Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05831330 Mr John McGregor Mrs Jacqueline McGregor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05831330 2024-03-31 05831330 2025-03-31 05831330 2024-04-01 2025-03-31 05831330 frs-core:ShareCapital 2025-03-31 05831330 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 05831330 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05831330 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05831330 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05831330 frs-bus:SmallEntities 2024-04-01 2025-03-31 05831330 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05831330 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05831330 frs-core:UnlistedNon-exchangeTraded 2025-03-31 05831330 frs-core:UnlistedNon-exchangeTraded 2024-03-31 05831330 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 05831330 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 05831330 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 05831330 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 05831330 frs-bus:Director1 2024-04-01 2025-03-31 05831330 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 05831330 frs-countries:EnglandWales 2024-04-01 2025-03-31 05831330 2023-03-31 05831330 2024-03-31 05831330 2023-04-01 2024-03-31 05831330 frs-core:ShareCapital 2023-03-31 05831330 frs-core:ShareCapital 2024-03-31 05831330 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 05831330 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 05831330 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05831330
John McGregor Financial Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05831330
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 742,464 742,464
742,464 742,464
CURRENT ASSETS
Cash at bank and in hand 2 2
2 2
Creditors: Amounts Falling Due Within One Year (437,893 ) (438,016 )
NET CURRENT ASSETS (LIABILITIES) (437,891 ) (438,014 )
TOTAL ASSETS LESS CURRENT LIABILITIES 304,573 304,450
NET ASSETS 304,573 304,450
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 304,571 304,448
SHAREHOLDERS' FUNDS 304,573 304,450
For the year ending 31 March 2025 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 John McGregor
Director
02/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 2 304,203 304,205
Profit for the year and total comprehensive income - 111,500 111,500
Dividends paid - (111,255) (111,255)
As at 31 March 2024 and 1 April 2024 2 304,448 304,450
Profit for the year and total comprehensive income - 141,000 141,000
Dividends paid - (140,877) (140,877)
As at 31 March 2025 2 304,571 304,573
Page 2
Page 3
Notes to the Financial Statements
1. General Information
John McGregor Financial Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05831330 . The registered office is Ribble Court Business Centre, Meadway, Padiham, Burnley, Lancashire, BB12 7NG.
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. Financial Instruments
Classification
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contact that evidences a residual interest in the assets of the entity after deducting all of its financial liaibilites.
Where the contractual obligations of financial instruments (inclduing share capital) are equivalent to a similar debt isntrument, those financial instrements are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classes as an equity instrument. Dividends and distribtuons relating to equity instruments are debited direct to equity.
2.3. Group accounts not prepared
The financial statements contain information about John McGregor Financial Services Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.4. Investments
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investments
Unlisted
£
Cost
As at 1 April 2024 742,464
As at 31 March 2025 742,464
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 742,464
As at 1 April 2024 742,464
Details of undertakings
Details of the investments (including principal place of business of unincorporate identities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertakings Registered office Holding Proportion of voting rights
and shares held
2024
Subsidiary undertakings
Haworth Financial Services Ltd Ordinary 100%
...CONTINUED
Page 3
Page 4
4. Investments - continued
Ribble court, 1 Mead Way
Shuttleworth Mead Business Park
Padiham, Lancashire
BB12 7NG
England
Subsidiary undertakings
Haworth Financial Services Ltd
The principal activity of Haworth Financial Services Ltd is Financial services intermediary.
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4