Acorah Software Products - Accounts Production 18.1.200 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 07747087 Mr M Hanson Mr M R Hanson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07747087 2024-08-31 07747087 2025-08-31 07747087 2024-09-01 2025-08-31 07747087 frs-core:CurrentFinancialInstruments 2025-08-31 07747087 frs-core:Non-currentFinancialInstruments 2025-08-31 07747087 frs-core:BetweenOneFiveYears 2025-08-31 07747087 frs-core:ComputerEquipment 2025-08-31 07747087 frs-core:ComputerEquipment 2024-09-01 2025-08-31 07747087 frs-core:ComputerEquipment 2024-08-31 07747087 frs-core:FurnitureFittings 2025-08-31 07747087 frs-core:FurnitureFittings 2024-09-01 2025-08-31 07747087 frs-core:FurnitureFittings 2024-08-31 07747087 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 07747087 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 07747087 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 07747087 frs-core:MotorVehicles 2025-08-31 07747087 frs-core:MotorVehicles 2024-09-01 2025-08-31 07747087 frs-core:MotorVehicles 2024-08-31 07747087 frs-core:PlantMachinery 2025-08-31 07747087 frs-core:PlantMachinery 2024-09-01 2025-08-31 07747087 frs-core:PlantMachinery 2024-08-31 07747087 frs-core:WithinOneYear 2025-08-31 07747087 frs-core:ShareCapital 2025-08-31 07747087 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 07747087 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 07747087 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 07747087 frs-bus:SmallEntities 2024-09-01 2025-08-31 07747087 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 07747087 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 07747087 frs-bus:OrdinaryShareClass1 2024-09-01 2025-08-31 07747087 frs-bus:OrdinaryShareClass1 2025-08-31 07747087 1 2024-09-01 2025-08-31 07747087 frs-core:DeferredTaxation 2024-09-01 2025-08-31 07747087 frs-core:DeferredTaxation 2024-08-31 07747087 frs-core:DeferredTaxation 2025-08-31 07747087 frs-bus:Director1 2024-09-01 2025-08-31 07747087 frs-core:CurrentFinancialInstruments 1 2025-08-31 07747087 frs-countries:EnglandWales 2024-09-01 2025-08-31 07747087 2023-08-31 07747087 2024-08-31 07747087 2023-09-01 2024-08-31 07747087 frs-core:CurrentFinancialInstruments 2024-08-31 07747087 frs-core:Non-currentFinancialInstruments 2024-08-31 07747087 frs-core:BetweenOneFiveYears 2024-08-31 07747087 frs-core:WithinOneYear 2024-08-31 07747087 frs-core:ShareCapital 2024-08-31 07747087 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07747087 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 07747087 frs-core:CurrentFinancialInstruments 1 2024-08-31
Registered number: 07747087
MH Vehicle Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07747087
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 621,329 618,597
621,329 618,597
CURRENT ASSETS
Debtors 5 31,328 34,996
Cash at bank and in hand 201,109 85,043
232,437 120,039
Creditors: Amounts Falling Due Within One Year 6 (234,343 ) (172,696 )
NET CURRENT ASSETS (LIABILITIES) (1,906 ) (52,657 )
TOTAL ASSETS LESS CURRENT LIABILITIES 619,423 565,940
Creditors: Amounts Falling Due After More Than One Year 7 (368,954 ) (441,641 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (47,016 ) (42,932 )
NET ASSETS 203,453 81,367
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 203,451 81,365
SHAREHOLDERS' FUNDS 203,453 81,367
Page 1
Page 2
For the year ending 31 August 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 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 Hanson
Director
28 April 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MH Vehicle Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07747087 . The registered office is Unit 1 Castle View Court Castle Point Park, Fauld, Nr Tutbury, Burton On Trent, Staffordshire, DE13 9DX.
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
At the time of approving the financial statements the directors have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing financial statements.
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.
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% - on cost
Motor Vehicles 20% - on cost
Fixtures & Fittings 20% - on cost
Computer Equipment 33% - on cost
Page 3
Page 4
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. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
2.7. 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.
2.8. Hire purchase and leasing commitments
Rentals paid under opertaing leases are charged to profit or loss on a striaght line basis over the period of the lease.
Page 4
Page 5
2.9. Pension costs and otherpost-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 7)
8 7
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 475,972 117,447 202,382 30,943
Additions - 12,678 48,583 3,035
As at 31 August 2025 475,972 130,125 250,965 33,978
Depreciation
As at 1 September 2024 61,586 98,888 17,132 30,943
Provided during the period 7,758 7,036 46,382 -
As at 31 August 2025 69,344 105,924 63,514 30,943
Net Book Value
As at 31 August 2025 406,628 24,201 187,451 3,035
As at 1 September 2024 414,386 18,559 185,250 -
Computer Equipment Total
£ £
Cost
As at 1 September 2024 13,746 840,490
Additions - 64,296
As at 31 August 2025 13,746 904,786
Depreciation
As at 1 September 2024 13,344 221,893
Provided during the period 388 61,564
As at 31 August 2025 13,732 283,457
...CONTINUED
Page 5
Page 6
Net Book Value
As at 31 August 2025 14 621,329
As at 1 September 2024 402 618,597
Included in cost of land and buildings is freehold land of £88,000 which is not depreciated.
There is no depreciation of the land beacuse the value is not less than cost.
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 27,399 28,642
Prepayments and accrued income 3,929 2,552
VAT - 3,802
31,328 34,996
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 40,000 40,000
Trade creditors 273 28,806
Bank loans and overdrafts 27,298 49,139
Corporation tax 52,077 -
Other taxes and social security 8 8
VAT 26,361 -
Pension creditor 598 361
Accruals and deferred income 1,035 860
Director's loan account 86,693 53,522
234,343 172,696
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 76,667 116,667
Bank loans 292,287 324,974
368,954 441,641
Page 6
Page 7
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 40,000 40,000
Later than one year and not later than five years 76,667 116,667
116,667 156,667
116,667 156,667
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 September 2024 42,932 42,932
Deferred taxation 4,084 4,084
Balance at 31 August 2025 47,016 47,016
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr M R Hanson by virtue of his ownership of 100% of the issued share capital in the company.
Page 7