Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 SC537602 Miss Caroline Metcalf iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC537602 2023-06-30 SC537602 2024-06-30 SC537602 2023-07-01 2024-06-30 SC537602 frs-core:CurrentFinancialInstruments 2024-06-30 SC537602 frs-core:Non-currentFinancialInstruments 2024-06-30 SC537602 frs-core:ComputerEquipment 2023-07-01 2024-06-30 SC537602 frs-core:FurnitureFittings 2023-07-01 2024-06-30 SC537602 frs-core:PlantMachinery 2024-06-30 SC537602 frs-core:PlantMachinery 2023-07-01 2024-06-30 SC537602 frs-core:PlantMachinery 2023-06-30 SC537602 frs-core:ShareCapital 2024-06-30 SC537602 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC537602 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC537602 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC537602 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC537602 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC537602 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC537602 frs-bus:Director1 2023-07-01 2024-06-30 SC537602 frs-countries:Scotland 2023-07-01 2024-06-30 SC537602 2022-06-30 SC537602 2023-06-30 SC537602 2022-07-01 2023-06-30 SC537602 frs-core:CurrentFinancialInstruments 2023-06-30 SC537602 frs-core:Non-currentFinancialInstruments 2023-06-30 SC537602 frs-core:ShareCapital 2023-06-30 SC537602 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: SC537602
Mackenzie and Moncur Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Metcalf's Accountancy Services
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC537602
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,499 58,898
69,499 58,898
CURRENT ASSETS
Debtors 5 4,442 -
Cash at bank and in hand 153,962 152,273
158,404 152,273
Creditors: Amounts Falling Due Within One Year 6 (6,962 ) (1,413 )
NET CURRENT ASSETS (LIABILITIES) 151,442 150,860
TOTAL ASSETS LESS CURRENT LIABILITIES 220,941 209,758
Creditors: Amounts Falling Due After More Than One Year 7 (21,600 ) (29,796 )
NET ASSETS 199,341 179,962
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 199,340 179,961
SHAREHOLDERS' FUNDS 199,341 179,962
Page 1
Page 2
For the year ending 30 June 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 her 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
Miss Caroline Metcalf
Director
03/08/2024
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
Mackenzie and Moncur Limited is a private company, limited by shares, incorporated in Scotland, registered number SC537602 . The registered office is 113-115 George Street, Edinburgh, Midlothian, EH2 4JN.
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:
Plant & Machinery 18%
Fixtures & Fittings 18%
Computer Equipment 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 10)
12 10
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 60,161
As at 30 June 2024 60,161
Depreciation
As at 1 July 2023 1,263
Provided during the period (10,601 )
As at 30 June 2024 (9,338 )
Net Book Value
As at 30 June 2024 69,499
As at 1 July 2023 58,898
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Deferred tax current asset 4,442 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Corporation tax 4,442 -
VAT 2,521 1,413
6,962 1,413
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 21,600 29,796
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4