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 13640274 Mr Nicholas Drew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13640274 2023-09-30 13640274 2024-09-30 13640274 2023-10-01 2024-09-30 13640274 frs-core:CurrentFinancialInstruments 2024-09-30 13640274 frs-core:ComputerEquipment 2024-09-30 13640274 frs-core:ComputerEquipment 2023-10-01 2024-09-30 13640274 frs-core:ComputerEquipment 2023-09-30 13640274 frs-core:FurnitureFittings 2024-09-30 13640274 frs-core:FurnitureFittings 2023-10-01 2024-09-30 13640274 frs-core:FurnitureFittings 2023-09-30 13640274 frs-core:MotorVehicles 2024-09-30 13640274 frs-core:MotorVehicles 2023-10-01 2024-09-30 13640274 frs-core:MotorVehicles 2023-09-30 13640274 frs-core:PlantMachinery 2024-09-30 13640274 frs-core:PlantMachinery 2023-10-01 2024-09-30 13640274 frs-core:PlantMachinery 2023-09-30 13640274 frs-core:ShareCapital 2024-09-30 13640274 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 13640274 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13640274 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 13640274 frs-bus:SmallEntities 2023-10-01 2024-09-30 13640274 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 13640274 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13640274 frs-bus:Director1 2023-10-01 2024-09-30 13640274 frs-countries:EnglandWales 2023-10-01 2024-09-30 13640274 2022-09-30 13640274 2023-09-30 13640274 2022-10-01 2023-09-30 13640274 frs-core:CurrentFinancialInstruments 2023-09-30 13640274 frs-core:ShareCapital 2023-09-30 13640274 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 13640274
NMD Consulting Engineers Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13640274
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 40,311 11,994
40,311 11,994
CURRENT ASSETS
Stocks 5 9,736 4,593
Debtors 6 31,112 36,346
Cash at bank and in hand 16,331 34,229
57,179 75,168
Creditors: Amounts Falling Due Within One Year 7 (49,362 ) (53,526 )
NET CURRENT ASSETS (LIABILITIES) 7,817 21,642
TOTAL ASSETS LESS CURRENT LIABILITIES 48,128 33,636
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,210 ) (2,023 )
NET ASSETS 44,918 31,613
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 44,818 31,513
SHAREHOLDERS' FUNDS 44,918 31,613
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 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 Nicholas Drew
Director
24 June 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
NMD Consulting Engineers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13640274 . The registered office is 138 High Street, Crediton, Devon, EX17 3DX.  The business address is Studio One, Willowdene, Sandford, Devon, EX17 4NA.
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 & Equipment 15% reducing balance
Motor Vehicles 20% reducing balance
Office Equipment 15% reducing balance
Computer Equipment 15% reducing balance
2.4. 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.
2.5. Financial Instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
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.
...CONTINUED
Page 2
Page 3
2.6. Taxation - continued
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
2.9. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Equipment Motor Vehicles Office Equipment Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 2,851 - 2,826 7,990 13,667
Additions 2,416 31,495 262 2,671 36,844
Disposals - - - (637 ) (637 )
As at 30 September 2024 5,267 31,495 3,088 10,024 49,874
Depreciation
As at 1 October 2023 174 - 359 1,140 1,673
Provided during the period 577 5,774 388 1,183 7,922
Disposals - - - (32 ) (32 )
As at 30 September 2024 751 5,774 747 2,291 9,563
Net Book Value
As at 30 September 2024 4,516 25,721 2,341 7,733 40,311
As at 1 October 2023 2,677 - 2,467 6,850 11,994
5. Stocks
2024 2023
£ £
Work in progress 9,736 4,593
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 29,203 35,365
Prepayments and accrued income 1,909 981
31,112 36,346
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 6,422 16,013
Other taxes and social security 823 1,061
VAT 10,364 8,796
Other creditors 1,581 56
Accruals and deferred income 7,419 2,811
Director's loan account 22,753 24,789
49,362 53,526
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
At the year end, 30 September 2024, the director was owed £22,753 (2023: £24,789) in respect of loans held with the company. These amounts are interest free and repayable on demand.
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