Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 07717880 Mr Samuel Dimmick Mr Oliver Wane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07717880 2024-08-31 07717880 2025-08-31 07717880 2024-09-01 2025-08-31 07717880 frs-core:CurrentFinancialInstruments 2025-08-31 07717880 frs-core:Non-currentFinancialInstruments 2025-08-31 07717880 frs-core:BetweenOneFiveYears 2025-08-31 07717880 frs-core:ComputerEquipment 2025-08-31 07717880 frs-core:ComputerEquipment 2024-09-01 2025-08-31 07717880 frs-core:ComputerEquipment 2024-08-31 07717880 frs-core:FurnitureFittings 2025-08-31 07717880 frs-core:FurnitureFittings 2024-09-01 2025-08-31 07717880 frs-core:FurnitureFittings 2024-08-31 07717880 frs-core:NetGoodwill 2025-08-31 07717880 frs-core:NetGoodwill 2024-09-01 2025-08-31 07717880 frs-core:NetGoodwill 2024-08-31 07717880 frs-core:InvestmentPropertyIncludedWithinPPE 2025-08-31 07717880 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-01 2025-08-31 07717880 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 07717880 frs-core:MotorVehicles 2025-08-31 07717880 frs-core:MotorVehicles 2024-09-01 2025-08-31 07717880 frs-core:MotorVehicles 2024-08-31 07717880 frs-core:PlantMachinery 2025-08-31 07717880 frs-core:PlantMachinery 2024-09-01 2025-08-31 07717880 frs-core:PlantMachinery 2024-08-31 07717880 frs-core:WithinOneYear 2025-08-31 07717880 frs-core:ShareCapital 2025-08-31 07717880 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 07717880 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 07717880 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 07717880 frs-bus:SmallEntities 2024-09-01 2025-08-31 07717880 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 07717880 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 07717880 frs-bus:Director1 2024-09-01 2025-08-31 07717880 frs-bus:Director2 2024-09-01 2025-08-31 07717880 frs-countries:EnglandWales 2024-09-01 2025-08-31 07717880 2023-08-31 07717880 2024-08-31 07717880 2023-09-01 2024-08-31 07717880 frs-core:CurrentFinancialInstruments 2024-08-31 07717880 frs-core:Non-currentFinancialInstruments 2024-08-31 07717880 frs-core:BetweenOneFiveYears 2024-08-31 07717880 frs-core:WithinOneYear 2024-08-31 07717880 frs-core:ShareCapital 2024-08-31 07717880 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 07717880
Collective Mcr Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
My Trusted Accountant Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07717880
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,320 8,640
Tangible Assets 5 30,369 41,501
34,689 50,141
CURRENT ASSETS
Stocks 6 500 500
Debtors 7 8,725 34,119
Cash at bank and in hand 45,977 20,230
55,202 54,849
Creditors: Amounts Falling Due Within One Year 8 (169,848 ) (54,636 )
NET CURRENT ASSETS (LIABILITIES) (114,646 ) 213
TOTAL ASSETS LESS CURRENT LIABILITIES (79,957 ) 50,354
Creditors: Amounts Falling Due After More Than One Year 9 (13,659 ) (39,446 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,262 ) (9,262 )
NET (LIABILITIES)/ASSETS (102,878 ) 1,646
CAPITAL AND RESERVES
Called up share capital 11 200 200
Profit and Loss Account (103,078 ) 1,446
SHAREHOLDERS' FUNDS (102,878) 1,646
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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 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 Samuel Dimmick
Director
13/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Collective Mcr Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07717880 . The registered office is Unit 6a Balfour Court, Leyland, Preston, PR25 2TF.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the aquisition of the business in 2012, is being amortised evenly over its remaining estimated useful life.
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:
Plant & Machinery 20% on cost and 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
2.5. 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.
2.6. 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.
2.7. 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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2.8. 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: 3 (2024: 5)
3 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2024 59,000
As at 31 August 2025 59,000
Amortisation
As at 1 September 2024 50,360
Provided during the period 4,320
As at 31 August 2025 54,680
Net Book Value
As at 31 August 2025 4,320
As at 1 September 2024 8,640
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5. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 5,020 113,315 28,600 59,477
Additions - 2,021 - 299
Disposals - - (28,600 ) -
As at 31 August 2025 5,020 115,336 - 59,776
Depreciation
As at 1 September 2024 5,020 94,141 19,551 47,041
Provided during the period - 3,226 - 1,862
Disposals - - (19,551 ) -
As at 31 August 2025 5,020 97,367 - 48,903
Net Book Value
As at 31 August 2025 - 17,969 - 10,873
As at 1 September 2024 - 19,174 9,049 12,436
Computer Equipment Total
£ £
Cost
As at 1 September 2024 6,337 212,749
Additions 1,106 3,426
Disposals - (28,600 )
As at 31 August 2025 7,443 187,575
Depreciation
As at 1 September 2024 5,495 171,248
Provided during the period 421 5,509
Disposals - (19,551 )
As at 31 August 2025 5,916 157,206
Net Book Value
As at 31 August 2025 1,527 30,369
As at 1 September 2024 842 41,501
6. Stocks
2025 2024
£ £
Stock 500 500
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7. Debtors
2025 2024
£ £
Due within one year
Other debtors 8,725 34,119
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 3,115
Trade creditors 10,834 10,986
Bank loans and overdrafts 3,563 -
Other creditors 112,902 6,605
Taxation and social security 42,549 33,930
169,848 54,636
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 3,061
Bank loans 13,659 20,785
Other loans - 15,600
13,659 39,446
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,115
Later than one year and not later than five years - 3,061
- 6,176
- 6,176
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
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