Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 12296452 Mr M A MacKinnon Mr R Payne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12296452 2022-11-30 12296452 2023-11-30 12296452 2022-12-01 2023-11-30 12296452 frs-core:CurrentFinancialInstruments 2023-11-30 12296452 frs-core:ComputerEquipment 2022-12-01 2023-11-30 12296452 frs-core:FurnitureFittings 2022-12-01 2023-11-30 12296452 frs-core:PlantMachinery 2023-11-30 12296452 frs-core:PlantMachinery 2022-12-01 2023-11-30 12296452 frs-core:PlantMachinery 2022-11-30 12296452 frs-core:ShareCapital 2023-11-30 12296452 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12296452 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12296452 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12296452 frs-bus:SmallEntities 2022-12-01 2023-11-30 12296452 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12296452 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12296452 frs-bus:Director1 2022-12-01 2023-11-30 12296452 frs-bus:Director2 2022-12-01 2023-11-30 12296452 frs-countries:EnglandWales 2022-12-01 2023-11-30 12296452 2021-11-30 12296452 2022-11-30 12296452 2021-12-01 2022-11-30 12296452 frs-core:CurrentFinancialInstruments 2022-11-30 12296452 frs-core:ShareCapital 2022-11-30 12296452 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12296452
Matthew And Ryan Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12296452
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,455 3,009
1,455 3,009
CURRENT ASSETS
Debtors 5 54,907 63,150
Cash at bank and in hand 522,814 370,770
577,721 433,920
Creditors: Amounts Falling Due Within One Year 6 (171,746 ) (86,705 )
NET CURRENT ASSETS (LIABILITIES) 405,975 347,215
TOTAL ASSETS LESS CURRENT LIABILITIES 407,430 350,224
NET ASSETS 407,430 350,224
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 407,428 350,222
SHAREHOLDERS' FUNDS 407,430 350,224
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For the year ending 30 November 2023 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 M A MacKinnon
Director
Mr R Payne
Director
15/04/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Matthew And Ryan Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12296452 . The registered office is C/O Smooth Accounting Limited, Building 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3EN.
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.
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:
Fixtures & Fittings 3 years straight line
Computer Equipment 3 years straight line
2.4. Financial Instruments
Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
2.5. 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.
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2.6. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 December 2022 8,320
Additions 1,206
As at 30 November 2023 9,526
Depreciation
As at 1 December 2022 5,311
Provided during the period 2,760
As at 30 November 2023 8,071
Net Book Value
As at 30 November 2023 1,455
As at 1 December 2022 3,009
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 54,907 62,763
Other debtors - 387
54,907 63,150
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (212 ) 53
Other creditors 87,326 4,576
Taxation and social security 84,632 82,076
171,746 86,705
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7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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