Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 08406624 Mr Kevin Merrison Mrs Denise Merrison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08406624 2023-02-28 08406624 2024-02-28 08406624 2023-03-01 2024-02-28 08406624 frs-core:CurrentFinancialInstruments 2024-02-28 08406624 frs-core:Non-currentFinancialInstruments 2024-02-28 08406624 frs-core:ComputerEquipment 2024-02-28 08406624 frs-core:ComputerEquipment 2023-03-01 2024-02-28 08406624 frs-core:ComputerEquipment 2023-02-28 08406624 frs-core:FurnitureFittings 2024-02-28 08406624 frs-core:FurnitureFittings 2023-03-01 2024-02-28 08406624 frs-core:FurnitureFittings 2023-02-28 08406624 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-28 08406624 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 08406624 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 08406624 frs-core:PlantMachinery 2024-02-28 08406624 frs-core:PlantMachinery 2023-03-01 2024-02-28 08406624 frs-core:PlantMachinery 2023-02-28 08406624 frs-core:ShareCapital 2024-02-28 08406624 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 08406624 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 08406624 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 08406624 frs-bus:SmallEntities 2023-03-01 2024-02-28 08406624 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 08406624 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 08406624 frs-core:DeferredTaxation 2023-02-28 08406624 frs-core:DeferredTaxation 2024-02-28 08406624 frs-bus:Director1 2023-03-01 2024-02-28 08406624 frs-bus:Director2 2023-03-01 2024-02-28 08406624 frs-core:CurrentFinancialInstruments 4 2024-02-28 08406624 frs-countries:EnglandWales 2023-03-01 2024-02-28 08406624 2022-02-28 08406624 2023-02-28 08406624 2022-03-01 2023-02-28 08406624 frs-core:CurrentFinancialInstruments 2023-02-28 08406624 frs-core:Non-currentFinancialInstruments 2023-02-28 08406624 frs-core:ShareCapital 2023-02-28 08406624 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 08406624 frs-core:CurrentFinancialInstruments 4 2023-02-28
Registered number: 08406624
Minsterbuild Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08406624
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 220,634 220,845
220,634 220,845
CURRENT ASSETS
Debtors 5 923 8,381
Cash at bank and in hand 26,386 29,211
27,309 37,592
Creditors: Amounts Falling Due Within One Year 6 (33,059 ) (33,168 )
NET CURRENT ASSETS (LIABILITIES) (5,750 ) 4,424
TOTAL ASSETS LESS CURRENT LIABILITIES 214,884 225,269
Creditors: Amounts Falling Due After More Than One Year 7 (152,555 ) (152,555 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,015 ) (12,015 )
NET ASSETS 50,314 60,699
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 50,214 60,599
SHAREHOLDERS' FUNDS 50,314 60,699
Page 1
Page 2
For the year ending 28 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 Kevin Merrison
Director
27th November 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
Minsterbuild Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08406624 . The registered office is 7 Whin Close, York, YO24 1LB.
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. 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 Not depreciated
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2023 220,000 1,936 1,526 1,334 224,796
As at 28 February 2024 220,000 1,936 1,526 1,334 224,796
Depreciation
As at 1 March 2023 - 1,176 1,441 1,334 3,951
Provided during the period - 190 21 - 211
As at 28 February 2024 - 1,366 1,462 1,334 4,162
Net Book Value
As at 28 February 2024 220,000 570 64 - 220,634
As at 1 March 2023 220,000 760 85 - 220,845
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,590
Prepayments and accrued income 699 6,665
Corporation tax recoverable assets 13 13
VAT 211 113
923 8,381
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 192 1
Other creditors (tenant deposits held) 894 894
Accruals and deferred income 906 796
Directors' loan accounts 31,067 31,477
33,059 33,168
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 152,555 152,555
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 March 2023 12,015 12,015
Balance at 28 February 2024 12,015 12,015
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4