Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11497094 Mr Matthew Bell Mr Aaron Driver Mr Robert McCarter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11497094 2023-07-31 11497094 2024-07-31 11497094 2023-08-01 2024-07-31 11497094 frs-core:Non-currentFinancialInstruments 2024-07-31 11497094 frs-core:ComputerEquipment 2024-07-31 11497094 frs-core:ComputerEquipment 2023-08-01 2024-07-31 11497094 frs-core:ComputerEquipment 2023-07-31 11497094 frs-core:MotorVehicles 2024-07-31 11497094 frs-core:MotorVehicles 2023-08-01 2024-07-31 11497094 frs-core:MotorVehicles 2023-07-31 11497094 frs-core:PlantMachinery 2024-07-31 11497094 frs-core:PlantMachinery 2023-08-01 2024-07-31 11497094 frs-core:PlantMachinery 2023-07-31 11497094 frs-core:ShareCapital 2024-07-31 11497094 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11497094 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11497094 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 11497094 frs-bus:SmallEntities 2023-08-01 2024-07-31 11497094 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11497094 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11497094 frs-bus:Director1 2023-08-01 2024-07-31 11497094 frs-bus:Director2 2023-08-01 2024-07-31 11497094 frs-bus:Director3 2023-08-01 2024-07-31 11497094 frs-countries:EnglandWales 2023-08-01 2024-07-31 11497094 2022-07-31 11497094 2023-07-31 11497094 2022-08-01 2023-07-31 11497094 frs-core:Non-currentFinancialInstruments 2023-07-31 11497094 frs-core:ShareCapital 2023-07-31 11497094 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11497094
M A Drylining & Plastering Ltd
Financial Statements
For The Year Ended 31 July 2024
Apple Accountancy Services Limited
Chartered Certified Accountants
146 Manor Way
Borehamwood
Hertfordshire
WD6 1QX
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of M A Drylining & Plastering Ltd For The Year Ended 31 July 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of M A Drylining & Plastering Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of M A Drylining & Plastering Ltd , as a body, in accordance with the terms of our engagement letter dated 30 October 2018. Our work has been undertaken solely to prepare for your approval the accounts of M A Drylining & Plastering Ltd and state those matters that we have agreed to state to the directors of M A Drylining & Plastering Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M A Drylining & Plastering Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that M A Drylining & Plastering Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of M A Drylining & Plastering Ltd . You consider that M A Drylining & Plastering Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of M A Drylining & Plastering Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
14th April 2025
Apple Accountancy Services Limited
Chartered Certified Accountants
146 Manor Way
Borehamwood
Hertfordshire
WD6 1QX
Page 1
Page 2
Balance Sheet
Registered number: 11497094
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 94,243 15,346
94,243 15,346
CURRENT ASSETS
Stocks 5 53,000 53,000
Debtors 865,139 288,972
Cash at bank and in hand 229,802 95,567
1,147,941 437,539
Creditors: Amounts Falling Due Within One Year (983,263 ) (381,254 )
NET CURRENT ASSETS (LIABILITIES) 164,678 56,285
TOTAL ASSETS LESS CURRENT LIABILITIES 258,921 71,631
Creditors: Amounts Falling Due After More Than One Year (248,011 ) (18,560 )
NET ASSETS 10,910 53,071
CAPITAL AND RESERVES
Called up share capital 202 202
Profit and Loss Account 10,708 52,869
SHAREHOLDERS' FUNDS 10,910 53,071
Page 2
Page 3
For the year ending 31 July 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 Matthew Bell
Director
Mr Aaron Driver
Director
14th April 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
M A Drylining & Plastering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11497094 . The registered office is 146 Manor Way, Borehamwood, Hertfordshire, WD6 1QX.
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Plant & Machinery 25% on cost
Motor Vehicles 2% Reducing balance
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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Page 5
2.5. 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.
2.6. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 39,640 - 16,678 56,318
Additions - 115,679 - 115,679
As at 31 July 2024 39,640 115,679 16,678 171,997
Depreciation
As at 1 August 2023 24,695 - 16,277 40,972
Provided during the period 7,473 28,920 389 36,782
As at 31 July 2024 32,168 28,920 16,666 77,754
Net Book Value
As at 31 July 2024 7,472 86,759 12 94,243
As at 1 August 2023 14,945 - 401 15,346
5. Stocks
2024 2023
£ £
Materials 53,000 53,000
Page 5