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 12086491 N J Hargrave S B Shilling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12086491 2022-12-31 12086491 2023-12-31 12086491 2023-01-01 2023-12-31 12086491 frs-core:CurrentFinancialInstruments 2023-12-31 12086491 frs-core:ComputerEquipment 2023-12-31 12086491 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12086491 frs-core:ComputerEquipment 2022-12-31 12086491 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 12086491 frs-core:OtherResidualIntangibleAssets 2023-12-31 12086491 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 12086491 frs-core:OtherResidualIntangibleAssets 2022-12-31 12086491 frs-core:ShareCapital 2023-12-31 12086491 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12086491 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12086491 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12086491 frs-bus:SmallEntities 2023-01-01 2023-12-31 12086491 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12086491 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12086491 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 12086491 frs-bus:OrdinaryShareClass1 2023-12-31 12086491 frs-core:CostValuation 2022-12-31 12086491 frs-core:DisposalsRepaymentsInvestments 2023-12-31 12086491 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments 2023-12-31 12086491 frs-core:CostValuation 2023-12-31 12086491 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 12086491 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12086491 frs-bus:Director1 2023-01-01 2023-12-31 12086491 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 12086491 frs-countries:EnglandWales 2023-01-01 2023-12-31 12086491 2021-12-31 12086491 2022-12-31 12086491 2022-01-01 2022-12-31 12086491 frs-core:CurrentFinancialInstruments 2022-12-31 12086491 frs-core:ShareCapital 2022-12-31 12086491 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 12086491 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 12086491
Moulton Harrox Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12086491
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,841 4,908
Tangible Assets 5 - 497
Investments 6 8,228 17,182
11,069 22,587
CURRENT ASSETS
Debtors 7 107 6,326
Cash at bank and in hand 2,462 30
2,569 6,356
Creditors: Amounts Falling Due Within One Year 8 (107,977 ) (132,511 )
NET CURRENT ASSETS (LIABILITIES) (105,408 ) (126,155 )
TOTAL ASSETS LESS CURRENT LIABILITIES (94,339 ) (103,568 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (1,027 )
NET LIABILITIES (94,339 ) (104,595 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (95,339 ) (105,595 )
SHAREHOLDERS' FUNDS (94,339) (104,595)
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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
N J Hargrave
Director
26 September 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Moulton Harrox Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12086491 . The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ.
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 is reduced for estimated customer returns, rebates and other similar allowances.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets acquired separately from the business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. 
It is amortised to profit and loss account over its estimated economic life of 3 years.
2.4. 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:
Computer Equipment 33% Straight line
2.5. Investments
Investments are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using available market data. Changes in the movement in fair value are recorded taken in the Statement of Income and Retained Earnings. 
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 2)
1 2
4. Intangible Assets
Website
£
Cost
As at 1 January 2023 6,200
As at 31 December 2023 6,200
Amortisation
As at 1 January 2023 1,292
Provided during the period 2,067
As at 31 December 2023 3,359
Net Book Value
As at 31 December 2023 2,841
As at 1 January 2023 4,908
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 1,600
As at 31 December 2023 1,600
Depreciation
As at 1 January 2023 1,103
Provided during the period 497
As at 31 December 2023 1,600
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 497
6. Investments
Other
£
Cost
As at 1 January 2023 17,182
Disposals (1,540 )
Fair value adjustments (7,414 )
As at 31 December 2023 8,228
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 8,228
As at 1 January 2023 17,182
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 6,000
Prepayments and accrued income 86 326
Other taxes and social security 21 -
107 6,326
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8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts - 369
Other taxes and social security - 1,292
VAT 1,021 2,639
Accruals and deferred income 1,000 1,730
Director's loan account 105,956 126,481
107,977 132,511
9. Share Capital
2023 2022
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
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