Acorah Software Products - Accounts Production 19.2.450 false true 28 February 2025 29 February 2024 false 1 March 2025 28 February 2026 28 February 2026 SC723371 Mark Davidson Vikki Davidson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC723371 2025-02-28 SC723371 2026-02-28 SC723371 2025-03-01 2026-02-28 SC723371 frs-core:CurrentFinancialInstruments 2026-02-28 SC723371 frs-core:Non-currentFinancialInstruments 2026-02-28 SC723371 frs-core:ShareCapital 2026-02-28 SC723371 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 SC723371 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 SC723371 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 SC723371 frs-bus:SmallEntities 2025-03-01 2026-02-28 SC723371 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 SC723371 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 SC723371 frs-bus:Director1 2025-03-01 2026-02-28 SC723371 frs-bus:Director2 2025-03-01 2026-02-28 SC723371 frs-countries:Scotland 2025-03-01 2026-02-28 SC723371 2024-02-28 SC723371 2025-02-28 SC723371 2024-02-29 2025-02-28 SC723371 frs-core:CurrentFinancialInstruments 2025-02-28 SC723371 frs-core:Non-currentFinancialInstruments 2025-02-28 SC723371 frs-core:ShareCapital 2025-02-28 SC723371 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: SC723371
MVEC Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
MVEC Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
MVEC Ltd
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: SC723371

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 110,000 |  | 110,000
|  |  | 110,000 |  | 110,000
CURRENT ASSETS
Debtors | 5 | 675 |  | 645 |
Cash at bank and in hand |  | 770 |  | 4,759 |
|  | 1,445 |  | 5,404 |
Creditors: Amounts Falling Due Within One Year | 6 | (35,493 ) |  | (35,146 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (34,048 ) |  | (29,742 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 75,952 |  | 80,258
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (70,917 ) |  | (75,183 )
NET ASSETS |  |  | 5,035 |  | 5,075
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 1
Profit and Loss Account |  |  | 5,033 |  | 5,074
SHAREHOLDERS' FUNDS |  |  | 5,035 |  | 5,075

Page 1
Page 2
MVEC Ltd
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 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

Mark Davidson Director
7 July 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
MVEC Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
MVEC Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC723371 . The registered office is 8 Delgaty Terrace, Turriff, Aberdeenshire, AB53 4GA.
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, and represents the rental income receivable in the period.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Investment Property

| 2026
--- | ---
| £
Fair Value
As at 1 March 2025 and 28 February 2026 | 110,000

5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 675 |  | 645

6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 81 |  | 77
Accruals and deferred income | 1,260 |  | 1,036
Directors' loan accounts | 34,152 |  | 34,033
| 35,493 |  | 35,146

7. Creditors: Amounts Falling Due After More Than One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Other loans | 70,917 |  | 75,183

Page 3
Page 4
MVEC Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
8. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 1

Page 4