Acorah Software Products - Accounts Production 16.7.461 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 09699031 Mr Martin McNulty Mr Andrew Ellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09699031 2024-07-31 09699031 2025-07-31 09699031 2024-08-01 2025-07-31 09699031 frs-core:CurrentFinancialInstruments 2025-07-31 09699031 frs-core:Non-currentFinancialInstruments 2025-07-31 09699031 frs-core:ComputerEquipment 2025-07-31 09699031 frs-core:ComputerEquipment 2024-08-01 2025-07-31 09699031 frs-core:ComputerEquipment 2024-07-31 09699031 frs-core:FurnitureFittings 2025-07-31 09699031 frs-core:FurnitureFittings 2024-08-01 2025-07-31 09699031 frs-core:FurnitureFittings 2024-07-31 09699031 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 09699031 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 09699031 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 09699031 frs-core:PlantMachinery 2025-07-31 09699031 frs-core:PlantMachinery 2024-08-01 2025-07-31 09699031 frs-core:PlantMachinery 2024-07-31 09699031 frs-core:WithinOneYear 2025-07-31 09699031 frs-core:SharePremium 2025-07-31 09699031 frs-core:ShareCapital 2025-07-31 09699031 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 09699031 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 09699031 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 09699031 frs-bus:SmallEntities 2024-08-01 2025-07-31 09699031 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 09699031 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 09699031 frs-bus:Director1 2024-08-01 2025-07-31 09699031 frs-bus:Director2 2024-08-01 2025-07-31 09699031 frs-countries:EnglandWales 2024-08-01 2025-07-31 09699031 2023-07-31 09699031 2024-07-31 09699031 2023-08-01 2024-07-31 09699031 frs-core:CurrentFinancialInstruments 2024-07-31 09699031 frs-core:Non-currentFinancialInstruments 2024-07-31 09699031 frs-core:BetweenOneFiveYears 2024-07-31 09699031 frs-core:WithinOneYear 2024-07-31 09699031 frs-core:SharePremium 2024-07-31 09699031 frs-core:ShareCapital 2024-07-31 09699031 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 09699031
McNulty & Ellis Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Sempar Accountancy and Tax Limited
McNulty & Ellis Limited
Contents
Contents

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

Page 1
McNulty & Ellis Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 09699031

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 587,489 |  | 621,817
|  |  | 587,489 |  | 621,817
CURRENT ASSETS
Stocks | 5 | 18,000 |  | 20,000 |
Debtors | 6 | 9,016 |  | 5,063 |
Cash at bank and in hand |  | 25,557 |  | 19,547 |
|  | 52,573 |  | 44,610 |
Creditors: Amounts Falling Due Within One Year | 7 | (705,551 ) |  | (642,409 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (652,978 ) |  | (597,799 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (65,489 ) |  | 24,018
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (106,617 ) |  | (131,348 )
NET LIABILITIES |  |  | (172,106 ) |  | (107,330 )
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Share premium account |  |  | 499,900 |  | 499,900
Profit and Loss Account |  |  | (672,106 ) |  | (607,330 )
SHAREHOLDERS' FUNDS |  |  | (172,106) |  | (107,330)

Page 1
Page 2
McNulty & Ellis Limited
Balance Sheet (continued)
As At 31 July 2025
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 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 Martin McNulty Director
10 February 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
McNulty & Ellis Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
McNulty & Ellis Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09699031 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University, Keele, Staffordshire, ST5 5NU.
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. The directors have agreed to provide continuing support for a period of at least 12 months from the date of signing the balance sheet.
2.3. 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.
2.4. 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:

Freehold | 2% on cost
Plant & Machinery | 20% reducing balance
Fixtures & Fittings | 20% reducing balance
Computer Equipment | 20% reducing balance

2.5. 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 29 (2024: 44)
29 44
Page 3
Page 4
McNulty & Ellis Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 August 2024 | 579,781 | 145,449 | 240,730 | 2,995 | 968,955
Additions | - | 116 | 3,948 | - | 4,064
As at 31 July 2025 | 579,781 | 145,565 | 244,678 | 2,995 | 973,019
Depreciation
As at 1 August 2024 | 87,884 | 101,719 | 156,936 | 599 | 347,138
Provided during the period | 11,595 | 8,769 | 17,549 | 479 | 38,392
As at 31 July 2025 | 99,479 | 110,488 | 174,485 | 1,078 | 385,530
Net Book Value
As at 31 July 2025 | 480,302 | 35,077 | 70,193 | 1,917 | 587,489
As at 1 August 2024 | 491,897 | 43,730 | 83,794 | 2,396 | 621,817

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 18,000 |  | 20,000

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 7,862 |  | 3,309
Other debtors | 1,154 |  | 1,754
| 9,016 |  | 5,063

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 52,963 |  | 74,279
Bank loans and overdrafts | 23,291 |  | 23,112
Other taxes and social security | 9,097 |  | 5,880
VAT | 51,229 |  | 53,460
Net wages | - |  | 52
Other creditors | 2,009 |  | 2,058
Accruals and deferred income | 16,286 |  | 27,270
Directors' loan accounts | 550,676 |  | 456,298
| 705,551 |  | 642,409

Page 4
Page 5
McNulty & Ellis Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 106,617 |  | 131,348

Lloyds Bank PLC holds a fixed and floating charge over all the property or undertaking of McNulty & Ellis Limited.
Bank loans outstanding at the reporting date include instalments due after more than five years of £54,170 (2024: £67,282).
9. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 119,908 |  | 134,460

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 8,833 |  | 10,476
Later than one year and not later than five years | - |  | 8,063
| 8,833 |  | 18,539

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