Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09550908 Mr Ronak Pathak iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09550908 2023-04-30 09550908 2024-04-30 09550908 2023-05-01 2024-04-30 09550908 frs-core:CurrentFinancialInstruments 2024-04-30 09550908 frs-core:ComputerEquipment 2024-04-30 09550908 frs-core:ComputerEquipment 2023-05-01 2024-04-30 09550908 frs-core:ComputerEquipment 2023-04-30 09550908 frs-core:SharePremium 2024-04-30 09550908 frs-core:ShareCapital 2024-04-30 09550908 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09550908 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09550908 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09550908 frs-bus:SmallEntities 2023-05-01 2024-04-30 09550908 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09550908 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09550908 frs-bus:Director1 2023-05-01 2024-04-30 09550908 frs-countries:EnglandWales 2023-05-01 2024-04-30 09550908 2022-04-30 09550908 2023-04-30 09550908 2022-05-01 2023-04-30 09550908 frs-core:CurrentFinancialInstruments 2023-04-30 09550908 frs-core:SharePremium 2023-04-30 09550908 frs-core:ShareCapital 2023-04-30 09550908 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09550908
MPP Tech Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09550908
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 965 912
965 912
CURRENT ASSETS
Debtors 5 143 359
Cash at bank and in hand 78 1,719
221 2,078
Creditors: Amounts Falling Due Within One Year 6 (186,728 ) (183,751 )
NET CURRENT ASSETS (LIABILITIES) (186,507 ) (181,673 )
TOTAL ASSETS LESS CURRENT LIABILITIES (185,542 ) (180,761 )
NET LIABILITIES (185,542 ) (180,761 )
CAPITAL AND RESERVES
Called up share capital 7 1,226 1,226
Share premium account 84,903 84,903
Profit and Loss Account (271,671 ) (266,890 )
SHAREHOLDERS' FUNDS (185,542) (180,761)
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 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 Ronak Pathak
Director
09/08/2024
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
MPP Tech Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09550908 . The registered office is 15 London End, Beaconsfield, England, HP9 2HN.
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.
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:
Computer Equipment 25% Reducing Balance Method
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 2,681
Additions 374
As at 30 April 2024 3,055
Depreciation
As at 1 May 2023 1,769
Provided during the period 321
As at 30 April 2024 2,090
Net Book Value
As at 30 April 2024 965
As at 1 May 2023 912
5. Debtors
2024 2023
£ £
Due within one year
VAT 143 359
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 156 -
Accruals and deferred income 1,580 1,460
Director's loan account 184,992 182,291
186,728 183,751
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,226 1,226
Page 4