12-31 03894721 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 03894721 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03894721 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 03894721 frs-bus:SmallEntities 2025-01-01 2025-12-31 03894721 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 03894721 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03894721 frs-core:CostValuation 2024-12-31 03894721 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments 2025-12-31 03894721 frs-core:CostValuation 2025-12-31 03894721 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 03894721 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 03894721 frs-bus:Director1 2025-01-01 2025-12-31 03894721 frs-bus:Director2 2025-01-01 2025-12-31 03894721 frs-countries:EnglandWales 2025-01-01 2025-12-31 03894721 2023-12-31 03894721 2024-12-31 03894721 2024-01-01 2024-12-31 03894721 frs-core:CurrentFinancialInstruments 2024-12-31 03894721 frs-core:Non-currentFinancialInstruments 2024-12-31 03894721 frs-core:BetweenOneFiveYears 2024-12-31 03894721 frs-core:WithinOneYear 2024-12-31 03894721 frs-core:ShareCapital 2024-12-31 03894721 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 03894721
EAKIN MACDONALD & ASSOCIATES LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 03894721
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,985 3,979
Investments 5 - 169,801
2,985 173,780
CURRENT ASSETS
Debtors 6 72,480 67,431
Cash at bank and in hand 7,648 69,267
80,128 136,698
Creditors: Amounts Falling Due Within One Year 7 (149,228 ) (169,088 )
NET CURRENT ASSETS (LIABILITIES) (69,100 ) (32,390 )
TOTAL ASSETS LESS CURRENT LIABILITIES (66,115 ) 141,390
Creditors: Amounts Falling Due After More Than One Year 8 - (10,314 )
NET (LIABILITIES)/ASSETS (66,115 ) 131,076
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement (66,117 ) 131,074
SHAREHOLDERS' FUNDS (66,115) 131,076
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 Income Statement.
On behalf of the board
K R Eakin
Director
S C Macdonald
Director
07/07/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
EAKIN MACDONALD & ASSOCIATES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03894721 . The registered office address is c/o Summit Bookkeeping Ltd, Bryn Awel, Brithdir, Dolgellau, Gwynedd, LL40 2RR.
The principal activity of the companyis that of money broking services to the hotel and leisure industry.
The presentation currency is £ sterling.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the provisions of 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.  The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
The company has taken advantage of the option not to prepare consolidated financial statements contained in section 398, Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.
2.2. Going Concern Disclosure
The Statement of Financial Position shows Net Current Liabilities of £69,100 at 31 December 2025 (2024: £32,390). Included in this sum is a director's loan totalling £135,036 (2024: £148,310).  The director has pledged their continuing financial support to the company by not demanding repayment of their debt unless cashflow from the company's ordinary activities allows.  The loan is interest-free and bears no fixed date for repayment.
After making enquiries the directors have a reasonable expectation that the company has sufficient working capital to continue in operational existence for the foreseeable future and to meet its liabilities as they fall due.  Accordingly, the financial statements have been prepared on the going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates, returns and value added taxes, from the sale of goods and from the rendering of services in the ordinary course of the company's activities. 
The turnover recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the company and specific criteria have been met for each of the company's activities.
2.4. 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 tangible assets as stated in the Statement of Financial Position at cost or valuation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.  The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation is charged at rates calculated to write off the cost or valuation of fixed assets, other than freehold land, less their estimated residual value over their expected useful lives as follows:
Fixtures & Fittings 25% reducing balance
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2.5. 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.
2.6. Business combinations
Business combinations are accounted for using the purchase method.  The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed and equity instruments issued by the group in exchange for control of the acquired plus any costs directly attributable to the business combination.  When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
2.7. Borrowings
Interest-bearing borrowings are initially recorded at fair value net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Income over the period of the relevant borrowing.  Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
2.8. Related party disclosures
For the purposes of these financial statements, a party is considered to be related to the company if:
  1. the party has the ability, directly or indirectly, through one or more intermediaries, to control the company or exercise significant influence over the company in making financial and operating policy decisions, or has joint control over the company;
  2. the company and the party are subject to common control;
  3. the party is an associate of the company or a joint venture in which the company is a venture;
  4. the party is a member of key management personnel of the company or the company's parent, or a close family member of such an individual, or is an entity under the control, joint control or significant influence of such individuals;
  5. the party is a close family member of a party referred to in (i) or is an entity under the control, joint control or significant influence of such individuals;
  6. the party is a post-employment benefit plan which is for the benefit of employees of the company or of any entity that is a related party of the company; or
  7. the party, or any member of a group of which it is part, provides key management personnel services to the company or its parent.
...CONTINUED
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2.8. Related party disclosures - continued
Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the entity.
3. Average Number of Employees
Average number of employees during the year was: NIL (2024: 1)
- 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2025 10,767
As at 31 December 2025 10,767
Depreciation
As at 1 January 2025 6,788
Provided during the period 994
As at 31 December 2025 7,782
Net Book Value
As at 31 December 2025 2,985
As at 1 January 2025 3,979
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2025 169,801
Fair value adjustments (169,801 )
As at 31 December 2025 -
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 169,801
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 72,480 67,431
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,237 1,667
Bank loans and overdrafts 10,313 11,251
Other creditors 136,459 150,686
Taxation and social security 1,219 5,484
149,228 169,088
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 10,314
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Other Commitments
At 31 December 2025 the company had annual commitments in respect of office accommodation costs, under non-cancellable operating leases payable as follows:
2025 2024
£ £
Not later than one year 21,500 20,600
Later than one year and not later than five years 21,500 41,200
43,000 61,800
11. Directors Advances, Credits and Guarantees
Included in note 6 to the financial statements, Debtors, is the following amount owed to the company at 31 December 2025:
Amount owed by a director: £48,198 (2024: £44,586)
Advances totalling £3,612 (2024: £16,156) were made during the year and no repayments (2024: £0) were made by the director.  The loan is unsecured, interest-free and repayable on demand.
12. Related Party Transactions
Exemption has been taken under paragraph 1AC. 35, FRS 102 not to disclose transactions and balances with other group companies that are wholly owned within the group.
Included in note 7 to the financial statements, Creditors: Amounts Falling Due Within One Year, is the following amount owed by the company at 31 December 2025:
Amount owed to a director: £135,036 (2024: £148,310).  The loan in unsecured, interest-free and bears no fixed date for repayment.
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