Acorah Software Products - Accounts Production 19.4.300 false true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 SC323875 Mr C Deeney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC323875 2025-06-30 SC323875 2026-06-30 SC323875 2025-07-01 2026-06-30 SC323875 frs-core:CurrentFinancialInstruments 2026-06-30 SC323875 frs-core:Non-currentFinancialInstruments 2026-06-30 SC323875 frs-core:BetweenOneFiveYears 2026-06-30 SC323875 frs-core:ComputerEquipment 2026-06-30 SC323875 frs-core:ComputerEquipment 2025-07-01 2026-06-30 SC323875 frs-core:ComputerEquipment 2025-06-30 SC323875 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-07-01 2026-06-30 SC323875 frs-core:FurnitureFittings 2026-06-30 SC323875 frs-core:FurnitureFittings 2025-07-01 2026-06-30 SC323875 frs-core:FurnitureFittings 2025-06-30 SC323875 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-06-30 SC323875 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-07-01 2026-06-30 SC323875 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-30 SC323875 frs-core:MotorVehicles 2026-06-30 SC323875 frs-core:MotorVehicles 2025-07-01 2026-06-30 SC323875 frs-core:MotorVehicles 2025-06-30 SC323875 frs-core:OtherResidualIntangibleAssets 2026-06-30 SC323875 frs-core:OtherResidualIntangibleAssets 2025-06-30 SC323875 frs-core:WithinOneYear 2026-06-30 SC323875 frs-core:ShareCapital 2026-06-30 SC323875 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 SC323875 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 SC323875 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 SC323875 frs-bus:SmallEntities 2025-07-01 2026-06-30 SC323875 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 SC323875 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 SC323875 frs-bus:Director1 2025-07-01 2026-06-30 SC323875 frs-countries:Scotland 2025-07-01 2026-06-30 SC323875 2024-06-30 SC323875 2025-06-30 SC323875 2024-07-01 2025-06-30 SC323875 frs-core:CurrentFinancialInstruments 2025-06-30 SC323875 frs-core:Non-currentFinancialInstruments 2025-06-30 SC323875 frs-core:BetweenOneFiveYears 2025-06-30 SC323875 frs-core:WithinOneYear 2025-06-30 SC323875 frs-core:ShareCapital 2025-06-30 SC323875 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: SC323875
Md Electrical Contractors Ltd.
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC323875
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 52,598 52,598
Tangible Assets 5 923,203 843,897
975,801 896,495
CURRENT ASSETS
Stocks 6 141,608 67,205
Debtors 7 753,831 851,983
Cash at bank and in hand 112,432 75,033
1,007,871 994,221
Creditors: Amounts Falling Due Within One Year 8 (636,452 ) (665,714 )
NET CURRENT ASSETS (LIABILITIES) 371,419 328,507
TOTAL ASSETS LESS CURRENT LIABILITIES 1,347,220 1,225,002
Creditors: Amounts Falling Due After More Than One Year 9 (311,132 ) (289,007 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (209,248 ) (181,627 )
NET ASSETS 826,840 754,368
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 826,740 754,268
SHAREHOLDERS' FUNDS 826,840 754,368
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For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 C Deeney
Director
28/08/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Md Electrical Contractors Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC323875 . The registered office is 40 Milton Road, East Kilbride, G74 5BU.
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. Intangible Fixed Assets and Amortisation - Other Intangible
The company's acquired brand names are classified as intangible assets with an indefinite useful life. These assets are not subject to systematic amortisation. Management has concluded that there is no foreseeable limit to the period over which these brands are expected to generate net cash inflows for the entity. 
In accordance with FRS 102 Section 18 and Section 27, these assets are tested for impairment annually, or more frequently if indicators arise.
The carrying amount of intangible assets with an indefinite useful life at the reporting date is £52,598 (2025: £52,598). No impairment losses were recognised during the financial period (2025: £Nil)
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:
Leasehold 20% SLM
Motor Vehicles 25% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
2.5. 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.
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2.6. 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2025: 36)
39 36
4. Intangible Assets
Other
£
Cost
As at 1 July 2025 52,598
As at 30 June 2026 52,598
Net Book Value
As at 30 June 2026 52,598
As at 1 July 2025 52,598
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5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2025 440,533 630,058 18,734 42,588 1,131,913
Additions 49,277 239,471 12,880 10,373 312,001
Disposals - (37,112 ) (1,500 ) (6,453 ) (45,065 )
As at 30 June 2026 489,810 832,417 30,114 46,508 1,398,849
Depreciation
As at 1 July 2025 14,780 255,537 6,862 10,837 288,016
Provided during the period 95,890 118,074 3,414 5,873 223,251
Disposals - (30,277 ) (1,103 ) (4,241 ) (35,621 )
As at 30 June 2026 110,670 343,334 9,173 12,469 475,646
Net Book Value
As at 30 June 2026 379,140 489,083 20,941 34,039 923,203
As at 1 July 2025 425,753 374,521 11,872 31,751 843,897
6. Stocks
2026 2025
£ £
Stock 15,000 15,000
Work in progress 126,608 52,205
141,608 67,205
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 630,234 661,947
Other debtors 123,597 190,036
753,831 851,983
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 118,672 69,497
Trade creditors 308,817 279,388
Bank loans and overdrafts 28,168 41,845
Other creditors 88,864 198,945
Taxation and social security 91,931 76,039
636,452 665,714
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9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 298,994 248,741
Bank loans 12,138 40,266
311,132 289,007
10. Secured Creditors
Of the creditors the following amounts are secured.
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 417,666 318,238
11. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 118,672 69,497
Later than one year and not later than five years 298,994 248,741
417,666 318,238
417,666 318,238
12. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
13. Related Party Transactions
At the balance sheet date, SOFCAL Holdings Limited, a company under the common control of Mr Christopher Deeney, owed the company £2,812.10 (2025: £122,316.50). The loan is unsecured, interest-free, and has no fixed date for repayment.
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