Acorah Software Products - Accounts Production 15.0.500 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 02619158 Mr Paul Knell Mrs Patricia Knell Mrs Patricia Knell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02619158 2023-06-30 02619158 2024-06-30 02619158 2023-07-01 2024-06-30 02619158 frs-core:CurrentFinancialInstruments 2024-06-30 02619158 frs-core:ComputerEquipment 2024-06-30 02619158 frs-core:ComputerEquipment 2023-07-01 2024-06-30 02619158 frs-core:ComputerEquipment 2023-06-30 02619158 frs-core:PlantMachinery 2024-06-30 02619158 frs-core:PlantMachinery 2023-07-01 2024-06-30 02619158 frs-core:PlantMachinery 2023-06-30 02619158 frs-core:ShareCapital 2024-06-30 02619158 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 02619158 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02619158 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 02619158 frs-bus:SmallEntities 2023-07-01 2024-06-30 02619158 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 02619158 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 02619158 frs-core:ListedExchangeTraded 2024-06-30 02619158 frs-core:ListedExchangeTraded 2023-06-30 02619158 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-06-30 02619158 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-06-30 02619158 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-06-30 02619158 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-06-30 02619158 frs-bus:Director1 2023-07-01 2024-06-30 02619158 frs-bus:Director2 2023-07-01 2024-06-30 02619158 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 02619158 frs-countries:EnglandWales 2023-07-01 2024-06-30 02619158 2022-06-30 02619158 2023-06-30 02619158 2022-07-01 2023-06-30 02619158 frs-core:CurrentFinancialInstruments 2023-06-30 02619158 frs-core:ShareCapital 2023-06-30 02619158 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 02619158
Marchgale Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
MMS Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02619158
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,410 771
Investments 5 5,000 5,000
6,410 5,771
CURRENT ASSETS
Debtors 6 3,570 47,981
Cash at bank and in hand 193,389 372,249
196,959 420,230
Creditors: Amounts Falling Due Within One Year 7 (31,941 ) (136,153 )
NET CURRENT ASSETS (LIABILITIES) 165,018 284,077
TOTAL ASSETS LESS CURRENT LIABILITIES 171,428 289,848
NET ASSETS 171,428 289,848
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 171,328 289,748
SHAREHOLDERS' FUNDS 171,428 289,848
Page 1
Page 2
For the year ending 30 June 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 Paul Knell
Director
27/07/2024
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
Marchgale Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02619158 . The registered office is Fordyce, Nightingale Lane, Storrington, Pulborough, West Sussex, RH20 4NU.
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%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 28,802 - 28,802
Additions - 999 999
As at 30 June 2024 28,802 999 29,801
Depreciation
As at 1 July 2023 28,031 - 28,031
Provided during the period 193 167 360
As at 30 June 2024 28,224 167 28,391
Net Book Value
As at 30 June 2024 578 832 1,410
As at 1 July 2023 771 - 771
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Page 4
5. Investments
Listed
£
Cost
As at 1 July 2023 5,000
As at 30 June 2024 5,000
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 5,000
As at 1 July 2023 5,000
6. Debtors
2024 2023
£ £
Due within one year
VAT 3,570 47,981
3,570 47,981
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 841 90,712
Accruals and deferred income 1,100 1,100
Directors' loan accounts 30,000 44,341
31,941 136,153
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4