Acorah Software Products - Accounts Production 19.4.351 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 06261698 Mr Stephen Hargreaves Mrs Emma Hustler Mr Edward Hargreaves Mr William Hargreaves Mrs Emma Hustler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06261698 2024-10-31 06261698 2025-10-31 06261698 2024-11-01 2025-10-31 06261698 frs-core:CurrentFinancialInstruments 2025-10-31 06261698 frs-core:Non-currentFinancialInstruments 2025-10-31 06261698 frs-core:ComputerEquipment 2025-10-31 06261698 frs-core:ComputerEquipment 2024-11-01 2025-10-31 06261698 frs-core:ComputerEquipment 2024-10-31 06261698 frs-core:FurnitureFittings 2025-10-31 06261698 frs-core:FurnitureFittings 2024-11-01 2025-10-31 06261698 frs-core:FurnitureFittings 2024-10-31 06261698 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 06261698 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 06261698 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 06261698 frs-core:MotorVehicles 2025-10-31 06261698 frs-core:MotorVehicles 2024-11-01 2025-10-31 06261698 frs-core:MotorVehicles 2024-10-31 06261698 frs-core:PlantMachinery 2025-10-31 06261698 frs-core:PlantMachinery 2024-11-01 2025-10-31 06261698 frs-core:PlantMachinery 2024-10-31 06261698 frs-core:ShareCapital 2025-10-31 06261698 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 06261698 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 06261698 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 06261698 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 06261698 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 06261698 frs-bus:SmallEntities 2024-11-01 2025-10-31 06261698 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 06261698 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 06261698 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-10-31 06261698 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-10-31 06261698 frs-bus:Director1 2024-11-01 2025-10-31 06261698 frs-bus:Director1 2024-10-31 06261698 frs-bus:Director1 2025-10-31 06261698 frs-bus:Director2 2024-11-01 2025-10-31 06261698 frs-bus:Director2 2024-10-31 06261698 frs-bus:Director2 2025-10-31 06261698 frs-bus:Director3 2024-11-01 2025-10-31 06261698 frs-bus:Director3 2024-10-31 06261698 frs-bus:Director3 2025-10-31 06261698 frs-bus:Director4 2024-11-01 2025-10-31 06261698 frs-bus:Director4 2024-10-31 06261698 frs-bus:Director4 2025-10-31 06261698 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 06261698 frs-countries:EnglandWales 2024-11-01 2025-10-31 06261698 2023-10-31 06261698 2024-10-31 06261698 2023-11-01 2024-10-31 06261698 frs-core:CurrentFinancialInstruments 2024-10-31 06261698 frs-core:Non-currentFinancialInstruments 2024-10-31 06261698 frs-core:MotorVehicles 2023-11-01 2024-10-31 06261698 frs-core:PlantMachinery 2023-11-01 2024-10-31 06261698 frs-core:ShareCapital 2024-10-31 06261698 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06261698 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-10-31
Registered number: 06261698
MLC (York) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06261698
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,597,881 329,421
1,597,881 329,421
CURRENT ASSETS
Stocks 5 266,191 179,741
Debtors 6 1,030,655 1,375,623
Cash at bank and in hand 219,340 542,376
1,516,186 2,097,740
Creditors: Amounts Falling Due Within One Year 7 (2,043,893 ) (1,897,412 )
NET CURRENT ASSETS (LIABILITIES) (527,707 ) 200,328
TOTAL ASSETS LESS CURRENT LIABILITIES 1,070,174 529,749
Creditors: Amounts Falling Due After More Than One Year 8 (818,073 ) (156,520 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (84,410 ) (16,900 )
NET ASSETS 167,691 356,329
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Fair value reserve 11 158,276 -
Profit and Loss Account 8,415 355,329
SHAREHOLDERS' FUNDS 167,691 356,329
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
Mrs Emma Hustler
Director
21/10/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MLC (York) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06261698 . The registered office is Strategic Command Rufforth Airfield West, Rufforth, York, YO23 3NA.
