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 NI072891 Mr Colin Nelson Anthony Fitzpatrick Mr Jonathan Baird Mr Justin Reid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI072891 2024-12-31 NI072891 2025-12-31 NI072891 2025-01-01 2025-12-31 NI072891 frs-core:CurrentFinancialInstruments 2025-12-31 NI072891 frs-core:Non-currentFinancialInstruments 2025-12-31 NI072891 frs-core:BetweenOneFiveYears 2025-12-31 NI072891 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 NI072891 frs-core:FurnitureFittings 2025-12-31 NI072891 frs-core:FurnitureFittings 2025-01-01 2025-12-31 NI072891 frs-core:FurnitureFittings 2024-12-31 NI072891 frs-core:InvestmentPropertyIncludedWithinPPE 2025-12-31 NI072891 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-01 2025-12-31 NI072891 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 NI072891 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 NI072891 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 NI072891 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 NI072891 frs-core:OtherResidualIntangibleAssets 2025-12-31 NI072891 frs-core:OtherResidualIntangibleAssets 2025-01-01 2025-12-31 NI072891 frs-core:OtherResidualIntangibleAssets 2024-12-31 NI072891 frs-core:PlantMachinery 2025-12-31 NI072891 frs-core:PlantMachinery 2025-01-01 2025-12-31 NI072891 frs-core:PlantMachinery 2024-12-31 NI072891 frs-core:WithinOneYear 2025-12-31 NI072891 frs-core:ShareCapital 2025-12-31 NI072891 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI072891 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI072891 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 NI072891 frs-bus:SmallEntities 2025-01-01 2025-12-31 NI072891 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 NI072891 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 NI072891 frs-bus:Director1 2025-01-01 2025-12-31 NI072891 frs-bus:Director2 2025-01-01 2025-12-31 NI072891 frs-bus:Director3 2025-01-01 2025-12-31 NI072891 frs-bus:Director4 2025-01-01 2025-12-31 NI072891 frs-countries:NorthernIreland 2025-01-01 2025-12-31 NI072891 2023-12-31 NI072891 2024-12-31 NI072891 2024-01-01 2024-12-31 NI072891 frs-core:CurrentFinancialInstruments 2024-12-31 NI072891 frs-core:Non-currentFinancialInstruments 2024-12-31 NI072891 frs-core:BetweenOneFiveYears 2024-12-31 NI072891 frs-core:WithinOneYear 2024-12-31 NI072891 frs-core:ShareCapital 2024-12-31 NI072891 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: NI072891
Bluefield Houseboats Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Gray + Press Accountants
21 Old Channel Road
Unit 4A Channel Wharf
Belfast
Antrim
BT3 9DE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: NI072891
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,618 1,942
Tangible Assets 5 800,960 1,017,048
802,578 1,018,990
CURRENT ASSETS
Stocks 6 144,000 245,000
Debtors 7 111,933 81,068
255,933 326,068
Creditors: Amounts Falling Due Within One Year 8 (666,356 ) (549,215 )
NET CURRENT ASSETS (LIABILITIES) (410,423 ) (223,147 )
TOTAL ASSETS LESS CURRENT LIABILITIES 392,155 795,843
Creditors: Amounts Falling Due After More Than One Year 9 (466,506 ) (500,038 )
NET (LIABILITIES)/ASSETS (74,351 ) 295,805
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Profit and Loss Account (75,351 ) 294,805
SHAREHOLDERS' FUNDS (74,351) 295,805
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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 Jonathan Baird
Director
10/06/2026
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
Bluefield Houseboats Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI072891 . The registered office is Unit 4A Channel Wharf, 21 Old Channel Road, Belfast, County Antrim, BT3 9DE.
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, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets (including purchased goodwill and patents) aare included at cost less accumulated amortisation. Amortisation is charged at 10% straight line.
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 assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 4% Straight Line
Plant & Machinery 15% Reducing Balance
Fixtures & Fittings 20% Straight Line
2.5. 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.
2.6. Leasing and Hire Purchase Contracts
Rentals applicable to oeprating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. 
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The inteest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the oustanding balance of capital repayments. 
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. 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: 2 (2024: 5)
2 5
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 3,238
As at 31 December 2025 3,238
Amortisation
As at 1 January 2025 1,296
Provided during the period 324
As at 31 December 2025 1,620
Net Book Value
As at 31 December 2025 1,618
As at 1 January 2025 1,942
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Page 5
5. Tangible Assets
Land & Property
Freehold Investment Properties Plant & Machinery Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2025 871,922 160,470 89,917 9,419 1,131,728
Additions 40,381 - - - 40,381
Disposals (80,000 ) (160,470 ) - - (240,470 )
As at 31 December 2025 832,303 - 89,917 9,419 931,639
Depreciation
As at 1 January 2025 69,395 - 40,222 5,063 114,680
Provided during the period 25,861 - 7,454 1,884 35,199
Disposals (19,200 ) - - - (19,200 )
As at 31 December 2025 76,056 - 47,676 6,947 130,679
Net Book Value
As at 31 December 2025 756,247 - 42,241 2,472 800,960
As at 1 January 2025 802,527 160,470 49,695 4,356 1,017,048
6. Stocks
2025 2024
£ £
Stock - 170,000
Work in progress 144,000 75,000
144,000 245,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 91,712 43,429
Other debtors 20,221 37,639
111,933 81,068
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,093 7,582
Trade creditors 138,780 142,037
Bank loans and overdrafts 66,473 67,049
Other creditors 447,258 331,443
Taxation and social security 5,752 1,104
666,356 549,215
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Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,093 10,186
Bank loans 464,413 489,852
466,506 500,038
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,093 7,582
Later than one year and not later than five years 2,093 10,186
10,186 17,768
10,186 17,768
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