Acorah Software Products - Accounts Production 16.5.460 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 03601349 Mr Bryan Hodges Mr Lawrence Clarke Mr Bryan Hodges iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03601349 2024-07-31 03601349 2025-07-31 03601349 2024-08-01 2025-07-31 03601349 frs-core:CurrentFinancialInstruments 2025-07-31 03601349 frs-core:NetGoodwill 2025-07-31 03601349 frs-core:NetGoodwill 2024-08-01 2025-07-31 03601349 frs-core:NetGoodwill 2024-07-31 03601349 frs-core:PlantMachinery 2025-07-31 03601349 frs-core:PlantMachinery 2024-08-01 2025-07-31 03601349 frs-core:PlantMachinery 2024-07-31 03601349 frs-core:ShareCapital 2025-07-31 03601349 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 03601349 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03601349 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 03601349 frs-bus:SmallEntities 2024-08-01 2025-07-31 03601349 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 03601349 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 03601349 frs-bus:Director1 2024-08-01 2025-07-31 03601349 frs-bus:Director2 2024-08-01 2025-07-31 03601349 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 03601349 frs-countries:EnglandWales 2024-08-01 2025-07-31 03601349 2023-07-31 03601349 2024-07-31 03601349 2023-08-01 2024-07-31 03601349 frs-core:CurrentFinancialInstruments 2024-07-31 03601349 frs-core:ShareCapital 2024-07-31 03601349 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 03601349
MJB (Partnership) Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
The Running Accountant Limited
2 Farmers Way Horndean
Waterlooville
Hampshire
PO8 9GY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03601349
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 13,278 12,352
13,278 12,352
CURRENT ASSETS
Debtors 6 52,146 51,705
Cash at bank and in hand 254,405 201,166
306,551 252,871
Creditors: Amounts Falling Due Within One Year 7 (86,323 ) (58,413 )
NET CURRENT ASSETS (LIABILITIES) 220,228 194,458
TOTAL ASSETS LESS CURRENT LIABILITIES 233,506 206,810
NET ASSETS 233,506 206,810
CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Profit and Loss Account 231,506 204,810
SHAREHOLDERS' FUNDS 233,506 206,810
Page 1
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For the year ending 31 July 2025 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 Bryan Hodges
Director
10th October 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
MJB (Partnership) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03601349 . The registered office is 1 Dukes Court, Bognor Road, Chichester, West Sussex, PO19 8FX.
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.
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 is amortised to the profit and loss account over its estimated economic life of 20 years.
2.4. 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% & 10% on cost
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2024 82,267
As at 31 July 2025 82,267
Amortisation
As at 1 August 2024 82,267
As at 31 July 2025 82,267
Net Book Value
As at 31 July 2025 -
As at 1 August 2024 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2024 90,385
Additions 4,193
As at 31 July 2025 94,578
Depreciation
As at 1 August 2024 78,033
Provided during the period 3,267
As at 31 July 2025 81,300
Net Book Value
As at 31 July 2025 13,278
As at 1 August 2024 12,352
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 50,505 50,369
Prepayments and accrued income 1,641 1,336
52,146 51,705
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 30,547 21,981
Corporation tax 24,823 18,492
Other taxes and social security 1,237 1,155
Other creditors 27,932 13,924
Accruals and deferred income 1,784 2,861
86,323 58,413
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2,000 2,000
9. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 57,600 57,456
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