Acorah Software Products - Accounts Production 14.6.300 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07538988 S E Webber iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07538988 2023-02-28 07538988 2024-02-29 07538988 2023-03-01 2024-02-29 07538988 frs-core:CurrentFinancialInstruments 2024-02-29 07538988 frs-core:Non-currentFinancialInstruments 2024-02-29 07538988 frs-core:ComputerEquipment 2023-03-01 2024-02-29 07538988 frs-core:FurnitureFittings 2023-03-01 2024-02-29 07538988 frs-core:LandBuildings 2024-02-29 07538988 frs-core:LandBuildings 2023-03-01 2024-02-29 07538988 frs-core:LandBuildings 2023-02-28 07538988 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07538988 frs-core:MotorVehicles 2023-03-01 2024-02-29 07538988 frs-core:PlantMachinery 2024-02-29 07538988 frs-core:PlantMachinery 2023-03-01 2024-02-29 07538988 frs-core:PlantMachinery 2023-02-28 07538988 frs-core:ShareCapital 2024-02-29 07538988 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07538988 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07538988 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 07538988 frs-bus:SmallEntities 2023-03-01 2024-02-29 07538988 frs-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07538988 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07538988 frs-bus:Director1 2023-03-01 2024-02-29 07538988 frs-countries:EnglandWales 2023-03-01 2024-02-29 07538988 2022-02-28 07538988 2023-02-28 07538988 2022-03-01 2023-02-28 07538988 frs-core:CurrentFinancialInstruments 2023-02-28 07538988 frs-core:Non-currentFinancialInstruments 2023-02-28 07538988 frs-core:ShareCapital 2023-02-28 07538988 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07538988
Mirror Marketing Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Merranti Accounting Ltd
10 Scandia Hus Business Park, Felcourt Road
Felcourt
East Grinstead
Surrey
RH19 2LP
Unaudited Financial Statements
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—6
Page 1
Company Information
Director S E Webber
Company Number 07538988
Registered Office Unit 3 Stockwell Centre
Stephenson Way
Crawley
RH10 1TN
Business Unit 3 Stockwell Centre
Stephenson Way
Crawley
RH10 1TN
Accountants Merranti Accounting Ltd
10 Scandia Hus Business Park, Felcourt Road
Felcourt
East Grinstead
Surrey
RH19 2LP
Page 1
Page 2
Accountants' Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mirror Marketing Limited for the year ended 29 February 2024 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the director of Mirror Marketing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mirror Marketing Limited and state those matters that we have agreed to state to the director of Mirror Marketing Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Mirror Marketing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Mirror Marketing Limited . You consider that Mirror Marketing Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Mirror Marketing Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Signed
Merranti Accounting Ltd
12 July 2024
Merranti Accounting Ltd
10 Scandia Hus Business Park, Felcourt Road
Felcourt
East Grinstead
Surrey
RH19 2LP
Page 2
Page 3
Balance Sheet
Registered number: 07538988
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 554,285 652,458
554,285 652,458
CURRENT ASSETS
Debtors 5 399,478 375,004
Cash at bank and in hand 54,451 122,424
453,929 497,428
Creditors: Amounts Falling Due Within One Year 6 (538,467 ) (538,246 )
NET CURRENT ASSETS (LIABILITIES) (84,538 ) (40,818 )
TOTAL ASSETS LESS CURRENT LIABILITIES 469,747 611,640
Creditors: Amounts Falling Due After More Than One Year 7 (12,500 ) (95,788 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,728 ) (28,891 )
NET ASSETS 432,519 486,961
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 432,419 486,861
SHAREHOLDERS' FUNDS 432,519 486,961
Page 3
Page 4
For the year ending 29 February 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 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
S E Webber
Director
12 July 2024
The notes on pages 5 to 6 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Mirror Marketing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07538988 . The registered office is Unit 3 Stockwell Centre, Stephenson Way, Crawley, RH10 1TN.
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:
Freehold No Depreciation Charge
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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 years 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2023: 22)
24 22
Page 5
Page 6
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 March 2023 372,218 487,540 859,758
Additions - 18,779 18,779
Disposals - (98,544 ) (98,544 )
As at 29 February 2024 372,218 407,775 779,993
Depreciation
As at 1 March 2023 - 207,300 207,300
Provided during the period - 59,023 59,023
Disposals - (40,615 ) (40,615 )
As at 29 February 2024 - 225,708 225,708
Net Book Value
As at 29 February 2024 372,218 182,067 554,285
As at 1 March 2023 372,218 280,240 652,458
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 370,436 356,777
Prepayments and accrued income 22,211 18,227
Other debtors 6,831 -
399,478 375,004
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 40,057
Trade creditors 66,406 53,572
Bank loans and overdrafts 83,288 126,054
Other creditors 224,450 122,928
Taxation and social security 164,323 195,635
538,467 538,246
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,500 95,788
12,500 95,788
Page 6