Acorah Software Products - Accounts Production 19.4.351 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 09167215 Mr M Rafiq Mr A Rashid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09167215 2025-01-31 09167215 2026-01-31 09167215 2025-02-01 2026-01-31 09167215 frs-core:CurrentFinancialInstruments 2026-01-31 09167215 frs-core:Non-currentFinancialInstruments 2026-01-31 09167215 frs-core:ComputerEquipment 2026-01-31 09167215 frs-core:ComputerEquipment 2025-02-01 2026-01-31 09167215 frs-core:ComputerEquipment 2025-01-31 09167215 frs-core:FurnitureFittings 2026-01-31 09167215 frs-core:FurnitureFittings 2025-02-01 2026-01-31 09167215 frs-core:FurnitureFittings 2025-01-31 09167215 frs-core:NetGoodwill 2026-01-31 09167215 frs-core:NetGoodwill 2025-02-01 2026-01-31 09167215 frs-core:NetGoodwill 2025-01-31 09167215 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-01-31 09167215 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-01 2026-01-31 09167215 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 09167215 frs-core:MotorVehicles 2026-01-31 09167215 frs-core:MotorVehicles 2025-02-01 2026-01-31 09167215 frs-core:MotorVehicles 2025-01-31 09167215 frs-core:ShareCapital 2026-01-31 09167215 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 09167215 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 09167215 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 09167215 frs-bus:SmallEntities 2025-02-01 2026-01-31 09167215 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 09167215 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 09167215 frs-bus:Director1 2025-02-01 2026-01-31 09167215 frs-bus:Director2 2025-02-01 2026-01-31 09167215 frs-countries:EnglandWales 2025-02-01 2026-01-31 09167215 2024-01-31 09167215 2025-01-31 09167215 2024-02-01 2025-01-31 09167215 frs-core:CurrentFinancialInstruments 2025-01-31 09167215 frs-core:Non-currentFinancialInstruments 2025-01-31 09167215 frs-core:ShareCapital 2025-01-31 09167215 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 09167215
Mount Valley Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Agnitio Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09167215
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,000 14,000
Tangible Assets 5 57,481 52,853
64,481 66,853
CURRENT ASSETS
Stocks 6 151,727 151,820
Cash at bank and in hand 1,341 1,671
153,068 153,491
Creditors: Amounts Falling Due Within One Year 7 (125,137 ) (144,630 )
NET CURRENT ASSETS (LIABILITIES) 27,931 8,861
TOTAL ASSETS LESS CURRENT LIABILITIES 92,412 75,714
Creditors: Amounts Falling Due After More Than One Year 8 (24,864 ) (30,293 )
NET ASSETS 67,548 45,421
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 67,448 45,321
SHAREHOLDERS' FUNDS 67,548 45,421
Page 1
Page 2
For the year ending 31 January 2026 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 A Rashid
Director
14/10/2026
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
Mount Valley Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09167215 . The registered office is 34-38 Commercial Street, Mountain Ash, CF45 3PW.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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 2% SL
Motor Vehicles 20% SL
Fixtures & Fittings 15% SL
Computer Equipment 33% SL
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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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: 8 (2025: 9)
8 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2025 70,000
As at 31 January 2026 70,000
Amortisation
As at 1 February 2025 56,000
Provided during the period 7,000
As at 31 January 2026 63,000
Net Book Value
As at 31 January 2026 7,000
As at 1 February 2025 14,000
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 45,000 52,750 50,029 218 147,997
Additions - - 12,251 - 12,251
As at 31 January 2026 45,000 52,750 62,280 218 160,248
Depreciation
As at 1 February 2025 7,200 51,350 36,375 219 95,144
Provided during the period 900 1,400 5,323 - 7,623
As at 31 January 2026 8,100 52,750 41,698 219 102,767
Net Book Value
As at 31 January 2026 36,900 - 20,582 (1 ) 57,481
As at 1 February 2025 37,800 1,400 13,654 (1 ) 52,853
Page 4
Page 5
6. Stocks
2026 2025
£ £
Finished goods 151,727 151,820
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - 5,376
Bank loans and overdrafts 12,987 20,529
Corporation tax 7,572 8,564
Other taxes and social security 548 311
VAT 2,562 5,834
Pension Payable 120 25
Accruals and deferred income 4,855 5,307
Directors' loan accounts 96,493 98,684
125,137 144,630
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bounce back loan 24,864 30,293
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 5