Acorah Software Products - Accounts Production 16.8.200 false true 31 October 2023 1 November 2022 false 1 November 2023 30 April 2025 30 April 2025 02591930 Mr Anthony Mace Mrs Kim Mace Mr Adam Mace Mr Ben Mace Mr Luke Mace Mrs Jaime Varnfield Mrs Kim Mace iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02591930 2023-10-31 02591930 2025-04-30 02591930 2023-11-01 2025-04-30 02591930 frs-core:CurrentFinancialInstruments 2025-04-30 02591930 frs-core:ComputerEquipment 2023-11-01 2025-04-30 02591930 frs-core:FurnitureFittings 2023-11-01 2025-04-30 02591930 frs-core:NetGoodwill 2025-04-30 02591930 frs-core:NetGoodwill 2023-11-01 2025-04-30 02591930 frs-core:NetGoodwill 2023-10-31 02591930 frs-core:MotorVehicles 2023-11-01 2025-04-30 02591930 frs-core:PlantMachinery 2025-04-30 02591930 frs-core:PlantMachinery 2023-11-01 2025-04-30 02591930 frs-core:PlantMachinery 2023-10-31 02591930 frs-core:ShareCapital 2025-04-30 02591930 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 02591930 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2025-04-30 02591930 frs-bus:FilletedAccounts 2023-11-01 2025-04-30 02591930 frs-bus:SmallEntities 2023-11-01 2025-04-30 02591930 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2025-04-30 02591930 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2025-04-30 02591930 frs-bus:Director1 2023-11-01 2025-04-30 02591930 frs-bus:Director2 2023-11-01 2025-04-30 02591930 frs-bus:Director3 2023-11-01 2025-04-30 02591930 frs-bus:Director4 2023-11-01 2025-04-30 02591930 frs-bus:Director5 2023-11-01 2025-04-30 02591930 frs-bus:Director6 2023-11-01 2025-04-30 02591930 frs-bus:CompanySecretary1 2023-11-01 2025-04-30 02591930 frs-countries:EnglandWales 2023-11-01 2025-04-30 02591930 2022-10-31 02591930 2023-10-31 02591930 2022-11-01 2023-10-31 02591930 frs-core:CurrentFinancialInstruments 2023-10-31 02591930 frs-core:WithinOneYear 2023-10-31 02591930 frs-core:ShareCapital 2023-10-31 02591930 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 02591930
Mace Industries Limited
Unaudited Financial Statements
For the Period 1 November 2023 to 30 April 2025
Linear Accountants Ltd
Mace Industries Limited
Contents
Contents

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

Page 1
Mace Industries Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 02591930

| 30 April 2025 | 31 October 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 557,016 |  | 537,045
|  |  | 557,016 |  | 537,045
CURRENT ASSETS
Stocks | 6 | 1,999,316 |  | 2,064,232 |
Debtors | 7 | 2,817,569 |  | 3,459,076 |
Cash at bank and in hand |  | 1,664,843 |  | 2,028,051 |
|  | 6,481,728 |  | 7,551,359 |
Creditors: Amounts Falling Due Within One Year | 8 | (2,306,811 ) |  | (3,927,127 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 4,174,917 |  | 3,624,232
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,731,933 |  | 4,161,277
NET ASSETS |  |  | 4,731,933 |  | 4,161,277
CAPITAL AND RESERVES
Called up share capital | 10 |  | 617,000 |  | 617,000
Profit and Loss Account |  |  | 4,114,933 |  | 3,544,277
SHAREHOLDERS' FUNDS |  |  | 4,731,933 |  | 4,161,277

Page 1
Page 2
Mace Industries Limited
Balance Sheet (continued)
As At 30 April 2025
For the period ending 30 April 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 Adam Mace Director
22/12/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Mace Industries Limited
Notes to the Financial Statements
For the Period 1 November 2023 to 30 April 2025
Notes to the Financial Statements
1. General Information
Mace Industries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02591930 . The registered office is 1-3 Macadam Road, Earlstrees Industrial Estate, Corby, Northamptonshire, NN17 4JN.
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 profit and loss account over its estimated economic life of 20 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% on reducing balance
Motor Vehicles | 33% on reducing balance
Fixtures & Fittings | 10% on reducing balance
Computer Equipment | 25% on reducing balance

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
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Mace Industries Limited
Notes to the Financial Statements (continued)
For the Period 1 November 2023 to 30 April 2025
2.8. 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 period, 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 period was: 48 (2023: 49)
48 49
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 November 2023 | 61,394
As at 30 April 2025 | 61,394
Amortisation
As at 1 November 2023 | 61,394
As at 30 April 2025 | 61,394
Net Book Value
As at 30 April 2025 | -
As at 1 November 2023 | -

5. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost
As at 1 November 2023 | 1,639,510
Additions | 256,944
Disposals | (61,190 )
As at 30 April 2025 | 1,835,264

...CONTINUED
Page 4
Page 5
Mace Industries Limited
Notes to the Financial Statements (continued)
For the Period 1 November 2023 to 30 April 2025

Depreciation
As at 1 November 2023 | 1,102,465
Provided during the period | 231,686
Disposals | (55,903 )
As at 30 April 2025 | 1,278,248
Net Book Value
As at 30 April 2025 | 557,016
As at 1 November 2023 | 537,045

6. Stocks

| 30 April 2025 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Materials | 1,999,316 |  | 2,064,232

7. Debtors

| 30 April 2025 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,537,497 |  | 2,282,190
Other debtors | 1,280,072 |  | 1,176,886
| 2,817,569 |  | 3,459,076

8. Creditors: Amounts Falling Due Within One Year

| 30 April 2025 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 31,987
Trade creditors | 1,129,384 |  | 2,573,876
Other creditors | 678,895 |  | 689,807
Taxation and social security | 498,532 |  | 631,457
| 2,306,811 |  | 3,927,127

9. Obligations Under Finance Leases and Hire Purchase

| 30 April 2025 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | - |  | 31,987

10. Share Capital

| 30 April 2025 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 617,000 |  | 617,000

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