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 03626148 A Lewis J A Lewis A Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03626148 2023-09-30 03626148 2024-09-30 03626148 2023-10-01 2024-09-30 03626148 frs-core:CurrentFinancialInstruments 2024-09-30 03626148 frs-core:Non-currentFinancialInstruments 2024-09-30 03626148 frs-core:BetweenOneFiveYears 2024-09-30 03626148 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 03626148 frs-core:MotorVehicles 2023-10-01 2024-09-30 03626148 frs-core:OtherResidualIntangibleAssets 2024-09-30 03626148 frs-core:OtherResidualIntangibleAssets 2023-09-30 03626148 frs-core:PlantMachinery 2024-09-30 03626148 frs-core:PlantMachinery 2023-10-01 2024-09-30 03626148 frs-core:PlantMachinery 2023-09-30 03626148 frs-core:WithinOneYear 2024-09-30 03626148 frs-core:ShareCapital 2024-09-30 03626148 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 03626148 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03626148 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 03626148 frs-bus:SmallEntities 2023-10-01 2024-09-30 03626148 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03626148 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 03626148 frs-bus:Director1 2023-10-01 2024-09-30 03626148 frs-bus:Director2 2023-10-01 2024-09-30 03626148 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 03626148 frs-countries:EnglandWales 2023-10-01 2024-09-30 03626148 2022-09-30 03626148 2023-09-30 03626148 2022-10-01 2023-09-30 03626148 frs-core:CurrentFinancialInstruments 2023-09-30 03626148 frs-core:Non-currentFinancialInstruments 2023-09-30 03626148 frs-core:BetweenOneFiveYears 2023-09-30 03626148 frs-core:WithinOneYear 2023-09-30 03626148 frs-core:ShareCapital 2023-09-30 03626148 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 03626148
Mercian Science Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
The Boss Partnership
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03626148
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,775 7,775
Tangible Assets 5 99,090 129,906
106,865 137,681
CURRENT ASSETS
Stocks 6 9,440 52,940
Debtors 7 443,940 574,690
Cash at bank and in hand 55,389 42,074
508,769 669,704
Creditors: Amounts Falling Due Within One Year 8 (565,138 ) (525,840 )
NET CURRENT ASSETS (LIABILITIES) (56,369 ) 143,864
TOTAL ASSETS LESS CURRENT LIABILITIES 50,496 281,545
Creditors: Amounts Falling Due After More Than One Year 9 (31,727 ) (59,288 )
NET ASSETS 18,769 222,257
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 18,669 222,157
SHAREHOLDERS' FUNDS 18,769 222,257
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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
J A Lewis
Director
11/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Mercian Science Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03626148 . The registered office is Aqua House Britannia Enterprise Park, Europa Way, Lichfield, Staffordshire, WS14 9TZ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... 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 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 20% Straight line
Motor Vehicles 20% Straight line
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2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2023: NIL)
24 -
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 7,775
As at 30 September 2024 7,775
Net Book Value
As at 30 September 2024 7,775
As at 1 October 2023 7,775
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2023 470,883
Additions 13,595
As at 30 September 2024 484,478
Depreciation
As at 1 October 2023 340,977
Provided during the period 44,411
As at 30 September 2024 385,388
...CONTINUED
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Net Book Value
As at 30 September 2024 99,090
As at 1 October 2023 129,906
6. Stocks
2024 2023
£ £
Stock 9,440 52,940
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 164,156 205,411
Amounts owed by group undertakings 271,286 368,270
Other debtors 8,498 1,009
443,940 574,690
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 27,569 37,615
Trade creditors 184,160 138,946
Bank loans and overdrafts 10,000 10,000
Amounts owed to group undertakings 40,779 60,273
Amounts owed to participating interests 233,860 233,860
Other creditors 15,258 14,875
Taxation and social security 53,512 30,271
565,138 525,840
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 25,060 42,621
Bank loans 6,667 16,667
31,727 59,288
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10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 27,569 37,615
Later than one year and not later than five years 25,060 42,621
52,629 80,236
52,629 80,236
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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