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 10120978 Mr Greg Hackett Mr Abdul Malik true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10120978 2023-04-30 10120978 2024-04-30 10120978 2023-05-01 2024-04-30 10120978 frs-core:CurrentFinancialInstruments 2024-04-30 10120978 frs-core:Non-currentFinancialInstruments 2024-04-30 10120978 frs-core:ComputerEquipment 2024-04-30 10120978 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10120978 frs-core:ComputerEquipment 2023-04-30 10120978 frs-core:ShareCapital 2024-04-30 10120978 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10120978 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10120978 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10120978 frs-bus:SmallEntities 2023-05-01 2024-04-30 10120978 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10120978 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10120978 1 2023-05-01 2024-04-30 10120978 frs-bus:Director1 2023-05-01 2024-04-30 10120978 frs-bus:Director2 2023-05-01 2024-04-30 10120978 frs-countries:EnglandWales 2023-05-01 2024-04-30 10120978 2022-04-30 10120978 2023-04-30 10120978 2022-05-01 2023-04-30 10120978 frs-core:CurrentFinancialInstruments 2023-04-30 10120978 frs-core:Non-currentFinancialInstruments 2023-04-30 10120978 frs-core:ShareCapital 2023-04-30 10120978 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10120978
Top Munro Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10120978
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 1,537 -
1,537 -
CURRENT ASSETS
Stocks 4 4,180 5,258
Debtors 5 722 1,091
Cash at bank and in hand 1,803 701
6,705 7,050
Creditors: Amounts Falling Due Within One Year 6 (3,274 ) (4,929 )
NET CURRENT ASSETS (LIABILITIES) 3,431 2,121
TOTAL ASSETS LESS CURRENT LIABILITIES 4,968 2,121
Creditors: Amounts Falling Due After More Than One Year 7 (7,266 ) (10,821 )
NET LIABILITIES (2,298 ) (8,700 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (2,299 ) (8,701 )
SHAREHOLDERS' FUNDS (2,298) (8,700)
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Page 2
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 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
Mr Greg Hackett
Director
29th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. 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:
Computer Equipment 25% Reducing Balance
1.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
3. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 -
Additions 1,570
As at 30 April 2024 1,570
Depreciation
As at 1 May 2023 -
Provided during the period 33
As at 30 April 2024 33
Net Book Value
As at 30 April 2024 1,537
As at 1 May 2023 -
4. Stocks
2024 2023
£ £
Stock 4,180 5,258
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 218 1,091
Prepayments and accrued income 504 -
722 1,091
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Corporation tax 1,139 3,628
Accruals and deferred income 1,260 1,039
Directors' loan accounts 875 263
3,274 4,929
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,266 10,821
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 16,235
10. Ultimate Controlling Party
The company's ultimate controlling party is the company's director by virtue of his ownership of 100% of the issued share capital in the company.
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