Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05744992 Mr nigel oldridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05744992 2023-03-31 05744992 2024-03-31 05744992 2023-04-01 2024-03-31 05744992 frs-core:CurrentFinancialInstruments 2024-03-31 05744992 frs-core:Non-currentFinancialInstruments 2024-03-31 05744992 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05744992 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05744992 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 05744992 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 05744992 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05744992 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 05744992 frs-core:MotorVehicles 2024-03-31 05744992 frs-core:MotorVehicles 2023-04-01 2024-03-31 05744992 frs-core:MotorVehicles 2023-03-31 05744992 frs-core:PlantMachinery 2024-03-31 05744992 frs-core:PlantMachinery 2023-04-01 2024-03-31 05744992 frs-core:PlantMachinery 2023-03-31 05744992 frs-core:ShareCapital 2024-03-31 05744992 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05744992 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05744992 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05744992 frs-bus:SmallEntities 2023-04-01 2024-03-31 05744992 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05744992 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05744992 frs-bus:Director1 2023-04-01 2024-03-31 05744992 frs-countries:EnglandWales 2023-04-01 2024-03-31 05744992 2022-03-31 05744992 2023-03-31 05744992 2022-04-01 2023-03-31 05744992 frs-core:CurrentFinancialInstruments 2023-03-31 05744992 frs-core:Non-currentFinancialInstruments 2023-03-31 05744992 frs-core:ShareCapital 2023-03-31 05744992 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 05744992 1 2022-04-01 2023-03-31
Registered number: 05744992
MSN Contract Services Ltd
Financial Statements
For The Year Ended 31 March 2024
msn contract services ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05744992
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 454,280 457,730
454,280 457,730
CURRENT ASSETS
Debtors 5 (188,500 ) (186,627 )
Cash at bank and in hand (91,304 ) (27,716 )
(279,804 ) (214,343 )
Creditors: Amounts Falling Due Within One Year 6 12,836 15,420
NET CURRENT ASSETS (LIABILITIES) (266,968 ) (198,923 )
TOTAL ASSETS LESS CURRENT LIABILITIES 187,312 258,807
Creditors: Amounts Falling Due After More Than One Year 7 (69,924 ) (87,245 )
NET ASSETS 117,388 171,562
CAPITAL AND RESERVES
Called up share capital 8 60 60
Profit and Loss Account 117,328 171,502
SHAREHOLDERS' FUNDS 117,388 171,562
Page 1
Page 2
For the year ending 31 March 2024 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.
On behalf of the board
Mr nigel oldridge
Director
09/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MSN Contract Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05744992 . The registered office is 2 Sycamore Road, Birstall, Leicester, Leicestershire, LE4 4LT.
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 stated at cost less depreciation. 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 0
Leasehold 0
Plant & Machinery 10
Motor Vehicles 25
Fixtures & Fittings 20
Computer Equipment 33
3. Average Number of Employees
Average number of employees, including directors, during the year was:2
2024 2023
Office and administration 2 -
site based - 2
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 April 2023 447,378 97,428 466,657 1,011,463
As at 31 March 2024 447,378 97,428 466,657 1,011,463
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 - 87,078 466,655 553,733
Provided during the period - 3,450 - 3,450
As at 31 March 2024 - 90,528 466,655 557,183
Net Book Value
As at 31 March 2024 447,378 6,900 2 454,280
As at 1 April 2023 447,378 10,350 2 457,730
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (472,827 ) (472,827 )
VAT 7,096 7,280
Other taxes and social security 38,063 37,952
Net wages 35,406 35,406
(392,262 ) (392,189 )
Due after more than one year
Directors loan account 203,762 205,562
(188,500 ) (186,627 )
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (12,820 ) (15,404 )
Corporation tax (16 ) (16 )
(12,836 ) (15,420 )
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 69,924 87,245
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 60 60
Page 4