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 10260401 Dr. Beatrice McDonald iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10260401 2022-07-31 10260401 2023-07-31 10260401 2022-08-01 2023-07-31 10260401 frs-core:CurrentFinancialInstruments 2023-07-31 10260401 frs-core:ComputerEquipment 2023-07-31 10260401 frs-core:ComputerEquipment 2022-08-01 2023-07-31 10260401 frs-core:ComputerEquipment 2022-07-31 10260401 frs-core:ShareCapital 2023-07-31 10260401 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10260401 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10260401 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 10260401 frs-bus:SmallEntities 2022-08-01 2023-07-31 10260401 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 10260401 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10260401 frs-bus:Director1 2022-08-01 2023-07-31 10260401 frs-countries:EnglandWales 2022-08-01 2023-07-31 10260401 2021-07-31 10260401 2022-07-31 10260401 2021-08-01 2022-07-31 10260401 frs-core:CurrentFinancialInstruments 2022-07-31 10260401 frs-core:ShareCapital 2022-07-31 10260401 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 10260401
McDonald Intellectual Property Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10260401
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 39,739 49,489
39,739 49,489
Creditors: Amounts Falling Due Within One Year 5 (5,654 ) (4,726 )
NET CURRENT ASSETS (LIABILITIES) 34,085 44,763
TOTAL ASSETS LESS CURRENT LIABILITIES 34,085 44,763
NET ASSETS 34,085 44,763
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 34,084 44,762
SHAREHOLDERS' FUNDS 34,085 44,763
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Dr. Beatrice McDonald
Director
23/04/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
McDonald Intellectual Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10260401 . The registered office is 1 Peach Street, Wokingham, RG40 1XJ.
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. 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:
Computer Equipment 25% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 2,039
As at 31 July 2023 2,039
Depreciation
As at 1 August 2022 2,039
As at 31 July 2023 2,039
Net Book Value
As at 31 July 2023 -
As at 1 August 2022 -
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 300 300
Other creditors 5,354 4,426
5,654 4,726
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 2