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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Office Equipment 20% 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 are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
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Page 4
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.
2.7. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 10)
10 10
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 November 2024 - 25,085 542,010 8,763
Additions 1,091,724 53,419 103,092 12,609
Disposals - - (87,900 ) -
Revaluation 158,276 - - -
As at 31 October 2025 1,250,000 78,504 557,202 21,372
Depreciation
As at 1 November 2024 - 9,021 238,451 4,785
Provided during the period - 9,378 90,801 1,498
Disposals - - (31,157 ) -
As at 31 October 2025 - 18,399 298,095 6,283
Net Book Value
As at 31 October 2025 1,250,000 60,105 259,107 15,089
As at 1 November 2024 - 16,064 303,559 3,978
Page 4
Page 5
Office Equipment Total
£ £
Cost or Valuation
As at 1 November 2024 11,363 587,221
Additions 10,093 1,270,937
Disposals - (87,900 )
Revaluation - 158,276
As at 31 October 2025 21,456 1,928,534
Depreciation
As at 1 November 2024 5,543 257,800
Provided during the period 2,333 104,010
Disposals - (31,157 )
As at 31 October 2025 7,876 330,653
Net Book Value
As at 31 October 2025 13,580 1,597,881
As at 1 November 2024 5,820 329,421
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows, depreciation charge for the year in respect of leased assets is £60,397 (2024: £47,624)
2025 2024
£ £
Plant & Machinery 23,276 -
Motor Vehicles 145,495 202,176
168,771 202,176
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Land & Property
Freehold
£
Cost 1,091,724
Accumulated depreciation and impairment 10,917
Carrying amount 1,080,807
5. Stocks
2025 2024
£ £
Work in progress 266,191 179,741
Page 5
Page 6
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 404,954 902,358
Other debtors 416,444 305,722
821,398 1,208,080
Due after more than one year
Other debtors 209,257 167,543
1,030,655 1,375,623
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 70,877 40,839
Trade creditors 1,136,839 760,817
Bank loans and overdrafts 50,457 5,264
Other creditors 462,830 677,455
Taxation and social security 322,890 413,037
2,043,893 1,897,412
Amounts included within bank loans to the value of £5,237 (2024: £5,237) are secured by the UK Government
under the Bounce Back Loan Scheme.
Amounts included within Net obligations under finance lease and hire purchase contracts are amounts due on hire purchase agreements of £70,877 (2024 - £40,839) which are secured against the assets on which they relate.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 138,564 132,079
Bank loans 679,509 24,441
818,073 156,520
Amounts included within bank loans to the value of £19,203 (2024: £24,441) are secured by the UK Government
under the Bounce Back Loan Scheme.
Amounts included within Net obligations under finance lease and hire purchase contracts are amounts due on hire purchase agreements of £138,564 (2024 - £132,079) which are secured against the assets on which they relate.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
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10. Directors Advances, Credits and Guarantees
Advances or credits have been granted by the company to its directors as follows:
As at 1 November 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr Stephen Hargreaves (67,572 ) (119,898 ) 187,470 - -
Mrs Emma Hustler (7,997 ) (109,720 ) 117,717 - -
Mr Edward Hargreaves 56,448 (140,767 ) 127,418 - 43,098
Mr William Hargreaves (40,117 ) (125,513 ) 226,951 - 61,321
Mr Jack Hargreaves (22,028) (33,972) 56,000 - -
11. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 November 2024 - 355,329
Profit for the year and total comprehensive income - 102,286
Dividends paid - (449,200)
Movements in fair value reserve 158,276 -
As at 31 October 2025 158,276 8,415
12. Non-distributable profits reserve
Included within retained earnings are unrealised gains of £158,276 which relate to cumulative fair value gains made on land and property, net of deferred tax provided thereon.
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