Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05306300 Mr Christopher Ruck Mr Jordan Ruck iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05306300 2023-12-31 05306300 2024-12-31 05306300 2024-01-01 2024-12-31 05306300 frs-core:CurrentFinancialInstruments 2024-12-31 05306300 frs-core:FurnitureFittings 2024-12-31 05306300 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05306300 frs-core:FurnitureFittings 2023-12-31 05306300 frs-core:NetGoodwill 2024-12-31 05306300 frs-core:NetGoodwill 2024-01-01 2024-12-31 05306300 frs-core:NetGoodwill 2023-12-31 05306300 frs-core:MotorVehicles 2024-12-31 05306300 frs-core:MotorVehicles 2024-01-01 2024-12-31 05306300 frs-core:MotorVehicles 2023-12-31 05306300 frs-core:ShareCapital 2024-12-31 05306300 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05306300 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05306300 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05306300 frs-bus:SmallEntities 2024-01-01 2024-12-31 05306300 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05306300 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05306300 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 05306300 frs-bus:OrdinaryShareClass2 2024-12-31 05306300 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 05306300 frs-bus:OrdinaryShareClass3 2024-12-31 05306300 frs-bus:Director1 2024-01-01 2024-12-31 05306300 frs-bus:Director2 2024-01-01 2024-12-31 05306300 frs-countries:EnglandWales 2024-01-01 2024-12-31 05306300 2022-12-31 05306300 2023-12-31 05306300 2023-01-01 2023-12-31 05306300 frs-core:CurrentFinancialInstruments 2023-12-31 05306300 frs-core:ShareCapital 2023-12-31 05306300 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05306300 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 05306300 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31
Registered number: 05306300
M3C Sports Supplies Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05306300
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 26,258 11,077
26,258 11,077
CURRENT ASSETS
Stocks 63,291 59,733
Debtors 6 8,096 14,877
Cash at bank and in hand 106,374 106,734
177,761 181,344
Creditors: Amounts Falling Due Within One Year 7 (72,988 ) (55,988 )
NET CURRENT ASSETS (LIABILITIES) 104,773 125,356
TOTAL ASSETS LESS CURRENT LIABILITIES 131,031 136,433
NET ASSETS 131,031 136,433
CAPITAL AND RESERVES
Called up share capital 8 10,002 10,002
Profit and Loss Account 121,029 126,431
SHAREHOLDERS' FUNDS 131,031 136,433
Page 1
Page 2
For the year ending 31 December 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 Jordan Ruck
Director
31 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
M3C Sports Supplies Limited Registered number 05306300 is a limited by shares company incorporated in England & Wales. The Registered Office is 14 Nottingham Road, Borrowash, Derby, Derbyshire, DE72 3FL.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It has been amortised to profit and loss account over its estimated economic life of four years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on cost
Fixtures & Fittings 33% on cost
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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 110,000
As at 31 December 2024 110,000
Amortisation
As at 1 January 2024 110,000
As at 31 December 2024 110,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 18,250 28,926 47,176
Additions 24,300 1,099 25,399
Disposals (6,750 ) - (6,750 )
As at 31 December 2024 35,800 30,025 65,825
Depreciation
As at 1 January 2024 9,624 26,475 36,099
Provided during the period 8,625 1,592 10,217
Disposals (6,749 ) - (6,749 )
As at 31 December 2024 11,500 28,067 39,567
Net Book Value
As at 31 December 2024 24,300 1,958 26,258
As at 1 January 2024 8,626 2,451 11,077
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,730 11,758
Prepayments and accrued income 3,366 3,119
8,096 14,877
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 39,090 23,645
Corporation tax 4,792 5,214
Other taxes and social security 7,181 9,240
Other creditors 403 572
Accruals and deferred income 4,281 1,200
Directors' loan accounts 17,241 16,117
72,988 55,988
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
10,000 Ordinary A shares of £ 1.000 each 10,000 10,000
2 Ordinary B shares of £ 1.000 each 2 2
10,002 10,002
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Jordan Ruck 500 1,000
Mr Christopher Ruck 18,000 19,694
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