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 10327398 Mr Jon English the director true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10327398 2024-03-31 10327398 2025-03-31 10327398 2024-04-01 2025-03-31 10327398 frs-core:CurrentFinancialInstruments 2025-03-31 10327398 frs-core:Non-currentFinancialInstruments 2025-03-31 10327398 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10327398 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 10327398 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10327398 frs-core:LandBuildings 2025-03-31 10327398 frs-core:LandBuildings 2024-04-01 2025-03-31 10327398 frs-core:LandBuildings 2024-03-31 10327398 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10327398 frs-core:OtherResidualIntangibleAssets 2025-03-31 10327398 frs-core:OtherResidualIntangibleAssets 2024-03-31 10327398 frs-core:PlantMachinery 2025-03-31 10327398 frs-core:PlantMachinery 2024-04-01 2025-03-31 10327398 frs-core:PlantMachinery 2024-03-31 10327398 frs-core:ShareCapital 2025-03-31 10327398 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10327398 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10327398 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10327398 frs-bus:SmallEntities 2024-04-01 2025-03-31 10327398 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10327398 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10327398 1 2024-04-01 2025-03-31 10327398 frs-bus:Director1 2024-04-01 2025-03-31 10327398 frs-countries:EnglandWales 2024-04-01 2025-03-31 10327398 2023-03-31 10327398 2024-03-31 10327398 2023-04-01 2024-03-31 10327398 frs-core:CurrentFinancialInstruments 2024-03-31 10327398 frs-core:Non-currentFinancialInstruments 2024-03-31 10327398 frs-core:ShareCapital 2024-03-31 10327398 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10327398
Meadow Automotive Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10327398
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,000 7,000
Tangible Assets 5 973,645 7,156
980,645 14,156
CURRENT ASSETS
Stocks 6 816,133 1,358,886
Debtors 7 516,137 229,393
Cash at bank and in hand 304,517 521,993
1,636,787 2,110,272
Creditors: Amounts Falling Due Within One Year 8 (726,909 ) (960,663 )
NET CURRENT ASSETS (LIABILITIES) 909,878 1,149,609
TOTAL ASSETS LESS CURRENT LIABILITIES 1,890,523 1,163,765
Creditors: Amounts Falling Due After More Than One Year 9 - (31,250 )
NET ASSETS 1,890,523 1,132,515
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 1,890,423 1,132,415
SHAREHOLDERS' FUNDS 1,890,523 1,132,515
Page 1
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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 Jon English
Director
13 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Meadow Automotive Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10327398 . The registered office is Unit 40 Wakefield Commercial Park Bridge Road, Horbury, Wakefield, WF4 5NW.
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. 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.

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:
Freehold not depreciated
Plant & Machinery 20% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33.3% on cost
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
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 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 7,000
As at 31 March 2025 7,000
Net Book Value
As at 31 March 2025 7,000
As at 1 April 2024 7,000
5. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2024 - 14,478 14,478
Additions 967,823 - 967,823
As at 31 March 2025 967,823 14,478 982,301
Depreciation
As at 1 April 2024 - 7,322 7,322
Provided during the period - 1,334 1,334
As at 31 March 2025 - 8,656 8,656
Net Book Value
As at 31 March 2025 967,823 5,822 973,645
As at 1 April 2024 - 7,156 7,156
6. Stocks
2025 2024
£ £
Materials 816,133 1,358,886
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7. Debtors
2025 2024
£ £
Due within one year
Other debtors 516,137 229,393
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 31,250 62,500
Other creditors 397,305 599,105
Taxation and social security 298,354 299,058
726,909 960,663
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 31,250
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
The the year the company made a loan to Meadow Developments Group Ltd a company owned by the director. At the year end a balance outstanding was £473,740 (2024: £188,250).
12. Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.
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