Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 true 1 April 2024 31 March 2025 31 March 2025 10429780 Mr Steven Summers Mr John Reynolds Cloud Wing Investment Co LTD false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10429780 2024-03-31 10429780 2025-03-31 10429780 2024-04-01 2025-03-31 10429780 frs-core:CurrentFinancialInstruments 2025-03-31 10429780 frs-core:Non-currentFinancialInstruments 2025-03-31 10429780 frs-core:ShareCapital 2025-03-31 10429780 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10429780 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10429780 frs-bus:FullAccounts 2024-04-01 2025-03-31 10429780 frs-bus:SmallEntities 2024-04-01 2025-03-31 10429780 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10429780 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10429780 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 10429780 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 10429780 frs-bus:OrdinaryShareClass2 2025-03-31 10429780 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 10429780 frs-bus:OrdinaryShareClass3 2025-03-31 10429780 frs-bus:OrdinaryShareClass4 2024-04-01 2025-03-31 10429780 frs-bus:OrdinaryShareClass4 2025-03-31 10429780 1 2024-04-01 2025-03-31 10429780 frs-bus:Director1 2024-04-01 2025-03-31 10429780 frs-bus:Director2 2024-04-01 2025-03-31 10429780 1 2024-04-01 2025-03-31 10429780 frs-countries:EnglandWales 2024-04-01 2025-03-31 10429780 2023-03-31 10429780 2024-03-31 10429780 2023-04-01 2024-03-31 10429780 frs-core:CurrentFinancialInstruments 2024-03-31 10429780 frs-core:Non-currentFinancialInstruments 2024-03-31 10429780 frs-core:ShareCapital 2024-03-31 10429780 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10429780 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 10429780 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 10429780 frs-bus:OrdinaryShareClass4 2023-04-01 2024-03-31 10429780 1 2023-04-01 2024-03-31
Registered number: 10429780
MG RANDALLS WAY LIMITED
Directors' Report and
Financial Statements
For The Year Ended 31 March 2025
Certius Professional Services Limited
Chartered Tax Advisers - Certified Practising Accountants
Bayside Business Centre
48 Willis Way
Poole
Dorset
BH15 3TB
MG RANDALLS WAY LIMITED
Contents
Contents

| Page
--- | ---
Company Information | 1
Directors' Report | 2—3
Accountants' Report | 4
Profit and Loss Account | 5
Balance Sheet | 6—7
Notes to the Financial Statements | 8—9

Page 1
MG RANDALLS WAY LIMITED
Company Information
For The Year Ended 31 March 2025
Company Information

Directors | Mr Steven Summers
| Mr John Reynolds
Company Number | 10429780
Registered Office | C/O Certius, Bayside Business Centre
| Sovereign Business Park
| Poole
| Dorset
| BH15 3TB
Accountants | Certius Professional Services Limited
| Chartered Tax Advisers - Certified Practising Accountants
| Bayside Business Centre
| 48 Willis Way
| Poole
| Dorset
| BH15 3TB

Page 1
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MG RANDALLS WAY LIMITED
Company No. 10429780
Directors' Report For The Year Ended 31 March 2025
Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2025.
Principal Activity
The company's principal activity continues to be that of property development.
Review of the Business
During the year ended 31 March 2022 the company sold all of its trading stock and work in progress, as the high cost of financing its operations and the general trading climate due to the Covid 19 pandemic and the departure of the UK from the European Union meant that the company was unlikely to make an overall profit on its current activities.
In order to reduce losses and enable investors to recoup a larger proportion of their investment, it was felt that the early sale of stock and work in progress was in the best interests of the company. its shareholders and investors.
Future Developments
Under the terms of the sale of stock and work in progress a potential further payment may be received from the purchaser. This receipt will be contingent upon the achievement of certain criteria by the purchaser as laid out in the sale and purchase agreement entered into between the company and the purchaser.
The maximum amount receivable by the company under this contingent agreement will be approximately £1,580,000 ( net of UK taxes)
Directors
The directors who held office during the year were as follows:

Mr Steven Summers
Mr John Reynolds

Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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MG RANDALLS WAY LIMITED
Directors' Report (continued)
For The Year Ended 31 March 2025
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board

Mr Steven Summers Director
19th November 2025

Page 3
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MG RANDALLS WAY LIMITED
Accountants' Report
For The Year Ended 31 March 2025
Accountants' Report
In accordance with the engagement letter dated 17 October 2016, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

19th November 2025

Certius Professional Services Limited
Chartered Tax Advisers - Certified Practising Accountants
Bayside Business Centre
48 Willis Way
Poole
Dorset
BH15 3TB
Page 4
Page 5
MG RANDALLS WAY LIMITED
Profit and Loss Account
For The Year Ended 31 March 2025
Profit and Loss Account

| 2025 |  | 2024
--- | --- | --- | ---
| Notes | £ |  | £
Administrative expenses |  | 23,492 |  | (4,903 )
OPERATING PROFIT/(LOSS) |  | 23,492 |  | (4,903 )
Interest payable and similar charges |  | (242 ) |  | (240 )
PROFIT/(LOSS) FOR THE FINANCIAL YEAR |  | 23,250 |  | (5,143 )

The notes on pages 8 to 9 form part of these financial statements.
Page 5
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MG RANDALLS WAY LIMITED
Balance Sheet
As At 31 March 2025
Balance Sheet

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 22,489 |  | 21,902 |
Cash at bank and in hand |  | - |  | 5,587 |
|  | 22,489 |  | 27,489 |
Creditors: Amounts Falling Due Within One Year | 5 | (22,923 ) |  | (51,173 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (434 ) |  | (23,684 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (434 ) |  | (23,684 )
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (2,886,894 ) |  | (2,886,894 )
NET LIABILITIES |  |  | (2,887,328 ) |  | (2,910,578 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | (2,887,428 ) |  | (2,910,678 )
SHAREHOLDERS' FUNDS |  |  | (2,887,328) |  | (2,910,578)

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MG RANDALLS WAY LIMITED
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board

Mr Steven Summers Director
19th November 2025

The notes on pages 8 to 9 form part of these financial statements.
Page 7
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MG RANDALLS WAY LIMITED
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
MG RANDALLS WAY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10429780 . The registered office is C/O Certius, Bayside Business Centre, Sovereign Business Park, Poole, Dorset, BH15 3TB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Financial Instruments
The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial
instruments.
Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow Group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Directors | 2 |  | 2
| 2 |  | 2

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MG RANDALLS WAY LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | - |  | 400
VAT | 7,489 |  | 6,502
| 7,489 |  | 6,902
Due after more than one year
Amounts owed by associates | 15,000 |  | 15,000
| 22,489 |  | 21,902

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 12,695 |  | 7,635
Bank loans and overdrafts | 90 |  | -
Other creditors | 10,138 |  | 10,538
Accruals and deferred income | - |  | 33,000
| 22,923 |  | 51,173

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to related parties | 2,886,894 |  | 2,886,894

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
55 Ordinary A shares of £ 1.00 each | 55 |  | 55
40 Ordinary B shares of £ 1.00 each | 40 |  | 40
5 Ordinary C shares of £ 1.00 each | 5 |  | 5
| 100 |  | 100

8. Controlling Party
The company's controlling party is Cloud Wing Investment Co LTD by virtue of the ownership of 55% of the issued share capital in the company.
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