Acorah Software Products - Accounts Production 19.4.351 false true true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 SC731133 Mr Martin Wishart Mrs Cecile Wishart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC731133 2025-06-30 SC731133 2026-06-30 SC731133 2025-07-01 2026-06-30 SC731133 frs-core:CurrentFinancialInstruments 2026-06-30 SC731133 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-06-30 SC731133 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-01 2026-06-30 SC731133 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 SC731133 frs-core:ShareCapital 2026-06-30 SC731133 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 SC731133 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 SC731133 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 SC731133 frs-bus:SmallEntities 2025-07-01 2026-06-30 SC731133 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 SC731133 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 SC731133 frs-bus:Director1 2025-07-01 2026-06-30 SC731133 frs-bus:Director2 2025-07-01 2026-06-30 SC731133 frs-countries:Scotland 2025-07-01 2026-06-30 SC731133 2024-06-30 SC731133 2025-06-30 SC731133 2024-07-01 2025-06-30 SC731133 frs-core:CurrentFinancialInstruments 2025-06-30 SC731133 frs-core:ShareCapital 2025-06-30 SC731133 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: SC731133
M&C W Lettings Ltd.
Unaudited Financial Statements
For The Year Ended 30 June 2026
One Accounting Ltd
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC731133
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 216,250 216,250
216,250 216,250
CURRENT ASSETS
Debtors 5 2,369 -
Cash at bank and in hand 9,276 3,660
11,645 3,660
Creditors: Amounts Falling Due Within One Year 6 (228,240 ) (228,031 )
NET CURRENT ASSETS (LIABILITIES) (216,595 ) (224,371 )
TOTAL ASSETS LESS CURRENT LIABILITIES (345 ) (8,121 )
NET LIABILITIES (345 ) (8,121 )
CAPITAL AND RESERVES
Called up share capital 7 50 50
Income Statement (395 ) (8,171 )
SHAREHOLDERS' FUNDS (345) (8,121)
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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 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 Income Statement.
On behalf of the board
Mr Martin Wishart
Director
Mrs Cecile Wishart
Director
23/10/2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
M&C W Lettings Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC731133 . The registered office is 54 The Shore, Edinburgh, EH6 6RA.
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. Going Concern Disclosure
The company has negative reserves at the year end. The company considers itself a going concern and relies on a loan from the parent company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is attributable to the company's principal activity of short term holiday letting
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:
Freehold nil
2.5. Financial Instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and payables, loans from banks and other third parties.
At the end of each reporting period, financial assets that are measured at cost are assessed for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in the Statement of Comprehensive Income.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 July 2025 216,250
As at 30 June 2026 216,250
Net Book Value
As at 30 June 2026 216,250
As at 1 July 2025 216,250
5. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 2,369 -
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Accruals and deferred income 3,240 1,800
Amounts owed to group undertakings 225,000 226,231
228,240 228,031
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 50 50
8. Related Party Transactions
At the year end M&C W Lettings Ltd is due its holding company, Martin Wishart Ltd, £225,000. These loans are interest free, unsecured and have no set repayment terms.
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