Acorah Software Products - Accounts Production 16.0.110 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 January 2024 31 January 2024 06502275 Mr Christopher Sprinz Wilkinson Accounting Solutions Ltd Arch Accountancy Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06502275 2023-03-31 06502275 2024-01-31 06502275 2023-04-01 2024-01-31 06502275 frs-core:CurrentFinancialInstruments 2024-01-31 06502275 frs-core:MotorVehicles 2024-01-31 06502275 frs-core:MotorVehicles 2023-04-01 2024-01-31 06502275 frs-core:MotorVehicles 2023-03-31 06502275 frs-core:ShareCapital 2024-01-31 06502275 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 06502275 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-01-31 06502275 frs-bus:FilletedAccounts 2023-04-01 2024-01-31 06502275 frs-bus:SmallEntities 2023-04-01 2024-01-31 06502275 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-01-31 06502275 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-01-31 06502275 frs-bus:Director1 2023-04-01 2024-01-31 06502275 frs-bus:CompanySecretary1 2023-04-01 2024-01-31 06502275 frs-bus:CompanySecretary2 2023-04-01 2024-01-31 06502275 frs-core:CurrentFinancialInstruments 1 2024-01-31 06502275 frs-core:CurrentFinancialInstruments 2 2024-01-31 06502275 frs-core:CurrentFinancialInstruments 3 2024-01-31 06502275 frs-core:CurrentFinancialInstruments 4 2024-01-31 06502275 frs-core:CurrentFinancialInstruments 5 2024-01-31 06502275 frs-countries:EnglandWales 2023-04-01 2024-01-31 06502275 2022-03-31 06502275 2023-03-31 06502275 2022-04-01 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 2023-03-31 06502275 frs-core:ShareCapital 2023-03-31 06502275 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 1 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 2 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 3 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 4 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 5 2023-03-31 06502275 frs-core:CurrentFinancialInstruments 6 2023-03-31
Registered number: 06502275
Mowbray Indigo Limited
Unaudited Financial Statements
For the Period 1 April 2023 to 31 January 2024
Wilkinson Accounting Solutions Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06502275
31 January 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 720 1,071
720 1,071
CURRENT ASSETS
Debtors 5 3,405,936 3,181,403
Cash at bank and in hand 713,536 1,028,841
4,119,472 4,210,244
Creditors: Amounts Falling Due Within One Year 6 (15,913 ) (103,536 )
NET CURRENT ASSETS (LIABILITIES) 4,103,559 4,106,708
TOTAL ASSETS LESS CURRENT LIABILITIES 4,104,279 4,107,779
NET ASSETS 4,104,279 4,107,779
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 4,104,179 4,107,679
SHAREHOLDERS' FUNDS 4,104,279 4,107,779
Page 1
Page 2
For the period 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 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 Christopher Sprinz
Director
29/10/2024
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
Mowbray Indigo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06502275 . The registered office is Stuart House-East Wing, St. Johns Street, Peterborough, PE1 5DD.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 18% reducing balance
2.4.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts Payable are classified as current liabilities if the company does not have an unconditional right at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3 (2023: 1)
3 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2023 15,224
As at 31 January 2024 15,224
Depreciation
As at 1 April 2023 14,153
Provided during the period 351
As at 31 January 2024 14,504
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2024 720
As at 1 April 2023 1,071
5. Debtors
31 January 2024 31 March 2023
£ £
Due within one year
INVESTMENT CG SPRINZ 543,800 543,800
Servisdent 150,000 150,000
HVE 34,533 50,000
M157 Loan 1,854,603 1,477,297
Investment BS 823,000 763,000
Bushfield - 197,306
3,405,936 3,181,403
6. Creditors: Amounts Falling Due Within One Year
31 January 2024 31 March 2023
£ £
Trade creditors - (1 )
Other creditors 2,796 -
Accruals and deferred income - 18,107
Director's loan account 13,117 85,430
15,913 103,536
7. Share Capital
31 January 2024 31 March 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4