Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 12424485 M G Wilcox M Leason iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12424485 2023-01-31 12424485 2024-01-31 12424485 2023-02-01 2024-01-31 12424485 frs-core:CurrentFinancialInstruments 2024-01-31 12424485 frs-core:PlantMachinery 2024-01-31 12424485 frs-core:PlantMachinery 2023-02-01 2024-01-31 12424485 frs-core:PlantMachinery 2023-01-31 12424485 frs-core:ShareCapital 2024-01-31 12424485 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12424485 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12424485 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12424485 frs-bus:SmallEntities 2023-02-01 2024-01-31 12424485 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12424485 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12424485 frs-bus:Director1 2023-02-01 2024-01-31 12424485 frs-bus:Director2 2023-02-01 2024-01-31 12424485 frs-countries:EnglandWales 2023-02-01 2024-01-31 12424485 2022-01-31 12424485 2023-01-31 12424485 2022-02-01 2023-01-31 12424485 frs-core:CurrentFinancialInstruments 2023-01-31 12424485 frs-core:ShareCapital 2023-01-31 12424485 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 12424485 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 12424485
M&M Property Innovations Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
The Boss Partnership
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12424485
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,842 35,789
26,842 35,789
CURRENT ASSETS
Debtors 5 - 1,780
Cash at bank and in hand 1,929 429
1,929 2,209
Creditors: Amounts Falling Due Within One Year 6 (44,433 ) (46,992 )
NET CURRENT ASSETS (LIABILITIES) (42,504 ) (44,783 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,662 ) (8,994 )
NET LIABILITIES (15,662 ) (8,994 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (15,762 ) (9,094 )
SHAREHOLDERS' FUNDS (15,662) (8,994)
Page 1
Page 2
For the year ending 31 January 2024 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.
On behalf of the board
M G Wilcox
Director
17/10/2024
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
M&M Property Innovations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12424485 . The registered office is 1 Parkside Court Greenhough Road, Lichfield, WS13 7FE.
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 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 56,140
As at 31 January 2024 56,140
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2023 20,351
Provided during the period 8,947
As at 31 January 2024 29,298
Net Book Value
As at 31 January 2024 26,842
As at 1 February 2023 35,789
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,780
- 1,780
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Inter-company M&M Electrical Contractors (Mids) Ltd 42,665 45,982
Deposits - 100
Accruals and deferred income 1,769 910
44,433 46,992
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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