Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11251067 Mr Arron McPhail Mr Nathan McPhail iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11251067 2023-03-31 11251067 2024-03-31 11251067 2023-04-01 2024-03-31 11251067 frs-core:CurrentFinancialInstruments 2024-03-31 11251067 frs-core:Non-currentFinancialInstruments 2024-03-31 11251067 frs-core:ComputerEquipment 2024-03-31 11251067 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11251067 frs-core:ComputerEquipment 2023-03-31 11251067 frs-core:MotorVehicles 2024-03-31 11251067 frs-core:MotorVehicles 2023-04-01 2024-03-31 11251067 frs-core:MotorVehicles 2023-03-31 11251067 frs-core:PlantMachinery 2024-03-31 11251067 frs-core:PlantMachinery 2023-04-01 2024-03-31 11251067 frs-core:PlantMachinery 2023-03-31 11251067 frs-core:WithinOneYear 2024-03-31 11251067 frs-core:ShareCapital 2024-03-31 11251067 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11251067 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11251067 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11251067 frs-bus:SmallEntities 2023-04-01 2024-03-31 11251067 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11251067 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11251067 frs-bus:Director1 2023-04-01 2024-03-31 11251067 frs-bus:Director2 2023-04-01 2024-03-31 11251067 frs-countries:EnglandWales 2023-04-01 2024-03-31 11251067 2022-03-31 11251067 2023-03-31 11251067 2022-04-01 2023-03-31 11251067 frs-core:CurrentFinancialInstruments 2023-03-31 11251067 frs-core:Non-currentFinancialInstruments 2023-03-31 11251067 frs-core:WithinOneYear 2023-03-31 11251067 frs-core:ShareCapital 2023-03-31 11251067 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11251067
Mcs (Yorkshire) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
C W Dix Limited
Accountants & Business Advisors
4b Silkwood Court
Wakefield
West Yorkshire
WF5 9TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11251067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 98,857 57,671
98,857 57,671
CURRENT ASSETS
Stocks 5 3,500 3,500
Debtors 6 176,010 206,721
Cash at bank and in hand 101,261 82,569
280,771 292,790
Creditors: Amounts Falling Due Within One Year 7 (209,520 ) (186,119 )
NET CURRENT ASSETS (LIABILITIES) 71,251 106,671
TOTAL ASSETS LESS CURRENT LIABILITIES 170,108 164,342
Creditors: Amounts Falling Due After More Than One Year 8 (15,010 ) (23,658 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,714 ) (9,946 )
NET ASSETS 130,384 130,738
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 130,284 130,638
SHAREHOLDERS' FUNDS 130,384 130,738
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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 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 Arron McPhail
Director
28/10/2024
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
Mcs (Yorkshire) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11251067 . The registered office is Unit 3 Carrgate Business Centre, Bradford Road, Wakefield, WF2 0QW.
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 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% per annum reducing balance
Motor Vehicles 25% per annum reducing balance
Computer Equipment 4 years straight line
2.4. 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.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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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 years 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 assets reflect 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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 22,371 74,882 5,030 102,283
Additions 823 73,343 1,200 75,366
As at 31 March 2024 23,194 148,225 6,230 177,649
Depreciation
As at 1 April 2023 11,618 29,312 3,682 44,612
Provided during the period 2,894 29,728 1,558 34,180
As at 31 March 2024 14,512 59,040 5,240 78,792
Net Book Value
As at 31 March 2024 8,682 89,185 990 98,857
As at 1 April 2023 10,753 45,570 1,348 57,671
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5. Stocks
2024 2023
£ £
Materials 3,500 3,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 104,362 163,218
Other debtors 71,648 43,503
176,010 206,721
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,178 5,178
Trade creditors 119,463 100,977
Bank loans and overdrafts 9,932 9,932
Other creditors 37,691 28,481
Taxation and social security 37,256 41,551
209,520 186,119
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,690 23,338
Other creditors 320 320
15,010 23,658
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,178 5,178
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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