Acorah Software Products - Accounts Production 16.7.461 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07886984 Miss Leah Newby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07886984 2024-12-31 07886984 2025-12-31 07886984 2025-01-01 2025-12-31 07886984 frs-core:CurrentFinancialInstruments 2025-12-31 07886984 frs-core:Non-currentFinancialInstruments 2025-12-31 07886984 frs-core:ComputerEquipment 2025-01-01 2025-12-31 07886984 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07886984 frs-core:PlantMachinery 2025-12-31 07886984 frs-core:PlantMachinery 2025-01-01 2025-12-31 07886984 frs-core:PlantMachinery 2024-12-31 07886984 frs-core:CapitalRedemptionReserve 2025-12-31 07886984 frs-core:ShareCapital 2025-12-31 07886984 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07886984 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07886984 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07886984 frs-bus:SmallEntities 2025-01-01 2025-12-31 07886984 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07886984 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07886984 frs-bus:Director1 2025-01-01 2025-12-31 07886984 1 2025-01-01 2025-12-31 07886984 frs-core:CurrentFinancialInstruments 8 2025-12-31 07886984 frs-countries:EnglandWales 2025-01-01 2025-12-31 07886984 2023-12-31 07886984 2024-12-31 07886984 2024-01-01 2024-12-31 07886984 frs-core:CurrentFinancialInstruments 2024-12-31 07886984 frs-core:Non-currentFinancialInstruments 2024-12-31 07886984 frs-core:CapitalRedemptionReserve 2024-12-31 07886984 frs-core:ShareCapital 2024-12-31 07886984 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07886984 1 2024-01-01 2024-12-31 07886984 frs-core:CurrentFinancialInstruments 8 2024-12-31
Registered number: 07886984
Morgan Agency Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Morgan Agency Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Morgan Agency Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 07886984

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 4,955 |  | 3,843
|  |  | 4,955 |  | 3,843
CURRENT ASSETS
Stocks | 5 | - |  | 74,257 |
Debtors | 6 | 36,432 |  | 21,063 |
Cash at bank and in hand |  | 80,692 |  | 187,845 |
|  | 117,124 |  | 283,165 |
Creditors: Amounts Falling Due Within One Year | 7 | (19,922 ) |  | (30,193 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 97,202 |  | 252,972
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 102,157 |  | 256,815
Creditors: Amounts Falling Due After More Than One Year | 8 |  | - |  | (7,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (942 ) |  | (730 )
NET ASSETS |  |  | 101,215 |  | 248,585
CAPITAL AND RESERVES
Called up share capital |  |  | 1 |  | 1
Capital redemption reserve |  |  | 1 |  | 1
Profit and Loss Account |  |  | 101,213 |  | 248,583
SHAREHOLDERS' FUNDS |  |  | 101,215 |  | 248,585

Page 1
Page 2
Morgan Agency Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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 her 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

Miss Leah Newby Director
10/04/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Morgan Agency Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Morgan Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07886984 . The registered office is Calls Wharf 2 The Calls, Leeds, West Yorkshire, LS2 7JU. The principal activity during the year continued to be that of brand management and advertising.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
2.2. Turnover
Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;
- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

Plant & Machinery | Reducing Balance Method @ 25%
Fixtures & Fittings | Reducing Balance Method @ 25%
Computer Equipment | Reducing Balance Method @ 25%

Page 3
Page 4
Morgan Agency Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
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. Financial Instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. Taxation
Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
2.7. Pensions
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
2.8. Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| 5 |  | 5
| 5 |  | 5

Page 4
Page 5
Morgan Agency Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 January 2025 | 7,839
Additions | 2,366
As at 31 December 2025 | 10,205
Depreciation
As at 1 January 2025 | 3,996
Provided during the period | 1,254
As at 31 December 2025 | 5,250
Net Book Value
As at 31 December 2025 | 4,955
As at 1 January 2025 | 3,843

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Work in progress | - |  | 74,257

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 36,000 |  | 18,812
Prepayments and accrued income | 432 |  | 503
VAT | - |  | 1,748
| 36,432 |  | 21,063

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 4,580 |  | 3,890
Bank loans and overdrafts | 7,500 |  | 10,000
Corporation tax | - |  | 3,581
Other taxes and social security | 3,658 |  | 3,435
VAT | 4,406 |  | -
Credit Card | 580 |  | 639
Corporation tax prior year | (3,581 ) |  | -
Accruals and deferred income | - |  | 745
Director's loan account | 2,779 |  | 7,903
| 19,922 |  | 30,193

Page 5
Page 6
Morgan Agency Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 7,500

Included within creditors both due within one year and due after more than one year are secured liabilities in respect of other loans and in respect of obligations under finance lease and hire purchase contracts. The director has also provided a personal guarantee against the bank loan.
Page 6