Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 NI673546 Mr Michael Cheung Ms Lai Fan Mak iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI673546 2024-10-31 NI673546 2025-10-31 NI673546 2024-11-01 2025-10-31 NI673546 frs-core:CurrentFinancialInstruments 2025-10-31 NI673546 frs-core:Non-currentFinancialInstruments 2025-10-31 NI673546 frs-core:BetweenOneFiveYears 2025-10-31 NI673546 frs-core:FurnitureFittings 2025-10-31 NI673546 frs-core:FurnitureFittings 2024-11-01 2025-10-31 NI673546 frs-core:FurnitureFittings 2024-10-31 NI673546 frs-core:MotorVehicles 2025-10-31 NI673546 frs-core:MotorVehicles 2024-11-01 2025-10-31 NI673546 frs-core:MotorVehicles 2024-10-31 NI673546 frs-core:WithinOneYear 2025-10-31 NI673546 frs-core:ShareCapital 2025-10-31 NI673546 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI673546 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 NI673546 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 NI673546 frs-bus:SmallEntities 2024-11-01 2025-10-31 NI673546 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 NI673546 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 NI673546 frs-bus:Director1 2024-11-01 2025-10-31 NI673546 frs-bus:Director2 2024-11-01 2025-10-31 NI673546 frs-countries:NorthernIreland 2024-11-01 2025-10-31 NI673546 2023-10-31 NI673546 2024-10-31 NI673546 2023-11-01 2024-10-31 NI673546 frs-core:CurrentFinancialInstruments 2024-10-31 NI673546 frs-core:Non-currentFinancialInstruments 2024-10-31 NI673546 frs-core:BetweenOneFiveYears 2024-10-31 NI673546 frs-core:WithinOneYear 2024-10-31 NI673546 frs-core:ShareCapital 2024-10-31 NI673546 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: NI673546
Mauds (Lisburn) Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
McCleary & Company Ltd.
Chartered Accountants and Registered Auditors
Garvey Studios
14 Longstone Street
Lisburn
Co. Antrim
BT28 1TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI673546
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 89,524 49,747
89,524 49,747
CURRENT ASSETS
Stocks 5 15,000 4,000
Debtors 6 11,985 10,216
Cash at bank and in hand 124,589 104,198
151,574 118,414
Creditors: Amounts Falling Due Within One Year 7 (134,018 ) (129,603 )
NET CURRENT ASSETS (LIABILITIES) 17,556 (11,189 )
TOTAL ASSETS LESS CURRENT LIABILITIES 107,080 38,558
Creditors: Amounts Falling Due After More Than One Year 8 (36,592 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,286 ) (3,144 )
NET ASSETS 60,202 35,414
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 60,200 35,412
SHAREHOLDERS' FUNDS 60,202 35,414
Page 1
Page 2
For the year ending 31 October 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 Cheung
Director
Ms Lai Fan Mak
Director
8 July 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
Mauds (Lisburn) Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI673546 . The registered office is 57 Longstone Street, Lisburn, BT28 1DD.
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:
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 15% Reducing balance
2.4. 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.
2.5. 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.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2024: 26)
24 26
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2024 - 81,544 81,544
Additions 46,570 5,794 52,364
As at 31 October 2025 46,570 87,338 133,908
Depreciation
As at 1 November 2024 - 31,797 31,797
Provided during the period 4,851 7,736 12,587
As at 31 October 2025 4,851 39,533 44,384
Net Book Value
As at 31 October 2025 41,719 47,805 89,524
As at 1 November 2024 - 49,747 49,747
5. Stocks
2025 2024
£ £
Stock 15,000 4,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 821 568
Other debtors 11,164 9,648
11,985 10,216
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,848 -
Trade creditors 19,146 20,901
Other creditors 68,537 63,936
Taxation and social security 40,487 44,766
134,018 129,603
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 36,592 -
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,848 -
Later than one year and not later than five years 36,592 -
42,440 -
42,440 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 5