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 11352479 Mr Marc Adler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11352479 2022-12-31 11352479 2023-12-31 11352479 2023-01-01 2023-12-31 11352479 frs-core:CurrentFinancialInstruments 2023-12-31 11352479 frs-core:Non-currentFinancialInstruments 2023-12-31 11352479 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 11352479 frs-core:InvestmentPropertyIncludedWithinPPE 2022-12-31 11352479 frs-core:OtherReservesSubtotal 2023-12-31 11352479 frs-core:ShareCapital 2023-12-31 11352479 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11352479 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11352479 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11352479 frs-bus:SmallEntities 2023-01-01 2023-12-31 11352479 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11352479 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11352479 frs-bus:Director1 2023-01-01 2023-12-31 11352479 frs-countries:EnglandWales 2023-01-01 2023-12-31 11352479 2021-12-31 11352479 2022-12-31 11352479 2022-01-01 2022-12-31 11352479 frs-core:CurrentFinancialInstruments 2022-12-31 11352479 frs-core:Non-currentFinancialInstruments 2022-12-31 11352479 frs-core:OtherReservesSubtotal 2022-12-31 11352479 frs-core:ShareCapital 2022-12-31 11352479 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11352479
Mobray Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11352479
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 176,820 175,000
176,820 175,000
CURRENT ASSETS
Debtors 5 130,978 130,949
Cash at bank and in hand 20,584 -
151,562 130,949
Creditors: Amounts Falling Due Within One Year 6 (245,069 ) (192,463 )
NET CURRENT ASSETS (LIABILITIES) (93,507 ) (61,514 )
TOTAL ASSETS LESS CURRENT LIABILITIES 83,313 113,486
Creditors: Amounts Falling Due After More Than One Year 7 (133,228 ) (133,228 )
NET LIABILITIES (49,915 ) (19,742 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Other reserves (14,429 ) (14,429 )
Profit and Loss Account (35,487 ) (5,314 )
SHAREHOLDERS' FUNDS (49,915) (19,742)
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 his 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 Marc Adler
Director
19/09/2024
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
Mobray Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11352479 . The registered office is 23a Lampard Grove, London, N16 6XA.
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, 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.
2.3. 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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost
As at 1 January 2023 189,429
Additions 1,820
As at 31 December 2023 191,249
Depreciation
As at 1 January 2023 14,429
As at 31 December 2023 14,429
Net Book Value
As at 31 December 2023 176,820
As at 1 January 2023 175,000
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 300
Prepayments and accrued income 329 -
Other debtors 130,649 130,649
130,978 130,949
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 710
Other creditors 245,069 191,753
245,069 192,463
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 133,228 133,228
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4