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 SC514470 Mr Michael Riley Mrs Tami Riley Ms Debra Messer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC514470 2024-12-31 SC514470 2025-12-31 SC514470 2025-01-01 2025-12-31 SC514470 frs-core:CurrentFinancialInstruments 2025-12-31 SC514470 frs-core:Non-currentFinancialInstruments 2025-12-31 SC514470 frs-core:ComputerEquipment 2025-12-31 SC514470 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC514470 frs-core:ComputerEquipment 2024-12-31 SC514470 frs-core:MotorVehicles 2025-12-31 SC514470 frs-core:MotorVehicles 2025-01-01 2025-12-31 SC514470 frs-core:MotorVehicles 2024-12-31 SC514470 frs-core:PlantMachinery 2025-12-31 SC514470 frs-core:PlantMachinery 2025-01-01 2025-12-31 SC514470 frs-core:PlantMachinery 2024-12-31 SC514470 frs-core:ShareCapital 2025-12-31 SC514470 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC514470 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC514470 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC514470 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC514470 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC514470 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC514470 frs-bus:Director1 2025-01-01 2025-12-31 SC514470 frs-bus:Director2 2025-01-01 2025-12-31 SC514470 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 SC514470 frs-countries:Scotland 2025-01-01 2025-12-31 SC514470 2023-12-31 SC514470 2024-12-31 SC514470 2024-01-01 2024-12-31 SC514470 frs-core:CurrentFinancialInstruments 2024-12-31 SC514470 frs-core:Non-currentFinancialInstruments 2024-12-31 SC514470 frs-core:ShareCapital 2024-12-31 SC514470 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: SC514470
MR Electrical(Edinburgh) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Glass Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC514470
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,347 62,741
Investment Properties 5 87,500 87,500
139,847 150,241
CURRENT ASSETS
Stocks 6 30,122 29,844
Debtors 7 173,228 143,829
Cash at bank and in hand 106,174 74,705
309,524 248,378
Creditors: Amounts Falling Due Within One Year 8 (134,390 ) (164,787 )
NET CURRENT ASSETS (LIABILITIES) 175,134 83,591
TOTAL ASSETS LESS CURRENT LIABILITIES 314,981 233,832
Creditors: Amounts Falling Due After More Than One Year 9 (286,295 ) (226,793 )
NET ASSETS 28,686 7,039
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 28,684 7,037
SHAREHOLDERS' FUNDS 28,686 7,039
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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.
On behalf of the board
Mr Michael Riley
Director
20/04/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
MR Electrical(Edinburgh) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC514470 . The registered office is 4c West Telferton, West Telferton Industrial Estate, Edinburgh, EH7 6UL.
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:
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
Computer Equipment 20% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
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2.6. 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: 24 (2024: 24)
24 24
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 1,633 101,896 8,647 112,176
Additions - - 2,916 2,916
As at 31 December 2025 1,633 101,896 11,563 115,092
Depreciation
As at 1 January 2025 327 43,978 5,130 49,435
Provided during the period 260 11,764 1,286 13,310
As at 31 December 2025 587 55,742 6,416 62,745
Net Book Value
As at 31 December 2025 1,046 46,154 5,147 52,347
As at 1 January 2025 1,306 57,918 3,517 62,741
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 and 31 December 2025 87,500
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6. Stocks
2025 2024
£ £
Stock 15,186 13,881
Work in progress 14,936 15,963
30,122 29,844
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 127,526 128,688
Other debtors 41,560 15,141
169,086 143,829
Due after more than one year
Other debtors 4,142 -
173,228 143,829
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 40,158 62,818
Other creditors 9,979 19,619
Taxation and social security 84,253 82,350
134,390 164,787
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 199,064 126,189
Other loans 87,231 100,604
286,295 226,793
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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