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 05728944 M I Crane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05728944 2023-12-31 05728944 2024-12-31 05728944 2024-01-01 2024-12-31 05728944 frs-core:CurrentFinancialInstruments 2024-12-31 05728944 frs-core:Non-currentFinancialInstruments 2024-12-31 05728944 frs-core:FurnitureFittings 2024-12-31 05728944 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05728944 frs-core:FurnitureFittings 2023-12-31 05728944 frs-core:MotorVehicles 2024-12-31 05728944 frs-core:MotorVehicles 2024-01-01 2024-12-31 05728944 frs-core:MotorVehicles 2023-12-31 05728944 frs-core:PlantMachinery 2024-12-31 05728944 frs-core:PlantMachinery 2024-01-01 2024-12-31 05728944 frs-core:PlantMachinery 2023-12-31 05728944 frs-core:ShareCapital 2024-12-31 05728944 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05728944 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05728944 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05728944 frs-bus:SmallEntities 2024-01-01 2024-12-31 05728944 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05728944 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05728944 frs-core:UnlistedNon-exchangeTraded 2024-12-31 05728944 frs-core:UnlistedNon-exchangeTraded 2023-12-31 05728944 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 05728944 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 05728944 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 05728944 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 05728944 frs-bus:Director1 2024-01-01 2024-12-31 05728944 frs-countries:EnglandWales 2024-01-01 2024-12-31 05728944 2022-12-31 05728944 2023-12-31 05728944 2023-01-01 2023-12-31 05728944 frs-core:CurrentFinancialInstruments 2023-12-31 05728944 frs-core:Non-currentFinancialInstruments 2023-12-31 05728944 frs-core:ShareCapital 2023-12-31 05728944 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05728944
M K Scales 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: 05728944
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,216 15,048
Investments 5 698,301 698,301
709,517 713,349
CURRENT ASSETS
Stocks 317,119 312,322
Debtors 6 64,907 143,397
Cash at bank and in hand 28,702 45,809
410,728 501,528
Creditors: Amounts Falling Due Within One Year 7 (333,240 ) (402,958 )
NET CURRENT ASSETS (LIABILITIES) 77,488 98,570
TOTAL ASSETS LESS CURRENT LIABILITIES 787,005 811,919
Creditors: Amounts Falling Due After More Than One Year 8 (93,334 ) (149,333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,000 ) (4,000 )
NET ASSETS 690,671 658,586
CAPITAL AND RESERVES
Called up share capital 10 3 3
Profit and Loss Account 690,668 658,583
SHAREHOLDERS' FUNDS 690,671 658,586
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 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
M I Crane
Director
30/09/2025
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
M K Scales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05728944 . The registered office is 3 Vernon Court, Henson Way, Telford Way Industrial Estate, Kettering, Northamptonshire, NN16 8PX.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
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
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.
Page 3
Page 4
2.6. Investments in subsidiaries
Investment in subsidiary companies are held at cost less accumulated impairment losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 8)
5 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 8,890 17,124 22,097 48,111
As at 31 December 2024 8,890 17,124 22,097 48,111
Depreciation
As at 1 January 2024 7,526 5,313 20,224 33,063
Provided during the period 341 2,953 538 3,832
As at 31 December 2024 7,867 8,266 20,762 36,895
Net Book Value
As at 31 December 2024 1,023 8,858 1,335 11,216
As at 1 January 2024 1,364 11,811 1,873 15,048
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 713,012
As at 31 December 2024 713,012
Provision
As at 1 January 2024 14,711
As at 31 December 2024 14,711
Net Book Value
As at 31 December 2024 698,301
As at 1 January 2024 698,301
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 40,057 26,084
Amounts owed by group undertakings 11,500 28,450
Other debtors 13,350 88,863
64,907 143,397
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 76,925 34,316
Bank loans and overdrafts 56,000 56,000
Amounts owed to group undertakings 96,400 139,702
Other creditors 70,037 131,243
Taxation and social security 33,878 41,697
333,240 402,958
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 93,334 149,333
9. Secured Creditors
The following secured debts are included within creditors:
2024 2023
£ £
Bank loans and overdrafts 149,334 205,333
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
11. Related Party Transactions
The company has taken advantage of the exemption conferred by FRS102 Section 33 'Related Party Disclosures' not to disclose transactions with other group entities whose voting rights are 100% controlled within the group.
Page 5