Acorah Software Products - Accounts Production 16.4.675 false true 30 October 2023 1 November 2022 false 31 October 2023 30 October 2024 30 October 2024 11041029 Mrs Maxine Hancock Mr Miles Hancock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11041029 2023-10-30 11041029 2024-10-30 11041029 2023-10-31 2024-10-30 11041029 frs-core:CurrentFinancialInstruments 2024-10-30 11041029 frs-core:Non-currentFinancialInstruments 2024-10-30 11041029 frs-core:FurnitureFittings 2024-10-30 11041029 frs-core:FurnitureFittings 2023-10-31 2024-10-30 11041029 frs-core:FurnitureFittings 2023-10-30 11041029 frs-core:OtherReservesSubtotal 2024-10-30 11041029 frs-core:ShareCapital 2024-10-30 11041029 frs-core:RetainedEarningsAccumulatedLosses 2024-10-30 11041029 frs-bus:PrivateLimitedCompanyLtd 2023-10-31 2024-10-30 11041029 frs-bus:FilletedAccounts 2023-10-31 2024-10-30 11041029 frs-bus:SmallEntities 2023-10-31 2024-10-30 11041029 frs-bus:AuditExemptWithAccountantsReport 2023-10-31 2024-10-30 11041029 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-31 2024-10-30 11041029 frs-core:CostValuation 2023-10-30 11041029 frs-core:DisposalsRepaymentsInvestments 2024-10-30 11041029 frs-core:CostValuation 2024-10-30 11041029 frs-core:ProvisionsForImpairmentInvestments 2023-10-30 11041029 frs-core:ProvisionsForImpairmentInvestments 2024-10-30 11041029 frs-bus:Director1 2023-10-31 2024-10-30 11041029 frs-bus:Director2 2023-10-31 2024-10-30 11041029 frs-countries:EnglandWales 2023-10-31 2024-10-30 11041029 2022-10-31 11041029 2023-10-30 11041029 2022-11-01 2023-10-30 11041029 frs-core:CurrentFinancialInstruments 2023-10-30 11041029 frs-core:Non-currentFinancialInstruments 2023-10-30 11041029 frs-core:OtherReservesSubtotal 2023-10-30 11041029 frs-core:ShareCapital 2023-10-30 11041029 frs-core:RetainedEarningsAccumulatedLosses 2023-10-30
Registered number: 11041029
MSH Real Estate Limited
Unaudited Financial Statements
For The Year Ended 30 October 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of MSH Real Estate Limited for the year ended 30 October 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of MSH Real Estate Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of MSH Real Estate Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of MSH Real Estate Limited and state those matters that we have agreed to state to the directors of MSH Real Estate Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MSH Real Estate Limited and its directors as a body for our work or for this report.
It is your duty to ensure that MSH Real Estate Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of MSH Real Estate Limited . You consider that MSH Real Estate Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MSH Real Estate Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
25 July 2025
Krowe Accountants
Grafton House
Bulls Head Yard
Alcester
Warwickshire
B49 5BX
Page 1
Page 2
Balance Sheet
Registered number: 11041029
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,602 24,803
Investment Properties 5 1,750,000 1,750,000
Fixed Asset Investments 6 - 10
1,768,602 1,774,813
CURRENT ASSETS
Debtors 7 - 61,852
Cash at bank and in hand 3,689 9,174
3,689 71,026
Creditors: Amounts Falling Due Within One Year 8 (922,564 ) (999,214 )
NET CURRENT ASSETS (LIABILITIES) (918,875 ) (928,188 )
TOTAL ASSETS LESS CURRENT LIABILITIES 849,727 846,625
Creditors: Amounts Falling Due After More Than One Year 9 (849,872 ) (850,046 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,152 ) (35,075 )
NET LIABILITIES (46,297 ) (38,496 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Non-distributable reserve 149,531 149,531
Profit and Loss Account (195,928 ) (188,127 )
SHAREHOLDERS' FUNDS (46,297) (38,496)
Page 2
Page 3
For the year ending 30 October 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 Miles Hancock
Director
25 July 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
MSH Real Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11041029 . The registered office is Basepoint Bromsgrove, Bromsgrove Technology Park, Isidore Road, Bromsgrove, B60 3ET.
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, excluding discounts.
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:
Fixtures & Fittings 25% on 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. 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 during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 31 October 2023 57,491
As at 30 October 2024 57,491
Depreciation
As at 31 October 2023 32,688
Provided during the period 6,201
As at 30 October 2024 38,889
Net Book Value
As at 30 October 2024 18,602
As at 31 October 2023 24,803
5. Investment Property
2024
£
Fair Value
As at 31 October 2023 and 30 October 2024 1,750,000
6. Fixed Asset Investments
Associates
£
Cost
As at 31 October 2023 10
Disposals (10 )
As at 30 October 2024 -
Provision
As at 31 October 2023 -
As at 30 October 2024 -
Net Book Value
As at 30 October 2024 -
As at 31 October 2023 10
7. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests - 61,852
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Page 6
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 657 657
Amounts owed to participating interests 27,810 173,683
Other creditors 894,097 824,874
922,564 999,214
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank Loans - 1 - 2 Years 800 800
Bank Loans - 2 - 5 Years 2,404 2,404
Bank Loans - more than 5 years 846,668 846,842
849,872 850,046
10. Secured Creditors
Of the creditors the following amounts are secured.
The bank loan is secured by way of a mortgage charge over the investment property and fixed and floating
charges over all assets and undertakings of the company.
2024 2023
£ £
Bank loans and overdrafts 850,529 850,703
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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