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 08456256 Mr Alex Main Mr Thomas Main Mrs Karan Main Mr Christopher Main iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08456256 2023-12-31 08456256 2024-12-31 08456256 2024-01-01 2024-12-31 08456256 frs-core:CurrentFinancialInstruments 2024-12-31 08456256 frs-core:Non-currentFinancialInstruments 2024-12-31 08456256 frs-core:BetweenOneFiveYears 2024-12-31 08456256 frs-core:ComputerEquipment 2024-12-31 08456256 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08456256 frs-core:ComputerEquipment 2023-12-31 08456256 frs-core:FurnitureFittings 2024-12-31 08456256 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08456256 frs-core:FurnitureFittings 2023-12-31 08456256 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 08456256 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 08456256 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 08456256 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 08456256 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08456256 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 08456256 frs-core:MotorVehicles 2024-12-31 08456256 frs-core:MotorVehicles 2024-01-01 2024-12-31 08456256 frs-core:MotorVehicles 2023-12-31 08456256 frs-core:PlantMachinery 2024-12-31 08456256 frs-core:PlantMachinery 2024-01-01 2024-12-31 08456256 frs-core:PlantMachinery 2023-12-31 08456256 frs-core:WithinOneYear 2024-12-31 08456256 frs-core:ShareCapital 2024-12-31 08456256 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08456256 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08456256 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08456256 frs-bus:SmallEntities 2024-01-01 2024-12-31 08456256 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08456256 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08456256 frs-bus:Director1 2024-01-01 2024-12-31 08456256 frs-bus:Director2 2024-01-01 2024-12-31 08456256 frs-bus:Director3 2024-01-01 2024-12-31 08456256 frs-bus:Director4 2024-01-01 2024-12-31 08456256 frs-core:CurrentFinancialInstruments 1 2024-12-31 08456256 frs-core:CurrentFinancialInstruments 5 2024-12-31 08456256 frs-countries:EnglandWales 2024-01-01 2024-12-31 08456256 2022-12-31 08456256 2023-12-31 08456256 2023-01-01 2023-12-31 08456256 frs-core:CurrentFinancialInstruments 2023-12-31 08456256 frs-core:Non-currentFinancialInstruments 2023-12-31 08456256 frs-core:BetweenOneFiveYears 2023-12-31 08456256 frs-core:WithinOneYear 2023-12-31 08456256 frs-core:ShareCapital 2023-12-31 08456256 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08456256 frs-core:CurrentFinancialInstruments 1 2023-12-31 08456256 frs-core:CurrentFinancialInstruments 5 2023-12-31
Registered number: 08456256
The Main Company (York) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
A2G Accountants Ltd
The Courtyard
Oakwood Park Business Centre
Fountains Road Bishop Thornton
Harrogate, North Yorkshire
HG3 3BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08456256
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,418,422 1,424,827
1,418,422 1,424,827
CURRENT ASSETS
Stocks 5 556,470 614,530
Debtors 6 225,157 215,567
Cash at bank and in hand 12,104 139,477
793,731 969,574
Creditors: Amounts Falling Due Within One Year 7 (1,107,900 ) (1,168,933 )
NET CURRENT ASSETS (LIABILITIES) (314,169 ) (199,359 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,104,253 1,225,468
Creditors: Amounts Falling Due After More Than One Year 8 (573,720 ) (730,117 )
NET ASSETS 530,533 495,351
CAPITAL AND RESERVES
Called up share capital 10 400 400
Profit and Loss Account 530,133 494,951
SHAREHOLDERS' FUNDS 530,533 495,351
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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 Christopher Main
Director
29/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Main Company (York) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08456256 . The registered office is The Green, Green Hammerton, York, North Yorkshire, YO26 8BQ.
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 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:
Freehold Straight Line
Leasehold Straight Line
Plant & Machinery Straight Line
Motor Vehicles Straight Line
Fixtures & Fittings Straight Line
Computer Equipment Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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. 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.
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2.6. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2023: 30)
30 30
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 January 2024 204,964 34,812 1,753,135 279,144
Additions - - 64,924 34,950
As at 31 December 2024 204,964 34,812 1,818,059 314,094
Depreciation
As at 1 January 2024 110,506 16,086 530,139 207,007
Provided during the period 9,446 1,872 64,396 26,772
As at 31 December 2024 119,952 17,958 594,535 233,779
Net Book Value
As at 31 December 2024 85,012 16,854 1,223,524 80,315
As at 1 January 2024 94,458 18,726 1,222,996 72,137
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 4,178 50,682 2,326,915
Additions - 1,199 101,073
As at 31 December 2024 4,178 51,881 2,427,988
...CONTINUED
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Page 5
Depreciation
As at 1 January 2024 6,437 31,913 902,088
Provided during the period - 4,992 107,478
As at 31 December 2024 6,437 36,905 1,009,566
Net Book Value
As at 31 December 2024 (2,259 ) 14,976 1,418,422
As at 1 January 2024 (2,259 ) 18,769 1,424,827
5. Stocks
2024 2023
£ £
Materials 282,600 306,550
Finished goods 128,650 142,560
Work in progress 145,220 165,420
556,470 614,530
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 217,007 197,277
Prepayments and accrued income 11,670 17,620
Other debtors (1) (16,691 ) (16,259 )
Inter Company Loan Account 11,131 15,008
Pension scheme prepayments 1,640 1,521
Called up share capital not paid 400 400
225,157 215,567
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 51,747 101,589
Trade creditors 224,328 281,724
Bank loans and overdrafts 137,559 25,405
Corporation tax 36,841 26,540
Other taxes and social security 25,075 26,644
VAT 73,953 83,794
Net wages 53 18
Other creditors 4,238 4,238
Other creditors Staff Loans 5,875 -
Accruals and deferred income 28,280 19,520
Directors' loan accounts 486,714 538,736
Company credit card 33,237 60,725
1,107,900 1,168,933
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 236,158 290,565
Loans 337,562 439,552
573,720 730,117
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 51,747 101,589
Later than one year and not later than five years 236,158 290,565
287,905 392,154
287,905 392,154
10. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 400 400
Amount of Allotted, Called Up Share Capital 400 400
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