Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11612809 Mrs M CHEN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11612809 2022-10-31 11612809 2023-10-31 11612809 2022-11-01 2023-10-31 11612809 frs-core:CurrentFinancialInstruments 2023-10-31 11612809 frs-core:Non-currentFinancialInstruments 2023-10-31 11612809 frs-core:ShareCapital 2023-10-31 11612809 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11612809 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11612809 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 11612809 frs-bus:SmallEntities 2022-11-01 2023-10-31 11612809 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11612809 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11612809 frs-bus:Director1 2022-11-01 2023-10-31 11612809 frs-core:CurrentFinancialInstruments 1 2023-10-31 11612809 frs-core:CurrentFinancialInstruments 2 2023-10-31 11612809 frs-countries:EnglandWales 2022-11-01 2023-10-31 11612809 2021-10-31 11612809 2022-10-31 11612809 2021-11-01 2022-10-31 11612809 frs-core:CurrentFinancialInstruments 2022-10-31 11612809 frs-core:Non-currentFinancialInstruments 2022-10-31 11612809 frs-core:ShareCapital 2022-10-31 11612809 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 11612809 frs-core:CurrentFinancialInstruments 1 2022-10-31 11612809 frs-core:CurrentFinancialInstruments 2 2022-10-31
Registered number: 11612809
MM Educational Technology Co. Ltd.
Unaudited Financial Statements
For The Year Ended 31 October 2023
Overpaidtax Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11612809
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 12,823 6,220
12,823 6,220
Creditors: Amounts Falling Due Within One Year 4 (5,441 ) (469 )
NET CURRENT ASSETS (LIABILITIES) 7,382 5,751
TOTAL ASSETS LESS CURRENT LIABILITIES 7,382 5,751
Creditors: Amounts Falling Due After More Than One Year 5 (7,733 ) (8,693 )
NET LIABILITIES (351 ) (2,942 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (451 ) (3,042 )
SHAREHOLDERS' FUNDS (351) (2,942)
For the year ending 31 October 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
Mrs M CHEN
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
MM Educational Technology Co. Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 11612809 . The registered office is 21 Mawson Road, Manchester, M13 9HG.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 2)
4 2
4. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 -
Other creditors -director wages 3,352 -
Other creditors -travel expenses 2,088 -
Director's loan account - 469
5,441 469
5. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 7,733 8,693
7,733 8,693
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 2