Acorah Software Products - Accounts Production 15.0.500 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 06797165 Jon Champion John Newbery Stuart Messer Samantha Messer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06797165 2023-01-31 06797165 2024-01-31 06797165 2023-02-01 2024-01-31 06797165 frs-core:CurrentFinancialInstruments 2024-01-31 06797165 frs-core:Non-currentFinancialInstruments 2024-01-31 06797165 frs-core:BetweenOneFiveYears 2024-01-31 06797165 frs-core:ComputerEquipment 2024-01-31 06797165 frs-core:ComputerEquipment 2023-02-01 2024-01-31 06797165 frs-core:ComputerEquipment 2023-01-31 06797165 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-01 2024-01-31 06797165 frs-core:FurnitureFittings 2024-01-31 06797165 frs-core:FurnitureFittings 2023-02-01 2024-01-31 06797165 frs-core:FurnitureFittings 2023-01-31 06797165 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 06797165 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 06797165 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 06797165 frs-core:MotorVehicles 2024-01-31 06797165 frs-core:MotorVehicles 2023-02-01 2024-01-31 06797165 frs-core:MotorVehicles 2023-01-31 06797165 frs-core:OtherResidualIntangibleAssets 2024-01-31 06797165 frs-core:OtherResidualIntangibleAssets 2023-02-01 2024-01-31 06797165 frs-core:OtherResidualIntangibleAssets 2023-01-31 06797165 frs-core:PlantMachinery 2024-01-31 06797165 frs-core:PlantMachinery 2023-02-01 2024-01-31 06797165 frs-core:PlantMachinery 2023-01-31 06797165 frs-core:WithinOneYear 2024-01-31 06797165 frs-core:ShareCapital 2024-01-31 06797165 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 06797165 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06797165 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 06797165 frs-bus:SmallEntities 2023-02-01 2024-01-31 06797165 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06797165 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06797165 frs-bus:Director1 2023-02-01 2024-01-31 06797165 frs-bus:Director2 2023-02-01 2024-01-31 06797165 frs-bus:Director3 2023-02-01 2024-01-31 06797165 frs-bus:Director4 2023-02-01 2024-01-31 06797165 frs-core:Non-currentFinancialInstruments 1 2024-01-31 06797165 frs-countries:EnglandWales 2023-02-01 2024-01-31 06797165 2022-01-31 06797165 2023-01-31 06797165 2022-02-01 2023-01-31 06797165 frs-core:CurrentFinancialInstruments 2023-01-31 06797165 frs-core:Non-currentFinancialInstruments 2023-01-31 06797165 frs-core:BetweenOneFiveYears 2023-01-31 06797165 frs-core:WithinOneYear 2023-01-31 06797165 frs-core:ShareCapital 2023-01-31 06797165 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 06797165 frs-core:Non-currentFinancialInstruments 1 2023-01-31
Registered number: 06797165
M & H Testing Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Hilary Adams Ltd
158 High Street
Herne Bay
Kent
CT6 5NP
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06797165
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,080
Tangible Assets 5 345,355 186,598
345,355 187,678
CURRENT ASSETS
Debtors 6 789,398 716,716
Cash at bank and in hand 268,659 405,726
1,058,057 1,122,442
Creditors: Amounts Falling Due Within One Year 7 (297,191 ) (323,678 )
NET CURRENT ASSETS (LIABILITIES) 760,866 798,764
TOTAL ASSETS LESS CURRENT LIABILITIES 1,106,221 986,442
Creditors: Amounts Falling Due After More Than One Year 8 (98,238 ) (24,071 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,028 ) (17,989 )
NET ASSETS 945,955 944,382
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account 945,945 944,372
SHAREHOLDERS' FUNDS 945,955 944,382
Page 1
Page 2
For the year ending 31 January 2024 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
Stuart Messer
Director
16 July 2024
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
M & H Testing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06797165 . The registered office is Unit D1 & D2, Northdown Close, Ashford Road, Lenham, Maidstone, Kent, ME17 2DL.
The bank has a fixed and floating charge over the assets of the company.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are computer software. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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 10%
Plant & Machinery 20%
Motor Vehicles 25%
Fixtures & Fittings 20%
Computer Equipment 33%
Page 3
Page 4
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 24 (2023: 22)
24 22
Page 4
Page 5
4. Intangible Assets
Other
£
Cost
As at 1 February 2023 5,400
As at 31 January 2024 5,400
Amortisation
As at 1 February 2023 4,320
Provided during the period 1,080
As at 31 January 2024 5,400
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 1,080
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 February 2023 51,065 114,728 325,913 4,585
Additions 17,318 21,671 277,457 1,142
Disposals - - (75,253 ) -
As at 31 January 2024 68,383 136,399 528,117 5,727
Depreciation
As at 1 February 2023 30,718 85,688 192,032 4,036
Provided during the period 6,684 18,640 122,337 681
Disposals - - (65,613 ) -
As at 31 January 2024 37,402 104,328 248,756 4,717
Net Book Value
As at 31 January 2024 30,981 32,071 279,361 1,010
As at 1 February 2023 20,347 29,040 133,881 549
Page 5
Page 6
Computer Equipment Total
£ £
Cost
As at 1 February 2023 15,093 511,384
Additions 1,514 319,102
Disposals - (75,253 )
As at 31 January 2024 16,607 755,233
Depreciation
As at 1 February 2023 12,312 324,786
Provided during the period 2,363 150,705
Disposals - (65,613 )
As at 31 January 2024 14,675 409,878
Net Book Value
As at 31 January 2024 1,932 345,355
As at 1 February 2023 2,781 186,598
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 409,121 305,756
Prepayments and accrued income 12,776 3,459
Other debtors 5,000 5,000
Corporation tax recoverable assets 1,501 1,501
428,398 315,716
Due after more than one year
Other debtors 301,000 341,000
Debenture 60,000 60,000
361,000 401,000
789,398 716,716
The company purchased a 75 year debenture from the Rugby Football Union in July 2022 for £60,000. This has been measured at amortised cost using the effective interest method. This will be repaid in full to the company in 2097.
Page 6
Page 7
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 93,760 46,934
Trade creditors 44,628 24,762
Corporation tax 84,803 130,588
Other taxes and social security - 45
VAT 72,171 119,684
Other creditors 399 235
Accruals and deferred income 1,430 1,430
297,191 323,678
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 98,238 24,071
98,238 24,071
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 100,703 50,107
Later than one year and not later than five years 105,335 25,588
206,038 75,695
Less: Finance charges allocated to future periods 14,040 4,690
191,998 71,005
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 7