Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 07638011 Mrs Zoe McGlasson Mr Andy McGlasson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07638011 2023-05-31 07638011 2024-05-31 07638011 2023-06-01 2024-05-31 07638011 frs-core:Non-currentFinancialInstruments 2024-05-31 07638011 frs-core:ComputerEquipment 2023-06-01 2024-05-31 07638011 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 07638011 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07638011 frs-core:ShareCapital 2024-05-31 07638011 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 07638011 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07638011 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 07638011 frs-bus:SmallEntities 2023-06-01 2024-05-31 07638011 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07638011 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 07638011 frs-bus:Director1 2023-06-01 2024-05-31 07638011 frs-bus:Director1 2023-05-31 07638011 frs-bus:Director1 2024-05-31 07638011 frs-bus:Director2 2023-06-01 2024-05-31 07638011 frs-bus:Director2 2023-05-31 07638011 frs-bus:Director2 2024-05-31 07638011 frs-countries:EnglandWales 2023-06-01 2024-05-31 07638011 2022-05-31 07638011 2023-05-31 07638011 2022-06-01 2023-05-31 07638011 frs-core:Non-currentFinancialInstruments 2023-05-31 07638011 frs-core:ShareCapital 2023-05-31 07638011 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 07638011
Andy McGlasson Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07638011
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,134 32,842
29,134 32,842
CURRENT ASSETS
Debtors 9,962 131
Cash at bank and in hand 85,537 80,291
95,499 80,422
Creditors: Amounts Falling Due Within One Year (17,427 ) (19,711 )
NET CURRENT ASSETS (LIABILITIES) 78,072 60,711
TOTAL ASSETS LESS CURRENT LIABILITIES 107,206 93,553
Creditors: Amounts Falling Due After More Than One Year (20,694 ) (24,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,957 ) (4,487 )
NET ASSETS 82,555 64,233
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account 82,545 64,223
SHAREHOLDERS' FUNDS 82,555 64,233
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For the year ending 31 May 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Andy McGlasson
Director
27 February 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Andy McGlasson Ltd Registered number 07638011 is a limited by shares company incorporated in England & Wales. The Registered Office is Mellor House, St Petersgate, Stockport, SK1 1DS.

The financial statements are presented in Sterling, which is the functional currency of the company.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 10% reducing balance
Leasehold 10% reducing balance
Computer Equipment 25% reducing balance
2.4. Taxation
The 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 year 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 asset reflects 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.
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2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 June 2023 72,733
Additions 476
As at 31 May 2024 73,209
Depreciation
As at 1 June 2023 39,891
Provided during the period 4,184
As at 31 May 2024 44,075
Net Book Value
As at 31 May 2024 29,134
As at 1 June 2023 32,842
5. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mrs Zoe McGlasson - 5,000 - - 5,000
Mr Andy McGlasson - 5,000 - - 5,000
The above loans are unsecured, interest free and repayable on demand.
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