Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06547156 Mrs Maria O'Donoghue Mr Matthew O'Donoghue Mrs Maria O'Donoghue iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06547156 2024-03-31 06547156 2025-03-31 06547156 2024-04-01 2025-03-31 06547156 frs-core:CurrentFinancialInstruments 2025-03-31 06547156 frs-core:ComputerEquipment 2025-03-31 06547156 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06547156 frs-core:ComputerEquipment 2024-03-31 06547156 frs-core:FurnitureFittings 2025-03-31 06547156 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06547156 frs-core:FurnitureFittings 2024-03-31 06547156 frs-core:PlantMachinery 2025-03-31 06547156 frs-core:PlantMachinery 2024-04-01 2025-03-31 06547156 frs-core:PlantMachinery 2024-03-31 06547156 frs-core:RevaluationReserve 2024-04-01 2025-03-31 06547156 frs-core:RevaluationReserve 2024-03-31 06547156 frs-core:RevaluationReserve 2025-03-31 06547156 frs-core:ShareCapital 2025-03-31 06547156 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06547156 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06547156 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06547156 frs-bus:SmallEntities 2024-04-01 2025-03-31 06547156 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06547156 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06547156 frs-bus:Director1 2024-04-01 2025-03-31 06547156 frs-bus:Director2 2024-04-01 2025-03-31 06547156 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06547156 frs-countries:EnglandWales 2024-04-01 2025-03-31 06547156 2023-03-31 06547156 2024-03-31 06547156 2023-04-01 2024-03-31 06547156 frs-core:CurrentFinancialInstruments 2024-03-31 06547156 frs-core:RevaluationReserve 2024-03-31 06547156 frs-core:ShareCapital 2024-03-31 06547156 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06547156
MTOD Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06547156
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,679 14,025
Investment Properties 5 425,000 400,000
439,679 414,025
CURRENT ASSETS
Debtors 6 32,954 29,690
Cash at bank and in hand 117,101 161,877
150,055 191,567
Creditors: Amounts Falling Due Within One Year 7 (52,008 ) (43,730 )
NET CURRENT ASSETS (LIABILITIES) 98,047 147,837
TOTAL ASSETS LESS CURRENT LIABILITIES 537,726 561,862
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,616 ) (17,696 )
NET ASSETS 510,110 544,166
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 98,182 73,182
Profit and Loss Account 411,828 470,884
SHAREHOLDERS' FUNDS 510,110 544,166
Page 1
Page 2
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 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 Maria O'Donoghue
Director
Mr Matthew O'Donoghue
Director
22/12/2025
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
MTOD Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06547156 . The registered office is Belmont Suite, Paragon Business Park, Chorley New Road, Bolton, Lancashire, BL6 6HG.
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.
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 33.33% Straight Line
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. 
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 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 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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 - 16,448 7,469 23,917
Additions 2,966 - 2,902 5,868
As at 31 March 2025 2,966 16,448 10,371 29,785
Depreciation
As at 1 April 2024 - 5,402 4,490 9,892
Provided during the period 989 2,762 1,463 5,214
As at 31 March 2025 989 8,164 5,953 15,106
Net Book Value
As at 31 March 2025 1,977 8,284 4,418 14,679
As at 1 April 2024 - 11,046 2,979 14,025
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 400,000
Revaluations 25,000
As at 31 March 2025 425,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 329,214 -
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 32,230 32,040
Prepayments and accrued income 612 (2,350 )
Other taxes and social security 112 -
32,954 29,690
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1
Corporation tax 33,433 34,210
VAT 15,453 8,879
Other creditors 828 -
Directors' loan accounts 2,294 640
52,008 43,730
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 April 2024 73,182
Transfer to profit and loss 25,000
As at 31 March 2025 98,182
Page 5