Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 04854822 Mr Mark Armer Mrs Elizabeth Armer Mrs Elizabeth Armer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04854822 2023-07-31 04854822 2024-07-31 04854822 2023-08-01 2024-07-31 04854822 frs-core:Non-currentFinancialInstruments 2024-07-31 04854822 frs-core:BetweenOneFiveYears 2024-07-31 04854822 frs-core:ComputerEquipment 2023-08-01 2024-07-31 04854822 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 04854822 frs-core:FurnitureFittings 2023-08-01 2024-07-31 04854822 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04854822 frs-core:MotorVehicles 2023-08-01 2024-07-31 04854822 frs-core:PlantMachinery 2023-08-01 2024-07-31 04854822 frs-core:WithinOneYear 2024-07-31 04854822 frs-core:ShareCapital 2024-07-31 04854822 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04854822 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04854822 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 04854822 frs-bus:SmallEntities 2023-08-01 2024-07-31 04854822 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04854822 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04854822 frs-bus:Director1 2023-08-01 2024-07-31 04854822 frs-bus:Director2 2023-08-01 2024-07-31 04854822 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 04854822 frs-countries:EnglandWales 2023-08-01 2024-07-31 04854822 2022-07-31 04854822 2023-07-31 04854822 2022-08-01 2023-07-31 04854822 frs-core:Non-currentFinancialInstruments 2023-07-31 04854822 frs-core:BetweenOneFiveYears 2023-07-31 04854822 frs-core:WithinOneYear 2023-07-31 04854822 frs-core:ShareCapital 2023-07-31 04854822 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04854822
Mark Armer Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Company Information 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—6
Page 1
Company Information
Directors Mr Mark Armer
Mrs Elizabeth Armer
Secretary Mrs Elizabeth Armer
Company Number 04854822
Registered Office Latham House
Dolphinholme
Lancaster
LA2 9AH
Accountants Elizabeth Armer
Latham House
Dolphinholme
Lancaster
LA2 9AH
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Abridged Balance Sheet
Registered number: 04854822
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,167 4,167
Tangible Assets 5 755,572 697,315
759,739 701,482
CURRENT ASSETS
Stocks 2,500 6,750
Debtors 288,430 499,336
Cash at bank and in hand 524,293 389,624
815,223 895,710
Creditors: Amounts Falling Due Within One Year (274,916 ) (471,002 )
NET CURRENT ASSETS (LIABILITIES) 540,307 424,708
TOTAL ASSETS LESS CURRENT LIABILITIES 1,300,046 1,126,190
Creditors: Amounts Falling Due After More Than One Year - (7,778 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (155,230 ) (174,329 )
NET ASSETS 1,144,816 944,083
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 1,143,816 943,083
SHAREHOLDERS' FUNDS 1,144,816 944,083
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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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Elizabeth Armer
Director
28/04/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Mark Armer Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04854822 . The registered office is Latham House, Dolphinholme, Lancaster, LA2 9AH.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are private number plates for company vehicles.
2.4. 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:
Freehold Not depreciated
Plant & Machinery Straight line basis over 3-10 years
Motor Vehicles Straight line basis over 5-8 years
Fixtures & Fittings Straight line basis over 10 years
Computer Equipment Straight line basis over 3 years
2.5. 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.
2.6. 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.
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2.7. 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.
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.
2.8. 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. The company also makes payments to the directors' own private pension plans. Contributions into these plans are charged to the profit and loss account in the period to which they relate.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Intangible Assets
Total
£
Cost
As at 1 August 2023 4,167
As at 31 July 2024 4,167
Net Book Value
As at 31 July 2024 4,167
As at 1 August 2023 4,167
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5. Tangible Assets
Total
£
Cost
As at 1 August 2023 1,298,784
Additions 258,457
Disposals (88,400 )
As at 31 July 2024 1,468,841
Depreciation
As at 1 August 2023 601,469
Provided during the period 145,186
Disposals (33,386 )
As at 31 July 2024 713,269
Net Book Value
As at 31 July 2024 755,572
As at 1 August 2023 697,315
6. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 22,361 27,204
Later than one year and not later than five years - 7,778
22,361 34,982
22,361 34,982
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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