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 04487302 Mr Mark Sweeny Miss Lorraine Anderson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04487302 2024-07-31 04487302 2025-07-31 04487302 2024-08-01 2025-07-31 04487302 frs-core:CurrentFinancialInstruments 2025-07-31 04487302 frs-core:Non-currentFinancialInstruments 2025-07-31 04487302 frs-core:ComputerEquipment 2025-07-31 04487302 frs-core:ComputerEquipment 2024-08-01 2025-07-31 04487302 frs-core:ComputerEquipment 2024-07-31 04487302 frs-core:FurnitureFittings 2025-07-31 04487302 frs-core:FurnitureFittings 2024-08-01 2025-07-31 04487302 frs-core:FurnitureFittings 2024-07-31 04487302 frs-core:MotorVehicles 2025-07-31 04487302 frs-core:MotorVehicles 2024-08-01 2025-07-31 04487302 frs-core:MotorVehicles 2024-07-31 04487302 frs-core:PlantMachinery 2025-07-31 04487302 frs-core:PlantMachinery 2024-08-01 2025-07-31 04487302 frs-core:PlantMachinery 2024-07-31 04487302 frs-core:ShareCapital 2025-07-31 04487302 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 04487302 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04487302 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 04487302 frs-bus:SmallEntities 2024-08-01 2025-07-31 04487302 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 04487302 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 04487302 frs-bus:Director1 2024-08-01 2025-07-31 04487302 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 04487302 frs-countries:EnglandWales 2024-08-01 2025-07-31 04487302 2023-07-31 04487302 2024-07-31 04487302 2023-08-01 2024-07-31 04487302 frs-core:CurrentFinancialInstruments 2024-07-31 04487302 frs-core:Non-currentFinancialInstruments 2024-07-31 04487302 frs-core:ShareCapital 2024-07-31 04487302 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 04487302
M S Electrical Services (Farnham) Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Yates & Co (Accountants) Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04487302
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,373 13,290
13,373 13,290
CURRENT ASSETS
Stocks 5 - 6,000
Debtors 6 2,199 25,463
Cash at bank and in hand 25,450 50,656
27,649 82,119
Creditors: Amounts Falling Due Within One Year 7 (19,887 ) (39,259 )
NET CURRENT ASSETS (LIABILITIES) 7,762 42,860
TOTAL ASSETS LESS CURRENT LIABILITIES 21,135 56,150
Creditors: Amounts Falling Due After More Than One Year 8 - (9,651 )
NET ASSETS 21,135 46,499
CAPITAL AND RESERVES
Called up share capital 9 3 3
Profit and Loss Account 21,132 46,496
SHAREHOLDERS' FUNDS 21,135 46,499
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Page 2
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 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 Mark Sweeny
Director
29/11/2025
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
M S Electrical Services (Farnham) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04487302 . The registered office is 91 Weybourne Rd, Weybourne, Farnham, Surrey, GU9 9EX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% straightline
2.4. 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.
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 year 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 asset reflects 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 1
Manufacturing - 1
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2024 2,201 27,130 7,181 292 36,804
Additions - 4,200 - - 4,200
As at 31 July 2025 2,201 31,330 7,181 292 41,004
Depreciation
As at 1 August 2024 1,639 14,695 6,956 224 23,514
Provided during the period 141 3,897 56 23 4,117
As at 31 July 2025 1,780 18,592 7,012 247 27,631
Net Book Value
As at 31 July 2025 421 12,738 169 45 13,373
As at 1 August 2024 562 12,435 225 68 13,290
5. Stocks
2025 2024
£ £
Work in progress - 6,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 599 24,401
Prepayments and accrued income 1,011 1,062
Other debtors 589 -
2,199 25,463
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 197 2,004
Bank loans and overdrafts 15,021 4,825
Corporation tax 93 4,826
Other taxes and social security 109 -
VAT 1,338 11,635
Accruals and deferred income - 10,000
Director's loan account 3,129 5,969
19,887 39,259
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 9,651
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 5