Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 24 May 2022 false 1 June 2023 31 May 2024 31 May 2024 14126916 Ms Wendy Archer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14126916 2023-05-31 14126916 2024-05-31 14126916 2023-06-01 2024-05-31 14126916 frs-core:CurrentFinancialInstruments 2024-05-31 14126916 frs-core:PlantMachinery 2024-05-31 14126916 frs-core:PlantMachinery 2023-06-01 2024-05-31 14126916 frs-core:PlantMachinery 2023-05-31 14126916 frs-core:ShareCapital 2024-05-31 14126916 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14126916 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14126916 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14126916 frs-bus:SmallEntities 2023-06-01 2024-05-31 14126916 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14126916 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14126916 frs-bus:Director1 2023-06-01 2024-05-31 14126916 frs-countries:EnglandWales 2023-06-01 2024-05-31 14126916 2022-05-23 14126916 2023-05-31 14126916 2022-05-24 2023-05-31 14126916 frs-core:CurrentFinancialInstruments 2023-05-31 14126916 frs-core:ShareCapital 2023-05-31 14126916 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 14126916
Menever Construction 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: 14126916
31 May 2024 31 May 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,200 -
3,200 -
CURRENT ASSETS
Stocks 5 18,559 -
Debtors 6 9,253 -
Cash at bank and in hand 481 1
28,293 1
Creditors: Amounts Falling Due Within One Year 7 (6,197 ) -
NET CURRENT ASSETS (LIABILITIES) 22,096 1
TOTAL ASSETS LESS CURRENT LIABILITIES 25,296 1
NET ASSETS 25,296 1
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 25,295 -
SHAREHOLDERS' FUNDS 25,296 1
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 her 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
Ms Wendy Archer
Director
30 August 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
Menever Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14126916 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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:
Plant & Machinery 20% Reducing balance
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.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 1 (2023: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 -
Additions 4,000
As at 31 May 2024 4,000
Depreciation
As at 1 June 2023 -
Provided during the period 800
As at 31 May 2024 800
Net Book Value
As at 31 May 2024 3,200
As at 1 June 2023 -
5. Stocks
31 May 2024 31 May 2023
£ £
Finished goods 18,559 -
6. Debtors
31 May 2024 31 May 2023
£ £
Due within one year
Other debtors 9,253 -
7. Creditors: Amounts Falling Due Within One Year
31 May 2024 31 May 2023
£ £
Other creditors 1,014 -
Taxation and social security 5,183 -
6,197 -
Page 4
Page 5
8. Share Capital
31 May 2024 31 May 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5