Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04664684 Mr Roy Walker Mrs Alison Walker Miss Abbie Walker Mr Richard Gray true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04664684 2023-12-31 04664684 2024-12-31 04664684 2024-01-01 2024-12-31 04664684 frs-core:CurrentFinancialInstruments 2024-12-31 04664684 frs-core:Non-currentFinancialInstruments 2024-12-31 04664684 frs-core:ComputerEquipment 2024-12-31 04664684 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04664684 frs-core:ComputerEquipment 2023-12-31 04664684 frs-core:FurnitureFittings 2024-12-31 04664684 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04664684 frs-core:FurnitureFittings 2023-12-31 04664684 frs-core:MotorVehicles 2024-01-01 2024-12-31 04664684 frs-core:PlantMachinery 2024-12-31 04664684 frs-core:PlantMachinery 2024-01-01 2024-12-31 04664684 frs-core:PlantMachinery 2023-12-31 04664684 frs-core:ShareCapital 2024-12-31 04664684 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04664684 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04664684 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04664684 frs-bus:SmallEntities 2024-01-01 2024-12-31 04664684 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04664684 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04664684 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 04664684 frs-bus:OrdinaryShareClass1 2024-12-31 04664684 1 2024-01-01 2024-12-31 04664684 frs-bus:Director1 2024-01-01 2024-12-31 04664684 frs-bus:Director2 2024-01-01 2024-12-31 04664684 frs-bus:Director3 2024-01-01 2024-12-31 04664684 frs-bus:Director4 2024-01-01 2024-12-31 04664684 frs-countries:EnglandWales 2024-01-01 2024-12-31 04664684 2022-12-31 04664684 2023-12-31 04664684 2023-01-01 2023-12-31 04664684 frs-core:CurrentFinancialInstruments 2023-12-31 04664684 frs-core:Non-currentFinancialInstruments 2023-12-31 04664684 frs-core:ShareCapital 2023-12-31 04664684 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04664684 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04664684 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 04664684
AC&MS Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04664684
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,700 4,283
3,700 4,283
CURRENT ASSETS
Stocks 5 230 105
Debtors 6 172,084 208,851
Cash at bank and in hand 97,292 64,330
269,606 273,286
Creditors: Amounts Falling Due Within One Year 7 (151,695 ) (231,386 )
NET CURRENT ASSETS (LIABILITIES) 117,911 41,900
TOTAL ASSETS LESS CURRENT LIABILITIES 121,611 46,183
Creditors: Amounts Falling Due After More Than One Year 8 (4,167 ) (14,167 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (435 ) (95 )
NET ASSETS 117,009 31,921
CAPITAL AND RESERVES
Called up share capital 10 150 150
Profit and Loss Account 116,859 31,771
SHAREHOLDERS' FUNDS 117,009 31,921
Page 1
Page 2
For the year ending 31 December 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 Roy Walker
Director
24/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
AC&MS Limited Registered number 04664684 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 13, International Business Park, Charfleets Road, Canvey Island, Essex, SS8 0SG.
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:
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 17)
17 17
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 22,706 90,974 17,105 130,785
Additions - 1,168 - 1,168
As at 31 December 2024 22,706 92,142 17,105 131,953
...CONTINUED
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Page 4
Depreciation
As at 1 January 2024 19,864 86,638 20,000 126,502
Provided during the period 955 662 134 1,751
As at 31 December 2024 20,819 87,300 20,134 128,253
Net Book Value
As at 31 December 2024 1,887 4,842 (3,029 ) 3,700
As at 1 January 2024 2,842 4,336 (2,895 ) 4,283
5. Stocks
2024 2023
£ £
Materials 230 105
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 114,206 141,700
Prepayments and accrued income 55,378 64,441
Other debtors 2,400 2,400
Net wages 100 310
172,084 208,851
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 44,850 59,466
Bank loans and overdrafts 10,000 10,000
Corporation tax 40,740 30,905
Other taxes and social security 14,299 18,132
VAT 38,331 26,744
Other creditors - 8,183
Invoice Finance - 38,547
Accruals and deferred income 3,475 2,697
Directors' loan accounts - 36,712
151,695 231,386
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,167 14,167
4,167 14,167
Page 4
Page 5
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 435 95
10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
150 Ordinary Shares of £ 1.00 each 150 150
11. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 5