Acorah Software Products - Accounts Production 14.6.300 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09879345 Mr Andrew Astley Mr Michael Dale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09879345 2022-11-30 09879345 2023-11-30 09879345 2022-12-01 2023-11-30 09879345 frs-core:CurrentFinancialInstruments 2023-11-30 09879345 frs-core:Non-currentFinancialInstruments 2023-11-30 09879345 frs-core:ComputerEquipment 2023-11-30 09879345 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09879345 frs-core:ComputerEquipment 2022-11-30 09879345 frs-core:MotorVehicles 2023-11-30 09879345 frs-core:MotorVehicles 2022-12-01 2023-11-30 09879345 frs-core:MotorVehicles 2022-11-30 09879345 frs-core:ShareCapital 2023-11-30 09879345 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09879345 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09879345 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09879345 frs-bus:SmallEntities 2022-12-01 2023-11-30 09879345 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09879345 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09879345 frs-bus:Director1 2022-12-01 2023-11-30 09879345 frs-bus:Director2 2022-12-01 2023-11-30 09879345 frs-countries:EnglandWales 2022-12-01 2023-11-30 09879345 2021-11-30 09879345 2022-11-30 09879345 2021-12-01 2022-11-30 09879345 frs-core:CurrentFinancialInstruments 2022-11-30 09879345 frs-core:Non-currentFinancialInstruments 2022-11-30 09879345 frs-core:ShareCapital 2022-11-30 09879345 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09879345
MD Compliance Services Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
B&L Accountants Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09879345
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,003 560
10,003 560
CURRENT ASSETS
Debtors 5 67,900 25,267
Cash at bank and in hand 107,487 117,266
175,387 142,533
Creditors: Amounts Falling Due Within One Year 6 (45,797 ) (34,859 )
NET CURRENT ASSETS (LIABILITIES) 129,590 107,674
TOTAL ASSETS LESS CURRENT LIABILITIES 139,593 108,234
Creditors: Amounts Falling Due After More Than One Year 7 (30,000 ) (30,000 )
NET ASSETS 109,593 78,234
CAPITAL AND RESERVES
Called up share capital 8 101 101
Profit and Loss Account 109,492 78,133
SHAREHOLDERS' FUNDS 109,593 78,234
Page 1
Page 2
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 Michael Dale
Director
12/06/2024
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
MD Compliance Services Limited Registered number 09879345 is a limited by shares company incorporated in England & Wales. The Registered Office is 5 Fitzherbert Close, Swynnerton, Stone, Staffordshire, ST15 0PQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
Motor Vehicles 20% Straight line
Computer Equipment 25% reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 - 4,185 4,185
Additions 11,979 - 11,979
As at 30 November 2023 11,979 4,185 16,164
Depreciation
As at 1 December 2022 - 3,625 3,625
Provided during the period 2,396 140 2,536
As at 30 November 2023 2,396 3,765 6,161
Net Book Value
As at 30 November 2023 9,583 420 10,003
As at 1 December 2022 - 560 560
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 64,930 22,096
Other taxes and social security 2,970 3,171
67,900 25,267
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2,885 2,131
Corporation tax 18,799 14,011
VAT 7,394 1,957
Accruals and deferred income - (1,029 )
Directors' loan accounts 16,719 17,789
45,797 34,859
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 30,000 30,000
30,000 30,000
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 101 101
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