Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 5642190 Mrs Judith Taylor Mr Allan Oakley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5642190 2022-12-31 5642190 2023-12-31 5642190 2023-01-01 2023-12-31 5642190 frs-core:FurnitureFittings 2023-01-01 2023-12-31 5642190 frs-core:ShareCapital 2023-12-31 5642190 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 5642190 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 5642190 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 5642190 frs-bus:SmallEntities 2023-01-01 2023-12-31 5642190 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 5642190 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 5642190 frs-core:CostValuation 2022-12-31 5642190 frs-core:CostValuation 2023-12-31 5642190 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 5642190 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 5642190 frs-bus:Director1 2023-01-01 2023-12-31 5642190 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 5642190 frs-countries:EnglandWales 2023-01-01 2023-12-31 5642190 2021-12-31 5642190 2022-12-31 5642190 2022-01-01 2022-12-31 5642190 frs-core:ShareCapital 2022-12-31 5642190 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 5642190
Markus Excel Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 5642190
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,782 3,477
Investments 5 2,000 2,000
4,782 5,477
CURRENT ASSETS
Stocks 2,250 2,250
Debtors 20,213 21,112
Cash at bank and in hand - 1,753
22,463 25,115
Creditors: Amounts Falling Due Within One Year (25,353 ) (23,174 )
NET CURRENT ASSETS (LIABILITIES) (2,890 ) 1,941
TOTAL ASSETS LESS CURRENT LIABILITIES 1,892 7,418
PROVISIONS FOR LIABILITIES
Deferred Taxation 6 (548 ) (660 )
NET ASSETS 1,344 6,758
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 1,342 6,756
SHAREHOLDERS' FUNDS 1,344 6,758
Page 1
Page 2
For the year ending 31 December 2023 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Judith Taylor
Director
29/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Markus Excel Limited Registered number 5642190 is a limited by shares company incorporated in England & Wales. The Registered Office is 24 North Drive, Thornton Cleveleys, Lancashire, FY5 3AQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20%
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. 
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 4)
3 4
4. Tangible Assets
Total
£
Cost
As at 1 January 2023 29,485
As at 31 December 2023 29,485
Depreciation
As at 1 January 2023 26,008
Provided during the period 695
As at 31 December 2023 26,703
Net Book Value
As at 31 December 2023 2,782
As at 1 January 2023 3,477
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5. Investments
Total
£
Cost
As at 1 January 2023 3,242
As at 31 December 2023 3,242
Provision
As at 1 January 2023 1,242
As at 31 December 2023 1,242
Net Book Value
As at 31 December 2023 2,000
As at 1 January 2023 2,000
6. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances
2023 2022
£ £
Other timing differences 548 660
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
8. Dividends
2023 2022
£ £
On equity shares:
Interim dividend paid - 5,000
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