Acorah Software Products - Accounts Production 15.0.500 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09526617 Mr Jayesh Gandhi Mrs Rekha Gandhi Montriddy Holdings Limited 213 Old Bedford Road, Luton. LU2 7EH true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09526617 2023-04-30 09526617 2024-04-30 09526617 2023-05-01 2024-04-30 09526617 frs-core:CurrentFinancialInstruments 2024-04-30 09526617 frs-core:Non-currentFinancialInstruments 2024-04-30 09526617 frs-core:FurnitureFittings 2024-04-30 09526617 frs-core:FurnitureFittings 2023-05-01 2024-04-30 09526617 frs-core:FurnitureFittings 2023-04-30 09526617 frs-core:ShareCapital 2024-04-30 09526617 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09526617 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09526617 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09526617 frs-bus:SmallEntities 2023-05-01 2024-04-30 09526617 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09526617 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09526617 1 2023-05-01 2024-04-30 09526617 frs-core:DeferredTaxation 2023-04-30 09526617 frs-core:DeferredTaxation 2024-04-30 09526617 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30 09526617 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 09526617 frs-core:UnlistedNon-exchangeTraded 2024-04-30 09526617 frs-core:UnlistedNon-exchangeTraded 2023-04-30 09526617 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 09526617 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 09526617 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 09526617 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 09526617 frs-bus:Director1 2023-05-01 2024-04-30 09526617 frs-bus:Director2 2023-05-01 2024-04-30 09526617 frs-countries:EnglandWales 2023-05-01 2024-04-30 09526617 2022-04-30 09526617 2023-04-30 09526617 2022-05-01 2023-04-30 09526617 frs-core:CurrentFinancialInstruments 2023-04-30 09526617 frs-core:Non-currentFinancialInstruments 2023-04-30 09526617 frs-core:ShareCapital 2023-04-30 09526617 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 09526617 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30
Registered number: 09526617
Montriddy Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
DRP Partners Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09526617
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,629 2,172
Investment Properties 5 1,450,419 1,460,191
Investments 6 8,000 8,000
1,460,048 1,470,363
CURRENT ASSETS
Debtors 7 12,600 2,950
Cash at bank and in hand 31,818 32,251
44,418 35,201
Creditors: Amounts Falling Due Within One Year 8 (377,908 ) (378,244 )
NET CURRENT ASSETS (LIABILITIES) (333,490 ) (343,043 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,126,558 1,127,320
Creditors: Amounts Falling Due After More Than One Year 9 (842,843 ) (842,843 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,786 ) (23,786 )
NET ASSETS 259,929 260,691
CAPITAL AND RESERVES
Called up share capital 12 2 2
Fair Value Reserve 13 101,601 101,601
Profit and Loss Account 158,326 159,088
SHAREHOLDERS' FUNDS 259,929 260,691
Page 1
Page 2
For the year ending 30 April 2024 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 Jayesh Gandhi
Director
09/07/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Montriddy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09526617 . The registered office is 213 Old Bedford Road, Luton, LU2 7EH.
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.
Turnover also represents rents receivable.

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:
Fixtures & Fittings 25% Reducing balance basis
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
2.6. Cash and cash equivalents
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 May 2023 19,611
As at 30 April 2024 19,611
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 17,439
Provided during the period 543
As at 30 April 2024 17,982
Net Book Value
As at 30 April 2024 1,629
As at 1 May 2023 2,172
Cost or valuation as at 30 April 2024 represented by:
Fixtures & Fittings
£
At cost 19,611
19,611
Investment properties were valued on an open market basis on 30 April 2021 by the directors.
5. Investment Property
2024
£
Fair Value
As at 1 May 2023 1,460,191
Additions (9,772 )
As at 30 April 2024 1,450,419
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,450,419 1,460,191
6. Investments
Unlisted
£
Cost
As at 1 May 2023 8,000
As at 30 April 2024 8,000
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 8,000
As at 1 May 2023 8,000
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,600 2,950
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Amounts owed to group undertakings 369,258 365,728
Other creditors 6,085 9,951
Taxation and social security 2,564 2,564
377,908 378,244
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 842,843 842,843
10. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
The bank loan is secured by way of fixed and floating charge on the property and other assets of the company and contains a negative pledge.
2024 2023
£ £
Bank loans and overdrafts 842,843 842,843
11. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2023 23,786 23,786
Balance at 30 April 2024 23,786 23,786
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
13. Reserves
Fair Value Reserve
£
As at 1 May 2023 101,601
As at 30 April 2024 101,601
Page 5
Page 6
14. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Montriddy Holdings Limited . Montriddy Holdings Limited was incorporated in England and Wales. The ultimate controlling party is Montriddy Holdings Limited who controls 100% of the shares of Montriddy Limited .
Page 6