Acorah Software Products - Accounts Production 19.3.550 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 05375621 Mr Ebrahim Bhattay Mr Suleman Bhattay Mr Yusuf Bhattay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05375621 2025-03-31 05375621 2026-03-31 05375621 2025-04-01 2026-03-31 05375621 frs-core:CurrentFinancialInstruments 2026-03-31 05375621 frs-core:FurnitureFittings 2025-04-01 2026-03-31 05375621 frs-core:NetGoodwill 2026-03-31 05375621 frs-core:NetGoodwill 2025-04-01 2026-03-31 05375621 frs-core:NetGoodwill 2025-03-31 05375621 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 05375621 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 05375621 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 05375621 frs-core:MotorVehicles 2026-03-31 05375621 frs-core:MotorVehicles 2025-04-01 2026-03-31 05375621 frs-core:MotorVehicles 2025-03-31 05375621 frs-core:PlantMachinery 2026-03-31 05375621 frs-core:PlantMachinery 2025-04-01 2026-03-31 05375621 frs-core:PlantMachinery 2025-03-31 05375621 frs-core:ShareCapital 2026-03-31 05375621 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 05375621 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 05375621 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 05375621 frs-bus:SmallEntities 2025-04-01 2026-03-31 05375621 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 05375621 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 05375621 frs-bus:Director1 2025-04-01 2026-03-31 05375621 frs-bus:Director2 2025-04-01 2026-03-31 05375621 frs-bus:Director3 2025-04-01 2026-03-31 05375621 frs-countries:EnglandWales 2025-04-01 2026-03-31 05375621 2024-03-31 05375621 2025-03-31 05375621 2024-04-01 2025-03-31 05375621 frs-core:CurrentFinancialInstruments 2025-03-31 05375621 frs-core:ShareCapital 2025-03-31 05375621 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 05375621
Mibsons (West Bromwich) Limited
Financial Statements
For The Year Ended 31 March 2026
Mibsons Limited
Chartered Certified Accountants
51 Coopers Road
Handsworth Wood
Birmingham
B20 2JU
Mibsons (West Bromwich) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Mibsons (West Bromwich) Limited
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 05375621

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 1,536,274 |  | 1,531,029
|  |  | 1,536,274 |  | 1,531,029
CURRENT ASSETS
Stocks | 6 | 267,913 |  | 226,937 |
Debtors | 7 | 152,930 |  | 149,641 |
Cash at bank and in hand |  | 1,599,852 |  | 1,145,215 |
|  | 2,020,695 |  | 1,521,793 |
Creditors: Amounts Falling Due Within One Year | 8 | (580,386 ) |  | (571,392 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,440,309 |  | 950,401
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,976,583 |  | 2,481,430
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | - |  | (1,062 )
NET ASSETS |  |  | 2,976,583 |  | 2,480,368
CAPITAL AND RESERVES
Called up share capital | 9 |  | 6 |  | 6
Profit and Loss Account |  |  | 2,976,577 |  | 2,480,362
SHAREHOLDERS' FUNDS |  |  | 2,976,583 |  | 2,480,368

Page 1
Page 2
Mibsons (West Bromwich) Limited
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 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 Ebrahim Bhattay Director
23rd June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Mibsons (West Bromwich) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Mibsons (West Bromwich) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05375621 . The registered office is 180 Birmingham Road, West Bromwich, West Midlands, B70 6QG.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:

Freehold | 0
Plant & Machinery | 20
Motor Vehicles | 25
Fixtures & Fittings | 20

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.
2.6. Taxation
Corporaton 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 year 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2026 |  | 2025
--- | --- | --- | ---
Office and administration | 5 |  | 5
Sales, marketing and distribution | 23 |  | 23
| 28 |  | 28

Page 3
Page 4
Mibsons (West Bromwich) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2025 | 300,000
As at 31 March 2026 | 300,000
Amortisation
As at 1 April 2025 | 300,000
As at 31 March 2026 | 300,000
Net Book Value
As at 31 March 2026 | -
As at 1 April 2025 | -

5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £
Cost
As at 1 April 2025 | 1,526,786 | 213,248 | - | 1,740,034
Additions | - | - | 12,650 | 12,650
As at 31 March 2026 | 1,526,786 | 213,248 | 12,650 | 1,752,684
Depreciation
As at 1 April 2025 | - | 209,005 | - | 209,005
Provided during the period | - | 4,243 | 3,162 | 7,405
As at 31 March 2026 | - | 213,248 | 3,162 | 216,410
Net Book Value
As at 31 March 2026 | 1,526,786 | - | 9,488 | 1,536,274
As at 1 April 2025 | 1,526,786 | 4,243 | - | 1,531,029

6. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Finished goods | 267,913 |  | 226,937

Page 4
Page 5
Mibsons (West Bromwich) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
7. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 70,145 |  | 37,752
Other debtors | 82,785 |  | 111,889
| 152,930 |  | 149,641

8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 276,058 |  | 232,999
Corporation tax | 163,304 |  | 160,779
Other taxes and social security | 61,161 |  | 52,337
Other creditors | - |  | 11,688
Accruals and deferred income | 25,000 |  | 30,846
Directors' loan accounts | 54,863 |  | 82,743
| 580,386 |  | 571,392

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 6 |  | 6

10. Related Party Transactions
Rent £90,000 (2025 : £74,500) was paid to the shareholders (including the directors) who jointly own a property from which the company trades.
Page 5