Acorah Software Products - Accounts Production 19.4.300 false true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 12682145 Mr G Binning Miss M T Binning iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12682145 2025-06-30 12682145 2026-06-30 12682145 2025-07-01 2026-06-30 12682145 frs-core:CurrentFinancialInstruments 2026-06-30 12682145 frs-core:Non-currentFinancialInstruments 2026-06-30 12682145 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 12682145 frs-core:RevaluationReserve 2025-06-30 12682145 frs-core:RevaluationReserve 2026-06-30 12682145 frs-core:ShareCapital 2026-06-30 12682145 frs-core:RetainedEarningsAccumulatedLosses 2025-07-01 2026-06-30 12682145 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-06-30 12682145 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 12682145 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 12682145 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 12682145 frs-bus:SmallEntities 2025-07-01 2026-06-30 12682145 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 12682145 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 12682145 frs-core:CostValuation 2025-06-30 12682145 frs-core:AdditionsToInvestments 2026-06-30 12682145 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments 2026-06-30 12682145 frs-core:CostValuation 2026-06-30 12682145 frs-core:ListedExchangeTraded 2026-06-30 12682145 frs-core:ListedExchangeTraded 2025-06-30 12682145 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-06-30 12682145 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2026-06-30 12682145 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments frs-core:ListedExchangeTraded 2026-06-30 12682145 frs-core:CostValuation frs-core:ListedExchangeTraded 2026-06-30 12682145 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-06-30 12682145 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-06-30 12682145 frs-core:UnlistedNon-exchangeTraded 2026-06-30 12682145 frs-core:UnlistedNon-exchangeTraded 2025-06-30 12682145 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-06-30 12682145 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2026-06-30 12682145 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments frs-core:UnlistedNon-exchangeTraded 2026-06-30 12682145 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2026-06-30 12682145 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-06-30 12682145 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2026-06-30 12682145 frs-bus:Director1 2025-07-01 2026-06-30 12682145 frs-bus:Director2 2025-07-01 2026-06-30 12682145 frs-countries:EnglandWales 2025-07-01 2026-06-30 12682145 2024-06-30 12682145 2025-06-30 12682145 2024-07-01 2025-06-30 12682145 frs-core:CurrentFinancialInstruments 2025-06-30 12682145 frs-core:Non-currentFinancialInstruments 2025-06-30 12682145 frs-core:RevaluationReserve 2025-06-30 12682145 frs-core:ShareCapital 2025-06-30 12682145 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: 12682145
Icarus Investment Management Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 12682145
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 901,000 901,000
Investments 5 4,503 200
905,503 901,200
CURRENT ASSETS
Debtors 6 1,733 1,616
Cash at bank and in hand 2,860 2,143
4,593 3,759
Creditors: Amounts Falling Due Within One Year 7 (362,654 ) (379,028 )
NET CURRENT ASSETS (LIABILITIES) (358,061 ) (375,269 )
TOTAL ASSETS LESS CURRENT LIABILITIES 547,442 525,931
Creditors: Amounts Falling Due After More Than One Year 8 (596,396 ) (597,966 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,987 ) (7,987 )
NET LIABILITIES (56,941 ) (80,022 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 10 41,461 41,461
Income Statement (98,404 ) (121,485 )
SHAREHOLDERS' FUNDS (56,941) (80,022)
Page 1
Page 2
For the year ending 30 June 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 Income Statement.
On behalf of the board
Mr G Binning
Director
Miss M T Binning
Director
27 August 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
Icarus Investment Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12682145 . The registered office is 19 Mackerness Road, Castle Hill, Ebbsfleet, Dartford, DA10 1FH.
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 -
2.4. 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 income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Investment Property
2026
£
Fair Value
As at 1 July 2025 and 30 June 2026 901,000
Page 3
Page 4
5. Investments
Listed Unlisted Total
£ £ £
Cost or Valuation
As at 1 July 2025 - 200 200
Additions 4,000 - 4,000
Fair value adjustments 303 - 303
As at 30 June 2026 4,303 200 4,503
Provision
As at 1 July 2025 - - -
As at 30 June 2026 - - -
Net Book Value
As at 30 June 2026 4,303 200 4,503
As at 1 July 2025 - 200 200
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 1,733 1,616
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 4,808 8,073
Other creditors 357,846 370,955
362,654 379,028
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 596,396 597,966
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
Page 4
Page 5
10. Reserves
Revaluation reserve Income Statement
£ £
As at 1 July 2025 41,461 (121,485 )
Profit for the year and total comprehensive income - 23,081
As at 30 June 2026 41,461 (98,404 )
Page 5