Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04898094 Mr A T Gauci Mrs M Gauci Mrs M Gauci iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04898094 2023-09-30 04898094 2024-09-30 04898094 2023-10-01 2024-09-30 04898094 frs-core:CurrentFinancialInstruments 2024-09-30 04898094 frs-core:Non-currentFinancialInstruments 2024-09-30 04898094 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 04898094 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04898094 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 04898094 frs-core:ShareCapital 2024-09-30 04898094 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04898094 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04898094 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04898094 frs-bus:SmallEntities 2023-10-01 2024-09-30 04898094 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04898094 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04898094 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-01 2024-09-30 04898094 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30 04898094 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-30 04898094 frs-bus:Director1 2023-10-01 2024-09-30 04898094 frs-bus:Director2 2023-10-01 2024-09-30 04898094 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04898094 frs-countries:EnglandWales 2023-10-01 2024-09-30 04898094 2022-09-30 04898094 2023-09-30 04898094 2022-10-01 2023-09-30 04898094 frs-core:CurrentFinancialInstruments 2023-09-30 04898094 frs-core:Non-currentFinancialInstruments 2023-09-30 04898094 frs-core:ShareCapital 2023-09-30 04898094 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 04898094 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30
Registered number: 04898094
Mandrew Builders Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04898094
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 580,000 900,000
580,000 900,000
CURRENT ASSETS
Debtors 5 48,263 36,398
Cash at bank and in hand 156,346 7,083
204,609 43,481
Creditors: Amounts Falling Due Within One Year 6 (78,552 ) (17,966 )
NET CURRENT ASSETS (LIABILITIES) 126,057 25,515
TOTAL ASSETS LESS CURRENT LIABILITIES 706,057 925,515
Creditors: Amounts Falling Due After More Than One Year 7 (200,780 ) (569,826 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,516 ) (61,422 )
NET ASSETS 442,761 294,267
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Fair value reserve 9 187,550 261,852
Profit and Loss Account 254,211 31,415
SHAREHOLDERS' FUNDS 442,761 294,267
Page 1
Page 2
For the year ending 30 September 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 A T Gauci
Director
23/05/2025
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
Mandrew Builders Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04898094 . The registered office is 7-8 Raleigh Walk, Waterfront 2000 Brigantine Place, Cardiff, CF10 4LN.
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. 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 0%
2.3. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 October 2023 900,000
Disposals (320,000 )
As at 30 September 2024 580,000
Net Book Value
As at 30 September 2024 580,000
As at 1 October 2023 900,000
Page 3
Page 4
Cost or valuation as at 30 September 2024 represented by:
Land & Property
Freehold
£
At cost 329,935
At valuation 250,065
580,000
Freehold land and properties were valued on an open market basis on 1 October 2016 by the directors.. 
 Value of land in freehold land and buildings £71,851
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Land & Property
Freehold
£
Cost 329,934
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 48,263 36,398
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Other creditors 23,449 15,984
Taxation and social security 55,102 1,982
78,552 17,966
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 200,780 569,826
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4
Page 5
9. Reserves
Fair Value Reserve
£
As at 1 October 2023 261,852
Transfer to profit and loss (74,302 )
As at 30 September 2024 187,550
10. Related Party Transactions
The company is controlled by Mr A T Gauci and Mrs M Gauci who are also directors.During the year they lent
various monies to the company.The balance of these loans at the year end was £21,961 ( 2023: £14,554.)
Page 5