Acorah Software Products - Accounts Production 16.6.950 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 03675984 Mr William Charter Miss Sarah Edgington iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03675984 2024-08-31 03675984 2025-08-31 03675984 2024-09-01 2025-08-31 03675984 frs-core:CurrentFinancialInstruments 2025-08-31 03675984 frs-core:Non-currentFinancialInstruments 2025-08-31 03675984 frs-core:BetweenOneFiveYears 2025-08-31 03675984 frs-core:ComputerEquipment 2025-08-31 03675984 frs-core:ComputerEquipment 2024-09-01 2025-08-31 03675984 frs-core:ComputerEquipment 2024-08-31 03675984 frs-core:FurnitureFittings 2024-09-01 2025-08-31 03675984 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-08-31 03675984 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-01 2025-08-31 03675984 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 03675984 frs-core:MotorVehicles 2025-08-31 03675984 frs-core:MotorVehicles 2024-09-01 2025-08-31 03675984 frs-core:MotorVehicles 2024-08-31 03675984 frs-core:PlantMachinery 2025-08-31 03675984 frs-core:PlantMachinery 2024-09-01 2025-08-31 03675984 frs-core:PlantMachinery 2024-08-31 03675984 frs-core:WithinOneYear 2025-08-31 03675984 frs-core:ShareCapital 2025-08-31 03675984 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 03675984 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 03675984 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 03675984 frs-bus:SmallEntities 2024-09-01 2025-08-31 03675984 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 03675984 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 03675984 frs-core:AcceleratedTaxDepreciationDeferredTax 2025-08-31 03675984 frs-bus:Director1 2024-09-01 2025-08-31 03675984 frs-bus:Director2 2024-09-01 2025-08-31 03675984 frs-countries:EnglandWales 2024-09-01 2025-08-31 03675984 2023-08-31 03675984 2024-08-31 03675984 2023-09-01 2024-08-31 03675984 frs-core:CurrentFinancialInstruments 2024-08-31 03675984 frs-core:Non-currentFinancialInstruments 2024-08-31 03675984 frs-core:BetweenOneFiveYears 2024-08-31 03675984 frs-core:WithinOneYear 2024-08-31 03675984 frs-core:ShareCapital 2024-08-31 03675984 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 03675984 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-08-31
Registered number: 03675984
C & M Servicing Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 03675984
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 416,401 155,496
416,401 155,496
CURRENT ASSETS
Stocks 5 23,111 23,111
Debtors 6 648,646 1,182,126
Cash at bank and in hand 630,102 176,920
1,301,859 1,382,157
Creditors: Amounts Falling Due Within One Year 7 (922,829 ) (1,191,589 )
NET CURRENT ASSETS (LIABILITIES) 379,030 190,568
TOTAL ASSETS LESS CURRENT LIABILITIES 795,431 346,064
Creditors: Amounts Falling Due After More Than One Year 8 (271,169 ) (55,633 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (132,504 ) (28,404 )
NET ASSETS 391,758 262,027
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 391,658 261,927
SHAREHOLDERS' FUNDS 391,758 262,027
Page 1
Page 2
For the year ending 31 August 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 William Charter
Director
07/11/2025
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
C & M Servicing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03675984 . The registered office is 3 Hansa Court, Lubeck Road, King's Lynn, Norfolk, PE30 2HN.
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:
Leasehold Reducing Balance 20%
Plant & Machinery Reducing Balance 20%
Motor Vehicles Reducing Balance 20%
Fixtures & Fittings Reducing Balance 20%
Computer Equipment Reducing Balance 20%
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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 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.
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: 32 (2024: 29)
32 29
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 15,815 5,217 187,169 9,617 217,818
Additions - - 353,570 3,343 356,913
Disposals (2,874 ) - (34,770 ) (1,453 ) (39,097 )
As at 31 August 2025 12,941 5,217 505,969 11,507 535,634
Depreciation
As at 1 September 2024 12,222 2,244 44,295 3,561 62,322
Provided during the period 719 636 53,942 1,614 56,911
As at 31 August 2025 12,941 2,880 98,237 5,175 119,233
Net Book Value
As at 31 August 2025 - 2,337 407,732 6,332 416,401
As at 1 September 2024 3,593 2,973 142,874 6,056 155,496
5. Stocks
2025 2024
£ £
Materials 23,111 23,111
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 596,979 1,118,744
Prepayments and accrued income 51,409 63,382
648,388 1,182,126
Due after more than one year
Amounts owed by other participating interests 258 -
648,646 1,182,126
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 78,020 19,814
Trade creditors 357,078 715,489
Bank loans and overdrafts - 10,311
Credit Cards 23,106 -
Corporation tax 53,776 53,722
Other taxes and social security 40,784 20,346
VAT 236,811 280,093
Other creditors 2,786 43,486
Accruals and deferred income 30,609 300
Directors' loan accounts 99,859 48,028
922,829 1,191,589
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 270,997 47,723
Bank loans - 7,910
Other creditors 172 -
271,169 55,633
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 78,020 19,814
Later than one year and not later than five years 270,997 47,723
349,017 67,537
349,017 67,537
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Accelerated capital allowances 132,504 28,404
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11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 7