| MUNRO'S ELECTRON BEAM SOFTWARE LTD |
| Registered number: |
02633393 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
23,769 |
|
|
10,967 |
|
| Current assets |
| Debtors |
4 |
|
33,406 |
|
|
90,123 |
| Cash at bank and in hand |
|
|
4,554,611 |
|
|
4,005,019 |
|
|
|
4,588,017 |
|
|
4,095,142 |
|
| Creditors: amounts falling due within one year |
5 |
|
(252,540) |
|
|
(178,260) |
|
| Net current assets |
|
|
|
4,335,477 |
|
|
3,916,882 |
|
| Total assets less current liabilities |
|
|
|
4,359,246 |
|
|
3,927,849 |
|
|
| Provisions for liabilities |
| Deferred taxation |
|
|
|
(5,903) |
|
|
(2,694) |
|
| Net assets |
|
|
|
4,353,343 |
|
|
3,925,155 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,400 |
|
|
1,400 |
| Profit and loss account |
|
|
|
4,351,943 |
|
|
3,923,755 |
|
| Shareholders' funds |
|
|
|
4,353,343 |
|
|
3,925,155 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| John Rouse |
| Director |
| Approved by the board on 6 July 2026 |
|
| MUNRO'S ELECTRON BEAM SOFTWARE LTD |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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 software licences , maintenance and support services. |
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and Equipment |
over 5 years |
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. All differences are charged to profit or loss. |
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
6 |
|
7 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and Equipment |
| £ |
|
Cost |
|
At 1 November 2024 |
58,642 |
|
Additions |
20,725 |
|
At 31 October 2025 |
79,367 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
47,675 |
|
Charge for the year |
7,923 |
|
At 31 October 2025 |
55,598 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
23,769 |
|
At 31 October 2024 |
10,967 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
33,239 |
|
89,197 |
|
Other debtors |
167 |
|
926 |
|
|
|
|
|
|
33,406 |
|
90,123 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
240,304 |
|
161,118 |
|
Other creditors |
12,236 |
|
17,142 |
|
|
|
|
|
|
252,540 |
|
178,260 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
MUNRO'S ELECTRON BEAM SOFTWARE LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
14 Cornwall Gardens |
|
London |
|
SW7 4AN |