Acorah Software Products - Accounts Production 19.2.450 false true false 17 January 2025 31 January 2026 31 January 2026 NI725528 J McCollum O McCollum iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI725528 2025-01-16 NI725528 2026-01-31 NI725528 2025-01-17 2026-01-31 NI725528 frs-core:CurrentFinancialInstruments 2026-01-31 NI725528 frs-core:ShareCapital 2026-01-31 NI725528 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 NI725528 frs-bus:PrivateLimitedCompanyLtd 2025-01-17 2026-01-31 NI725528 frs-bus:FilletedAccounts 2025-01-17 2026-01-31 NI725528 frs-bus:SmallEntities 2025-01-17 2026-01-31 NI725528 frs-bus:AuditExempt-NoAccountantsReport 2025-01-17 2026-01-31 NI725528 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-17 2026-01-31 NI725528 frs-bus:Director1 2025-01-17 2026-01-31 NI725528 frs-bus:Director1 2025-01-16 NI725528 frs-bus:Director1 2026-01-31 NI725528 frs-bus:Director2 2025-01-17 2026-01-31 NI725528 frs-bus:Director2 2025-01-16 NI725528 frs-bus:Director2 2026-01-31 NI725528 frs-countries:NorthernIreland 2025-01-17 2026-01-31
Registered number: NI725528
Massey Investment Properties Ltd
Unaudited Financial Statements
For the Period 17 January 2025 to 31 January 2026
SJK Chartered Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: NI725528
31 January 2026
Notes £ £
FIXED ASSETS
Investment Properties 4 197,862
197,862
CURRENT ASSETS
Cash at bank and in hand 2,203
2,203
Creditors: Amounts Falling Due Within One Year 5 (229,033 )
NET CURRENT ASSETS (LIABILITIES) (226,830 )
TOTAL ASSETS LESS CURRENT LIABILITIES (28,968 )
NET LIABILITIES (28,968 )
CAPITAL AND RESERVES
Called up share capital 6 101
Profit and Loss Account (29,069 )
SHAREHOLDERS' FUNDS (28,968)
For the period ending 31 January 2026 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
O McCollum
Director
14 August 2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Massey Investment Properties Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI725528 . The registered office is c/o SJK Chartered Accountants, 8 Bridge Road, Moira, Co. Armagh, BT67 0PF.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Investment Property
31 January 2026
£
Fair Value
As at 17 January 2025 -
Additions 197,862
As at 31 January 2026 197,862
The directors consider the above value of investment properties to reflect the market value at 31 January 2026.
5. Creditors: Amounts Falling Due Within One Year
31 January 2026
£
Other loans 228,343
Accruals and deferred income 690
229,033
Page 2
Page 3
6. Share Capital
31 January 2026
£
Allotted, Called up and fully paid 101
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 17 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr John McCollum - 114,222 114,222 - -
Mrs Orna McCollum - 114,222 114,222 - -
The above loan is unsecured, interest free and repayable on demand.
Page 3