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 03126940 Mrs Louise McDonnell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03126940 2023-10-31 03126940 2024-10-31 03126940 2023-11-01 2024-10-31 03126940 frs-core:CurrentFinancialInstruments 2024-10-31 03126940 frs-core:ComputerEquipment 2024-10-31 03126940 frs-core:ComputerEquipment 2023-11-01 2024-10-31 03126940 frs-core:ComputerEquipment 2023-10-31 03126940 frs-core:FurnitureFittings 2024-10-31 03126940 frs-core:FurnitureFittings 2023-11-01 2024-10-31 03126940 frs-core:FurnitureFittings 2023-10-31 03126940 frs-core:NetGoodwill 2024-10-31 03126940 frs-core:NetGoodwill 2023-11-01 2024-10-31 03126940 frs-core:NetGoodwill 2023-10-31 03126940 frs-core:MotorVehicles 2024-10-31 03126940 frs-core:MotorVehicles 2023-11-01 2024-10-31 03126940 frs-core:MotorVehicles 2023-10-31 03126940 frs-core:PlantMachinery 2024-10-31 03126940 frs-core:PlantMachinery 2023-11-01 2024-10-31 03126940 frs-core:PlantMachinery 2023-10-31 03126940 frs-core:RevaluationReserve 2023-11-01 2024-10-31 03126940 frs-core:RevaluationReserve 2024-10-31 03126940 frs-core:ShareCapital 2024-10-31 03126940 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 03126940 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03126940 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 03126940 frs-bus:SmallEntities 2023-11-01 2024-10-31 03126940 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 03126940 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 03126940 frs-bus:Director1 2023-11-01 2024-10-31 03126940 frs-countries:EnglandWales 2023-11-01 2024-10-31 03126940 2022-10-31 03126940 2023-10-31 03126940 2022-11-01 2023-10-31 03126940 frs-core:CurrentFinancialInstruments 2023-10-31 03126940 frs-core:RevaluationReserve 2023-10-31 03126940 frs-core:ShareCapital 2023-10-31 03126940 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 03126940
McDonnell Associates Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Rodliffe Accounting Limited
McDonnell Associates Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
McDonnell Associates Limited
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: 03126940

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1,336,414 |  | 1,367,318
|  |  | 1,336,414 |  | 1,367,318
CURRENT ASSETS
Stocks | 6 | 14,586 |  | 14,586 |
Debtors | 7 | 2,404,993 |  | 2,322,857 |
Cash at bank and in hand |  | 13,991 |  | 72,635 |
|  | 2,433,570 |  | 2,410,078 |
Creditors: Amounts Falling Due Within One Year | 8 | (4,156,291 ) |  | (4,206,857 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,722,721 ) |  | (1,796,779 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (386,307 ) |  | (429,461 )
NET LIABILITIES |  |  | (386,307 ) |  | (429,461 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 10,000 |  | 10,000
Revaluation reserve | 10 |  | 93,801 |  | -
Profit and Loss Account |  |  | (490,108 ) |  | (439,461 )
SHAREHOLDERS' FUNDS |  |  | (386,307) |  | (429,461)

Page 1
Page 2
McDonnell Associates Limited
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 her 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

Mrs Louise McDonnell Director
22/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
McDonnell Associates Limited
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. General Information
McDonnell Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03126940 . The registered office is C/O Rodliffe Accounting Ltd 1 Canada Sq 37th Floor, Canary Wharf, London, E14 5AA.
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. 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 .... 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
Motor Vehicles | 25
Fixtures & Fittings | 25
Computer Equipment | 50

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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
Page 3
Page 4
McDonnell Associates Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 November 2023 | 1,990,843
As at 31 October 2024 | 1,990,843
Amortisation
As at 1 November 2023 | 623,525
Provided during the period | 124,705
Disposals | (93,801 )
As at 31 October 2024 | 654,429
Net Book Value
As at 31 October 2024 | 1,336,414
As at 1 November 2023 | 1,367,318

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 November 2023 | 77,425 | 2,715 | 7,137 | 52,848 | 140,125
As at 31 October 2024 | 77,425 | 2,715 | 7,137 | 52,848 | 140,125
Depreciation
As at 1 November 2023 | 77,425 | 2,715 | 7,137 | 52,848 | 140,125
As at 31 October 2024 | 77,425 | 2,715 | 7,137 | 52,848 | 140,125
Net Book Value
As at 31 October 2024 | - | - | - | - | -
As at 1 November 2023 | - | - | - | - | -

6. Stocks

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Stock | 14,586 |  | 14,586

7. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,404,993 |  | 2,322,857

Page 4
Page 5
McDonnell Associates Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
8. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Corporation tax | 28 |  | 28
VAT | 6,767 |  | 7,253
Other creditors | 5,297 |  | 3,614
Director's loan account | 4,144,199 |  | 4,195,962
| 4,156,291 |  | 4,206,857

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10,000 |  | 10,000

10. Reserves

| Revaluation Reserve
--- | ---
| £
Surplus on revaluation | 93,801
As at 31 October 2024 | 93,801

Page 5