Acorah Software Products - Accounts Production 16.4.675 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 07642494 Ms L Billet Mr H Tate Ms K Michel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07642494 2024-05-31 07642494 2025-05-31 07642494 2024-06-01 2025-05-31 07642494 frs-core:CurrentFinancialInstruments 2025-05-31 07642494 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 07642494 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 07642494 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 07642494 frs-core:OtherReservesSubtotal 2025-05-31 07642494 frs-core:ShareCapital 2025-05-31 07642494 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 07642494 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 07642494 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 07642494 frs-bus:SmallEntities 2024-06-01 2025-05-31 07642494 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 07642494 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 07642494 frs-bus:Director1 2024-06-01 2025-05-31 07642494 frs-bus:Director2 2024-06-01 2025-05-31 07642494 frs-bus:Director3 2024-06-01 2025-05-31 07642494 frs-countries:EnglandWales 2024-06-01 2025-05-31 07642494 2023-05-31 07642494 2024-05-31 07642494 2023-06-01 2024-05-31 07642494 frs-core:CurrentFinancialInstruments 2024-05-31 07642494 frs-core:OtherReservesSubtotal 2024-05-31 07642494 frs-core:ShareCapital 2024-05-31 07642494 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 07642494
Masons Court Management Company No.2 Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07642494
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,336 1,558
1,336 1,558
CURRENT ASSETS
Debtors 5 1,800 1,200
Cash at bank and in hand 2,806 3,168
4,606 4,368
Creditors: Amounts Falling Due Within One Year 6 (2,371 ) (2,347 )
NET CURRENT ASSETS (LIABILITIES) 2,235 2,021
TOTAL ASSETS LESS CURRENT LIABILITIES 3,571 3,579
NET ASSETS 3,571 3,579
CAPITAL AND RESERVES
Called up share capital 7 3 3
Other reserves 1,336 1,559
Profit and Loss Account 2,232 2,017
SHAREHOLDERS' FUNDS 3,571 3,579
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Page 2
For the year ending 31 May 2025 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 H Tate
Director
13 August 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Masons Court Management Company No.2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07642494 . The registered office is 2 The Old Estate Yard High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes the service charge payable by the owners of each of the five properties included within the freehold land and buildings of the company.The service charge is set at a level to cover the running costs incurred.
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 5% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 June 2024 4,445
As at 31 May 2025 4,445
Depreciation
As at 1 June 2024 2,887
Provided during the period 222
As at 31 May 2025 3,109
...CONTINUED
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Net Book Value
As at 31 May 2025 1,336
As at 1 June 2024 1,558
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,800 1,200
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 672 648
Directors' loan accounts 1,699 1,699
2,371 2,347
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
8. Reserves
Each member of the company pays a regular contribution towards the upkeep and management of the property known as Masons' Court. A transfer is made each year from the other reserve to the members' reserve. The value of the other reserve tracks the value of the freehold property. 
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