Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 10272533 Mr Kenneth Grant Mrs Tracey Grant K Grant and T Grant true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10272533 2022-07-31 10272533 2023-07-31 10272533 2022-08-01 2023-07-31 10272533 frs-core:CurrentFinancialInstruments 2023-07-31 10272533 frs-core:ComputerEquipment 2023-07-31 10272533 frs-core:ComputerEquipment 2022-08-01 2023-07-31 10272533 frs-core:ComputerEquipment 2022-07-31 10272533 frs-core:FurnitureFittings 2023-07-31 10272533 frs-core:FurnitureFittings 2022-08-01 2023-07-31 10272533 frs-core:FurnitureFittings 2022-07-31 10272533 frs-core:PlantMachinery 2023-07-31 10272533 frs-core:PlantMachinery 2022-08-01 2023-07-31 10272533 frs-core:PlantMachinery 2022-07-31 10272533 frs-core:ShareCapital 2023-07-31 10272533 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10272533 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10272533 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 10272533 frs-bus:SmallEntities 2022-08-01 2023-07-31 10272533 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 10272533 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10272533 1 2022-08-01 2023-07-31 10272533 frs-bus:Director1 2022-08-01 2023-07-31 10272533 frs-bus:Director1 2022-07-31 10272533 frs-bus:Director1 2023-07-31 10272533 frs-bus:Director2 2022-08-01 2023-07-31 10272533 frs-countries:EnglandWales 2022-08-01 2023-07-31 10272533 2021-07-31 10272533 2022-07-31 10272533 2021-08-01 2022-07-31 10272533 frs-core:CurrentFinancialInstruments 2022-07-31 10272533 frs-core:ShareCapital 2022-07-31 10272533 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 10272533
MEP Surveying Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Lewis Ballard BBB Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10272533
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,295 371
1,295 371
CURRENT ASSETS
Debtors 5 10,425 1,050
Cash at bank and in hand 6,870 18,879
17,295 19,929
Creditors: Amounts Falling Due Within One Year 6 (16,821 ) (18,275 )
NET CURRENT ASSETS (LIABILITIES) 474 1,654
TOTAL ASSETS LESS CURRENT LIABILITIES 1,769 2,025
NET ASSETS 1,769 2,025
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,669 1,925
SHAREHOLDERS' FUNDS 1,769 2,025
Page 1
Page 2
For the year ending 31 July 2023 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 Kenneth Grant
Director
07/11/2023
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
MEP Surveying Limited Registered number 10272533 is a limited by shares company incorporated in England & Wales. The Registered Office is Celtic House Caxton Place, Pentwyn, Cardiff, South Glamorgan, CF23 8HA.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33% Straight line
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Sales, marketing and distribution 2 2
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 - - 1,358 1,358
Additions - 1,317 - 1,317
As at 31 July 2023 - 1,317 1,358 2,675
Depreciation
As at 1 August 2022 - - 987 987
Provided during the period - 123 270 393
As at 31 July 2023 - 123 1,257 1,380
...CONTINUED
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Page 4
Net Book Value
As at 31 July 2023 - 1,194 101 1,295
As at 1 August 2022 - - 371 371
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,789 1,050
Other taxes and social security 35 -
Directors' loan accounts 3,601 -
10,425 1,050
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 12,569 14,678
Other taxes and social security - 217
VAT 3,865 2,003
Accrued expenses 387 459
Directors' loan accounts - 918
16,821 18,275
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr Kenneth Grant (918 ) 57,878 (53,359 ) - 3,601
The above loan is payable within 9 months.
9. Dividends
2023 2022
£ £
On equity shares:
Interim dividend paid 35,000 34,000
35,000 34,000
10. Ultimate Controlling Party
The company's ultimate controlling party are the directors K Grant and T Grant by virtue of their ownership of 100% of the issued share capital in the company.
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