Acorah Software Products - Accounts Production 15.0.400 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06455326 Mr Michael Moran Mr Michael Moran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06455326 2023-03-31 06455326 2024-03-31 06455326 2023-04-01 2024-03-31 06455326 frs-core:CurrentFinancialInstruments 2024-03-31 06455326 frs-core:Non-currentFinancialInstruments 2024-03-31 06455326 frs-core:ComputerEquipment 2024-03-31 06455326 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06455326 frs-core:ComputerEquipment 2023-03-31 06455326 frs-core:FurnitureFittings 2024-03-31 06455326 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06455326 frs-core:FurnitureFittings 2023-03-31 06455326 frs-core:PlantMachinery 2024-03-31 06455326 frs-core:PlantMachinery 2023-04-01 2024-03-31 06455326 frs-core:PlantMachinery 2023-03-31 06455326 frs-core:ShareCapital 2024-03-31 06455326 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06455326 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06455326 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06455326 frs-bus:SmallEntities 2023-04-01 2024-03-31 06455326 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06455326 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06455326 frs-bus:Director1 2023-04-01 2024-03-31 06455326 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06455326 frs-countries:EnglandWales 2023-04-01 2024-03-31 06455326 2022-03-31 06455326 2023-03-31 06455326 2022-04-01 2023-03-31 06455326 frs-core:CurrentFinancialInstruments 2023-03-31 06455326 frs-core:Non-currentFinancialInstruments 2023-03-31 06455326 frs-core:ShareCapital 2023-03-31 06455326 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06455326
2M Press Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
TaxAssist Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06455326
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,377 3,169
2,377 3,169
CURRENT ASSETS
Cash at bank and in hand 1,823 2,115
1,823 2,115
Creditors: Amounts Falling Due Within One Year 5 (23,401 ) (20,076 )
NET CURRENT ASSETS (LIABILITIES) (21,578 ) (17,961 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,201 ) (14,792 )
Creditors: Amounts Falling Due After More Than One Year 6 (22,401 ) (24,367 )
NET LIABILITIES (41,602 ) (39,159 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (41,604 ) (39,161 )
SHAREHOLDERS' FUNDS (41,602) (39,159)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Michael Moran
Director
31/07/2024
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
2M Press Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06455326 . The registered office is 36 Frederick Street, Huddersfield, West Yorkshire, HD4 5QZ.
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.
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% RB
Fixtures & Fittings 25% RB
Computer Equipment 25% RB
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 14,882 5,701 7,374 27,957
As at 31 March 2024 14,882 5,701 7,374 27,957
Depreciation
As at 1 April 2023 13,733 5,043 6,012 24,788
Provided during the period 287 164 341 792
As at 31 March 2024 14,020 5,207 6,353 25,580
Net Book Value
As at 31 March 2024 862 494 1,021 2,377
As at 1 April 2023 1,149 658 1,362 3,169
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 2
VAT 659 795
Accruals and deferred income 125 125
Director's loan account 22,617 19,154
23,401 20,076
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,401 24,367
22,401 24,367
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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