Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 08250751 Mr Charles Gibbons Miss Rachael Schreenan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08250751 2024-10-31 08250751 2025-10-31 08250751 2024-11-01 2025-10-31 08250751 frs-core:CurrentFinancialInstruments 2025-10-31 08250751 frs-core:ComputerEquipment 2025-10-31 08250751 frs-core:ComputerEquipment 2024-11-01 2025-10-31 08250751 frs-core:ComputerEquipment 2024-10-31 08250751 frs-core:RevaluationReserve 2024-11-01 2025-10-31 08250751 frs-core:RevaluationReserve 2024-10-31 08250751 frs-core:RevaluationReserve 2025-10-31 08250751 frs-core:ShareCapital 2025-10-31 08250751 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 08250751 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 08250751 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 08250751 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08250751 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 08250751 frs-bus:SmallEntities 2024-11-01 2025-10-31 08250751 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 08250751 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08250751 frs-bus:Director1 2024-11-01 2025-10-31 08250751 frs-bus:Director2 2024-11-01 2025-10-31 08250751 1 2024-11-01 2025-10-31 08250751 frs-countries:EnglandWales 2024-11-01 2025-10-31 08250751 2023-10-31 08250751 2024-10-31 08250751 2023-11-01 2024-10-31 08250751 frs-core:CurrentFinancialInstruments 2024-10-31 08250751 frs-core:RevaluationReserve 2024-10-31 08250751 frs-core:ShareCapital 2024-10-31 08250751 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08250751 1 2023-11-01 2024-10-31
Registered number: 08250751
M.C. Beaton Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
15D High Street
Lydney
Gloucestershire
GL15 5DP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08250751
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,567 11,959
9,567 11,959
CURRENT ASSETS
Debtors 5 228 336
Investments 6 2,747,531 1,835,407
Cash at bank and in hand 419,897 1,050,740
3,167,656 2,886,483
Creditors: Amounts Falling Due Within One Year 7 (128,589 ) (257,413 )
NET CURRENT ASSETS (LIABILITIES) 3,039,067 2,629,070
TOTAL ASSETS LESS CURRENT LIABILITIES 3,048,634 2,641,029
NET ASSETS 3,048,634 2,641,029
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 10 759,807 170,456
Profit and Loss Account 2,288,727 2,470,473
SHAREHOLDERS' FUNDS 3,048,634 2,641,029
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 Charles Gibbons
Director
30/07/2026
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
M.C. Beaton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08250751 . The registered office is 2 Winterbrook Road, London, SE24 9JA.
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. 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:
Computer Equipment 20% Reducing Balance
2.4. 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 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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:
2025 2024
Office and administration 1 1
Director 1 1
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2024 18,368
As at 31 October 2025 18,368
Depreciation
As at 1 November 2024 6,409
Provided during the period 2,392
As at 31 October 2025 8,801
Net Book Value
As at 31 October 2025 9,567
As at 1 November 2024 11,959
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 228 336
6. Current Asset Investments
2025 2024
£ £
Listed investments 2,747,531 1,835,407
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 115,235 240,144
Other taxes and social security 580 2,319
VAT 10,551 11,068
Accruals and deferred income 1,639 3,558
Directors' loan accounts 584 324
128,589 257,413
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 560,000 1,170,000
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 November 2024 170,456 2,470,473
Profit for year - 378,254
Surplus on revaluation 589,351 -
Other comprehensive income for the year 589,351 -
Total comprehensive income for the year 589,351 378,254
Dividends paid - (560,000)
As at 31 October 2025 759,807 2,288,727
Page 5