Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2022 1 November 2021 false 1 November 2022 30 October 2023 30 October 2023 12263079 Mrs Maxine Hancock Mr Miles Hancock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12263079 2022-10-31 12263079 2023-10-30 12263079 2022-11-01 2023-10-30 12263079 frs-core:CurrentFinancialInstruments 2023-10-30 12263079 frs-core:Non-currentFinancialInstruments 2023-10-30 12263079 frs-core:OtherReservesSubtotal 2023-10-30 12263079 frs-core:ShareCapital 2023-10-30 12263079 frs-core:RetainedEarningsAccumulatedLosses 2023-10-30 12263079 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-30 12263079 frs-bus:FilletedAccounts 2022-11-01 2023-10-30 12263079 frs-bus:SmallEntities 2022-11-01 2023-10-30 12263079 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-30 12263079 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-30 12263079 frs-bus:Director1 2022-11-01 2023-10-30 12263079 frs-bus:Director2 2022-11-01 2023-10-30 12263079 frs-countries:EnglandWales 2022-11-01 2023-10-30 12263079 2021-10-31 12263079 2022-10-31 12263079 2021-11-01 2022-10-31 12263079 frs-core:CurrentFinancialInstruments 2022-10-31 12263079 frs-core:Non-currentFinancialInstruments 2022-10-31 12263079 frs-core:OtherReservesSubtotal 2022-10-31 12263079 frs-core:ShareCapital 2022-10-31 12263079 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12263079
MSH Investments Ltd
Unaudited Financial Statements
For The Year Ended 30 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12263079
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 185,000 185,000
185,000 185,000
CURRENT ASSETS
Debtors 5 28,790 28,789
Cash at bank and in hand 288 425
29,078 29,214
Creditors: Amounts Falling Due Within One Year 6 (69,583 ) (59,434 )
NET CURRENT ASSETS (LIABILITIES) (40,505 ) (30,220 )
TOTAL ASSETS LESS CURRENT LIABILITIES 144,495 154,780
Creditors: Amounts Falling Due After More Than One Year 7 (136,292 ) (146,935 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,255 ) (3,255 )
NET ASSETS 4,948 4,590
CAPITAL AND RESERVES
Called up share capital 8 100 100
Other reserves 13,877 13,877
Profit and Loss Account (9,029 ) (9,387 )
SHAREHOLDERS' FUNDS 4,948 4,590
Page 1
Page 2
For the year ending 30 October 2023 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 Miles Hancock
Director
16 January 2025
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
MSH Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12263079 . The registered office is Basepoint Bromsgrove, Bromsgrove Technology Park, Isidore Road, Bromsgrove, B60 3ET.
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, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account.
2.4. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 2)
- 2
4. Investment Property
2023
£
Fair Value
As at 1 November 2022 and 30 October 2023 185,000
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by participating interests 27,810 27,809
Other debtors 980 980
28,790 28,789
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1,190
Bank loans and overdrafts 10,644 10,629
Amounts owed to participating interests 1,480 1,480
Other creditors 57,307 45,983
Taxation and social security 152 152
69,583 59,434
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 1-2 years 17,718 10,644
Bank loans - 2-5 years 1,540 18,727
Bank loans more 5 years 117,034 117,564
136,292 146,935
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4