Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11948691 Mrs Louise Miller Mr Michael Miller Wharfe Valley Place Holdings Ltd Wharfe Valley Place Holdings Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11948691 2023-02-28 11948691 2024-02-29 11948691 2023-03-01 2024-02-29 11948691 frs-core:CurrentFinancialInstruments 2024-02-29 11948691 frs-core:Non-currentFinancialInstruments 2024-02-29 11948691 frs-core:BetweenOneFiveYears 2024-02-29 11948691 frs-core:FurnitureFittings 2024-02-29 11948691 frs-core:FurnitureFittings 2023-03-01 2024-02-29 11948691 frs-core:FurnitureFittings 2023-02-28 11948691 frs-core:MotorVehicles 2024-02-29 11948691 frs-core:MotorVehicles 2023-03-01 2024-02-29 11948691 frs-core:MotorVehicles 2023-02-28 11948691 frs-core:PlantMachinery 2024-02-29 11948691 frs-core:PlantMachinery 2023-03-01 2024-02-29 11948691 frs-core:PlantMachinery 2023-02-28 11948691 frs-core:WithinOneYear 2024-02-29 11948691 frs-core:ShareCapital 2024-02-29 11948691 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11948691 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11948691 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11948691 frs-bus:SmallEntities 2023-03-01 2024-02-29 11948691 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11948691 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11948691 frs-core:UnlistedNon-exchangeTraded 2024-02-29 11948691 frs-core:UnlistedNon-exchangeTraded 2023-02-28 11948691 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-02-28 11948691 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 11948691 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 11948691 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-02-28 11948691 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 11948691 frs-bus:Director1 2023-03-01 2024-02-29 11948691 frs-bus:Director2 2023-03-01 2024-02-29 11948691 frs-bus:Director3 2023-03-01 2024-02-29 11948691 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 11948691 frs-countries:EnglandWales 2023-03-01 2024-02-29 11948691 2022-02-28 11948691 2023-02-28 11948691 2022-03-01 2023-02-28 11948691 frs-core:CurrentFinancialInstruments 2023-02-28 11948691 frs-core:Non-currentFinancialInstruments 2023-02-28 11948691 frs-core:BetweenOneFiveYears 2023-02-28 11948691 frs-core:WithinOneYear 2023-02-28 11948691 frs-core:ShareCapital 2023-02-28 11948691 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11948691
Moss And Moor Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 11948691
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 551,109 576,068
Investments 5 1,000 -
552,109 576,068
CURRENT ASSETS
Stocks 6 751,876 1,144,808
Debtors 7 155,430 146,051
Cash at bank and in hand 472,986 314,130
1,380,292 1,604,989
Creditors: Amounts Falling Due Within One Year 8 (598,745 ) (580,316 )
NET CURRENT ASSETS (LIABILITIES) 781,547 1,024,673
TOTAL ASSETS LESS CURRENT LIABILITIES 1,333,656 1,600,741
Creditors: Amounts Falling Due After More Than One Year 9 (1,572,917 ) (1,937,441 )
NET LIABILITIES (239,261 ) (336,700 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (239,361 ) (336,800 )
SHAREHOLDERS' FUNDS (239,261) (336,700)
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For the year 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 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 Miller
Director
22nd November 2024
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Moss And Moor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11948691 . The registered office is Moss And Moor Limited, Coutances Way, Ilkley, LS29 7HQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland (“FRS102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies’ regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared in £ Sterling which is the functional currency of the company. 
2.2. Going Concern Disclosure
The Directors’ assessment of the Company's ability to continue as a going concern has taken into consideration the ongoing financial support of the company’s directors. Therefore, notwithstanding net liabilities of £239,261 as at the balance sheet date, these financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover represents revenue derived from the sale of goods and services, net of discounts and value added tax and is accounted for on an accruals basis.
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 on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life on a reducing balance basis, at the following rates:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
       Computer Equipment                                  25% Reducing Balance
       Office Furniture and fittings                         10% Reducing Balance
       Kitchen Equipment                                      10% Reducing Balance   
       Restaurant fittings                                       20% Reducing Balance
       Garden centre fittings                                  10% Reducing Balance
       Signage                                                       20% Reducing Balance
       Website development costs                        20% Reducing Balance
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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. Stocks and Work in Progress
Stocks are measured at the lower of cost and estimated sale price. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102, in full, to its financial instruments. 
(i) Financial assets 
Basic financial assets, including debtors and cash and bank balances, are initially recognised at the transaction price. Such assets are subsequently carried at amortised cost using the effective interest method. 
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the profit or loss account.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed the carrying amount that would have been recognised had the impairment not previously been recognised. The impairment reversal is recognised in the profit or loss account. 
Financial assets are derecognised when either the contractual rights to the cash flows from the asset expire or are settled, or substantially all the risks and rewards of the ownership of the asset are transferred to another party or, despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. 
(ii) Financial liabilities 
Basic financial liabilities, including trade and other payables, are initially recognised at the transaction price. Such liabilities are subsequently carried at amortised cost using the effective interest rate method. 
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers and are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
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2.8. Taxation
Current tax payable is based on the taxable profit for the period using tax rates in effect during the period. Taxable profit may differ from the profit as reported in the profit and loss account as it is adjusted both for items that will never be taxable or deductible and timing differences.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 72 (2023: 74)
72 74
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 March 2023 51,194 87,920 609,691 748,805
Additions 3,570 14,551 32,719 50,840
As at 29 February 2024 54,764 102,471 642,410 799,645
Depreciation
As at 1 March 2023 15,044 26,831 130,862 172,737
Provided during the period 7,040 12,554 56,205 75,799
As at 29 February 2024 22,084 39,385 187,067 248,536
Net Book Value
As at 29 February 2024 32,680 63,086 455,343 551,109
As at 1 March 2023 36,150 61,089 478,829 576,068
5. Investments
Unlisted
£
Cost
As at 1 March 2023 -
Additions 1,000
As at 29 February 2024 1,000
Provision
As at 1 March 2023 -
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 1,000
As at 1 March 2023 -
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6. Stocks
2024 2023
£ £
Finished goods 751,876 1,144,808
Stock on hand represents goods held for resale at the year-end valued in accordance with the accounting policy.
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 27,401 16,255
Prepayments and accrued income 32,390 30,657
Other debtors 700 2,736
Amounts owed by group undertakings 94,939 96,403
155,430 146,051
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,318 7,564
Trade creditors 239,288 265,338
Other taxes and social security 16,466 15,022
VAT 118,060 123,014
Other creditor 29,435 28,457
Accruals and deferred income 189,178 140,921
598,745 580,316
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,162 10,550
Directors loan account 1,568,755 1,926,891
1,572,917 1,937,441
Amounts owed to the Directors represent loans made to the company to support working capital and capital expenditure requirements. Although there is no formal loan agreement in place, the Directors have indicated that repayment of the loans will not be demanded within the next 12 months. 
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10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,318 7,564
Later than one year and not later than five years 4,162 10,550
10,480 18,114
10,480 18,114
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
12. Reserves
Profit and loss account
This reserve records retained earnings and accumulated losses.
13. Related Party Transactions
In addition to the Directors’ loans referred to in note 11 above, the company operates from premises owned by an associated company, Wharfe Valley Place Limited. The premises are occupied under an informal lease arrangement and provision has been made in these financial statements for rents payable totalling £60,000. Steps are being taken to formalise a lease arrangement between the two companies.
14. Ultimate holding company
The ultimate parent undertaking is Wharfe Valley Place Holdings Limited, a UK private limited company which is wholly owned by the directors of Moss & Moor Limited.
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