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 06134744 Mr MICHAEL COUSINS Mr RAY COUSINS Mrs JOAN COUSINS iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06134744 2024-03-31 06134744 2025-03-31 06134744 2024-04-01 2025-03-31 06134744 frs-core:CurrentFinancialInstruments 2025-03-31 06134744 frs-core:Non-currentFinancialInstruments 2025-03-31 06134744 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06134744 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06134744 frs-core:NetGoodwill 2025-03-31 06134744 frs-core:NetGoodwill 2024-04-01 2025-03-31 06134744 frs-core:NetGoodwill 2024-03-31 06134744 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06134744 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06134744 frs-core:MotorVehicles 2024-04-01 2025-03-31 06134744 frs-core:PlantMachinery 2025-03-31 06134744 frs-core:PlantMachinery 2024-04-01 2025-03-31 06134744 frs-core:PlantMachinery 2024-03-31 06134744 frs-core:ShareCapital 2025-03-31 06134744 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06134744 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06134744 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06134744 frs-bus:SmallEntities 2024-04-01 2025-03-31 06134744 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06134744 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06134744 frs-bus:Director1 2024-04-01 2025-03-31 06134744 frs-bus:Director2 2024-04-01 2025-03-31 06134744 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06134744 frs-countries:EnglandWales 2024-04-01 2025-03-31 06134744 2023-03-31 06134744 2024-03-31 06134744 2023-04-01 2024-03-31 06134744 frs-core:CurrentFinancialInstruments 2024-03-31 06134744 frs-core:Non-currentFinancialInstruments 2024-03-31 06134744 frs-core:ShareCapital 2024-03-31 06134744 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06134744
MIKE COUSINS & SON LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Garveys Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06134744
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,000 8,000
Tangible Assets 5 1,401 1,462
9,401 9,462
CURRENT ASSETS
Stocks 6 2,725 2,825
Debtors 7 4,169 4,842
Cash at bank and in hand 4,749 5,169
11,643 12,836
Creditors: Amounts Falling Due Within One Year 8 (6,375 ) (6,335 )
NET CURRENT ASSETS (LIABILITIES) 5,268 6,501
TOTAL ASSETS LESS CURRENT LIABILITIES 14,669 15,963
Creditors: Amounts Falling Due After More Than One Year 9 (8,333 ) (8,333 )
NET ASSETS 6,336 7,630
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 6,236 7,530
SHAREHOLDERS' FUNDS 6,336 7,630
Page 1
Page 2
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 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 RAY COUSINS
Director
13/06/2025
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
MIKE COUSINS & SON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06134744 . The registered office is 84 HIGH STREET, HARLESDEN, LONDON, NW10 4SJ.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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%
Leasehold 0%
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
2.5. 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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
Manufacturing 2 2
3 3
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 8,000
As at 31 March 2025 8,000
Net Book Value
As at 31 March 2025 8,000
As at 1 April 2024 8,000
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 7,761
Additions 405
As at 31 March 2025 8,166
Depreciation
As at 1 April 2024 6,299
Provided during the period 466
As at 31 March 2025 6,765
Net Book Value
As at 31 March 2025 1,401
As at 1 April 2024 1,462
6. Stocks
2025 2024
£ £
Materials 2,725 2,825
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,341 2,483
Directors' loan accounts 1,828 2,359
4,169 4,842
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 500 550
Corporation tax 1,291 1,926
Other creditors 4,584 3,859
6,375 6,335
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 8,333 8,333
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 5