Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06989260 Mr Milosav Janjanin Mrs Isla McPhie-Janjanin Mrs Isla McPhie-Janjanin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06989260 2023-08-31 06989260 2024-08-31 06989260 2023-09-01 2024-08-31 06989260 frs-core:CurrentFinancialInstruments 2024-08-31 06989260 frs-core:Non-currentFinancialInstruments 2024-08-31 06989260 frs-core:BetweenOneFiveYears 2024-08-31 06989260 frs-core:ComputerEquipment 2024-08-31 06989260 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06989260 frs-core:ComputerEquipment 2023-08-31 06989260 frs-core:MoreThanFiveYears 2024-08-31 06989260 frs-core:MotorVehicles 2024-08-31 06989260 frs-core:MotorVehicles 2023-09-01 2024-08-31 06989260 frs-core:MotorVehicles 2023-08-31 06989260 frs-core:OtherResidualIntangibleAssets 2024-08-31 06989260 frs-core:OtherResidualIntangibleAssets 2023-08-31 06989260 frs-core:PlantMachinery 2024-08-31 06989260 frs-core:PlantMachinery 2023-09-01 2024-08-31 06989260 frs-core:PlantMachinery 2023-08-31 06989260 frs-core:WithinOneYear 2024-08-31 06989260 frs-core:ShareCapital 2024-08-31 06989260 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06989260 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06989260 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06989260 frs-bus:SmallEntities 2023-09-01 2024-08-31 06989260 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06989260 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06989260 frs-bus:Director1 2023-09-01 2024-08-31 06989260 frs-bus:Director2 2023-09-01 2024-08-31 06989260 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 06989260 frs-countries:EnglandWales 2023-09-01 2024-08-31 06989260 2022-08-31 06989260 2023-08-31 06989260 2022-09-01 2023-08-31 06989260 frs-core:CurrentFinancialInstruments 2023-08-31 06989260 frs-core:Non-currentFinancialInstruments 2023-08-31 06989260 frs-core:BetweenOneFiveYears 2023-08-31 06989260 frs-core:MoreThanFiveYears 2023-08-31 06989260 frs-core:WithinOneYear 2023-08-31 06989260 frs-core:ShareCapital 2023-08-31 06989260 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06989260
Moorcare Devon Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06989260
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 41,632 52,244
41,632 52,244
CURRENT ASSETS
Debtors 6 164,048 113,821
Cash at bank and in hand 28,910 69,486
192,958 183,307
Creditors: Amounts Falling Due Within One Year 7 (100,008 ) (78,608 )
NET CURRENT ASSETS (LIABILITIES) 92,950 104,699
TOTAL ASSETS LESS CURRENT LIABILITIES 134,582 156,943
Creditors: Amounts Falling Due After More Than One Year 8 (42,306 ) (56,933 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,888 ) (12,509 )
NET ASSETS 82,388 87,501
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 82,288 87,401
SHAREHOLDERS' FUNDS 82,388 87,501
Page 1
Page 2
For the year ending 31 August 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 Milosav Janjanin
Director
Mrs Isla McPhie-Janjanin
Director
3 March 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Moorcare Devon Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06989260 . The registered office is 3 Atlas House, West Devon Business Park, Tavistock, Devon, PL19 9DP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
2.2. Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.
  • The company recognises revenue when:
  • The amount of revenue can be reliably measured;
  • it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
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2.5. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
2.6. Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2023: 22)
22 22
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 5,500
As at 31 August 2024 5,500
Amortisation
As at 1 September 2023 5,500
As at 31 August 2024 5,500
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 10,392 51,325 8,401 70,118
Additions 250 - 1,990 2,240
As at 31 August 2024 10,642 51,325 10,391 72,358
...CONTINUED
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Depreciation
As at 1 September 2023 3,298 9,789 4,787 17,874
Provided during the period 1,456 10,384 1,012 12,852
As at 31 August 2024 4,754 20,173 5,799 30,726
Net Book Value
As at 31 August 2024 5,888 31,152 4,592 41,632
As at 1 September 2023 7,094 41,536 3,614 52,244
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 54,527 33,797
Other debtors 109,521 80,024
164,048 113,821
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,531 4,531
Trade creditors 1 -
Bank loans and overdrafts 9,996 9,900
Other creditors 50,524 56,602
Taxation and social security 34,956 7,575
100,008 78,608
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 26,469 31,000
Bank loans 15,837 25,933
42,306 56,933
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,531 4,531
Later than one year and not later than five years 26,469 31,000
Later than five years - -
31,000 35,531
31,000 35,531
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6