Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10350187 Mr Richard Morrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10350187 2023-08-31 10350187 2024-08-31 10350187 2023-09-01 2024-08-31 10350187 frs-core:CurrentFinancialInstruments 2024-08-31 10350187 frs-core:ComputerEquipment 2024-08-31 10350187 frs-core:ComputerEquipment 2023-09-01 2024-08-31 10350187 frs-core:ComputerEquipment 2023-08-31 10350187 frs-core:MotorVehicles 2024-08-31 10350187 frs-core:MotorVehicles 2023-09-01 2024-08-31 10350187 frs-core:MotorVehicles 2023-08-31 10350187 frs-core:ShareCapital 2024-08-31 10350187 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10350187 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10350187 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10350187 frs-bus:SmallEntities 2023-09-01 2024-08-31 10350187 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10350187 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10350187 frs-bus:Director1 2023-09-01 2024-08-31 10350187 frs-bus:Director1 2023-08-31 10350187 frs-bus:Director1 2024-08-31 10350187 frs-countries:EnglandWales 2023-09-01 2024-08-31 10350187 2022-08-31 10350187 2023-08-31 10350187 2022-09-01 2023-08-31 10350187 frs-core:CurrentFinancialInstruments 2023-08-31 10350187 frs-core:ShareCapital 2023-08-31 10350187 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10350187
Morrell and Bert Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Forest Edge Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10350187
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,790 7,720
5,790 7,720
CURRENT ASSETS
Debtors 5 1,814 26,514
Cash at bank and in hand 100,922 163,261
102,736 189,775
Creditors: Amounts Falling Due Within One Year 6 (22,328 ) (134,375 )
NET CURRENT ASSETS (LIABILITIES) 80,408 55,400
TOTAL ASSETS LESS CURRENT LIABILITIES 86,198 63,120
NET ASSETS 86,198 63,120
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 86,098 63,020
SHAREHOLDERS' FUNDS 86,198 63,120
Page 1
Page 2
For the year ending 31 August 2024 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 Richard Morrell
Director
22/09/2024
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
Morrell and Bert Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10350187 . The registered office is 33 Broomhill Road, Woodford Green, Essex, IG8 9HD.
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:
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 14,638 1,041 15,679
As at 31 August 2024 14,638 1,041 15,679
Depreciation
As at 1 September 2023 6,918 1,041 7,959
Provided during the period 1,930 - 1,930
As at 31 August 2024 8,848 1,041 9,889
Net Book Value
As at 31 August 2024 5,790 - 5,790
As at 1 September 2023 7,720 - 7,720
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 564 25,264
Prepayments and accrued income 1,250 1,250
1,814 26,514
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 14,731 17,396
VAT 4,714 8,245
Accruals and deferred income 1,684 1,793
Director's loan account 1,199 106,941
22,328 134,375
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans by directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Richard Morrell 106,941 - 105,742 - 1,199
The above loan is unsecured, interest free and repayable on demand.
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