Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2022 1 October 2021 false 1 October 2022 29 February 2024 29 February 2024 09793431 Mr Andrew Burton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09793431 2022-09-30 09793431 2024-02-29 09793431 2022-10-01 2024-02-29 09793431 frs-core:CurrentFinancialInstruments 2024-02-29 09793431 frs-core:Non-currentFinancialInstruments 2024-02-29 09793431 frs-core:BetweenOneFiveYears 2024-02-29 09793431 frs-core:FurnitureFittings 2024-02-29 09793431 frs-core:FurnitureFittings 2022-10-01 2024-02-29 09793431 frs-core:FurnitureFittings 2022-09-30 09793431 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 09793431 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-01 2024-02-29 09793431 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-30 09793431 frs-core:MotorVehicles 2024-02-29 09793431 frs-core:MotorVehicles 2022-10-01 2024-02-29 09793431 frs-core:MotorVehicles 2022-09-30 09793431 frs-core:ShareCapital 2024-02-29 09793431 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09793431 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2024-02-29 09793431 frs-bus:FilletedAccounts 2022-10-01 2024-02-29 09793431 frs-bus:SmallEntities 2022-10-01 2024-02-29 09793431 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2024-02-29 09793431 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2024-02-29 09793431 frs-bus:Director1 2022-10-01 2024-02-29 09793431 frs-countries:EnglandWales 2022-10-01 2024-02-29 09793431 2021-09-30 09793431 2022-09-30 09793431 2021-10-01 2022-09-30 09793431 frs-core:CurrentFinancialInstruments 2022-09-30 09793431 frs-core:Non-currentFinancialInstruments 2022-09-30 09793431 frs-core:BetweenOneFiveYears 2022-09-30 09793431 frs-core:ShareCapital 2022-09-30 09793431 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 09793431
Mannion & Co (Helmsley) Limited
Unaudited Financial Statements
For the Period 1 October 2022 to 29 February 2024
A2G Accountants Ltd
The Courtyard
Oakwood Park Business Centre
Fountains Road Bishop Thornton
Harrogate, North Yorkshire
HG3 3BF
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09793431
29 February 2024 30 September 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 94,560 57,961
94,560 57,961
CURRENT ASSETS
Stocks 5 420 420
Debtors 6 312,569 150,971
Cash at bank and in hand 19,137 42,765
332,126 194,156
Creditors: Amounts Falling Due Within One Year 7 (107,680 ) (55,361 )
NET CURRENT ASSETS (LIABILITIES) 224,446 138,795
TOTAL ASSETS LESS CURRENT LIABILITIES 319,006 196,756
Creditors: Amounts Falling Due After More Than One Year 8 (90,688 ) -
NET ASSETS 228,318 196,756
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 228,218 196,656
SHAREHOLDERS' FUNDS 228,318 196,756
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For the period ending 29 February 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 Andrew Burton
Director
22/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Mannion & Co (Helmsley) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09793431 . The registered office is The Courtyard, Oakwood Park Business Centre , Fountains Road, , Harrogate, North Yorkshire, HG3 3BF.
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:
Freehold 4% on Cost
Motor Vehicles 25% on Reducing Balance
Fixtures & Fittings 15% on Reducinmg Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 15 (2022: 15)
15 15
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2022 41,897 - 66,480 108,377
Additions - 54,750 1,422 56,172
As at 29 February 2024 41,897 54,750 67,902 164,549
Depreciation
As at 1 October 2022 10,577 - 39,839 50,416
Provided during the period 1,676 13,688 4,209 19,573
As at 29 February 2024 12,253 13,688 44,048 69,989
Net Book Value
As at 29 February 2024 29,644 41,062 23,854 94,560
As at 1 October 2022 31,320 - 26,641 57,961
5. Stocks
29 February 2024 30 September 2022
£ £
Materials 420 420
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6. Debtors
29 February 2024 30 September 2022
£ £
Due within one year
Prepayments and accrued income - (360 )
Amounts owed by group undertakings 312,569 151,331
312,569 150,971
7. Creditors: Amounts Falling Due Within One Year
29 February 2024 30 September 2022
£ £
Trade creditors 10,548 6,615
Bank loans and overdrafts 44,325 3,638
Corporation tax 9,525 9,525
Other taxes and social security 4,423 3,955
VAT 30,288 12,854
Other creditors - 5,201
Accruals and deferred income 1,760 1,400
Director's loan account 6,811 12,173
107,680 55,361
8. Creditors: Amounts Falling Due After More Than One Year
29 February 2024 30 September 2022
£ £
Net obligations under finance lease and hire purchase contracts 56,306 -
Bank loans 34,382 -
90,688 -
9. Obligations Under Finance Leases and Hire Purchase
29 February 2024 30 September 2022
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 56,306 -
10. Share Capital
29 February 2024 30 September 2022
£ £
Allotted, Called up and fully paid 100 100
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