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 13405533 Mr R D Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13405533 2024-05-31 13405533 2025-05-31 13405533 2024-06-01 2025-05-31 13405533 frs-core:CurrentFinancialInstruments 2025-05-31 13405533 frs-core:Non-currentFinancialInstruments 2025-05-31 13405533 frs-core:ComputerEquipment 2024-06-01 2025-05-31 13405533 frs-core:MotorVehicles 2024-06-01 2025-05-31 13405533 frs-core:ShareCapital 2025-05-31 13405533 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 13405533 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13405533 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 13405533 frs-bus:SmallEntities 2024-06-01 2025-05-31 13405533 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 13405533 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 13405533 frs-bus:Director1 2024-06-01 2025-05-31 13405533 frs-countries:EnglandWales 2024-06-01 2025-05-31 13405533 2023-05-31 13405533 2024-05-31 13405533 2023-06-01 2024-05-31 13405533 frs-core:CurrentFinancialInstruments 2024-05-31 13405533 frs-core:Non-currentFinancialInstruments 2024-05-31 13405533 frs-core:ShareCapital 2024-05-31 13405533 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 13405533
The Macadam Specialist 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: 13405533
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 23,456 12,077
23,456 12,077
CURRENT ASSETS
Stocks 4 - 3,188
Debtors 5 701,249 101,407
Cash at bank and in hand 53,862 108,544
755,111 213,139
Creditors: Amounts Falling Due Within One Year 6 (391,742 ) (99,813 )
NET CURRENT ASSETS (LIABILITIES) 363,369 113,326
TOTAL ASSETS LESS CURRENT LIABILITIES 386,825 125,403
Creditors: Amounts Falling Due After More Than One Year 7 (12,392 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,864 ) -
NET ASSETS 368,569 125,403
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 368,559 125,393
SHAREHOLDERS' FUNDS 368,569 125,403
Page 1
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 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 R D Smith
Director
28 August 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Macadam Specialist Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13405533 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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.
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 assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Motor vehicles 25% SL
Computer equipment 25% SL
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. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 2)
5 2
4. Stocks
2025 2024
£ £
Work in progress - 3,188
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 685,773 84,227
Other debtors 15,476 17,180
701,249 101,407
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 185,864 44,365
Bank loans and overdrafts 30,686 -
Other creditors 63,788 16,934
Taxation and social security 111,404 38,514
391,742 99,813
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 12,392 -
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
Page 4