Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 00601312 Mr J G Bellinger Mrs D M Bellinger Mrs J J Dimbylow Mr O J Dimbylow Mr C C Hedges Mr O J Dimbylow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00601312 2023-12-31 00601312 2024-12-31 00601312 2024-01-01 2024-12-31 00601312 frs-core:CurrentFinancialInstruments 2024-12-31 00601312 frs-core:FurnitureFittings 2024-12-31 00601312 frs-core:FurnitureFittings 2024-01-01 2024-12-31 00601312 frs-core:FurnitureFittings 2023-12-31 00601312 frs-core:NetGoodwill 2024-12-31 00601312 frs-core:NetGoodwill 2024-01-01 2024-12-31 00601312 frs-core:NetGoodwill 2023-12-31 00601312 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 00601312 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 00601312 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 00601312 frs-core:MotorVehicles 2024-12-31 00601312 frs-core:MotorVehicles 2024-01-01 2024-12-31 00601312 frs-core:MotorVehicles 2023-12-31 00601312 frs-core:PlantMachinery 2024-12-31 00601312 frs-core:PlantMachinery 2024-01-01 2024-12-31 00601312 frs-core:PlantMachinery 2023-12-31 00601312 frs-core:OtherReservesSubtotal 2024-12-31 00601312 frs-core:ShareCapital 2024-12-31 00601312 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00601312 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00601312 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 00601312 frs-bus:SmallEntities 2024-01-01 2024-12-31 00601312 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00601312 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00601312 frs-bus:Director1 2024-01-01 2024-12-31 00601312 frs-bus:Director2 2024-01-01 2024-12-31 00601312 frs-bus:Director3 2024-01-01 2024-12-31 00601312 frs-bus:Director4 2024-01-01 2024-12-31 00601312 frs-bus:Director5 2024-01-01 2024-12-31 00601312 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 00601312 frs-countries:EnglandWales 2024-01-01 2024-12-31 00601312 2022-12-31 00601312 2023-12-31 00601312 2023-01-01 2023-12-31 00601312 frs-core:CurrentFinancialInstruments 2023-12-31 00601312 frs-core:OtherReservesSubtotal 2023-12-31 00601312 frs-core:ShareCapital 2023-12-31 00601312 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 00601312
M.M. Bellinger And Sons Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00601312
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 136,489 157,452
Investment Properties 6 1,225,000 1,225,000
1,361,489 1,382,452
CURRENT ASSETS
Stocks 7 2,079,256 2,201,902
Debtors 8 73,061 133,381
Cash at bank and in hand 532,527 203,610
2,684,844 2,538,893
Creditors: Amounts Falling Due Within One Year 9 (1,628,688 ) (1,640,804 )
NET CURRENT ASSETS (LIABILITIES) 1,056,156 898,089
TOTAL ASSETS LESS CURRENT LIABILITIES 2,417,645 2,280,541
PROVISIONS FOR LIABILITIES
Deferred Taxation (19,961 ) -
NET ASSETS 2,397,684 2,280,541
CAPITAL AND RESERVES
Called up share capital 10 5,000 5,000
Other reserves 269,096 269,096
Profit and Loss Account 2,123,588 2,006,445
SHAREHOLDERS' FUNDS 2,397,684 2,280,541
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 O J Dimbylow
Director
9 May 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
M.M. Bellinger And Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00601312 . The registered office is Station Road, Grove, Wantage, Oxfordshire, OX12 0DH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention except that as disclosed in the accounting policies certain itmes are shown at fair value.  They are presented in Sterling (£) and rounded to the nearest pound.
The financial statements have been prepared 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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
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:
Leasehold 25% reducing balance
Plant & Machinery 25% reducing balance/25% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 25% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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.
Page 3
Page 4
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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 47 (2023: 48)
47 48
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 39,000
As at 31 December 2024 39,000
Amortisation
As at 1 January 2024 39,000
As at 31 December 2024 39,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2024 530,344 1,023,045 35,779 413,005 2,002,173
Additions - 16,780 15,975 8,477 41,232
Disposals - - (28,275 ) - (28,275 )
As at 31 December 2024 530,344 1,039,825 23,479 421,482 2,015,130
Depreciation
As at 1 January 2024 510,702 936,005 27,791 370,223 1,844,721
...CONTINUED
Page 4
Page 5
Provided during the period 408 25,539 4,739 12,765 43,451
Disposals - - (9,531 ) - (9,531 )
As at 31 December 2024 511,110 961,544 22,999 382,988 1,878,641
Net Book Value
As at 31 December 2024 19,234 78,281 480 38,494 136,489
As at 1 January 2024 19,642 87,040 7,988 42,782 157,452
6. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 1,225,000
7. Stocks
2024 2023
£ £
Finished goods 2,074,411 2,186,476
Work in progress 4,845 15,426
2,079,256 2,201,902
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,711 77,314
Prepayments and accrued income 39,117 22,210
Other debtors 3,233 33,857
73,061 133,381
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 855,244 847,183
Other loans 525,000 600,000
Other taxes and social security 30,459 24,123
VAT 174,704 69,096
Other creditors 9,462 63,139
Accruals and deferred income 33,819 37,263
1,628,688 1,640,804
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
Page 5