Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 3641503 Mr Ian Jaggers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 3641503 2023-03-31 3641503 2024-03-31 3641503 2023-04-01 2024-03-31 3641503 frs-core:CurrentFinancialInstruments 2024-03-31 3641503 frs-core:Non-currentFinancialInstruments 2024-03-31 3641503 frs-core:PlantMachinery 2024-03-31 3641503 frs-core:PlantMachinery 2023-04-01 2024-03-31 3641503 frs-core:PlantMachinery 2023-03-31 3641503 frs-core:ShareCapital 2024-03-31 3641503 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 3641503 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 3641503 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 3641503 frs-bus:SmallEntities 2023-04-01 2024-03-31 3641503 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 3641503 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 3641503 frs-bus:Director1 2023-04-01 2024-03-31 3641503 frs-countries:EnglandWales 2023-04-01 2024-03-31 3641503 2022-03-31 3641503 2023-03-31 3641503 2022-04-01 2023-03-31 3641503 frs-core:CurrentFinancialInstruments 2023-03-31 3641503 frs-core:Non-currentFinancialInstruments 2023-03-31 3641503 frs-core:ShareCapital 2023-03-31 3641503 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 3641503
Mayfair Ponds Limited
Financial Statements
For The Year Ended 31 March 2024
M. C. Rabey Esq.
Endeavour House 3rd Floor
Coopers End Road
Stansted
Essex
CM24 1SJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 3641503
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,471 1,545
17,471 1,545
CURRENT ASSETS
Debtors 5 14,943 10,921
Cash at bank and in hand 7,195 5,151
22,138 16,072
Creditors: Amounts Falling Due Within One Year 6 (18,044 ) (12,403 )
NET CURRENT ASSETS (LIABILITIES) 4,094 3,669
TOTAL ASSETS LESS CURRENT LIABILITIES 21,565 5,214
Creditors: Amounts Falling Due After More Than One Year 7 (19,000 ) -
NET ASSETS 2,565 5,214
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 2,465 5,114
SHAREHOLDERS' FUNDS 2,565 5,214
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 Ian Jaggers
Director
12/08/2024
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
Mayfair Ponds Limited is a private company, limited by shares, incorporated in England & Wales, registered number 3641503 . The registered office is 2 Broadfield Cottage, Dunmow Road, Takeley, Herts, CM22 6SL.
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% WDV
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
£
Cost
As at 1 April 2023 24,947
Additions 23,294
Disposals (24,947 )
As at 31 March 2024 23,294
Depreciation
As at 1 April 2023 23,402
Provided during the period 5,823
Disposals (23,402 )
As at 31 March 2024 5,823
Net Book Value
As at 31 March 2024 17,471
As at 1 April 2023 1,545
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,943 10,921
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,321 1,994
Director's loan account 16,723 10,409
18,044 12,403
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,000 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4