Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 07815294 Mr S J Jones Mr P L Morgan Mr S J Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07815294 2024-01-31 07815294 2025-01-31 07815294 2024-02-01 2025-01-31 07815294 frs-core:CurrentFinancialInstruments 2025-01-31 07815294 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 07815294 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 07815294 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 07815294 frs-core:PlantMachinery 2025-01-31 07815294 frs-core:PlantMachinery 2024-02-01 2025-01-31 07815294 frs-core:PlantMachinery 2024-01-31 07815294 frs-core:RevaluationReserve 2025-01-31 07815294 frs-core:ShareCapital 2025-01-31 07815294 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 07815294 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07815294 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 07815294 frs-bus:SmallEntities 2024-02-01 2025-01-31 07815294 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07815294 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 07815294 frs-core:TaxLossesCarry-forwardsDeferredTax 2025-01-31 07815294 frs-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-01-31 07815294 frs-bus:Director1 2024-02-01 2025-01-31 07815294 frs-bus:Director2 2024-02-01 2025-01-31 07815294 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 07815294 frs-countries:EnglandWales 2024-02-01 2025-01-31 07815294 2023-01-31 07815294 2024-01-31 07815294 2023-02-01 2024-01-31 07815294 frs-core:CurrentFinancialInstruments 2024-01-31 07815294 frs-core:RevaluationReserve 2024-01-31 07815294 frs-core:ShareCapital 2024-01-31 07815294 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07815294 frs-core:TaxLossesCarry-forwardsDeferredTax 2024-01-31 07815294 frs-core:RevaluationPropertyPlantEquipmentDeferredTax 2024-01-31
Registered number: 07815294
MDA Renewables (Pembs 1) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07815294
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 104,981 108,705
104,981 108,705
CURRENT ASSETS
Debtors 5 46,115 56,297
Cash at bank and in hand 10,676 13,351
56,791 69,648
Creditors: Amounts Falling Due Within One Year 6 (87,582 ) (110,515 )
NET CURRENT ASSETS (LIABILITIES) (30,791 ) (40,867 )
TOTAL ASSETS LESS CURRENT LIABILITIES 74,190 67,838
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (6,916 ) (5,610 )
NET ASSETS 67,274 62,228
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 79,941 91,583
Profit and Loss Account (12,767 ) (29,455 )
SHAREHOLDERS' FUNDS 67,274 62,228
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For the year ending 31 January 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 P L Morgan
Director
29 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
MDA Renewables (Pembs 1) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07815294 . The registered office is Clifton House, Four Elms Road, Cardiff, CF24 1LE.
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 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.
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:
Freehold 5% straight line
Plant & Machinery 5% straight line
2.4. 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
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2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 February 2024 - 203,821 203,821
Additions 10,383 - 10,383
As at 31 January 2025 10,383 203,821 214,204
Depreciation
As at 1 February 2024 - 95,116 95,116
Provided during the period 519 13,588 14,107
As at 31 January 2025 519 108,704 109,223
Net Book Value
As at 31 January 2025 9,864 95,117 104,981
As at 1 February 2024 - 108,705 108,705
Plant and machinery which consists solely of a wind turbine was revalued on 1 February 2017 by the directors. In the year ended 31 January 2017 the asset historic cost and accumulated depreciation amounted to £273,533 resulting in a net book value of zero as the previous depreciation rate was based on an useful economic life of five years. The directors believe that the useful economic life of the asset should be based on twenty years from the date that the asset came into service and the revalued amount reflects this.
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5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 15,092 29,254
Other debtors 2,800 1,000
VAT 7,872 7,147
Called up share capital not paid 10 10
Amounts owed by connected companies 20,341 18,886
46,115 56,297
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 44,574 43,200
Accruals and deferred income 1,355 1,117
Amounts owed to connected companies 41,653 66,198
87,582 110,515
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Revaluation of property, plant and equipment 15,177 17,123
Tax losses carried forward (8,261 ) (11,513 )
6,916 5,610
8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 10 10
Called Up Share Capital has been paid up 90 90
Amount of Allotted, Called Up Share Capital 100 100
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