Acorah Software Products - Accounts Production 16.0.110 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12238214 Ms Margaux Cras Mr Vincent Doucet iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12238214 2022-12-31 12238214 2023-12-31 12238214 2023-01-01 2023-12-31 12238214 frs-core:CurrentFinancialInstruments 2023-12-31 12238214 frs-core:BetweenOneFiveYears 2023-12-31 12238214 frs-core:PlantMachinery 2023-12-31 12238214 frs-core:PlantMachinery 2023-01-01 2023-12-31 12238214 frs-core:PlantMachinery 2022-12-31 12238214 frs-core:WithinOneYear 2023-12-31 12238214 frs-core:ShareCapital 2023-12-31 12238214 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12238214 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12238214 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12238214 frs-bus:SmallEntities 2023-01-01 2023-12-31 12238214 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12238214 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12238214 frs-bus:Director1 2023-01-01 2023-12-31 12238214 frs-bus:Director2 2023-01-01 2023-12-31 12238214 frs-countries:EnglandWales 2023-01-01 2023-12-31 12238214 2021-12-31 12238214 2022-12-31 12238214 2022-01-01 2022-12-31 12238214 frs-core:CurrentFinancialInstruments 2022-12-31 12238214 frs-core:BetweenOneFiveYears 2022-12-31 12238214 frs-core:WithinOneYear 2022-12-31 12238214 frs-core:ShareCapital 2022-12-31 12238214 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12238214
Margaux 2 Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Tax Assure Accountants Ltd
Chartered Certified Accountants
400 Green Lanes
London
N13 5PD
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Ms Margaux Cras
Mr Vincent Doucet
Company Number 12238214
Registered Office 136a Blackstock Road
Finsbury Park
London
N4 2DX
Accountants Tax Assure Accountants Ltd
Chartered Certified Accountants
400 Green Lanes
London
N13 5PD
Page 1
Page 2
Balance Sheet
Registered number: 12238214
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,556 43,117
25,556 43,117
CURRENT ASSETS
Stocks 5 3,500 3,500
Debtors 6 19,338 21,263
Cash at bank and in hand 69,032 80,380
91,870 105,143
Creditors: Amounts Falling Due Within One Year 7 (214,817 ) (221,638 )
NET CURRENT ASSETS (LIABILITIES) (122,947 ) (116,495 )
TOTAL ASSETS LESS CURRENT LIABILITIES (97,391 ) (73,378 )
NET LIABILITIES (97,391 ) (73,378 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (97,491 ) (73,478 )
SHAREHOLDERS' FUNDS (97,391) (73,378)
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For the year ending 31 December 2023 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 Vincent Doucet
Director
26/09/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Margaux 2 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12238214 . The registered office is 136a Blackstock Road, Finsbury Park, London, N4 2DX.
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. 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.
2.4. 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 over 5 years
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 2)
4 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 87,806
As at 31 December 2023 87,806
Depreciation
As at 1 January 2023 44,689
Provided during the period 17,561
As at 31 December 2023 62,250
...CONTINUED
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Net Book Value
As at 31 December 2023 25,556
As at 1 January 2023 43,117
5. Stocks
2023 2022
£ £
Materials 3,500 3,500
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 19,338 21,263
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 2,237
Other creditors 187,998 214,622
Taxation and social security 26,819 4,779
214,817 221,638
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 36,000 36,000
Later than one year and not later than five years 6,214 42,214
42,214 78,214
10. Related Party Transactions
Ma Beauty LtdUnder common control of the directors

Ma Beauty Ltd

Under common control of the directors

During the year, Ma Beauty Ltd charged the company for expenses of £100,726 (2022 - £147,255). At the balance sheet date, there was an amount of £50,871 (2022 - £86,623) due to the related party. 
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