Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 00149273 Mr R Myers Mr A Myers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00149273 2024-12-31 00149273 2025-12-31 00149273 2025-01-01 2025-12-31 00149273 frs-core:ComputerEquipment 2025-01-01 2025-12-31 00149273 frs-core:FurnitureFittings 2025-01-01 2025-12-31 00149273 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 00149273 frs-core:MotorVehicles 2025-01-01 2025-12-31 00149273 frs-core:OtherReservesSubtotal 2025-12-31 00149273 frs-core:RevaluationReserve 2025-12-31 00149273 frs-core:ShareCapital 2025-12-31 00149273 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 00149273 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00149273 frs-bus:AbridgedAccounts 2025-01-01 2025-12-31 00149273 frs-bus:SmallEntities 2025-01-01 2025-12-31 00149273 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 00149273 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00149273 frs-bus:Director1 2025-01-01 2025-12-31 00149273 frs-bus:Director2 2025-01-01 2025-12-31 00149273 frs-countries:EnglandWales 2025-01-01 2025-12-31 00149273 2023-12-31 00149273 2024-12-31 00149273 2024-01-01 2024-12-31 00149273 frs-core:OtherReservesSubtotal 2024-12-31 00149273 frs-core:RevaluationReserve 2024-12-31 00149273 frs-core:ShareCapital 2024-12-31 00149273 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 00149273
S.& M.Myers,Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2025
Joshua Leigh & Co Ltd
Chartered Accountants
159 High Street
Barnet
Hertfordshire
EN5 5SU
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 00149273
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,215,655 2,218,570
2,215,655 2,218,570
CURRENT ASSETS
Stocks 7,000 8,000
Debtors 2,934 54,042
Cash at bank and in hand 14,427 10,231
24,361 72,273
Creditors: Amounts Falling Due Within One Year (42,650 ) (78,864 )
NET CURRENT ASSETS (LIABILITIES) (18,289 ) (6,591 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,197,366 2,211,979
PROVISIONS FOR LIABILITIES
Deferred Taxation (41,949 ) (42,525 )
NET ASSETS 2,155,417 2,169,454
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Revaluation reserve 425,751 425,751
Other reserves 15,627 15,627
Profit and Loss Account 1,704,039 1,718,076
SHAREHOLDERS' FUNDS 2,155,417 2,169,454
Page 1
Page 2
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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr R Myers
Director
Mr A Myers
Director
8 May 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
S.& M.Myers,Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00149273 . The registered office is 81-85 East End Road, East Finchley, London, N2 0SP.
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.
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
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 January 2025 2,272,993
Additions 933
As at 31 December 2025 2,273,926
Depreciation
As at 1 January 2025 54,423
Provided during the period 3,848
As at 31 December 2025 58,271
Net Book Value
As at 31 December 2025 2,215,655
As at 1 January 2025 2,218,570
Included in cost of land and property is freehold land of £2,200,000 (2024 - £2,200,000) which is not depreciated.
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