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 11184002 Mr M W Conder true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11184002 2023-01-31 11184002 2024-01-31 11184002 2023-02-01 2024-01-31 11184002 frs-core:CurrentFinancialInstruments 2024-01-31 11184002 frs-core:Non-currentFinancialInstruments 2024-01-31 11184002 frs-core:PlantMachinery 2024-01-31 11184002 frs-core:PlantMachinery 2023-02-01 2024-01-31 11184002 frs-core:PlantMachinery 2023-01-31 11184002 frs-core:ShareCapital 2024-01-31 11184002 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11184002 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11184002 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11184002 frs-bus:SmallEntities 2023-02-01 2024-01-31 11184002 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11184002 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11184002 1 2023-02-01 2024-01-31 11184002 frs-bus:Director1 2023-02-01 2024-01-31 11184002 frs-countries:EnglandWales 2023-02-01 2024-01-31 11184002 2022-01-31 11184002 2023-01-31 11184002 2022-02-01 2023-01-31 11184002 frs-core:CurrentFinancialInstruments 2023-01-31 11184002 frs-core:Non-currentFinancialInstruments 2023-01-31 11184002 frs-core:ShareCapital 2023-01-31 11184002 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11184002
Mark Conder Contracting Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11184002
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 204,376 393,442
204,376 393,442
CURRENT ASSETS
Debtors 5 40,000 327,568
Cash at bank and in hand 384 2,316
40,384 329,884
Creditors: Amounts Falling Due Within One Year 6 (31,357 ) (137,460 )
NET CURRENT ASSETS (LIABILITIES) 9,027 192,424
TOTAL ASSETS LESS CURRENT LIABILITIES 213,403 585,866
Creditors: Amounts Falling Due After More Than One Year 7 (36,136 ) (149,200 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (28,281 ) (72,511 )
NET ASSETS 148,986 364,155
CAPITAL AND RESERVES
Called up share capital 20 20
Income Statement 148,966 364,135
SHAREHOLDERS' FUNDS 148,986 364,155
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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 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 Income Statement.
On behalf of the board
Mr M W Conder
Director
31/05/2024
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
Mark Conder Contracting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11184002 . The registered office is Sandbeds Farm, Gressingham, Lancaster, LA2 8LY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Turnover is invoiced and recognised on completion of the work undertaken.
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:
Plant & Machinery 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives.
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transactions price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other
deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing
difference.
2.7. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
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2.8. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.
When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 508,144
Additions 93,500
Disposals (355,745 )
As at 31 January 2024 245,899
Depreciation
As at 1 February 2023 114,702
Provided during the period 48,270
Disposals (121,449 )
As at 31 January 2024 41,523
Net Book Value
As at 31 January 2024 204,376
As at 1 February 2023 393,442
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 327,568
Prepayments and accrued income 40,000 -
40,000 327,568
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,649 56,365
Trade creditors - 28,351
VAT 2,854 45,536
Accruals and deferred income 1,750 1,750
Director's loan account 6,104 5,458
31,357 137,460
Included in creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £20,649 (2023 - £56,365) which are secured against the assets to which they relate.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 36,136 149,200
Included in creditors: amounts falling due after more than one year, are net obligations under hire purchase contracts of £36,136 (2023 - £149,200) which are secured against the assets to which they relate.
8. Related Party Transactions
During the year, dividends of £13,570 (2023 - £14,570) were paid to the director.
Included in creditors: amounts falling due within one year, is a directors loan account balance of £74,994 (2023 - £5,458) owing to Mr M W Conder.
The loan is interest free and repayable on demand.
9. Ultimate Controlling Party
The company is under the control of Mr M W Conder who is interested in 100% of the company's issued share capital.
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