Acorah Software Products - Accounts Production 19.2.450 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 NI007988 Mrs Beverley Bell Mr Samuel Bell Mr Samuel Bell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI007988 2024-07-31 NI007988 2025-07-31 NI007988 2024-08-01 2025-07-31 NI007988 frs-core:CurrentFinancialInstruments 2025-07-31 NI007988 frs-core:Non-currentFinancialInstruments 2025-07-31 NI007988 frs-core:FurnitureFittings 2025-07-31 NI007988 frs-core:FurnitureFittings 2024-08-01 2025-07-31 NI007988 frs-core:FurnitureFittings 2024-07-31 NI007988 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-07-31 NI007988 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-01 2025-07-31 NI007988 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 NI007988 frs-core:MotorVehicles 2025-07-31 NI007988 frs-core:MotorVehicles 2024-08-01 2025-07-31 NI007988 frs-core:MotorVehicles 2024-07-31 NI007988 frs-core:ShareCapital 2025-07-31 NI007988 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 NI007988 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI007988 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 NI007988 frs-bus:SmallEntities 2024-08-01 2025-07-31 NI007988 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 NI007988 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI007988 frs-core:ListedExchangeTraded 2025-07-31 NI007988 frs-core:ListedExchangeTraded 2024-07-31 NI007988 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-07-31 NI007988 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-07-31 NI007988 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-07-31 NI007988 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-07-31 NI007988 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-07-31 NI007988 frs-bus:Director1 2024-08-01 2025-07-31 NI007988 frs-bus:Director2 2024-08-01 2025-07-31 NI007988 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 NI007988 frs-countries:NorthernIreland 2024-08-01 2025-07-31 NI007988 2023-07-31 NI007988 2024-07-31 NI007988 2023-08-01 2024-07-31 NI007988 frs-core:CurrentFinancialInstruments 2024-07-31 NI007988 frs-core:Non-currentFinancialInstruments 2024-07-31 NI007988 frs-core:ShareCapital 2024-07-31 NI007988 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: NI007988
G.A. Smythe (Business Machines) Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Allen Fleming CA Limited
Chartered Accountants & Chartered Tax Advisors
161-163 Upper Lisburn Road
Finaghy
Belfast
BT10 0LJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: NI007988
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 68,236 78,188
Investments 5 342 259
68,578 78,447
CURRENT ASSETS
Stocks 6 26,890 28,415
Debtors 7 43,889 40,499
Cash at bank and in hand 5,245 8,410
76,024 77,324
Creditors: Amounts Falling Due Within One Year 8 (63,415 ) (58,922 )
NET CURRENT ASSETS (LIABILITIES) 12,609 18,402
TOTAL ASSETS LESS CURRENT LIABILITIES 81,187 96,849
Creditors: Amounts Falling Due After More Than One Year 9 (932 ) (4,932 )
NET ASSETS 80,255 91,917
CAPITAL AND RESERVES
Called up share capital 10 15,000 15,000
Profit and Loss Account 65,255 76,917
SHAREHOLDERS' FUNDS 80,255 91,917
Page 1
Page 2
For the year ending 31 July 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
Mrs Beverley Bell
Director
Mr Samuel Bell
Director
20 July 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
G.A. Smythe (Business Machines) Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI007988 . The registered office is Unit B6, Harbour Court, Heron Road, Airport Road West, BT3 9HB.
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:
Leasehold 5% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. 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.
Page 3
Page 4
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2024 127,236 18,750 55,135 201,121
As at 31 July 2025 127,236 18,750 55,135 201,121
Depreciation
As at 1 August 2024 63,611 4,688 54,634 122,933
Provided during the period 6,361 3,516 75 9,952
As at 31 July 2025 69,972 8,204 54,709 132,885
Net Book Value
As at 31 July 2025 57,264 10,546 426 68,236
As at 1 August 2024 63,625 14,062 501 78,188
5. Investments
Listed
£
Cost or Valuation
As at 1 August 2024 259
Revaluations 83
As at 31 July 2025 342
Provision
As at 1 August 2024 -
As at 31 July 2025 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 July 2025 342
As at 1 August 2024 259
6. Stocks
2025 2024
£ £
Stock 26,890 28,415
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 31,676 28,759
Prepayments and accrued income 11,533 11,010
Other debtors 680 730
43,889 40,499
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,735 4,735
Trade creditors 18,904 15,558
Other taxes and social security 7,732 8,597
Other creditors 4,105 4,105
Accruals and deferred income 22,822 20,810
Directors' loan accounts 5,117 5,117
63,415 58,922
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 932 4,932
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 15,000 15,000
Page 5
Page 6
11. Related Party Transactions
Contained within other creditors are amounts owing to both directors.
Page 6