Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08956121 Mr I Hiscock Mrs L Hiscock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08956121 2023-03-31 08956121 2024-03-31 08956121 2023-04-01 2024-03-31 08956121 frs-core:CurrentFinancialInstruments 2024-03-31 08956121 frs-core:PlantMachinery 2024-03-31 08956121 frs-core:PlantMachinery 2023-04-01 2024-03-31 08956121 frs-core:PlantMachinery 2023-03-31 08956121 frs-core:ShareCapital 2024-03-31 08956121 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08956121 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08956121 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08956121 frs-bus:SmallEntities 2023-04-01 2024-03-31 08956121 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08956121 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08956121 frs-bus:Director1 2023-04-01 2024-03-31 08956121 frs-bus:Director2 2023-04-01 2024-03-31 08956121 1 2023-04-01 2024-03-31 08956121 frs-countries:EnglandWales 2023-04-01 2024-03-31 08956121 2022-03-31 08956121 2023-03-31 08956121 2022-04-01 2023-03-31 08956121 frs-core:CurrentFinancialInstruments 2023-03-31 08956121 frs-core:ShareCapital 2023-03-31 08956121 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08956121 1 2022-04-01 2023-03-31
Registered number: 08956121
Membermojo Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
TAB Accountancy Limited
1 Hardy Close
Felpham
Bognor Regis
West Sussex
PO22 6QX
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 08956121
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,877 3,587
3,877 3,587
CURRENT ASSETS
Debtors 90 -
Cash at bank and in hand 76,084 68,713
76,174 68,713
Creditors: Amounts Falling Due Within One Year 5 (79,949 ) (72,198 )
NET CURRENT ASSETS (LIABILITIES) (3,775 ) (3,485 )
TOTAL ASSETS LESS CURRENT LIABILITIES 102 102
NET ASSETS 102 102
CAPITAL AND RESERVES
Called up share capital 6 101 101
Income Statement 1 1
SHAREHOLDERS' FUNDS 102 102
Page 1
Page 2
For the year ending 31 March 2024 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 I Hiscock
Director
18/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Membermojo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08956121 . The registered office is The Spinney, Horsham Road, Dorking, Surrey, RH5 5RL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Plant & Machinery 25% Reducing Balance
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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:
2024 2023
Directors 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 11,258
Additions 1,583
As at 31 March 2024 12,841
Depreciation
As at 1 April 2023 7,671
Provided during the period 1,293
As at 31 March 2024 8,964
Net Book Value
As at 31 March 2024 3,877
As at 1 April 2023 3,587
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,201 2,418
VAT 9,194 7,428
Other creditors 194 1,227
Accruals and deferred income 57,822 49,137
Directors' loan accounts 10,538 11,988
79,949 72,198
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
Page 4