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 07909372 Mr Frank Horstmann Mrs Phaedra Horstmann iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07909372 2022-12-31 07909372 2023-12-31 07909372 2023-01-01 2023-12-31 07909372 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 07909372 frs-core:ShareCapital 2023-12-31 07909372 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07909372 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07909372 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 07909372 frs-bus:SmallEntities 2023-01-01 2023-12-31 07909372 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07909372 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07909372 frs-bus:Director1 2023-01-01 2023-12-31 07909372 frs-bus:Director2 2023-01-01 2023-12-31 07909372 frs-countries:EnglandWales 2023-01-01 2023-12-31 07909372 2021-12-31 07909372 2022-12-31 07909372 2022-01-01 2022-12-31 07909372 frs-core:ShareCapital 2022-12-31 07909372 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07909372
Multi Circuit Boards Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Avencia Tax and Accountancy Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 07909372
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,161 3,161
3,161 3,161
CURRENT ASSETS
Debtors 1,672,501 4,017,834
Cash at bank and in hand 2,326,914 2,388,019
3,999,415 6,405,853
Creditors: Amounts Falling Due Within One Year (898,938 ) (3,453,697 )
NET CURRENT ASSETS (LIABILITIES) 3,100,477 2,952,156
TOTAL ASSETS LESS CURRENT LIABILITIES 3,103,638 2,955,317
PROVISIONS FOR LIABILITIES
Provisions For Charges (522,462 ) (27,956 )
NET ASSETS 2,581,176 2,927,361
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Profit and Loss Account 2,580,176 2,926,361
SHAREHOLDERS' FUNDS 2,581,176 2,927,361
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 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.
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
Mr Frank Horstmann
Director
26/09/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Multi Circuit Boards Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07909372 . The registered office is Arena Business Centres, Holyrood Close, Poole , Dorset, BH17 7FJ.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are measured at cost less accumulated amortisation and any impairment losses.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Taxation is calculated and provided for in accordance with German tax law.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: NIL)
2 -
4. Intangible Assets
Total
£
Cost
As at 1 January 2023 4,795
As at 31 December 2023 4,795
Amortisation
As at 1 January 2023 1,634
As at 31 December 2023 1,634
Net Book Value
As at 31 December 2023 3,161
As at 1 January 2023 3,161
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 3