Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08308240 Mr Michael JACKSON Spt Management Services Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08308240 2023-11-30 08308240 2024-11-30 08308240 2023-12-01 2024-11-30 08308240 frs-core:CurrentFinancialInstruments 2024-11-30 08308240 frs-core:Non-currentFinancialInstruments 2024-11-30 08308240 frs-core:ComputerEquipment 2024-11-30 08308240 frs-core:ComputerEquipment 2023-12-01 2024-11-30 08308240 frs-core:ComputerEquipment 2023-11-30 08308240 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 08308240 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08308240 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 08308240 frs-core:MotorVehicles 2024-11-30 08308240 frs-core:MotorVehicles 2023-12-01 2024-11-30 08308240 frs-core:MotorVehicles 2023-11-30 08308240 frs-core:PlantMachinery 2024-11-30 08308240 frs-core:PlantMachinery 2023-12-01 2024-11-30 08308240 frs-core:PlantMachinery 2023-11-30 08308240 frs-core:ShareCapital 2024-11-30 08308240 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08308240 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08308240 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08308240 frs-bus:SmallEntities 2023-12-01 2024-11-30 08308240 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08308240 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08308240 frs-bus:Director1 2023-12-01 2024-11-30 08308240 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 08308240 frs-countries:Scotland 2023-12-01 2024-11-30 08308240 2022-11-30 08308240 2023-11-30 08308240 2022-12-01 2023-11-30 08308240 frs-core:CurrentFinancialInstruments 2023-11-30 08308240 frs-core:Non-currentFinancialInstruments 2023-11-30 08308240 frs-core:ShareCapital 2023-11-30 08308240 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 08308240
Mj Plant Hire Limited
Financial Statements
For The Year Ended 30 November 2024
Donoghue & Co. Ltd
19a Wellside Place
Falkirk
FK1 5RL
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08308240
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,437,511 1,398,203
1,437,511 1,398,203
CURRENT ASSETS
Debtors 5 883,294 617,246
Cash at bank and in hand 310,137 588,535
1,193,431 1,205,781
Creditors: Amounts Falling Due Within One Year 6 (406,472 ) (404,790 )
NET CURRENT ASSETS (LIABILITIES) 786,959 800,991
TOTAL ASSETS LESS CURRENT LIABILITIES 2,224,470 2,199,194
NET ASSETS 2,224,470 2,199,194
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 2,224,468 2,199,192
SHAREHOLDERS' FUNDS 2,224,470 2,199,194
For the year ending 30 November 2024 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 Michael JACKSON
Director
29th August 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
Mj Plant Hire Limited is a private company, limited by shares, incorporated in Scotland, registered number 08308240 . The registered office is Rapid Formations 71 - 75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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:
Freehold -
Plant & Machinery Reducing balance 20%
Motor Vehicles Reducing balance 20%
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 25 41 (2023: 41)
41 41
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 72,000 1,427,432 727,420 2,129 2,228,981
Additions 27,778 271,924 93,083 - 392,785
Disposals - (11,566 ) (23,500 ) - (35,066 )
As at 30 November 2024 99,778 1,687,790 797,003 2,129 2,586,700
Depreciation
As at 1 December 2023 - 544,058 285,669 1,051 830,778
Provided during the period - 229,583 104,681 402 334,666
Disposals - (4,185 ) (12,070 ) - (16,255 )
As at 30 November 2024 - 769,456 378,280 1,453 1,149,189
...CONTINUED
Page 2
Page 3
Net Book Value
As at 30 November 2024 99,778 918,334 418,723 676 1,437,511
As at 1 December 2023 72,000 883,374 441,751 1,078 1,398,203
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 500,455 287,275
VAT 81,940 56,467
582,395 343,742
Due after more than one year
Other debtors 300,899 273,504
883,294 617,246
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 370,650 347,633
Corporation tax - 44,059
Other taxes and social security 17,210 10,945
Director's loan account 18,612 2,153
406,472 404,790
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 60,000
Page 3