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 12616975 Mr Andrew Burns iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12616975 2023-05-31 12616975 2024-05-31 12616975 2023-06-01 2024-05-31 12616975 frs-core:CurrentFinancialInstruments 2024-05-31 12616975 frs-core:ShareCapital 2024-05-31 12616975 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12616975 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12616975 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12616975 frs-bus:SmallEntities 2023-06-01 2024-05-31 12616975 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12616975 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12616975 frs-bus:Director1 2023-06-01 2024-05-31 12616975 frs-countries:EnglandWales 2023-06-01 2024-05-31 12616975 2022-05-31 12616975 2023-05-31 12616975 2022-06-01 2023-05-31 12616975 frs-core:CurrentFinancialInstruments 2023-05-31 12616975 frs-core:ShareCapital 2023-05-31 12616975 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12616975
Mortar-4-U Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
North East Accountancy Solutions Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12616975
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 6,958 -
Debtors 5 4,926 110
Cash at bank and in hand 2,118 193
14,002 303
Creditors: Amounts Falling Due Within One Year 6 (17,610 ) (1,711 )
NET CURRENT ASSETS (LIABILITIES) (3,608 ) (1,408 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,608 ) (1,408 )
NET LIABILITIES (3,608 ) (1,408 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (3,708 ) (1,508 )
SHAREHOLDERS' FUNDS (3,608) (1,408)
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 Andrew Burns
Director
19/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Mortar-4-U Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12616975 . The registered office is Tower Buildings, 9 Oldgate, Morpeth, Northumberland, NE61 1PY.
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:
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Stocks
2024 2023
£ £
Stock 6,958 -
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 48
VAT - 62
Amounts owed by other participating interests 4,926 -
4,926 110
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 162
Accruals and deferred income 900 445
Director's loan account 15,830 150
Amounts owed to other participating interests 880 954
17,610 1,711
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3