Acorah Software Products - Accounts Production 19.2.450 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08270644 Mr Alan Welton Mrs Susan Welton Mrs Susan Welton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08270644 2024-03-31 08270644 2025-03-31 08270644 2024-04-01 2025-03-31 08270644 frs-core:CurrentFinancialInstruments 2025-03-31 08270644 frs-core:Non-currentFinancialInstruments 2025-03-31 08270644 frs-core:BetweenOneFiveYears 2025-03-31 08270644 frs-core:ComputerEquipment 2025-03-31 08270644 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08270644 frs-core:ComputerEquipment 2024-03-31 08270644 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 08270644 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 08270644 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08270644 frs-core:MoreThanFiveYears 2025-03-31 08270644 frs-core:PlantMachinery 2025-03-31 08270644 frs-core:PlantMachinery 2024-04-01 2025-03-31 08270644 frs-core:PlantMachinery 2024-03-31 08270644 frs-core:WithinOneYear 2025-03-31 08270644 frs-core:CapitalRedemptionReserve 2025-03-31 08270644 frs-core:ShareCapital 2025-03-31 08270644 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08270644 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08270644 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08270644 frs-bus:SmallEntities 2024-04-01 2025-03-31 08270644 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08270644 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08270644 frs-bus:Director1 2024-04-01 2025-03-31 08270644 frs-bus:Director2 2024-04-01 2025-03-31 08270644 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 08270644 frs-countries:EnglandWales 2024-04-01 2025-03-31 08270644 2023-03-31 08270644 2024-03-31 08270644 2023-04-01 2024-03-31 08270644 frs-core:CurrentFinancialInstruments 2024-03-31 08270644 frs-core:Non-currentFinancialInstruments 2024-03-31 08270644 frs-core:BetweenOneFiveYears 2024-03-31 08270644 frs-core:MoreThanFiveYears 2024-03-31 08270644 frs-core:WithinOneYear 2024-03-31 08270644 frs-core:CapitalRedemptionReserve 2024-03-31 08270644 frs-core:ShareCapital 2024-03-31 08270644 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08270644
Marine Testing Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08270644
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 86,749 52,867
86,749 52,867
CURRENT ASSETS
Stocks 5 155,598 136,298
Debtors 6 115,307 86,734
Cash at bank and in hand 168 8,731
271,073 231,763
Creditors: Amounts Falling Due Within One Year 7 (217,059 ) (223,847 )
NET CURRENT ASSETS (LIABILITIES) 54,014 7,916
TOTAL ASSETS LESS CURRENT LIABILITIES 140,763 60,783
Creditors: Amounts Falling Due After More Than One Year 8 (62,452 ) (92,192 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,888 ) -
NET ASSETS/(LIABILITIES) 63,423 (31,409 )
CAPITAL AND RESERVES
Called up share capital 9 95 95
Capital redemption reserve 5 5
Profit and Loss Account 63,323 (31,509 )
SHAREHOLDERS' FUNDS 63,423 (31,409)
Page 1
Page 2
For the year ending 31 March 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 Alan Welton
Director
22/06/2026
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
Marine Testing Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08270644 . The registered office is 7 Barwick Close, Rustington, Littlehampton, West Sussex, BN16 3TT.
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. 
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:
Leasehold 10% straight line
Plant & Machinery 25% reducing balance
Computer Equipment 25% 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. 
2.5. 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.
2.6. 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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 23,245 52,858 15,903 92,006
Additions 4,907 49,026 4,011 57,944
As at 31 March 2025 28,152 101,884 19,914 149,950
Depreciation
As at 1 April 2024 2,324 28,557 8,258 39,139
Provided during the period 2,816 18,332 2,914 24,062
As at 31 March 2025 5,140 46,889 11,172 63,201
Net Book Value
As at 31 March 2025 23,012 54,995 8,742 86,749
As at 1 April 2024 20,921 24,301 7,645 52,867
5. Stocks
2025 2024
£ £
Stock 155,598 136,298
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 75,723 36,912
Other debtors 39,584 49,822
115,307 86,734
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 65,070 71,158
Bank loans and overdrafts 10,328 10,222
Other loans 40,610 69,984
Other creditors 55,350 59,667
Taxation and social security 45,701 12,816
217,059 223,847
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 5,141 14,486
Other loans 57,311 77,706
62,452 92,192
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 95 95
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 54,600 54,600
Later than one year and not later than five years 218,400 218,400
Later than five years 209,300 263,900
482,300 536,900
11. Directors Advances, Credits and Guarantees
At 31 March 2024 the directors owed the company £10,486, this has been fully repaid in this year.
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