Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 1 January 2024 false 21 September 2026 1 January 2025 31 December 2025 31 December 2025 NI609711 Mr Keith Elliott Mr Ashley Elliott Mr Mark Elliott Mr Steven Elliott Mr Ashley Elliott true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI609711 2024-12-31 NI609711 2025-12-31 NI609711 2025-01-01 2025-12-31 NI609711 frs-core:CurrentFinancialInstruments 2025-12-31 NI609711 frs-core:ShareCapital 2025-12-31 NI609711 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI609711 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI609711 frs-bus:AbridgedAccounts 2025-01-01 2025-12-31 NI609711 frs-bus:SmallEntities 2025-01-01 2025-12-31 NI609711 frs-bus:Audited 2025-01-01 2025-12-31 NI609711 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 NI609711 1 2025-01-01 2025-12-31 NI609711 frs-bus:Director1 2025-01-01 2025-12-31 NI609711 frs-bus:Director2 2025-01-01 2025-12-31 NI609711 frs-bus:Director3 2025-01-01 2025-12-31 NI609711 frs-bus:Director4 2025-01-01 2025-12-31 NI609711 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 NI609711 frs-countries:NorthernIreland 2025-01-01 2025-12-31 NI609711 2023-12-31 NI609711 2024-12-31 NI609711 2024-01-01 2024-12-31 NI609711 frs-core:CurrentFinancialInstruments 2024-12-31 NI609711 frs-core:ShareCapital 2024-12-31 NI609711 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: NI609711
Finnard Finance Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: NI609711
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 28,258,428 26,986,893
Cash at bank and in hand 852,546 2,086,241
29,110,974 29,073,134
Creditors: Amounts Falling Due Within One Year (106,571 ) (215,171 )
NET CURRENT ASSETS (LIABILITIES) 29,004,403 28,857,963
TOTAL ASSETS LESS CURRENT LIABILITIES 29,004,403 28,857,963
NET ASSETS 29,004,403 28,857,963
CAPITAL AND RESERVES
Called up share capital 4 10,000 10,000
Profit and Loss Account 28,994,403 28,847,963
SHAREHOLDERS' FUNDS 29,004,403 28,857,963
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Steven Elliott
Director
21/09/2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Finnard Finance Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI609711 . The registered office is 19 Church Road, Portadown, Co. Armagh, BT63 5HT.
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. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.3. 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: NIL (2024: NIL)
- -
4. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 2 2
Called Up Share Capital has been paid up 9,998 9,998
Amount of Allotted, Called Up Share Capital 10,000 10,000
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Page 3
5. Related Party Transactions
During the year the company entered into the following transactions with related parties:
Transaction value
Balance owed by/(owed to)
2025
£
2024
£
2025
£
2024
£
Kamell Ltd
10,063,780
-
10,063,780
-
6. Ultimate Controlling Party
The company is controlled by Pincap Limited, a company incorporated on the Isle of Man, by way of 100% shareholding. Group accounts for the company are not available to the public.
7. Audit Information
The auditor's report on the accounts of Finnard Finance Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by James Robinson FCCA (Senior Statutory Auditor) for and on behalf of WHR Accountants Ltd , Statutory Auditor.
WHR Accountants Ltd
Chartered Certified Accountants
56 Upper English Street
Armagh
Co. Armagh
BT61 7LG
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