Acorah Software Products - Accounts Production 19.3.600 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 SC375388 Mr K O'Hara iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC375388 2025-03-31 SC375388 2026-03-31 SC375388 2025-04-01 2026-03-31 SC375388 frs-core:CurrentFinancialInstruments 2026-03-31 SC375388 frs-core:ComputerEquipment 2026-03-31 SC375388 frs-core:ComputerEquipment 2025-04-01 2026-03-31 SC375388 frs-core:ComputerEquipment 2025-03-31 SC375388 frs-core:FurnitureFittings 2026-03-31 SC375388 frs-core:FurnitureFittings 2025-04-01 2026-03-31 SC375388 frs-core:FurnitureFittings 2025-03-31 SC375388 frs-core:ShareCapital 2026-03-31 SC375388 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 SC375388 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 SC375388 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC375388 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 SC375388 frs-bus:SmallEntities 2025-04-01 2026-03-31 SC375388 frs-bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 SC375388 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC375388 frs-core:DeferredTaxation 2025-04-01 2026-03-31 SC375388 frs-core:DeferredTaxation 2025-03-31 SC375388 frs-core:DeferredTaxation 2026-03-31 SC375388 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2026-03-31 SC375388 frs-core:ListedExchangeTraded 2026-03-31 SC375388 frs-core:ListedExchangeTraded 2025-03-31 SC375388 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 SC375388 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2026-03-31 SC375388 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2026-03-31 SC375388 frs-core:CostValuation frs-core:ListedExchangeTraded 2026-03-31 SC375388 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 SC375388 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-03-31 SC375388 frs-bus:Director1 2025-04-01 2026-03-31 SC375388 frs-bus:Director1 2025-03-31 SC375388 frs-bus:Director1 2026-03-31 SC375388 frs-countries:Scotland 2025-04-01 2026-03-31 SC375388 2024-03-31 SC375388 2025-03-31 SC375388 2024-04-01 2025-03-31 SC375388 frs-core:CurrentFinancialInstruments 2025-03-31 SC375388 frs-core:ShareCapital 2024-03-31 SC375388 frs-core:ShareCapital 2025-03-31 SC375388 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 SC375388 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-03-31 SC375388 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC375388 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 SC375388 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31
Registered number: SC375388
Near Orient Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Nuvo Scotland Limited
Near Orient Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Statement of Changes in Equity | 4
Notes to the Financial Statements | 5—8

Page 1
Near Orient Ltd
Accountants' Report
For The Year Ended 31 March 2026
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Near Orient Ltd for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Near Orient Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Near Orient Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Near Orient Ltd and state those matters that we have agreed to state to the director of Near Orient Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Near Orient Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Near Orient Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Near Orient Ltd . You consider that Near Orient Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Near Orient Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

10 August 2026

Nuvo Scotland Limited
Office 2&3
Thainstone Business Centre
Thainstone
Inverurie
AB51 5TB
Page 1
Page 2
Near Orient Ltd
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: SC375388

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 475 |  | 603
Investments | 5 |  | 28,485 |  | 37,692
|  |  | 28,960 |  | 38,295
CURRENT ASSETS
Debtors | 6 | 32,944 |  | 17,974 |
Cash at bank and in hand |  | 216,771 |  | 244,289 |
|  | 249,715 |  | 262,263 |
Creditors: Amounts Falling Due Within One Year | 7 | (28,649 ) |  | (27,967 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 221,066 |  | 234,296
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 250,026 |  | 272,591
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (2,463 ) |  | (2,264 )
NET ASSETS |  |  | 247,563 |  | 270,327
CAPITAL AND RESERVES
Called up share capital |  |  | 100 |  | 100
Fair value reserve |  |  | 7,390 |  | 6,791
Profit and Loss Account |  |  | 240,073 |  | 263,436
SHAREHOLDERS' FUNDS |  |  | 247,563 |  | 270,327

Page 2
Page 3
Near Orient Ltd
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The financial statements were approved by the board of directors on 3 August 2026 and were signed on its behalf by:

Mr K O'Hara Director
3 August 2026

The notes on pages 5 to 8 form part of these financial statements.
Page 3
Page 4
Near Orient Ltd
Statement of Changes in Equity
For The Year Ended 31 March 2026
Statement of Changes in Equity

| Share Capital | Fair value reserve | Profit and Loss Account | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
As at 1 April 2024 | 100 | 5,294 | 259,459 | 264,853
Profit for the year and total comprehensive income | - | - | 90,599 | 90,599
Dividends paid | - | - | (85,125) | (85,125)
Revaluation | - | 1,497 | - | 1,497
Transfer from revaluation reserve | - | - | (1,497) | (1,497)
As at 31 March 2025 and 1 April 2025 | 100 | 6,791 | 263,436 | 270,327
Profit for the year and total comprehensive income | - | - | 65,679 | 65,679
Dividends paid | - | - | (88,443) | (88,443)
Revaluation | - | 599 | - | 599
Transfer from revaluation reserve | - | - | (599) | (599)
As at 31 March 2026 | 100 | 7,390 | 240,073 | 247,563

Page 4
Page 5
Near Orient Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Near Orient Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC375388 . The registered office is C/O Nuvo Scotland Limited, Bankhead Drive, City South Office Park, Portlethen, Aberdeenshire, AB12 4XX.
The presentation currency of the financial statements is the Pound Sterling (£).
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. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.
2.3. 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.
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.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively. 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 | 25% on cost
Computer Equipment | 33% on cost

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.
2.5. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.
...CONTINUED
Page 5
Page 6
Near Orient Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
2.5. Financial Instruments - continued
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
2.6. 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
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: 1 (2025: 1)
1 1
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2025 | 1,602 | 1,796 | 3,398
Additions | 248 | - | 248
As at 31 March 2026 | 1,850 | 1,796 | 3,646
Depreciation
As at 1 April 2025 | 1,160 | 1,635 | 2,795
Provided during the period | 215 | 161 | 376
As at 31 March 2026 | 1,375 | 1,796 | 3,171
Net Book Value
As at 31 March 2026 | 475 | - | 475
As at 1 April 2025 | 442 | 161 | 603

Page 6
Page 7
Near Orient Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
5. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 April 2025 | 37,692
Disposals | (13,115 )
Revaluations | 3,908
As at 31 March 2026 | 28,485
Provision
As at 1 April 2025 | -
As at 31 March 2026 | -
Net Book Value
As at 31 March 2026 | 28,485
As at 1 April 2025 | 37,692

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 22,853 |  | -
Prepayments and accrued income | 715 |  | 555
Other debtors | - |  | 17,194
VAT | - |  | 225
Director's loan account | 9,376 |  | -
| 32,944 |  | 17,974

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 33
Corporation tax | 18,315 |  | 27,186
Other taxes and social security | 659 |  | 436
VAT | 9,675 |  | -
Director's loan account | - |  | 312
| 28,649 |  | 27,967

8. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 April 2025 | 2,264 | 2,264
Additions | 199 | 199
Balance at 31 March 2026 | 2,463 | 2,463

Page 7
Page 8
Near Orient Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Kenneth O'Hara | (312 ) | 10,000 | (312 ) | - | 9,376

The above loan is interest free and has no fixed repayment terms.
Page 8