Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC623398 Mr Christopher Walker Mr Ilan Reich Mr Guy Rubinstein MEL Cosec Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC623398 2023-09-30 SC623398 2024-09-30 SC623398 2023-10-01 2024-09-30 SC623398 frs-core:CurrentFinancialInstruments 2024-09-30 SC623398 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 SC623398 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC623398 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC623398 frs-core:ShareCapital 2024-09-30 SC623398 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC623398 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC623398 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC623398 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC623398 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC623398 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC623398 frs-bus:Director1 2023-10-01 2024-09-30 SC623398 frs-bus:Director2 2023-10-01 2024-09-30 SC623398 frs-bus:Director3 2023-10-01 2024-09-30 SC623398 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 SC623398 frs-countries:Scotland 2023-10-01 2024-09-30 SC623398 2022-09-30 SC623398 2023-09-30 SC623398 2022-10-01 2023-09-30 SC623398 frs-core:CurrentFinancialInstruments 2023-09-30 SC623398 frs-core:ShareCapital 2023-09-30 SC623398 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC623398
Muirhall 1901 Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC623398
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Work in progress 5 57,454 -
Debtors 6 16,600 16,600
74,054 16,600
Creditors: Amounts Falling Due Within One Year 7 (408,254 ) (350,800 )
NET CURRENT ASSETS (LIABILITIES) (334,200 ) (334,200 )
TOTAL ASSETS LESS CURRENT LIABILITIES (334,199 ) (334,199 )
NET LIABILITIES (334,199 ) (334,199 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (334,200 ) (334,200 )
SHAREHOLDERS' FUNDS (334,199) (334,199)
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
Mr Christopher Walker
Director
25/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Muirhall 1901 Limited is a private company, limited by shares, incorporated in Scotland, registered number SC623398 . The registered office is 3rd Floor Maxim 10, Parklands Avenue, Motherwell, ML1 4WQ.
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. Going Concern Disclosure
At the balance sheet date, the company had net current liabilities of £334,200 (2023: £334,200) and net liabilities of £334,199 (2023: £334,199).
These financial statements have been prepared on a going concern basis on the assumption that the company's creditors will continue to financially support the company for the foreseeable future. Having established this support, the directors believe that the going concern basis is appropriate and accordingly the financial statements do not include any adjustments that would arise should the support of the creditors be withdrawn.
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:
Freehold 2% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was as follows: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 October 2023 1
As at 30 September 2024 1
Net Book Value
As at 30 September 2024 1
As at 1 October 2023 1
5. Work in progress
2024 2023
£ £
Work in progress 57,454 -
Page 2
Page 3
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 16,600 16,600
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 408,254 350,800
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
Creditors, amounts falling due within one year include shareholder loans totalling £406,542 (2023: £349,088).
Creditors, amounts falling due within one year include amounts totalling £1,713 (2023: £1,713) payable to companies under the control of the directors.
Debtors, amounts falling due within one year include amounts totalling £16,600 (2023: £16,600) due from a partnership under the control of the shareholders.
Page 3