Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 10110459 Mr Keith Marshall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10110459 2024-04-30 10110459 2025-04-30 10110459 2024-05-01 2025-04-30 10110459 frs-core:CurrentFinancialInstruments 2025-04-30 10110459 frs-core:Non-currentFinancialInstruments 2025-04-30 10110459 frs-core:BetweenOneFiveYears 2025-04-30 10110459 frs-core:ComputerEquipment 2025-04-30 10110459 frs-core:ComputerEquipment 2024-05-01 2025-04-30 10110459 frs-core:ComputerEquipment 2024-04-30 10110459 frs-core:FurnitureFittings 2025-04-30 10110459 frs-core:FurnitureFittings 2024-05-01 2025-04-30 10110459 frs-core:FurnitureFittings 2024-04-30 10110459 frs-core:MotorVehicles 2025-04-30 10110459 frs-core:MotorVehicles 2024-05-01 2025-04-30 10110459 frs-core:MotorVehicles 2024-04-30 10110459 frs-core:PlantMachinery 2025-04-30 10110459 frs-core:PlantMachinery 2024-05-01 2025-04-30 10110459 frs-core:PlantMachinery 2024-04-30 10110459 frs-core:WithinOneYear 2025-04-30 10110459 frs-core:ShareCapital 2025-04-30 10110459 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 10110459 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10110459 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 10110459 frs-bus:SmallEntities 2024-05-01 2025-04-30 10110459 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10110459 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10110459 frs-bus:Director1 2024-05-01 2025-04-30 10110459 frs-countries:EnglandWales 2024-05-01 2025-04-30 10110459 2023-04-30 10110459 2024-04-30 10110459 2023-05-01 2024-04-30 10110459 frs-core:CurrentFinancialInstruments 2024-04-30 10110459 frs-core:Non-currentFinancialInstruments 2024-04-30 10110459 frs-core:BetweenOneFiveYears 2024-04-30 10110459 frs-core:WithinOneYear 2024-04-30 10110459 frs-core:ShareCapital 2024-04-30 10110459 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 10110459
Marke Property Services Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10110459
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 301,257 321,949
301,257 321,949
CURRENT ASSETS
Stocks 5 579,996 172,159
Debtors 6 1,028,545 1,148,127
Investments 7 196,334 -
Cash at bank and in hand 784,543 975,747
2,589,418 2,296,033
Creditors: Amounts Falling Due Within One Year 8 (877,493 ) (766,303 )
NET CURRENT ASSETS (LIABILITIES) 1,711,925 1,529,730
TOTAL ASSETS LESS CURRENT LIABILITIES 2,013,182 1,851,679
Creditors: Amounts Falling Due After More Than One Year 9 - (7,664 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (54,594 ) (52,076 )
NET ASSETS 1,958,588 1,791,939
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 1,958,488 1,791,839
SHAREHOLDERS' FUNDS 1,958,588 1,791,939
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Page 2
For the year ending 30 April 2025 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 Keith Marshall
Director
09/10/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Marke Property Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10110459 . The registered office is Unit 2 Bybow Farm, Orchard Way, Dartford, Kent, DA2 7ER.
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. 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 15% on reducing balance
Motor Vehicles 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
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 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2024 298,941 142,128 76,372 25,672 543,113
Additions 33,475 - 5,194 2,087 40,756
Disposals (18,673 ) - - - (18,673 )
As at 30 April 2025 313,743 142,128 81,566 27,759 565,196
...CONTINUED
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Depreciation
As at 1 May 2024 137,386 32,013 41,165 10,600 221,164
Provided during the period 28,011 16,517 6,059 2,576 53,163
Disposals (10,388 ) - - - (10,388 )
As at 30 April 2025 155,009 48,530 47,224 13,176 263,939
Net Book Value
As at 30 April 2025 158,734 93,598 34,342 14,583 301,257
As at 1 May 2024 161,555 110,115 35,207 15,072 321,949
5. Stocks
2025 2024
£ £
Work in progress 579,996 172,159
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 553,707 646,915
Prepayments and accrued income 19,093 17,945
Other debtors 356,801 460,413
VAT 90,613 22,854
Other taxes and social security 8,331 -
1,028,545 1,148,127
7. Current Asset Investments
2025 2024
£ £
Unlisted investments 196,334 -
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 7,664 24,902
Trade creditors 696,648 512,666
Corporation tax 157,391 141,671
Other taxes and social security - 75,147
...CONTINUED
Page 5
Page 6
Other creditors 7,529 2,994
Accruals and deferred income 7,595 8,000
Director's loan account 666 923
877,493 766,303
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 7,664
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,664 24,902
Later than one year and not later than five years - 7,664
7,664 32,566
7,664 32,566
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
12. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr K Marshall totalling £666 (2024 - £923), no interest is to be charged.
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