Acorah Software Products - Accounts Production 14.6.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09074342 Mr Paul Martin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09074342 2023-06-30 09074342 2024-06-30 09074342 2023-07-01 2024-06-30 09074342 frs-core:CurrentFinancialInstruments 2024-06-30 09074342 frs-core:FurnitureFittings 2024-06-30 09074342 frs-core:FurnitureFittings 2023-07-01 2024-06-30 09074342 frs-core:FurnitureFittings 2023-06-30 09074342 frs-core:CapitalRedemptionReserve 2024-06-30 09074342 frs-core:ShareCapital 2024-06-30 09074342 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09074342 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09074342 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09074342 frs-bus:SmallEntities 2023-07-01 2024-06-30 09074342 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09074342 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09074342 frs-bus:Director1 2023-07-01 2024-06-30 09074342 frs-countries:EnglandWales 2023-07-01 2024-06-30 09074342 2022-06-30 09074342 2023-06-30 09074342 2022-07-01 2023-06-30 09074342 frs-core:CurrentFinancialInstruments 2023-06-30 09074342 frs-core:CapitalRedemptionReserve 2023-06-30 09074342 frs-core:ShareCapital 2023-06-30 09074342 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09074342
Medlake Homes Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09074342
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,838 3,339
2,838 3,339
CURRENT ASSETS
Debtors 5 752,385 49,051
Cash at bank and in hand 95 3,959
752,480 53,010
Creditors: Amounts Falling Due Within One Year 6 (299 ) 699,401
NET CURRENT ASSETS (LIABILITIES) 752,181 752,411
TOTAL ASSETS LESS CURRENT LIABILITIES 755,019 755,750
PROVISIONS FOR LIABILITIES
Deferred Taxation (747 ) (747 )
NET ASSETS 754,272 755,003
CAPITAL AND RESERVES
Called up share capital 7 1 1
Capital redemption reserve (760,850 ) (760,850 )
Profit and Loss Account 1,515,121 1,515,852
SHAREHOLDERS' FUNDS 754,272 755,003
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 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 Paul Martin
Director
05/08/2024
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
Medlake Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09074342 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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. 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 15% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2023 10,358
As at 30 June 2024 10,358
Depreciation
As at 1 July 2023 7,019
Provided during the period 501
As at 30 June 2024 7,520
Net Book Value
As at 30 June 2024 2,838
As at 1 July 2023 3,339
5. Debtors
2024 2023
£ £
Due within one year
Director's loan account 49,551 49,051
Amounts owed by other participating interests 702,834 -
752,385 49,051
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 299 599
Inter company account - (700,000 )
299 (699,401 )
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Included in other debtors is £49,551 (£49,051 in 2023), owed to the company by the director Mr P Martin. This loan is interest free and no repayment terms have been agreed.
Page 4