Acorah Software Products - Accounts Production 16.5.460 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11585812 Mr M B Stone iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11585812 2023-10-31 11585812 2024-10-31 11585812 2023-11-01 2024-10-31 11585812 frs-core:CurrentFinancialInstruments 2024-10-31 11585812 frs-core:Non-currentFinancialInstruments 2024-10-31 11585812 frs-core:FurnitureFittings 2024-10-31 11585812 frs-core:FurnitureFittings 2023-11-01 2024-10-31 11585812 frs-core:FurnitureFittings 2023-10-31 11585812 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-31 11585812 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 11585812 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 11585812 frs-core:MotorVehicles 2024-10-31 11585812 frs-core:MotorVehicles 2023-11-01 2024-10-31 11585812 frs-core:MotorVehicles 2023-10-31 11585812 frs-core:PlantMachinery 2024-10-31 11585812 frs-core:PlantMachinery 2023-11-01 2024-10-31 11585812 frs-core:PlantMachinery 2023-10-31 11585812 frs-core:ShareCapital 2024-10-31 11585812 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11585812 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11585812 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11585812 frs-bus:SmallEntities 2023-11-01 2024-10-31 11585812 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11585812 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11585812 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 11585812 frs-bus:OrdinaryShareClass1 2024-10-31 11585812 frs-bus:Director1 2023-11-01 2024-10-31 11585812 frs-bus:Director1 2023-10-31 11585812 frs-bus:Director1 2024-10-31 11585812 frs-countries:EnglandWales 2023-11-01 2024-10-31 11585812 2022-10-31 11585812 2023-10-31 11585812 2022-11-01 2023-10-31 11585812 frs-core:CurrentFinancialInstruments 2023-10-31 11585812 frs-core:Non-currentFinancialInstruments 2023-10-31 11585812 frs-core:ShareCapital 2023-10-31 11585812 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11585812 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31
Registered number: 11585812
M.S. Steel Framed Buildings Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
M.S. Steel Framed Buildings Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Unaudited Financial Statements

Contents
| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
M.S. Steel Framed Buildings Ltd
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: 11585812

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 3 |  | 280,874 |  | 292,036
|  |  | 280,874 |  | 292,036
CURRENT ASSETS
Debtors | 4 | 27,337 |  | 75,986 |
|  | 27,337 |  | 75,986 |
Creditors: Amounts Falling Due Within One Year | 5 | (65,302 ) |  | (79,050 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (37,965 ) |  | (3,064 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 242,909 |  | 288,972
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (226,395 ) |  | (227,340 )
NET ASSETS |  |  | 16,514 |  | 61,632
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Profit and Loss Account |  |  | 16,513 |  | 61,631
SHAREHOLDERS' FUNDS |  |  | 16,514 |  | 61,632

Page 1
Page 2
M.S. Steel Framed Buildings Ltd
Balance Sheet (continued)
As At 31 October 2024
For the year ending 31 October 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 M B Stone Director
7 October 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
M.S. Steel Framed Buildings Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 customer returns, rebates and other similar allowances.
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.
1.3. 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:

Leasehold | Not Depreciated
Plant & Machinery | 20% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures, Fittings & Equipment | 20% reducing balance

1.4. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
All of the financial instruments applying to the company are basic as defied in the Accounting Standard, and as such are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.
1.5. 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.
...CONTINUED
Page 3
Page 4
M.S. Steel Framed Buildings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
1.5. Taxation - continued
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 4
Page 5
M.S. Steel Framed Buildings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 5 (2023: 4)
5 4
3. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures, Fittings & Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 November 2023 | 260,439 | 39,914 | 16,000 | 8,308 | 324,661
Disposals | - | (11,000 ) | - | - | (11,000 )
As at 31 October 2024 | 260,439 | 28,914 | 16,000 | 8,308 | 313,661
Depreciation
As at 1 November 2023 | - | 23,616 | 4,750 | 4,259 | 32,625
Provided during the period | - | 2,814 | 2,813 | 809 | 6,436
Disposals | - | (6,274 ) | - | - | (6,274 )
As at 31 October 2024 | - | 20,156 | 7,563 | 5,068 | 32,787
Net Book Value
As at 31 October 2024 | 260,439 | 8,758 | 8,437 | 3,240 | 280,874
As at 1 November 2023 | 260,439 | 16,298 | 11,250 | 4,049 | 292,036

4. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 35,000
Other debtors | 13,811 |  | 6,745
Director's loan account | 13,526 |  | 34,241
| 27,337 |  | 75,986

Page 5
Page 6
M.S. Steel Framed Buildings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
5. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 9,377
Bank loans and overdrafts | 22,604 |  | 19,707
Other taxes and social security | 34,196 |  | 39,690
Other creditors | - |  | 4,062
Accruals | 8,502 |  | 6,214
| 65,302 |  | 79,050

6. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 22,879 |  | 23,824
Other loans | 203,516 |  | 203,516
| 226,395 |  | 227,340

7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

| Value | Number | 2024 |  | 2023
--- | --- | --- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £ |  | £
Ordinary Shares | 1.00 | 1 | 1 |  | 1

8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 November 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 October 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Matthew Stone | 34,241 | 13,649 | (34,364 ) | - | 13,526

The above loan is unsecured, interest free and repayable on demand.
9. General Information
M.S. Steel Framed Buildings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11585812 . The registered office is Unit 16 Ipswich Road, Cardiff, S. Wales, CF23 9AQ.
Page 6