Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12270303 Mr Anthony Murphy Mrs Deborah Murphy Mr James Murphy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12270303 2023-12-31 12270303 2024-12-31 12270303 2024-01-01 2024-12-31 12270303 frs-core:Non-currentFinancialInstruments 2024-12-31 12270303 frs-core:BetweenOneFiveYears 2024-12-31 12270303 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12270303 frs-core:MotorVehicles 2024-01-01 2024-12-31 12270303 frs-core:PlantMachinery 2024-01-01 2024-12-31 12270303 frs-core:WithinOneYear 2024-12-31 12270303 frs-core:ShareCapital 2024-12-31 12270303 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12270303 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12270303 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 12270303 frs-bus:SmallEntities 2024-01-01 2024-12-31 12270303 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12270303 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12270303 frs-core:AdditionsToInvestments 2024-12-31 12270303 frs-core:CostValuation 2024-12-31 12270303 frs-bus:Director1 2024-01-01 2024-12-31 12270303 frs-bus:Director2 2024-01-01 2024-12-31 12270303 frs-bus:Director3 2024-01-01 2024-12-31 12270303 frs-countries:EnglandWales 2024-01-01 2024-12-31 12270303 2022-12-31 12270303 2023-12-31 12270303 2023-01-01 2023-12-31 12270303 frs-core:Non-currentFinancialInstruments 2023-12-31 12270303 frs-core:BetweenOneFiveYears 2023-12-31 12270303 frs-core:WithinOneYear 2023-12-31 12270303 frs-core:ShareCapital 2023-12-31 12270303 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12270303
Murphy's Building Services Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Jaggar Accountants Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 12270303
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 348,471 425,086
Investment Properties 5 167,244 167,244
Investments 6 130,800 -
646,515 592,330
CURRENT ASSETS
Debtors 506,973 540,070
Cash at bank and in hand 540,373 812,199
1,047,346 1,352,269
Creditors: Amounts Falling Due Within One Year (331,668 ) (369,962 )
NET CURRENT ASSETS (LIABILITIES) 715,678 982,307
TOTAL ASSETS LESS CURRENT LIABILITIES 1,362,193 1,574,637
Creditors: Amounts Falling Due After More Than One Year (52,887 ) (101,378 )
NET ASSETS 1,309,306 1,473,259
CAPITAL AND RESERVES
Called up share capital 8 200 100
Profit and Loss Account 1,309,106 1,473,159
SHAREHOLDERS' FUNDS 1,309,306 1,473,259
Page 1
Page 2
For the year ending 31 December 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Anthony Murphy
Director
17/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Murphy's Building Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12270303 . The registered office is Paddon House, 12 Stortford Road, Great Dunmow, Essex, CM6 1DA.
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
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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.
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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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 719,475
Additions 148,453
Disposals (233,589 )
As at 31 December 2024 634,339
Depreciation
As at 1 January 2024 294,389
Provided during the period 116,058
Disposals (124,579 )
As at 31 December 2024 285,868
Net Book Value
As at 31 December 2024 348,471
As at 1 January 2024 425,086
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 167,244
Page 4
Page 5
6. Investments
Total
£
Cost
As at 1 January 2024 -
Additions 130,800
As at 31 December 2024 130,800
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 130,800
As at 1 January 2024 -
7. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 64,925 84,763
Later than one year and not later than five years 38,812 77,413
103,737 162,176
103,737 162,176
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 100
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