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 09009185 Mr Sukhdeep Gill Mrs Amandeep Kaur iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09009185 2023-04-30 09009185 2024-04-30 09009185 2023-05-01 2024-04-30 09009185 frs-core:CurrentFinancialInstruments 2024-04-30 09009185 frs-core:Non-currentFinancialInstruments 2024-04-30 09009185 frs-core:ComputerEquipment 2024-04-30 09009185 frs-core:ComputerEquipment 2023-05-01 2024-04-30 09009185 frs-core:ComputerEquipment 2023-04-30 09009185 frs-core:FurnitureFittings 2024-04-30 09009185 frs-core:FurnitureFittings 2023-05-01 2024-04-30 09009185 frs-core:FurnitureFittings 2023-04-30 09009185 frs-core:OtherReservesSubtotal 2024-04-30 09009185 frs-core:ShareCapital 2024-04-30 09009185 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09009185 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09009185 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09009185 frs-bus:SmallEntities 2023-05-01 2024-04-30 09009185 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09009185 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09009185 frs-bus:Director1 2023-05-01 2024-04-30 09009185 frs-bus:Director2 2023-05-01 2024-04-30 09009185 frs-countries:EnglandWales 2023-05-01 2024-04-30 09009185 2022-04-30 09009185 2023-04-30 09009185 2022-05-01 2023-04-30 09009185 frs-core:CurrentFinancialInstruments 2023-04-30 09009185 frs-core:Non-currentFinancialInstruments 2023-04-30 09009185 frs-core:OtherReservesSubtotal 2023-04-30 09009185 frs-core:ShareCapital 2023-04-30 09009185 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09009185
Mitee Consultancy Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09009185
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 1,838 2,243
1,838 2,243
CURRENT ASSETS
Debtors 4 61,387 57,500
Cash at bank and in hand 12,090 10,578
73,477 68,078
Creditors: Amounts Falling Due Within One Year 5 (30,698 ) (26,796 )
NET CURRENT ASSETS (LIABILITIES) 42,779 41,282
TOTAL ASSETS LESS CURRENT LIABILITIES 44,617 43,525
NET ASSETS 44,617 43,525
CAPITAL AND RESERVES
Called up share capital 6 100 100
Other reserves (27,779 ) (29,628 )
Profit and Loss Account 72,296 73,053
SHAREHOLDERS' FUNDS 44,617 43,525
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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 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 Sukhdeep Gill
Director
28/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
1.3. 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:
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
1.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
1.5. Related Party Transactions
Loans made to connected parties are recognised in the financial statements at the discounted present value using the effective interest rate method.
1.6. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 2 2
2 2
3. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 2,759 6,422 9,181
Additions - 715 715
As at 30 April 2024 2,759 7,137 9,896
Depreciation
As at 1 May 2023 2,516 4,422 6,938
Provided during the period 243 877 1,120
As at 30 April 2024 2,759 5,299 8,058
Net Book Value
As at 30 April 2024 - 1,838 1,838
As at 1 May 2023 243 2,000 2,243
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 18,930 9,744
Prepayments and accrued income 1,607 -
Other debtors 100 5,100
20,637 14,844
Due after more than one year
Other debtors 40,750 42,656
40,750 42,656
61,387 57,500
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 19,731 16,214
Other taxes and social security 32 32
VAT 10,780 8,565
Other creditors 155 1,985
30,698 26,796
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
At 30th April 2024 Mitee Consultancy Ltd was owed £72,609 (2023 - £73,386) from Mitee Properties Ltd, a company in which Mr Sukhdeep Gill and Mrs Amandeep Gill are directors and shareholders. The loan is interest only, for a term of twenty years repayable on the 1st April 2041.
The loan is subject to an annual interest rate of 1% above the Bank of England base rate.
8. General Information
Mitee Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09009185 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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