Acorah Software Products - Accounts Production 15.0.400 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11336927 Mr Malcolm Winter Ms Monika Gergelova iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11336927 2022-10-31 11336927 2023-10-31 11336927 2022-11-01 2023-10-31 11336927 frs-core:CurrentFinancialInstruments 2023-10-31 11336927 frs-core:Non-currentFinancialInstruments 2023-10-31 11336927 frs-core:ComputerEquipment 2023-10-31 11336927 frs-core:ComputerEquipment 2022-11-01 2023-10-31 11336927 frs-core:ComputerEquipment 2022-10-31 11336927 frs-core:ShareCapital 2023-10-31 11336927 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11336927 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11336927 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 11336927 frs-bus:SmallEntities 2022-11-01 2023-10-31 11336927 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11336927 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11336927 frs-bus:Director1 2022-11-01 2023-10-31 11336927 frs-bus:Director2 2022-11-01 2023-10-31 11336927 frs-core:CurrentFinancialInstruments 1 2023-10-31 11336927 frs-core:CurrentFinancialInstruments 2 2023-10-31 11336927 frs-countries:EnglandWales 2022-11-01 2023-10-31 11336927 2021-10-31 11336927 2022-10-31 11336927 2021-11-01 2022-10-31 11336927 frs-core:CurrentFinancialInstruments 2022-10-31 11336927 frs-core:Non-currentFinancialInstruments 2022-10-31 11336927 frs-core:ShareCapital 2022-10-31 11336927 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 11336927 frs-core:CurrentFinancialInstruments 1 2022-10-31 11336927 frs-core:CurrentFinancialInstruments 2 2022-10-31
Registered number: 11336927
M And M Film Productions Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11336927
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,975 -
1,975 -
CURRENT ASSETS
Debtors 5 312,794 326,114
Cash at bank and in hand 932 -
313,726 326,114
Creditors: Amounts Falling Due Within One Year 6 (934,691 ) (562,829 )
NET CURRENT ASSETS (LIABILITIES) (620,965 ) (236,715 )
TOTAL ASSETS LESS CURRENT LIABILITIES (618,990 ) (236,715 )
Creditors: Amounts Falling Due After More Than One Year 7 (42,420 ) (45,000 )
NET LIABILITIES (661,410 ) (281,715 )
CAPITAL AND RESERVES
Called up share capital 8 51 51
Profit and Loss Account (661,461 ) (281,766 )
SHAREHOLDERS' FUNDS (661,410) (281,715)
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Malcolm Winter
Director
30/08/2024
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
M And M Film Productions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11336927 . The registered office is c/o EAM London Limited, 215-221 Borough High Street, London, SE1 1JA.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 33.33% straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 -
Additions 2,655
As at 31 October 2023 2,655
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2022 -
Provided during the period 680
As at 31 October 2023 680
Net Book Value
As at 31 October 2023 1,975
As at 1 November 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 255,496 308,869
Other debtors - 2 54,525 -
VAT 2,773 4,251
Directors' loan accounts - 12,994
312,794 326,114
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 17,100 9,106
Bank loans and overdrafts - 669
Other taxes and social security 13,077 9,211
Net wages 2,394 -
Other creditors 741,438 335,267
Credit card 7,432 5,326
Argos International Inc loan 150,000 200,000
Accruals and deferred income 3,250 3,250
934,691 562,829
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 42,420 45,000
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 51 51
Page 4