Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 NI640693 Mr Andrew Brodison Mrs Jane Brodison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI640693 2024-10-31 NI640693 2025-10-31 NI640693 2024-11-01 2025-10-31 NI640693 frs-core:CurrentFinancialInstruments 2025-10-31 NI640693 frs-core:Non-currentFinancialInstruments 2025-10-31 NI640693 frs-core:FurnitureFittings 2025-10-31 NI640693 frs-core:FurnitureFittings 2024-11-01 2025-10-31 NI640693 frs-core:FurnitureFittings 2024-10-31 NI640693 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 NI640693 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 NI640693 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 NI640693 frs-core:MotorVehicles 2025-10-31 NI640693 frs-core:MotorVehicles 2024-11-01 2025-10-31 NI640693 frs-core:MotorVehicles 2024-10-31 NI640693 frs-core:PlantMachinery 2025-10-31 NI640693 frs-core:PlantMachinery 2024-11-01 2025-10-31 NI640693 frs-core:PlantMachinery 2024-10-31 NI640693 frs-core:ShareCapital 2025-10-31 NI640693 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI640693 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 NI640693 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 NI640693 frs-bus:SmallEntities 2024-11-01 2025-10-31 NI640693 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 NI640693 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 NI640693 frs-bus:Director1 2024-11-01 2025-10-31 NI640693 frs-bus:Director2 2024-11-01 2025-10-31 NI640693 frs-countries:NorthernIreland 2024-11-01 2025-10-31 NI640693 2023-10-31 NI640693 2024-10-31 NI640693 2023-11-01 2024-10-31 NI640693 frs-core:CurrentFinancialInstruments 2024-10-31 NI640693 frs-core:Non-currentFinancialInstruments 2024-10-31 NI640693 frs-core:ShareCapital 2024-10-31 NI640693 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: NI640693
ARB Process Engineering Limited
Unaudited Financial Statements
For The Year Ended 31 October 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—5
Page 1
Balance Sheet
Registered number: NI640693
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,384,642 1,579,093
1,384,642 1,579,093
CURRENT ASSETS
Stocks 5 2,413,019 930,002
Debtors 6 2,874,136 2,750,269
Cash at bank and in hand 2,469,012 1,208,715
7,756,167 4,888,986
Creditors: Amounts Falling Due Within One Year 7 (4,467,159 ) (3,643,927 )
NET CURRENT ASSETS (LIABILITIES) 3,289,008 1,245,059
TOTAL ASSETS LESS CURRENT LIABILITIES 4,673,650 2,824,152
Creditors: Amounts Falling Due After More Than One Year 8 (1,653,703 ) (560,261 )
NET ASSETS 3,019,947 2,263,891
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 3,019,847 2,263,791
SHAREHOLDERS' FUNDS 3,019,947 2,263,891
Page 1
Page 2
For the year ending 31 October 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 Andrew Brodison
Director
28/07/2026
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
ARB Process Engineering Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI640693 . The registered office is 36 Agharan Road, Dungannon, County Tyrone, BT71 4HG.
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:
Freehold 4% Straight Line
Plant & Machinery 20% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Straight Line
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating 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 interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
2.5. Stocks and Work in Progress
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
2.7. 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.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 9)
10 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 November 2024 356,040 1,525,084 248,058 34,164 2,163,346
Additions 239,869 64,306 85,400 23,335 412,910
Disposals - (508,000 ) (21,000 ) - (529,000 )
As at 31 October 2025 595,909 1,081,390 312,458 57,499 2,047,256
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 November 2024 2,598 481,137 96,948 3,570 584,253
Provided during the period 14,519 194,042 49,247 8,146 265,954
Disposals - (170,867 ) (16,726 ) - (187,593 )
As at 31 October 2025 17,117 504,312 129,469 11,716 662,614
Net Book Value
As at 31 October 2025 578,792 577,078 182,989 45,783 1,384,642
As at 1 November 2024 353,442 1,043,947 151,110 30,594 1,579,093
5. Stocks
2025 2024
£ £
Stock 2,413,019 930,002
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,808,548 1,981,600
Other debtors 1,065,588 768,669
2,874,136 2,750,269
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 334,164 166,815
Trade creditors 1,988,352 1,581,954
Bank loans and overdrafts 79,739 124,727
Amounts owed to group undertakings 300,126 241,643
Other creditors 1,578,385 1,311,640
Taxation and social security 186,393 217,148
4,467,159 3,643,927
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 1,528,817 358,753
Bank loans 124,886 201,508
1,653,703 560,261
9. Related Party Transactions
A number of assets were bought, built and commissioned by ARB Process Engineering Limited and leased for operation to ARB (Bellshill) Limited. The term and pricing is under annual review by management.
Included in other debtors is amounts the company is owed from related parties totalling £293 (2024 - £350,293).
Page 5