Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 05935450 Mr Eric Roberts Jacquelaine Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05935450 2023-08-31 05935450 2024-08-31 05935450 2023-09-01 2024-08-31 05935450 frs-core:CurrentFinancialInstruments 2024-08-31 05935450 frs-core:Non-currentFinancialInstruments 2024-08-31 05935450 frs-core:ComputerEquipment 2024-08-31 05935450 frs-core:ComputerEquipment 2023-09-01 2024-08-31 05935450 frs-core:ComputerEquipment 2023-08-31 05935450 frs-core:MotorVehicles 2023-09-01 2024-08-31 05935450 frs-core:PlantMachinery 2024-08-31 05935450 frs-core:PlantMachinery 2023-09-01 2024-08-31 05935450 frs-core:PlantMachinery 2023-08-31 05935450 frs-core:ShareCapital 2024-08-31 05935450 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 05935450 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05935450 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 05935450 frs-bus:SmallEntities 2023-09-01 2024-08-31 05935450 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05935450 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05935450 frs-bus:Director1 2023-09-01 2024-08-31 05935450 frs-bus:Director1 2023-08-31 05935450 frs-bus:Director1 2024-08-31 05935450 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 05935450 frs-countries:EnglandWales 2023-09-01 2024-08-31 05935450 2022-08-31 05935450 2023-08-31 05935450 2022-09-01 2023-08-31 05935450 frs-core:CurrentFinancialInstruments 2023-08-31 05935450 frs-core:Non-currentFinancialInstruments 2023-08-31 05935450 frs-core:ShareCapital 2023-08-31 05935450 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 05935450
MTC Surveying Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05935450
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,254 3,586
3,254 3,586
CURRENT ASSETS
Debtors 5 8,322 -
Cash at bank and in hand 35,000 52,332
43,322 52,332
Creditors: Amounts Falling Due Within One Year 6 (34,537 ) (42,457 )
NET CURRENT ASSETS (LIABILITIES) 8,785 9,875
TOTAL ASSETS LESS CURRENT LIABILITIES 12,039 13,461
Creditors: Amounts Falling Due After More Than One Year 7 (9,929 ) (12,182 )
NET ASSETS 2,110 1,279
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 2,010 1,179
SHAREHOLDERS' FUNDS 2,110 1,279
Page 1
Page 2
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Eric Roberts
Director
16/05/2025
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
MTC Surveying Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05935450 . The registered office is First Floor, Copper House, 88 Snakes Lane East , Woodford Green, Essex, IG8 7HX.
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% Reducing balance method
Motor Vehicles 25% Reducing balance method
Computer Equipment 25% Reducing balance method
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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: 1 (2023: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 657 8,296 8,953
Additions - 522 522
As at 31 August 2024 657 8,818 9,475
Depreciation
As at 1 September 2023 140 5,227 5,367
Provided during the period 110 744 854
As at 31 August 2024 250 5,971 6,221
Net Book Value
As at 31 August 2024 407 2,847 3,254
As at 1 September 2023 517 3,069 3,586
5. Debtors
2024 2023
£ £
Due within one year
Director's loan account 8,322 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Bank loans and overdrafts 2,654 2,739
Corporation tax 30,450 24,681
VAT 233 13,488
Accruals and deferred income 1,200 1,200
Director's loan account - 348
34,537 42,457
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,929 12,182
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
During the year the company operated a director's loan account.  As at the year end the amount due to the company from a director was £8,322. This loan was repaid within the 9 months period
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Eric Roberts - 8,322 - - 8,322
Page 5