Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 02797326 Mr Edward Green Mr James Green Mr Richard Green iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02797326 2023-03-31 02797326 2024-03-31 02797326 2023-04-01 2024-03-31 02797326 frs-core:CurrentFinancialInstruments 2024-03-31 02797326 frs-core:ComputerEquipment 2024-03-31 02797326 frs-core:ComputerEquipment 2023-04-01 2024-03-31 02797326 frs-core:ComputerEquipment 2023-03-31 02797326 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02797326 frs-core:RevaluationReserve 2023-03-31 02797326 frs-core:RevaluationReserve 2024-03-31 02797326 frs-core:ShareCapital 2024-03-31 02797326 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02797326 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02797326 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 02797326 frs-bus:SmallEntities 2023-04-01 2024-03-31 02797326 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02797326 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02797326 frs-bus:Director1 2023-04-01 2024-03-31 02797326 frs-bus:Director2 2023-04-01 2024-03-31 02797326 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 02797326 frs-countries:EnglandWales 2023-04-01 2024-03-31 02797326 2022-03-31 02797326 2023-03-31 02797326 2022-04-01 2023-03-31 02797326 frs-core:CurrentFinancialInstruments 2023-03-31 02797326 frs-core:RevaluationReserve 2023-03-31 02797326 frs-core:ShareCapital 2023-03-31 02797326 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 02797326 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 02797326
Mister Gees Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02797326
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 697 179
Investment Properties 5 752,641 752,641
753,338 752,820
CURRENT ASSETS
Debtors 6 - 1,750
Cash at bank and in hand 23,376 13,277
23,376 15,027
Creditors: Amounts Falling Due Within One Year 7 (418,618 ) (498,028 )
NET CURRENT ASSETS (LIABILITIES) (395,242 ) (483,001 )
TOTAL ASSETS LESS CURRENT LIABILITIES 358,096 269,819
NET ASSETS 358,096 269,819
CAPITAL AND RESERVES
Called up share capital 8 57,264 57,264
Revaluation reserve 9 20,840 20,840
Profit and Loss Account 279,992 191,715
SHAREHOLDERS' FUNDS 358,096 269,819
Page 1
Page 2
For the year ending 31 March 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 James Green
Director
19 July 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
Mister Gees Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02797326 . 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:
Freehold 0% per annum on cost
Computer Equipment 25% per annum on cost
No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of these properties.
2.4. 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: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,265
Additions 750
As at 31 March 2024 2,015
Depreciation
As at 1 April 2023 1,086
Provided during the period 232
As at 31 March 2024 1,318
Net Book Value
As at 31 March 2024 697
As at 1 April 2023 179
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 752,641
6. Debtors
2024 2023
£ £
Due within one year
Other debtors - 1,750
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Taxation and social security 37,203 27,619
Other creditors 1,415 1,250
Deferred income - 14,159
Directors' loan accounts 380,000 455,000
418,618 498,028
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 57,264 57,264
9. Reserves
Revaluation Reserve
£
As at 1 April 2023 20,840
As at 31 March 2024 20,840
Page 5