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 05234455 Mr Stephen Dole Mrs Patricia Dole Mr James Dole Mrs Patricia Dole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05234455 2023-09-30 05234455 2024-09-30 05234455 2023-10-01 2024-09-30 05234455 frs-core:CurrentFinancialInstruments 2024-09-30 05234455 frs-core:Non-currentFinancialInstruments 2024-09-30 05234455 frs-core:MotorVehicles 2024-09-30 05234455 frs-core:MotorVehicles 2023-10-01 2024-09-30 05234455 frs-core:MotorVehicles 2023-09-30 05234455 frs-core:PlantMachinery 2024-09-30 05234455 frs-core:PlantMachinery 2023-10-01 2024-09-30 05234455 frs-core:PlantMachinery 2023-09-30 05234455 frs-core:WithinOneYear 2024-09-30 05234455 frs-core:ShareCapital 2024-09-30 05234455 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05234455 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05234455 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 05234455 frs-bus:SmallEntities 2023-10-01 2024-09-30 05234455 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05234455 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05234455 frs-bus:Director1 2023-10-01 2024-09-30 05234455 frs-bus:Director2 2023-10-01 2024-09-30 05234455 frs-bus:Director3 2023-10-01 2024-09-30 05234455 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 05234455 frs-countries:EnglandWales 2023-10-01 2024-09-30 05234455 2022-09-30 05234455 2023-09-30 05234455 2022-10-01 2023-09-30 05234455 frs-core:CurrentFinancialInstruments 2023-09-30 05234455 frs-core:Non-currentFinancialInstruments 2023-09-30 05234455 frs-core:MoreThanFiveYears 2023-09-30 05234455 frs-core:WithinOneYear 2023-09-30 05234455 frs-core:ShareCapital 2023-09-30 05234455 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 05234455
M J D Group Limited
Financial Statements
For The Year Ended 30 September 2024
Certified Acountants
117 Dartford Road
Dartford
Kent
DA1 3EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05234455
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,574,385 5,204,205
4,574,385 5,204,205
CURRENT ASSETS
Stocks 5 299,206 299,206
Debtors 6 621,941 557,395
Cash at bank and in hand 66,386 39,365
987,533 895,966
Creditors: Amounts Falling Due Within One Year 7 (4,490,442 ) (3,531,154 )
NET CURRENT ASSETS (LIABILITIES) (3,502,909 ) (2,635,188 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,071,476 2,569,017
Creditors: Amounts Falling Due After More Than One Year 8 (16,682 ) (1,536,631 )
NET ASSETS 1,054,794 1,032,386
CAPITAL AND RESERVES
Called up share capital 10 1,140 1,140
Profit and Loss Account 1,053,654 1,031,246
SHAREHOLDERS' FUNDS 1,054,794 1,032,386
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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
Mrs Patricia Dole
Director
27/06/2025
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
M J D Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05234455 . The registered office is Whitecliff Park, Manor Way, Swanscombe, Kent, DA10 0LL.
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 10% Straight line
Motor Vehicles 10% Straight line
2.4. 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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2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 194 (2023: 121)
194 121
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 1,210,826 5,319,270 6,530,096
Additions 13,854 10,825 24,679
As at 30 September 2024 1,224,680 5,330,095 6,554,775
Depreciation
As at 1 October 2023 329,315 996,576 1,325,891
Provided during the period 121,670 532,829 654,499
As at 30 September 2024 450,985 1,529,405 1,980,390
Net Book Value
As at 30 September 2024 773,695 3,800,690 4,574,385
As at 1 October 2023 881,511 4,322,694 5,204,205
5. Stocks
2024 2023
£ £
Work in progress 299,206 299,206
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 621,941 557,395
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 503,580 735,499
Trade creditors 603,665 861,736
Bank loans and overdrafts 19,939 -
Other creditors 1,354,302 364,255
Taxation and social security 2,008,956 1,569,664
4,490,442 3,531,154
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 1,481,001
Bank loans 16,682 55,630
16,682 1,536,631
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 503,580 735,499
Later than five years - 1,481,001
503,580 2,216,500
503,580 2,216,500
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,140 1,140
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