Acorah Software Products - Accounts Production 19.1.200 false true 30 October 2024 1 November 2023 false 31 October 2024 30 October 2025 30 October 2025 05972547 Mr Mark Jermin Mrs. Ann Jermin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05972547 2024-10-30 05972547 2025-10-30 05972547 2024-10-31 2025-10-30 05972547 frs-core:CurrentFinancialInstruments 2025-10-30 05972547 frs-core:Non-currentFinancialInstruments 2025-10-30 05972547 frs-core:FurnitureFittings 2025-10-30 05972547 frs-core:FurnitureFittings 2024-10-31 2025-10-30 05972547 frs-core:FurnitureFittings 2024-10-30 05972547 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-30 05972547 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 2025-10-30 05972547 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-30 05972547 frs-core:MotorVehicles 2025-10-30 05972547 frs-core:MotorVehicles 2024-10-31 2025-10-30 05972547 frs-core:MotorVehicles 2024-10-30 05972547 frs-core:ShareCapital 2025-10-30 05972547 frs-core:RetainedEarningsAccumulatedLosses 2025-10-30 05972547 frs-bus:PrivateLimitedCompanyLtd 2024-10-31 2025-10-30 05972547 frs-bus:FilletedAccounts 2024-10-31 2025-10-30 05972547 frs-bus:SmallEntities 2024-10-31 2025-10-30 05972547 frs-bus:AuditExempt-NoAccountantsReport 2024-10-31 2025-10-30 05972547 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-31 2025-10-30 05972547 frs-bus:Director1 2024-10-31 2025-10-30 05972547 frs-bus:Director1 2024-10-30 05972547 frs-bus:Director1 2025-10-30 05972547 frs-bus:CompanySecretary1 2024-10-31 2025-10-30 05972547 frs-countries:EnglandWales 2024-10-31 2025-10-30 05972547 2023-10-31 05972547 2024-10-30 05972547 2023-11-01 2024-10-30 05972547 frs-core:CurrentFinancialInstruments 2024-10-30 05972547 frs-core:Non-currentFinancialInstruments 2024-10-30 05972547 frs-core:ShareCapital 2024-10-30 05972547 frs-core:RetainedEarningsAccumulatedLosses 2024-10-30
Registered number: 05972547
Mark Jermin Management Limited
Unaudited Financial Statements
For The Year Ended 30 October 2025
Fergusons and Peters
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05972547
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 636,174 650,104
636,174 650,104
CURRENT ASSETS
Debtors 5 828,398 889,269
Cash at bank and in hand 504,156 487,085
1,332,554 1,376,354
Creditors: Amounts Falling Due Within One Year 6 (311,850 ) (385,078 )
NET CURRENT ASSETS (LIABILITIES) 1,020,704 991,276
TOTAL ASSETS LESS CURRENT LIABILITIES 1,656,878 1,641,380
Creditors: Amounts Falling Due After More Than One Year 7 (199,365 ) (207,490 )
NET ASSETS 1,457,513 1,433,890
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 1,457,512 1,433,889
SHAREHOLDERS' FUNDS 1,457,513 1,433,890
Page 1
Page 2
For the year ending 30 October 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 Mark Jermin
Director
22/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mark Jermin Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05972547 . The registered office is Argyle House 10 West Street, Gorseinon, Swansea, SA4 4AA.
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. 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% per annum straight line
Motor Vehicles 20% per annum straight line
Fixtures & Fittings 20% per annum straight line
2.4. 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.
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.
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.
...CONTINUED
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2.5. Taxation - continued
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.
3. Average Number of Employees
8Average number of employees, including directors, during the year was: 6 (2024: 8)
6 8
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 31 October 2024 764,295 10,100 53,570 827,965
Additions - - 1,823 1,823
As at 30 October 2025 764,295 10,100 55,393 829,788
Depreciation
As at 31 October 2024 115,539 10,100 52,222 177,861
Provided during the period 14,472 - 1,281 15,753
As at 30 October 2025 130,011 10,100 53,503 193,614
Net Book Value
As at 30 October 2025 634,284 - 1,890 636,174
As at 31 October 2024 648,756 - 1,348 650,104
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 202,716 286,113
Amounts owed by group undertakings 440,752 442,035
Other debtors 139,210 121,409
782,678 849,557
Due after more than one year
Other debtors 45,720 39,712
828,398 889,269
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (76 ) (49 )
Bank loans and overdrafts 27,876 27,876
Other creditors 143,700 243,413
Taxation and social security 140,350 113,838
311,850 385,078
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 199,365 207,490
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 31 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 October 2025
£ £ £ £ £
Mr Mark Jermin 121,408 148,602 (130,800 ) - 139,210
The above loan is unsecured, interest free and repayable on demand.
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