Acorah Software Products - Accounts Production 16.8.310 false true true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 SC642024 Mr M Robinson Mr M H Robinson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC642024 2024-09-30 SC642024 2025-09-30 SC642024 2024-10-01 2025-09-30 SC642024 frs-core:CurrentFinancialInstruments 2025-09-30 SC642024 frs-core:ShareCapital 2025-09-30 SC642024 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 SC642024 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC642024 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 SC642024 frs-bus:SmallEntities 2024-10-01 2025-09-30 SC642024 frs-bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 SC642024 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC642024 1 2024-10-01 2025-09-30 SC642024 frs-bus:Director1 2024-10-01 2025-09-30 SC642024 frs-bus:Director1 2024-09-30 SC642024 frs-bus:Director1 2025-09-30 SC642024 frs-countries:Scotland 2024-10-01 2025-09-30 SC642024 2023-09-30 SC642024 2024-09-30 SC642024 2023-10-01 2024-09-30 SC642024 frs-core:CurrentFinancialInstruments 2024-09-30 SC642024 frs-core:ShareCapital 2024-09-30 SC642024 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: SC642024
MHR Financial Services Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Nuvo Scotland Limited
MHR Financial Services Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2
Notes to the Financial Statements | 3—4

Page 1
MHR Financial Services Ltd
Accountants' Report
For The Year Ended 30 September 2025
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of MHR Financial Services Ltd for the year ended 30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MHR Financial Services Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of MHR Financial Services Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of MHR Financial Services Ltd and state those matters that we have agreed to state to the director of MHR Financial Services Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MHR Financial Services Ltd and its director as a body for our work or for this report.
It is your duty to ensure that MHR Financial Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of MHR Financial Services Ltd . You consider that MHR Financial Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MHR Financial Services Ltd . 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.

25 February 2026

Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
MHR Financial Services Ltd
Balance Sheet
As At 30 September 2025
Balance Sheet
Registered number: SC642024

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 3,377 |  | 943 |
Cash at bank and in hand |  | 36,774 |  | 43,071 |
|  | 40,151 |  | 44,014 |
Creditors: Amounts Falling Due Within One Year | 5 | (45,721 ) |  | (36,144 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (5,570 ) |  | 7,870
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (5,570 ) |  | 7,870
NET (LIABILITIES)/ASSETS |  |  | (5,570 ) |  | 7,870
CAPITAL AND RESERVES
Called up share capital |  |  | 100 |  | 100
Profit and Loss Account |  |  | (5,670 ) |  | 7,770
SHAREHOLDERS' FUNDS |  |  | (5,570) |  | 7,870

For the year ending 30 September 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 M Robinson Director
18 February 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
MHR Financial Services Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
MHR Financial Services Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC642024 . The registered office is 10 Glenvilla Place, Paisley, PA2 8TP.
The presentation currency of the financial statements is the Pound Sterling (£).
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 financial statements have been prepared on a going concern basis on the confirmation from the director that the company will continue to trade for a period of no less than 12 months from the date of this report.
The director acknowledges the negative balance sheet position and has given assurance that they will continue to support the company in order for it to meet it's obligations as they fall due by making funds available and not calling on the Directors Loan Account for repayment until such a time the company is in a position to be able to make repayments.
2.3. Turnover
Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where the contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.
2.4. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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MHR Financial Services Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Corporation tax recoverable assets | 3,152 |  | -
Other taxes and social security | 225 |  | 943
| 3,377 |  | 943

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | - |  | 3,387
Accruals and deferred income | 197 |  | 115
Director's loan account | 45,524 |  | 32,642
| 45,721 |  | 36,144

6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 October 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 September 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Michael Robinson | (32,642 ) | - | (12,882 ) | - | (45,524 )

The above loan is interest free and has no fixed repayment terms.
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr M H Robinson .
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