Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05432199 Mr Martyn Williams Mrs Samantha Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05432199 2023-05-31 05432199 2024-05-31 05432199 2023-06-01 2024-05-31 05432199 frs-core:CurrentFinancialInstruments 2024-05-31 05432199 frs-core:PlantMachinery 2024-05-31 05432199 frs-core:PlantMachinery 2023-06-01 2024-05-31 05432199 frs-core:PlantMachinery 2023-05-31 05432199 frs-core:ShareCapital 2024-05-31 05432199 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05432199 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05432199 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05432199 frs-bus:SmallEntities 2023-06-01 2024-05-31 05432199 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05432199 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05432199 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31 05432199 frs-bus:OrdinaryShareClass1 2024-05-31 05432199 frs-bus:OrdinaryShareClass2 2023-06-01 2024-05-31 05432199 frs-bus:OrdinaryShareClass2 2024-05-31 05432199 frs-bus:OrdinaryShareClass3 2023-06-01 2024-05-31 05432199 frs-bus:OrdinaryShareClass3 2024-05-31 05432199 frs-bus:Director1 2023-06-01 2024-05-31 05432199 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05432199 frs-countries:EnglandWales 2023-06-01 2024-05-31 05432199 2022-05-31 05432199 2023-05-31 05432199 2022-06-01 2023-05-31 05432199 frs-core:CurrentFinancialInstruments 2023-05-31 05432199 frs-core:ShareCapital 2023-05-31 05432199 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 05432199 frs-bus:OrdinaryShareClass1 2022-06-01 2023-05-31 05432199 frs-bus:OrdinaryShareClass2 2022-06-01 2023-05-31 05432199 frs-bus:OrdinaryShareClass3 2022-06-01 2023-05-31
Registered number: 05432199
M.W. Promotions Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05432199
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 423 1
423 1
CURRENT ASSETS
Cash at bank and in hand 43,625 73,079
43,625 73,079
Creditors: Amounts Falling Due Within One Year 6 (6,265 ) (10,158 )
NET CURRENT ASSETS (LIABILITIES) 37,360 62,921
TOTAL ASSETS LESS CURRENT LIABILITIES 37,783 62,922
NET ASSETS 37,783 62,922
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account 37,780 62,919
SHAREHOLDERS' FUNDS 37,783 62,922
Page 1
Page 2
For the year ending 31 May 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 Martyn Williams
Director
02/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
M.W. Promotions Limited Registered number 05432199 is a limited by shares company incorporated in England & Wales. The Registered Office is 3 Parc Ifor Hen, Miskin, Pontyclun, CF72 8TN.
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 comprises the invoiced value of services supplied by the company.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 33% Straight Line
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 5,340
Additions 607
As at 31 May 2024 5,947
Depreciation
As at 1 June 2023 5,339
Provided during the period 185
As at 31 May 2024 5,524
Net Book Value
As at 31 May 2024 423
As at 1 June 2023 1
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Corporation tax 3,610 7,029
Other taxes and social security - 1
Accruals and deferred income 1,843 1,813
Director's loan account 812 1,314
6,265 10,158
Page 4
Page 5
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 0.01 each 1 1
100 Ordinary A shares of £ 0.01 each 1 1
100 Ordinary B shares of £ 0.01 each 1 1
3 3
During the period, the company share capital was subdivided so that the ordinary £1 shares were subdivided to become ordinary £0.01 shares.
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Martyn Williams - 1,000
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 40,950 40,339
Page 5