Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 NI630664 Dr M Perry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI630664 2023-04-30 NI630664 2024-04-30 NI630664 2023-05-01 2024-04-30 NI630664 frs-core:CurrentFinancialInstruments 2024-04-30 NI630664 frs-core:ComputerEquipment 2024-04-30 NI630664 frs-core:ComputerEquipment 2023-05-01 2024-04-30 NI630664 frs-core:ComputerEquipment 2023-04-30 NI630664 frs-core:ShareCapital 2024-04-30 NI630664 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI630664 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI630664 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 NI630664 frs-bus:SmallEntities 2023-05-01 2024-04-30 NI630664 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 NI630664 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI630664 frs-bus:Director1 2023-05-01 2024-04-30 NI630664 frs-countries:NorthernIreland 2023-05-01 2024-04-30 NI630664 2022-04-30 NI630664 2023-04-30 NI630664 2022-05-01 2023-04-30 NI630664 frs-core:CurrentFinancialInstruments 2023-04-30 NI630664 frs-core:ShareCapital 2023-04-30 NI630664 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: NI630664
MJP Maxillofacial Services Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Strategic Partnership
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: NI630664
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 466 1,820
466 1,820
CURRENT ASSETS
Debtors 5 47,057 40,178
Cash at bank and in hand 565,647 431,266
612,704 471,444
Creditors: Amounts Falling Due Within One Year 6 (51,495 ) (26,874 )
NET CURRENT ASSETS (LIABILITIES) 561,209 444,570
TOTAL ASSETS LESS CURRENT LIABILITIES 561,675 446,390
NET ASSETS 561,675 446,390
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 561,674 446,389
SHAREHOLDERS' FUNDS 561,675 446,390
For the year ending 30 April 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 Income Statement.
On behalf of the board
Dr M Perry
Director
9 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
MJP Maxillofacial Services Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI630664 . The registered office is 2 Market Place, Carrickfergus, Northern Ireland, BT38 7AW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
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
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
2.4. Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.6. Critical Accounting Judgements and Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions
about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are
described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers.These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 4,103
As at 30 April 2024 4,103
Depreciation
As at 1 May 2023 2,283
Provided during the period 1,354
As at 30 April 2024 3,637
Net Book Value
As at 30 April 2024 466
As at 1 May 2023 1,820
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 47,057 21,390
Prepayments and accrued income - 2,021
Director's loan account - 16,767
47,057 40,178
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 36,952 26,874
VAT 3,020 -
Accruals and deferred income 1,922 -
Director's loan account 9,601 -
51,495 26,874
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
The nominal value per share is £1 and as at the year end, there is 1 Ordinary share in issue.
8. Related Party Transactions
As at 30 April 2024, the Directors Loan Account balance of Dr M Perry is £9,601. This is a current liability, interest free and repayable on demand.
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