Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 4611111 Mr MARK BOSNELL Mrs JACQUELINE BOSNELL Mr MARK BOSNELL iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 4611111 2024-12-31 4611111 2025-12-31 4611111 2025-01-01 2025-12-31 4611111 frs-core:CurrentFinancialInstruments 2025-12-31 4611111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 4611111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 4611111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 4611111 frs-core:PlantMachinery 2025-12-31 4611111 frs-core:PlantMachinery 2025-01-01 2025-12-31 4611111 frs-core:PlantMachinery 2024-12-31 4611111 frs-core:ShareCapital 2025-12-31 4611111 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 4611111 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 4611111 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 4611111 frs-bus:SmallEntities 2025-01-01 2025-12-31 4611111 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 4611111 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 4611111 frs-bus:Director1 2025-01-01 2025-12-31 4611111 frs-bus:Director2 2025-01-01 2025-12-31 4611111 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 4611111 frs-countries:EnglandWales 2025-01-01 2025-12-31 4611111 2023-12-31 4611111 2024-12-31 4611111 2024-01-01 2024-12-31 4611111 frs-core:CurrentFinancialInstruments 2024-12-31 4611111 frs-core:ShareCapital 2024-12-31 4611111 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 4611111
M B ELECTRICAL SERVICES (LINCOLN) LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2025
FOSDYKE ACCOUNTANCY SERVICES LIMITED
8 CHERRY ROAD
GOSBERTON
SPALDING
LINCS
PE11 4GX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 4611111
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 182,449 182,038
182,449 182,038
CURRENT ASSETS
Stocks 5 86,400 52,950
Debtors 6 120,501 163,734
Cash at bank and in hand 396,177 413,023
603,078 629,707
Creditors: Amounts Falling Due Within One Year 7 (74,775 ) (97,667 )
NET CURRENT ASSETS (LIABILITIES) 528,303 532,040
TOTAL ASSETS LESS CURRENT LIABILITIES 710,752 714,078
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,045 ) (15,942 )
NET ASSETS 694,707 698,136
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 694,607 698,036
SHAREHOLDERS' FUNDS 694,707 698,136
Page 1
Page 2
For the year ending 31 December 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 MARK BOSNELL
Director
27/08/2026
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 B ELECTRICAL SERVICES (LINCOLN) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 4611111 . The registered office is UNIT 12, LINCOLN ENTERPRISE PARK , LINCOLN, LINCS, LN5 9EJ.
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:
Freehold 0%
Plant & Machinery 15/25%
2.4. 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.
2.5. 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.
...CONTINUED
Page 3
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2.5. Taxation - continued
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: 12 (2024: 12)
12 12
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2025 118,270 169,358 287,628
Additions - 27,186 27,186
Disposals - (19,260 ) (19,260 )
As at 31 December 2025 118,270 177,284 295,554
Depreciation
As at 1 January 2025 - 105,590 105,590
Provided during the period - 20,089 20,089
Disposals - (12,574 ) (12,574 )
As at 31 December 2025 - 113,105 113,105
Net Book Value
As at 31 December 2025 118,270 64,179 182,449
As at 1 January 2025 118,270 63,768 182,038
5. Stocks
2025 2024
£ £
Stock 86,400 52,950
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 119,588 163,734
Other debtors 913 -
120,501 163,734
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,616 21,867
Corporation tax 19,770 29,043
Other taxes and social security 25,849 40,738
Other creditors 8,540 6,019
74,775 97,667
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5